Global Glass Bottles and Vials for Vaccines and Pharmaceutical
Market Report
2024
The Global Glass Bottles and Vials for Vaccines and Pharmaceutical market size was USD 18.27 Billion in 2022 and it is forecasted to reach USD 37.6 billion by 2030. Glass Bottles and Vials for Vaccines and Pharmaceutical Industry's Compound Annual Growth Rate will be 9.6% from 2023 to 2030.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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The Global Glass Bottles and Vials for Vaccines and Pharmaceutical market size was USD 18.27 Billion in 2022 and it is forecasted to reach USD 37.6 billion by 2030. Glass Bottles and Vials for Vaccines and the Pharmaceutical Industry's Compound Annual Growth Rate will be 9.6% from 2023 to 2030.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market Sales Revenue 2022 | $ 18.27 Billion |
Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market Sales Revenue 2030 | $ 37.6 Billion |
Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 9.6% |
Market Split by Application |
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Market Split by End Use |
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Market Split by Product Type |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Report scope is customizable as we have a huge database of Glass Bottles and Vials for Vaccines and Pharmaceutical industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Glass Bottles and Vials for Vaccines and Pharmaceutical Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The Glass Bottles and Vials are small glass or plastic containers that store medication in liquids, powders, and capsules. The major types of glass packaging are vials, bottles, ampoules, syringes, cartridges and other products. The demand for glass bottles and vials has increased because of the end users using glass vials more often than conventional vials. Since they make recycling simple, they are also eco-friendly. Glass bottles and vials allow producers to lower production costs while providing consumers with items of higher quality. North America is going to dominate the market.
Development of new glass types will drive the market
The major factor driving the Glass Bottles and Vials for Vaccines and Pharmaceutical market is the adoption of the new glass types. The newly developed glass former is used in the making of these glasses to eliminate the need of boron. The newly developed glass does not possess boron, resulting in chemically durable and uniform glass chemistry. However, Permanent engraving is being used by glass container producers to reduce years of manufacturing forgery, which is expected to increase demand. Additionally, the growth of the pharmaceutical industry over the globe drives the market.
The glass packaging is being continuously replaced by plastic in the pharmaceutical industry. Plastics have different characteristics such as cost-effectiveness, flexibility, impact resistance, easy molding, and other protective properties. The bottles made up from plastics are low cost, lightweight, and easy to transport in comparison with the glass bottles. The use of plastics for pharmaceutical packaging decreases the chances of accidental breakage owing to the high impact resistance of plastic. However, the high flexibility of plastics decreases the need for tertiary packaging of the pharmaceutical product, reducing the manufacturing and transportation cost.
COVID-19 had a positive impact on the Glass Bottles and Vials for Vaccines and Pharmaceutical market. This is attributed to the growing demand for vials for COVID vaccines. Pharmaceutical companies were excused from the restrictions of lockdowns due to their activities being essential for the community. This industry was operating to manufacture healthcare products and support them.
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The pharmaceutical manufacturing affiliate of Nipro Corporation, Nipro Pharma Corporation, and AstraZeneca have a contract manufacturing agreement for the fill and finish of Vaxzevria, the COVID-19 vaccine. The vaccine will be produced locally in Japan in quantities of more than 90 million doses.
The glass mill in Monaca, Pennsylvania, owned by Anchor Hocking Glass Company was purchased by Stoelzle Glass Group. The Oneida Group's subsidiary is Anchor Hocking Glass Company. The business builds its first glass facility outside of Europe and its sixth in the United States with the new acquisition.
Germany-based speciality glass manufacturer Schott opened its first pharma glass tubing factory in Jinyun County, Zhejiang province, China, in June 2021. The facility is used to manufacture high-quality borosilicate glass tubing, a base material used to produce glass vials, ampoules and syringes that store vaccines and other injectable drugs.
Top Companies Market Share in Glass Bottles and Vials for Vaccines and Pharmaceutical Industry: (In no particular order of Rank)
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North America has the highest market share over the forecasting period. This is attributed to the presence of major players, a favourable reimbursement framework, an increase in generics in the region, which are expected to maintain high volume and sales demand. The Asia Pacific is expected to grow in the global Glass Bottles and Vials for Pharmaceutical market. Increasing chronic disease incidence, rising disposble income among individuals and Governments expanding their healthcare coverage in the countries in the region.
The current report Scope analyzes Glass Bottles and Vials for Vaccines and Pharmaceutical Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only. To learn more about geographical trends request the free sample pages. Contact US!
Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Glass Bottles and Vials for Vaccines and Pharmaceutical Industry growth. Glass Bottles and Vials for Vaccines and Pharmaceutical market has been segmented with the help of its Application, End Use Product Type, and others. Glass Bottles and Vials for Vaccines and Pharmaceutical market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
This is attributed to vaccine vials which are compact cylindrical containers that can be utilized in industries such as pharmaceutical, medical, environmental, and lab testing.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Glass Bottles and Vials for Vaccines and Pharmaceutical Industry. Request a Free Sample PDF!
This is attributed to glass bottles and vials are frequently used to store medications and samples. Additionally, they are non-reactive, have a long shelf life, and are contamination-free.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Glass Bottles and Vials for Vaccines and Pharmaceutical market report 2024 Edition by contacting our team.
Research Associate at Cognitive Market Research
Anushka Gore is a seasoned market researcher specializing in the dynamic landscape of the Pharmaceutical industry. With a keen analytical mind and a deep passion for healthcare advancements, she has dedicated herself unraveling the intricate market trends and consumer behaviors that shape the future of medical technologies and services.
Anushka is a highly motivated and detail-oriented research analyst with a passion for uncovering valuable insights from data. Her expertise in Market Research and business intelligence has equipped her with the skills necessary to analyze complex information and provide strategic recommendations. She thrives in dynamic environments where her analytical abilities and research expertise can contribute to informed decision-making for businesses
I played a pivotal role in conducting market research and competitive analysis. I have a demonstrated ability to synthesize diverse data sources, identify trends, and translate findings into actionable recommendations. My collaborative approach facilitated effective communication of insights, fostering a data-driven culture within the organization. I am committed to maintaining excellence through continuous learning and staying ahead of industry trends. Regular participation in conferences and professional development opportunities keeps my skills sharp and relevant.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market is witnessing significant growth in the near future.
In 2023, the Vaccines segment accounted for noticeable share of global Glass Bottles and Vials for Vaccines and Pharmaceutical Market and is projected to experience significant growth in the near future.
The Hospital segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Schott Ag , Zhengchuan Icp and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Disclaimer:
Application | Vaccines, General Medicines |
End Use | Hospital, Drug manufacturers, Diagnostic centers |
Product Type | Less Than 30m|, Between 30ml-80m|, More than 80 ml |
List of Competitors | Schott Ag, Thermo Fisher Scientific, Zhengchuan Icp, Cang Zhou Four-Star Glass Co Ltd, Stevanato Group Piva, Gerresheimer Ag, Sgd Pharma, Qorpak, Corning Incorporated, Sm Pack, others. |
This chapter will help you gain GLOBAL Market Analysis of Glass Bottles and Vials for Vaccines and Pharmaceutical. Further deep in this chapter, you will be able to review Global Glass Bottles and Vials for Vaccines and Pharmaceutical Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Glass Bottles and Vials for Vaccines and Pharmaceutical Market Trends North America Glass Bottles and Vials for Vaccines and Pharmaceutical Technological Road Map North America Glass Bottles and Vials for Vaccines and Pharmaceutical Market Drivers North America Glass Bottles and Vials for Vaccines and Pharmaceutical Market Restraints North America Glass Bottles and Vials for Vaccines and Pharmaceutical Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
You can purchase only the Executive Summary Asia Pacific Market (2019 vs 2024 vs 2031)
Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Application Analysis 2019 -2031, will provide market size split by Application. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Application Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by End Use Analysis 2019 -2031
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Chapter 12 Market Split by Product Type Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Glass Bottles and Vials for Vaccines and Pharmaceutical market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Vaccines have a significant impact on Glass Bottles and Vials for Vaccines and Pharmaceutical market? |
What are the key factors affecting the Vaccines and General Medicines of Glass Bottles and Vials for Vaccines and Pharmaceutical Market? |
What is the CAGR/Growth Rate of Hospital during the forecast period? |
By type, which segment accounted for largest share of the global Glass Bottles and Vials for Vaccines and Pharmaceutical Market? |
Which region is expected to dominate the global Glass Bottles and Vials for Vaccines and Pharmaceutical Market within the forecast period? |
Segmentation Level Customization |
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Region level Data Customization |
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Additional Data Analysis |
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Additional Quantitative Data |
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