North America Pharmaceutical Glass Packaging Market Size & Outlook
The pharmaceutical glass packaging market in North America is expected to reach a projected revenue of US$ 11,820.6 million by 2030. A compound annual growth rate of 8.1% is expected of North America pharmaceutical glass packaging market from 2024 to 2030.
North America pharmaceutical glass packaging market highlights
The North America pharmaceutical glass packaging market generated a revenue of USD 6,917.5 million in 2023.
The market is expected to grow at a CAGR of 8.1% from 2024 to 2030.
In terms of segment, vials was the largest revenue generating product in 2023.
Ampoules is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
Market revenue in 2023
USD 6,917.5 million
Market revenue in 2030
USD 11,820.6 million
Growth rate
8.1% (CAGR from 2024 to 2030)
Largest segment
Vials
Fastest growing segment
Ampoules
Historical data covered
2018 - 2022
Base year for estimation
2023
Forecast period covered
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, North America region accounted for 35.0% of the global pharmaceutical glass packaging market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
MEA is the fastest growing regional market and is projected to reach USD 1,118.4 million by 2030.
North America is anticipated to be an important market for the glass pharma packaging companies owing to the presence of global pharma giants and the region’s demographic potential. The U.S. market particularly is expected to remain a core region for various business activities pertaining to pharma glass packaging.
The generic drugs market is subject to very strong price pressure in the North American market and recorded a volume growth of 1.0% at the global level in 2017.
North America 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.
Vials was the largest segment with a revenue share of 34.26% in 2023.
Horizon Databook has segmented the North America pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
North America is anticipated to be an important market for the glass pharma packaging companies owing to the presence of global pharma giants and the region’s demographic potential. The U.S. market particularly is expected to remain a core region for various business activities pertaining to pharma glass packaging.
The generic drugs market is subject to very strong price pressure in the North American market and recorded a volume growth of 1.0% at the global level in 2017.
North America Pharmaceutical Glass Packaging Market Product Outlook (Revenue, USD Million , 2021-2033)
Vials
Ampoules
Bottles
Cartridges & syringes
North America Pharmaceutical Glass Packaging Market Drug Type Outlook (Revenue, USD Million , 2021-2033)
Biologic
Generic
Branded
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North America Pharmaceutical Glass Packaging Market, 2021-2033 (US$M)