China Pharmaceutical Glass Packaging Market is forecasted to grow at 7.8% with increasing consumption of pharmaceutical glass packaging in the pharmaceutical company.
The pharmaceutical glass packaging market has shown an exceptional penetration in countries such as China, UAE, and India. Growing usage of pharmaceutical glass packaging is increasing the penetration in developed countries. In developing countries, the increasing health care and pharmaceutical industry due to COVID-19 is creating opportunities for the China pharmaceutical glass packaging market.
Pharmaceutical Glass Packaging Market Scenario
According to Data Bridge Market Research, the market for pharmaceutical glass packaging in China has the highest market share, followed by MEA and India. Market leaders WEST PHARMACEUTICAL SERVICES, INC., Corning Incorporated, and Gerresheimer AG, account for an estimated market share of approximately 32% to 38%. The company has gained outstanding sales through its wide range of pharmaceutical glass packaging. It has a wide range of applications in the health care, pharmaceutical company, and Bio-Pharmaceutical sector.
- In May 2020, Corning Incorporated agreed with Pfizer Inc. to supply the Valor Glass Packaging. This development helped the company to increase revenue
Trends Impacting the Market
Now the question is which other region’s leader WEST PHARMACEUTICAL SERVICES, INC., Corning Incorporated, and Gerresheimer AG, are targeting? Data Bridge Market Research has forecasted a large growth in China pharmaceutical glass packaging market and the market leaders targeting MEA and India to be their next revenue pockets for 2021.
The pharmaceutical glass packaging market is becoming more competitive every year with companies such as WEST PHARMACEUTICAL SERVICES, INC., Corning Incorporated, and Gerresheimer AG as they are the market leaders for pharmaceutical glass packaging. The data bridge market research new reports highlight the major growth factors and opportunities in the pharmaceutical glass packaging market.
For more analysis on the pharmaceutical glass packaging market, request a briefing with our analysts https://www.databridgemarketresearch.com/ar/speak-to-analyst/?dbmr=china-pharmaceutical-glass-packaging-market
Pharmaceutical Glass Packaging Market Development
- In November 2019, Gerresheimer AG had opened a new Glass Innovation and Technology Centre in the U.S. that develops various other industries. The business expansion helped in increasing the customer base, which generates revenue for the business
Scope of the Pharmaceutical Glass Packaging Market
China pharmaceutical glass packaging market is segmented based on countries into China, India, Russia, UAE, Saudi Arabia, South Africa, Turkey, Kuwait, Israel, Iran, Iraq, Egypt, Nigeria, Kenya, Ghana, Tanzania, Zimbabwe, and the Rest of the Middle East and Africa.
All country-based analysis of the pharmaceutical glass packaging market is segmented by material (type I, type II, type III), product (bottles, ampoules, cartridges and syringes, vials, and others), drug type (generic, branded, biologic), application (oral, injectable, nasal, others), end-user (pharmaceutical companies, biopharmaceutical companies, contract development, and manufacturing companies, compound pharmacy, and others).
To know more about the study https://www.databridgemarketresearch.com/ar/reports/china-pharmaceutical-glass-packaging-market
Key Pointers Covered in Pharmaceutical Glass Packaging Market Industry Trends and Forecast to 2028
- Market Size
- Market Standards and Changes
- Market Trials in Different Regions
- Market Requirements in Different Regions
- Market Shares in Different Regions
- Recent Developments for Market Competitors
- Recent Market Value for Different regions
- Sales Data for Market Competitors
- Key Vendors and Disruptors Study
- Supply Chain Competitiveness
- Value Chain Analysis
Key Market Competitors Covered in the Report
- WEST PHARMACEUTICAL SERVICES, INC.
- Corning Incorporated
- Gerresheimer AG
- NIPRO
- FRIGOGLASS
- SGD Pharma (a subsidiary of Saint-Gobain)
- Middle East Glass - MEG
- Hindustan National Glass & Industries Limited
- SCHOTT AG
- Bormioli Pharma S.p.a.
- Shandong Province Medicinal Glass Co., Ltd.
- Taian Youlyy Industrial Co., Ltd.
- RAK Ghani Glass LLC
- APG
Above are the key players covered in the report. To know more about an exhaustive list of pharmaceutical glass packaging companies, contact us https://www.databridgemarketresearch.com/ar/toc/?dbmr=china-pharmaceutical-glass-packaging-market
Research Methodology: China Pharmaceutical Glass Packaging Market
Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or can drop down your inquiry.
The key research methodology used by the DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market timeline analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis, and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Primary Respondents
- Demand Side: Health care Industry, Pharmaceutical Companies, and Biopharmaceutical Companies
- Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers, among others.
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