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Pharmaceutical Glass Packaging Market Is Expected to Grow at a High CAGR 4.0% over the Forecast Period 2019 and 2025: QYResearch

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Los Angeles, CA -- (SBWIRE) -- 02/01/2019 -- This report studies the global market size of Pharmaceutical Glass Packaging in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Pharmaceutical Glass Packaging in these regions.

This research report categorizes the global Pharmaceutical Glass Packaging market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

In 2017, the global Pharmaceutical Glass Packaging market size was 3510 million US$ and is forecast to 4810 million US in 2025, growing at a CAGR of 4.0% from 2018. The objectives of this study are to define, segment, and project the size of the Pharmaceutical Glass Packaging market based on company, product type, application and key regions.

Pharmaceutical Glass Packaging has a broad range of containers, including injectable, transfusion, diagnostic and syrup bottles, and offers a choice of glass type (I, II, III) and color (clear or amber) .

First, as for the pharmaceutical glass packaging industry, the industry structure is relatively concentrated. The top 9 manufacturers occupied 53% of production market share in 2016. The top five manufacturers are Gerresheimer, Schott, Nipro, Shandong PG, and SGD which are close to 39% market share in 2016. The Gerresheimer, which has 9% market share in 2016, is the leader in the pharmaceutical glass packaging industry. The manufacturers following Gerresheimer are Schott and Nipro, which respectively has 8% and 9% market share in 2016.

Second, the global consumption of pharmaceutical glass packaging products rises up from 86 B units in 2012 to 108 B units in 2016, with an average annual growth rate of 5%. At the same time, the revenue of world pharmaceutical glass packaging sales market has a leap from 2920 million dollar to 3380 million dollar.

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Third, Europe is the largest production and consumption region for pharmaceutical glass packaging. Witch production about 38% and consumption about 23% in 2016, North America production about 21% and consumption about 30% in 2016.

Forth, the downstream industries of pharmaceutical glass packaging products are pharmaceutical industry. In the recent years, with the recovery of global economic, the development of emerging countries, the enlarging expense of China Pharmaceutical, the consumption increase of pharmaceutical glass packaging will be bright.

Finally, we believe pharmaceutical glass packaging industry have few connection with the upstream raw materials. With the development pharmaceutical industry we tend to believe the future of pharmaceutical glass packaging will be optimism.

The various contributors involved in the value chain of Pharmaceutical Glass Packaging include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in the Pharmaceutical Glass Packaging include

Gerresheimer

Nipro

Schott

SGD

Shandong PG

Opmi

Rocco Bormioli

Ardagh

West-P

Market Size Split by Type

Cartridges

Glass Vials

Ampoules

Market Size Split by Application

Injectable

Transfusion

Other

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