The global pharmaceutical glass packaging market is anticipated to grow at a CAGR of 5.4% over the forecast period (2020-2026). The market has been segmented on the basis of product type into bottles, vials, cartridges & syringes, and others. The glass vials segment is likely to hold a substantial share in the market over the forecast period. The key factors that drive the segmental growth of the pharmaceutical glass packaging market include the increased demand for the glass vials across the globe, for the development of novel drugs.
Browse the full report description of "Global Pharmaceutical Glass Packaging Market Size, Share & Trends Analysis Report by Product Type (Bottles, Vials, Cartridges & Syringes, and Others), and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/pharmaceutical-glass-packaging-market
Further, the demand for glass vials is also likely to enhance owing to the growing complexity of drugs, rising prevalence of severe diseases across the globe. For instance, as per the International Diabetes Foundation, around 463 million adults had diabetes globally in 2019 which is further expected to reach 700 million by 2045. This rise in the prevalence of diabetes is encouraging manufacturers to develop safe and advanced packaging solutions for drugs. Thus, this is likely to enhance the growth of the glass vials in the global pharmaceutical glass packaging industry over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected region/segment
Global Pharmaceutical Glass Packaging Market – Segmentation
By Product Type
Global Pharmaceutical Glass Packaging Market – Segmentation by Region
North America
Europe
Asia-Pacific
Rest of the World
To learn more about this report request a free sample copy @ https://www.omrglobal.com/request-sample/pharmaceutical-glass-packaging-market