Vials Segment to Significantly Contribute to Global Pharmaceutical Glass Packaging Market

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. 

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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

• Market number available for – 2019-2026
• Base year- 2019
• Forecast period- 2020-2026
• Segment Covered- By Product Type
• Regions Covered- North America, Europe, Asia-Pacific, Rest of the World
• Competitive Landscape- Becton, Dickinson and Co., Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Nipro Corp., Schott AG, and SGD SA. 

Key questions addressed by the report

• What is the market growth rate?
• Which segment/region dominates the market in the base year?
• Which segment/region will project the fastest growth in the market?
• How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected region/segment

• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Pharmaceutical Glass Packaging Market – Segmentation

By Product Type

• Bottles
• Vials
• Cartridges & Syringes
• Others 

Global Pharmaceutical Glass Packaging Market – Segmentation by Region 

North America           

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific    

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa 
• Latin America 

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