Japan Pharmaceutical Glass Packaging Market Size & Outlook
The pharmaceutical glass packaging market in Japan is expected to reach a projected revenue of US$ 500.4 million by 2030. A compound annual growth rate of 8.5% is expected of Japan pharmaceutical glass packaging market from 2024 to 2030.
Japan pharmaceutical glass packaging market highlights
The Japan pharmaceutical glass packaging market generated a revenue of USD 284.0 million in 2023 and is expected to reach USD 500.4 million by 2030.
The Japan market is expected to grow at a CAGR of 8.5% from 2024 to 2030.
In terms of segment, bottles was the largest revenue generating product in 2023.
Ampoules is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmaceutical glass packaging market data book summary
Market revenue in 2023
USD 284.0 million
Market revenue in 2030
USD 500.4 million
Growth rate
8.5% (CAGR from 2024 to 2030)
Largest segment
Bottles
Fastest growing segment
Ampoules
Historical data
2018 - 2022
Base year
2023
Forecast period
2024 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Vials, Bottles, Cartridges & syringes, Ampoules
Key market players worldwide
Amcor PLC, Becton Dickinson & Co, AptarGroup Inc, Drug Plastics and Glass Company, Gerresheimer AG ADR, Schott Pharma AG & CO KGaA, O-I Glass Inc, West Pharmaceutical Services Inc, Berry Global Group Inc, WestRock Co, SGD Pharma, International Paper Co, Comar, CCL Industries Inc Registered Shs -B- Non Vtg, Vetter Pharma-Fertigung
Other key industry trends
In terms of revenue, Japan accounted for 1.4% of the global pharmaceutical glass packaging market in 2023.
Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
In Asia Pacific, India pharmaceutical glass packaging market is projected to lead the regional market in terms of revenue in 2030.
India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,183.5 million by 2030.
Japan is one of the most important markets for pharmaceuticals globally. The growing old age population is triggering the government healthcare expenditure in the country. As of 2018, the number of elderly people aged 65 or older accounted for 28% of the 126.5 million total population, up 3.7% from five years ago.
Japan continues to be one of the largest pharmaceutical markets in the world despite a challenging business landscape. Japanese pharma industry is increasingly opening up to foreign markets and international companies operating in the country.
Japan Pharmaceutical Glass Packaging Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Pharmaceutical Glass Packaging Market Outlook will help companies and investors design strategic landscapes.
Bottles was the largest segment with a revenue share of 39.33% in 2023.
Horizon Databook has segmented the Japan pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
Japan is one of the most important markets for pharmaceuticals globally. The growing old age population is triggering the government healthcare expenditure in the country. As of 2018, the number of elderly people aged 65 or older accounted for 28% of the 126.5 million total population, up 3.7% from five years ago.
Japan continues to be one of the largest pharmaceutical markets in the world despite a challenging business landscape. Japanese pharma industry is increasingly opening up to foreign markets and international companies operating in the country.
Japan Pharmaceutical Glass Packaging Market Product Outlook (Revenue, USD Million , 2021-2033)
Vials
Ampoules
Bottles
Cartridges & syringes
Japan Pharmaceutical Glass Packaging Market Drug Type Outlook (Revenue, USD Million , 2021-2033)
Biologic
Generic
Branded
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan Pharmaceutical Glass Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Japan Pharmaceutical Glass Packaging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Japan Pharmaceutical Glass Packaging Market, 2021-2033 (US$M)