Pharmaceutical Glass Packaging Market Size, Share & Trends Report

Pharmaceutical Glass Packaging Market Size, Share & Trends Analysis Report by Product (Vials, Bottles, Cartridges & Syringes, Ampoules), By Drug Type (Generic, Branded, Biologic), And Segment Forecasts, 2019 - 2025

  • Published Date: Jun, 2019
  • Base Year for Estimate: 2018
  • Report ID: GVR-2-68038-175-7
  • Format: Electronic (PDF)
  • Historical Data: 2014 - 2017
  • Number of Pages: 150

Industry Insights

The global pharmaceutical glass packaging market size was estimated at USD 14.27 billion in 2018 and is anticipated to expand at a CAGR of 6.4% over the forecast period. High demand from pharmaceutical industry coupled with extensive utilization in generic injectable drugs is anticipated to drive the growth.

Glass prevents atmospheric gases such as oxygen and carbon dioxide from entering the primary container, thereby preventing the contamination of the drugs. It also prevents the drug from potential degradation, such as oxidation and hydrolysis. In addition, glass packaging increases the drug stability by resisting escape of volatile ingredients. All these factors are anticipating to surge the product demand in near future.

U.S. pharmaceutical glass packaging Market

The new and improved products are made using glass chemistry and ion-exchange process which has resulted in lowering the coefficient of friction of the surface and to produce inherently strong and damage resistant glass. This factor is anticipated to drive the demand for pharmaceutical glass packaging products during the forecast period.

The demand of glass vials is anticipated to remain high over the forecast period owing to the high inertness of these products to majority of chemicals. Moreover, the vials prevent atmospheric gases such as oxygen as well as carbon dioxide from entering the container. The vials also prevent from potential degradation, such as oxidation and hydrolysis. The vials prevent volatile ingredients in the product to escape into the atmosphere and thereby keep the drug/product stable.

Glass and plastic are both recyclable in nature. However, the former has its own set of limitations, as it can only be only be recycled back into glass. Plastic loses its integrity, as a result, it can be recycled to manufacture numerous products such as plastic lumber, carpet filling, and foam packaging among others, thus restricting the market growth.

Manufacturers and suppliers are focusing on shifting their base to China, India, and Brazil as a result of increasing opportunities offered by pharmaceutical industry in these countries, especially in generics sector. This expected to drive the demand for pharmaceutical glass packaging in these countries over the forecast period.

The pharmaceutical glass packaging market is highly fragmented because of the large number of regional as well as global players. However, the top ten industry players combined accounted for the majority of the share in 2018. A large number of suppliers are mainly concentrated in the developed regions, such as North America and Europe, owing to the presence of a well-established pharmaceutical industry in these regions.

Product Insights

On the basis of product, the pharmaceutical glass packaging market has been segmented into vials, cartridges and syringes, ampoules, and bottles. Ampoules is anticipated to witness the fastest growth, while bottles is expected to hold the largest market share. Vials accounted for a volume share of 32.6% in 2018 and is estimated to witness the second fastest growth over the forecast period owing to its better suitability and analytical performance.

The large size glass bottles are used for packaging of infusion and transfusion bottles as well as reagents. The small sized glass bottles can be used for packaging oral liquid including syrup bottles. They are also used for packaging oral liquid for drops. Small sized glass bottles are used for storing oral tablets, which is anticipated to create growth opportunities during the forecast period.

Growing significance of biotech drugs and cost sensitivity in the healthcare sector have resulted in establishment of stringent regulations related to the drug delivery products. Most of the glass pharmaceutical packaging manufacturers are investing in products aimed at increasing the shelf life of the drug which is expected to surge demand in the forthcoming years.

Drug Type Insights

The global market for generic drugs has witnessed a surge in the past couple of years on account of the rise in expiration of drug patents, aging population, and increase in incidence of chronic diseases. The growth of generics is anticipated to bolster the demand for glass packaging owing to its superior barrier properties and regulatory ease.

Global pharmaceutical glass packaging Market

Generic drug sector in North America is estimated to gain a greater market share in comparison to other segments, in terms of both prescription volume and revenue, owing to the patent expirations and cost effective drugs. The patients being treated for chronic diseases increasingly prefer generics over branded drugs. The reduction in the volume sales of branded drugs is estimated to result in the sluggish growth of primary glass packaging for these products over the forecast period.

The U.S. market is expected to remain a core region for various business activities pertaining to pharma glass packaging. This is due to the significant increase in the volume of generics in the country which is estimated to face a rapid change in the market dynamics primarily due to the increased competitive intensity and customer consolidation. These instances combined are leading to put a pressure on pricing that is anticipated to constrain sales of branded products by patent expiries and low-cost generics.

Regional Insights

Innovative specialty products will be the key driver for the market growth in the developed markets like U.S. Continuous rise in branded product sales is likely to be partly constrained by patent expiries and low-cost generics owing to their high volume sales in the forecast period.

The market in emerging economies is driven by rising income levels, healthcare awareness, government policies directed at achieving universal healthcare, and prevalence of chronic diseases. The government efforts to reduce the healthcare cost and promotion of low-cost generic drugs is expected to fuel the utilization of glass packaging in the forthcoming years.

Research-based pharmaceutical industry is a key asset of the European economy. The market is on the rise owing to the growth in medical progress by means of R&D and introduction of new medicines aimed at improving the health and quality of life of the patients.

Pharmaceutical Glass Packaging Market Share Insights

Key market players include Corning Incorporated, Gerresheimer AG, Nipro Corporation, Schott AG, SGD Pharma, Shandong Pharmaceutical Glass Co., Ltd., Stevanato Group S.p.A., Bormioli Rocco Pharma, Ardagh Group, Piramal Glass, Şişecam Group, Stölzle-Oberglas Gmbh, Beatson Clark, and Arab Pharmaceutical Glass Co.

Manufacturers are constantly striving to offer a wide range of technologies covering as much of the value chain as possible. For instance, in November 2017, Şişecam Group installed Xpar Vision Hot End technology at its plants in Yenisehir, Eskisehir and Mersin, Turkey. This system provides automated closed loop control of the bottle weights with high accuracy while providing ease of operation.

The companies such as Schott AG, Nipro Corporation, and Şişecam Group have increased their production capabilities to cater to the rise in product demand from drug manufacturers. For instance, In September 2017, Gerresheimer AG increased its investment in the manufacturing capability of its Delamination Controlled (DC) range of pharmaceutical vials to cater to the rising demand for biotech drug formulations.

Report Scope

Attribute

Details

Base year for estimation

2018

Actual estimates/Historical data

2014 - 2017

Forecast period

2019 - 2025

Market representation

Volume in Million Units, Revenue in USD Million, & CAGR from 2019 to 2025

Regional scope

North America, Europe, Asia Pacific, Central & South America, Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors and trends

Country Scope

U.S., Germany, U.K., France, Italy, Spain, China, India, Japan, South Korea and Brazil

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Segments Covered in the Report

This report forecasts revenue growth at a global, regional, and country level and provides an analysis of the latest industry trends in each of the sub-segments from 2014 to 2025. For the purpose of this study, Grand View Research has segmented the global pharmaceutical glass packaging market report based on product, drug type, and region:

  • Product Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

    • Vials

      • Small (<30 ml)

      • Large (>30 ml)

    • Bottles

      • Small (<30 ml)

      • Large (>30 ml)

    • Cartridges & Syringes

    • Ampoules

  • Drug Type Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

    • Generic

    • Branded

    • Biologic

  • Regional Outlook (Volume, Million Units; Revenue, USD Million, 2014 - 2025)

    • North America

      • U.S.

    • Europe

      • Germany

      • France

      • Italy

      • U.K.

      • Spain

    • Asia Pacific

      • China

      • India

      • Japan

      • South Korea

    • Central & South America

      • Brazil

    • Middle East & Africa

Key questions answered by the report
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