Global pharmaceutical glass packaging market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of pharmaceutical glass packaging market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Global pharmaceutical glass packaging market is set to witness substantial CAGR of 6.75% in the forecast period of 2019- 2026. Rising demand of high protective features and high expansion activities by multinational is the major factor for the growth of this market.
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Key Market Competitors:
Few of the major competitors currently working in the global pharmaceutical glass packaging market are Corning Incorporated, NIPRO, SGD Pharma, Stölzle Glass, Bormioli Pharma S.p.A., West Pharmaceutical Services, Inc., SCHOTT AG, Gerresheimer AG, Beatson Clark, Ardagh Group S.A., APG, Piramal Enterprises Ltd., Şişecam Group, Shandong Pharmaceutical Glass Co., Ltd, Hindusthan National Glass & Industries Limited, Amposan S.A., Acme Vial and Glass Company, LLC., O.Berk Company, LLC., DWK Life Sciences, BD.
- Growth in pharmaceutical industry will drive the growth of this market
- Increasing R&D activities on pharmaceutical glass packaging will propel the market growth
- Rising concern towards environmental issues will also drive the growth
- Growing prevalence for recycled packaging products is another important factor driving market
- Availability of alternatives like plastics and metals in the market will also hamper the market growth
- Increasing issues related to the glass surface will restrain the growth of the market
Key Insights in the report:
- Complete market analysis and forecasting
- Market definition, understanding the concept of pharmaceutical glass packaging
- Market drivers and restraints of the industry
- Market segmentations and market share divided amongst them
- Key players in the market and their analysis
Key Developments in the Market:
- In May 2016, China Jianyin Investment Ltd announced that they have acquired SGD Pharma which will help them to provide better opportunities in Asia. This will help them to provide better solutions which will be beneficial for both company and customers.
- In November 2015, Corning announced that they have acquired pharmaceutical glass tubing business of Gerresheimer AG which will help the company to bring innovative changes and new technologies in pharmaceutical glass packaging market. This will also help them to serve better services to their customers and strengthen their position in the market.
Table of Contents
Market Size-by Manufacturers
Market Size-by Type
Market Size-by Application
Upstream, Industry Chain and Downstream Customers Analysis
Opportunities & Challenges, Threat and Affecting Factors
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