Global Pharmaceutical Glass Bottle Market Outlook 2018-2023

The global pharmaceutical glass bottle market is expected to display higher growth rate over the next seven years. Rapid surge in this market is credited to the soaring sales volume of low-cost generic drugs and highly efficient supply chain network of raw materials. Increasing focus towards glass packaging solutions due to their superior properties over conventional packaging solutions is expected to drive the market growth. Globally, pharmaceutical glass bottle market is predicted to generate massive revenue over next seven years, providing numerous opportunities for industry participants to invest in research and development of pharmaceutical glass bottle.

Use of pharmaceutical glass bottle provide better protection during drug formulation and drug testing due to their ability to resist air & moisture and chemicals. Pharmaceutical glass bottle also prevent drug contamination or denaturing from outside impurities. In addition, glass does not participate in chemical reaction, thus enhancing the stability of drug. Glass products avoid interaction between drug molecules and environmental particles, thereby limiting degradation. 

Rising demand for generic drugs and easier access to healthcare services, particularly from developing economies across the globe, is anticipated to foster the growth of pharmaceutical glass bottle market over the forecast period. Increasing product penetration in newer market is presenting new opportunities for pharmaceutical packaging companies over the coming years. 

Rising research & development activities and development of novel drugs such as cancer drugs and bio-therapeutics are projected to stimulate market demand over the forecast period. Packaging of biological drugs has taken center stage to safeguard effective healthcare services, leading to requirement of constant development in the field of pharmaceutical packaging. 

The pharmaceutical glass bottle market is broadly categorized into three major segments based on the drug type such as generic drugs, branded drugs, and biologic drugs. Generic drugs segment is growing rapidly in the pharmaceutical glass bottle market with substantial revenue generation in the last few years. Growing popularity of pharmaceutical glass bottle in generic drugs segment is attributed to the increasing product penetration and availability of low cost solutions. 

This market is divided by region as North America, Europe, Asia-Pacific, Latin America and Africa. North America has shown major growth in recent years owing to the rise in the implementation of latest technologies in pharmaceutical sector, surge in number of research & development activities in the region and existence of well-established healthcare infrastructure. In European region, Germany, France, and United Kingdom are projected to witness steady growth. 

Asia-Pacific region is estimated to hold major share in the pharmaceutical glass bottle market with massive growth in forecast period. Countries such as India, China and Singapore are leading the Asia-Pacific market with strong economic growth, rising healthcare spending by local governments, increasing manufacturing activities, and significant investment by leading industry players considering potential growth opportunities in the region.

The key players in this market are Gerresheimer AG, Corning Inc., Nipro Corp., SGD Pharma S.A., Stevanato Group S.p.A., West Pharmaceutical Services, Inc., Piramal Glass Ltd., Şişecam Group Co., Stölzle-Oberglas GmbH, and Schott AG.

Global Market for pharmaceutical glass bottle to 2023 offers detailed coverage of pharmaceutical glass bottle industry and presents main market trends. The market research gives historical and forecast market size, demand and production forecasts, end-use demand details, price trends, and company shares of the leading pharmaceutical glass bottle producers to provide exhaustive coverage of the pharmaceutical glass bottle.

Report contents include
- Analysis of the pharmaceutical glass bottle market including revenues, future growth, market outlook
- Historical data and forecast
- Regional analysis including growth estimates
- Analyzes the end user markets including growth estimates.
- Profiles on pharmaceutical glass bottle including products, sales/revenues, and market position
- Market structure, market drivers and restraints.

Key regions
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America

Key Vendors
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