Pharmaceutical Glass Packaging Market size is set to grow by USD 7.73 billion from 2024-2028
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June 17, 2024, 7:20 a.m.
The global pharmaceutical glass packaging market size is estimated to grow by USD 7.73 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 7.44% during the forecast period. Increase in R and D spending in pharmaceutical industry is driving market growth, with a trend towards rising demand for high-quality pharmaceutical packaging. However, risk of counterfeiting in pharmaceutical glass packaging poses a challenge. Key market players include Acme Vial and Glass Co. LLC, Arab Pharmaceutical Glass Co., Ardagh Group SA, Beatson Clark, Becton Dickinson and Co., Bormioli Pharma Spa, Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Hindustan National Glass and Industries Ltd., Nipro Corp., O I Glass Inc., PGP Glass Pvt. Ltd., SCHOTT AG, SGD Pharma, Shandong Pharmaceutical Glass Co. Ltd., Stevanato Group S.p.A, Stoelzle Oberglas GmbH, TURKIYE SISE VE CAM FABRIKALARI A.S., and West Pharmaceutical Services Inc..