New York, According to a new market research report published by Global Insight Services “Pharmaceutical Glass Packaging Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
Pharmaceutical glass packaging is a type of packaging that is used to store and protect pharmaceutical products. The glass is often treated with special coatings to protect the contents from light and oxygen. Pharmaceutical glass packaging is typically made from borosilicate glass, which is a type of glass that is resistant to thermal shock and chemical attack.
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Key Trends
One of the key trends in pharmaceutical glass packaging technology is the use of light-weight glass. This type of glass is up to 30% lighter than traditional glass, making it easier to transport and handle. In addition, light-weight glass is less likely to break during shipping and handling.
Another key trend is the use of specialty coatings on glass bottles and containers. These coatings can provide UV protection, oxygen barrier properties, and enhanced shelf life. Specialty coatings can also improve the aesthetics of glass packaging.
Finally, another key trend is the use of sustainable and recyclable materials in glass packaging. This includes the use of recycled glass, plant-based plastics, and biodegradable coatings. These sustainable materials help to reduce the environmental impact of glass packaging.
Key Drivers
Pharmaceutical glass packaging is a packaging material made of glass that is used for the storage and packaging of pharmaceutical products. Glass is an inert material and does not interact with the product, making it an ideal material for the packaging of pharmaceuticals. Glass is also transparent, which allows for easy inspection of the product.
The key drivers of the pharmaceutical glass packaging market are the growing demand for pharmaceutical products and the need for packaging that can preserve the quality of the product. The pharmaceutical industry is growing at a rapid pace, and the demand for pharmaceutical products is expected to continue to grow in the future. The need for packaging that can preserve the quality of the product and protect it from damage is also expected to grow.
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Market Segments
By Product
- Vials
- Bottles
- Ampoules
- Others
By Drug Type
- Generic
- Branded
- Biologic
Key Market Players
The pharmaceutical glass packaging market report includes players such as Corning Incorporated, Nipro Corporation, SGD S.A., Stölzle-Oberglas GmbH, Bormioli Pharma S.r.l, Schott AG, Gerresheimer AG, Beatson Clark, Ardagh Group S.A., and Owens-Illinois, Inc.
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Reasons to buy Pharmaceutical Glass Packaging Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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