The growing usage of glass bottles and vials by various end-users like that of hospitals, drug manufacturers, and others has led to a rise in demand for them. There has been a significant rise in the popularity of glass bottles and vials as they are non- reactive in nature, and the drugs stored in them have a long shelf life and contamination-free storage. There has been a shift in end-users from conventional to glass vials, which has boosted the demand for glass bottles and vials in the market. Also, they are easily recyclable and thus considered an eco-friendly material. Glass bottles and vials also enable in lowering the manufacturing cost and providing more qualified products to consumers.
MARKET DYNAMICS
The glass bottles and vials for vaccines and pharmaceutical market is on a high rise as an increase in demand for pharmaceutical packaging is creating opportunities for the marketers. Many leading market manufacturers are investing in strengthening the market position. Recently, SCHOTT AG, a vial manufacturer, invested the US $333 million in pharmaceutical packaging for the expansion of its core business of glass tubing. Market players globally are trying to expand their global presence and product offerings in this market. Also, we are trying to broaden the applications of glass bottles and vials for vaccines and pharmaceuticals.
MARKET SCOPE
The "Glass Bottles and Vials for Vaccines and Pharmaceutical Market Analysis to 2028" is a specialized and in-depth study of pharmaceuticals in the healthcare industry with a particular focus on the global market trend analysis. This report aims to lay out an overview of the glass bottles and vials for vaccines and pharmaceutical market with thorough market segmentation by product type, application, and end-user. The glass bottles and vials for vaccines and pharmaceutical market is expected to witness a high rise during the forecast period. The report dispenses vital statistics on the market status of the leading players in the glass bottles and vials for vaccines and pharmaceutical market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The glass bottles and vials for vaccines and pharmaceutical market is segmented on the basis of product type, application, and end-user. Based on product type, the market is segmented as less than 30ml, between 30ml-80ml, and more than 80ml. Based on the application, the market is categorized as vaccines and general medicine. Based on end-user, the market is segmented as hospitals, drug manufacturers, diagnostic centers, and others.
REGIONAL FRAMEWORK
The report provides a complete outline of the industry, including both qualitative and quantitative information. It gives a sketch and forecast of the glass bottles and vials for vaccines and pharmaceutical market based on various segments. It also consists of market size and forecast estimates from the year 2020 to2028 with respect to five major regions, that is; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America. The glass bottles and vials for vaccines and pharmaceutical market by each region is later sub-segmented into respective countries and segments. The report consists of the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the glass bottles and vials for vaccines and pharmaceutical market from both demand and supply side. Further, it assesses market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides comprehensive PEST analysis for all five regions, that is; North America, Europe, APAC, MEA, and South & Central America, after assessing political, economic, social, and technological factors affecting the glass bottles and vials for vaccines and pharmaceutical market in these regions.
MARKET PLAYERS
The report covers key developments in the glass bottles and vials for vaccines and pharmaceutical market as organic and inorganic growth strategies. Various firms are focusing on organic growth strategies like product launches, product approvals, and others, such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions and partnerships & collaborations. These activities have cleared the way for the expansion of business and customer base of market players. The market players from the glass bottles and vials for vaccines and pharmaceutical market are anticipated to have profitable growth opportunities in the future with the rising demand for biomaterials in the global market. Mentioned below is the list of few companies engaged in the glass bottles and vials for vaccines and pharmaceutical market.
The report also contains the profiles of key players in the glass bottles and vials for vaccines and pharmaceutical market, along with their SWOT analysis and market strategies. Additionally, the report focuses on leading industry players with details like profiles of the company, components, services provided, financial information of the last three years, critical development in the past five years.
- SCHOTT AG
- Thermo Fisher Scientific
- Chongqing Zhengchuan
- Cangzhou Four Stars
- Stevanato Group
- Gerresheimer
- SGD Pharma
- Qorpak
- Corning
- SM PACK
The Insight Partner's dedicated research and analysis team comprises of experienced professionals with advanced statistical expertise and offers various customization options in the present study.