Saudi Arabia Pharmaceutical Glass Packaging Market Size & Outlook
The pharmaceutical glass packaging market in Saudi Arabia is expected to reach a projected revenue of US$ 606.2 million by 2030. A compound annual growth rate of 14% is expected of Saudi Arabia pharmaceutical glass packaging market from 2024 to 2030.
Saudi Arabia pharmaceutical glass packaging market highlights
The Saudi Arabia pharmaceutical glass packaging market generated a revenue of USD 256.7 million in 2023 and is expected to reach USD 606.2 million by 2030.
The Saudi Arabia market is expected to grow at a CAGR of 14% from 2024 to 2030.
In terms of segment, bottles was the largest revenue generating product in 2023.
Vials 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 256.7 million
Market revenue in 2030
USD 606.2 million
Growth rate
14% (CAGR from 2024 to 2030)
Largest segment
Bottles
Fastest growing segment
Vials
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, Saudi Arabia accounted for 1.3% 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 Middle East & Africa, Saudi Arabia pharmaceutical glass packaging market is projected to lead the regional market in terms of revenue in 2030.
Saudi Arabia is the fastest growing regional market in Middle East & Africa and is projected to reach USD 606.2 million by 2030.
The Saudi Arabian pharmaceutical market is growing at a steady pace and is expected to reach USD 10.74 billion by 2023, according to press release from an event sponsored by Ministry of Health and Prevention (MoHaP) in Saudi Arabia.
The Ministry of Health and Prevention (MoHaP), in an event, laid out the kingdom’s planning of rapid reforms in the field of healthcare at both service provision and regulatory levels, which is in line with the National Transformation Program and Saudi Arabia’s Vision 2030.
Saudi Arabia 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 37.87% in 2023.
Horizon Databook has segmented the Saudi Arabia pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
The Saudi Arabian pharmaceutical market is growing at a steady pace and is expected to reach USD 10.74 billion by 2023, according to press release from an event sponsored by Ministry of Health and Prevention (MoHaP) in Saudi Arabia.
The Ministry of Health and Prevention (MoHaP), in an event, laid out the kingdom’s planning of rapid reforms in the field of healthcare at both service provision and regulatory levels, which is in line with the National Transformation Program and Saudi Arabia’s Vision 2030.
Saudi Arabia Pharmaceutical Glass Packaging Market Product Outlook (Revenue, USD Million , 2021-2033)
Vials
Ampoules
Bottles
Cartridges & syringes
Saudi Arabia Pharmaceutical Glass Packaging Market Drug Type Outlook (Revenue, USD Million , 2021-2033)
Biologic
Generic
Branded
Reasons to subscribe to Pharmaceutical Glass Packaging Market Outlook databook
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Pharmaceutical Glass Packaging Market Outlook databook
Our clientele includes a mix of Pharmaceutical Glass Packaging Market Outlook companies, investment firms, advisory firms & academic institutions.
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia Pharmaceutical Glass Packaging Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia Pharmaceutical Glass Packaging Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Saudi Arabia Pharmaceutical Glass Packaging Market, 2021-2033 (US$M)