China Pharmaceutical Glass Packaging Market Size & Outlook
China pharmaceutical glass packaging market, 2018-2030 (US$M)
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China pharmaceutical glass packaging market highlights
- The China pharmaceutical glass packaging market generated a revenue of USD 2,448.1 million in 2021 and is expected to reach USD 5,502.6 million by 2030.
- The China market is expected to grow at a CAGR of 9.4% from 2022 to 2030.
- In terms of segment, bottles was the largest revenue generating product in 2021.
- Ampoules is the most lucrative product segment registering the fastest growth during the forecast period.
Pharmaceutical glass packaging market data book summary
| Market revenue in 2021 | USD 2,448.1 million |
| Market revenue in 2030 | USD 5,502.6 million |
| Growth rate | 9.4% (CAGR from 2021 to 2030) |
| Largest segment | Bottles |
| Fastest growing segment | Ampoules |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 2022 - 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, China accounted for 14.4% of the global pharmaceutical glass packaging market in 2021.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, India pharmaceutical glass packaging market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 7,183.5 million by 2030.
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Pharmaceutical Glass Packaging Market Scope
Pharmaceutical Glass Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 will help companies and investors design strategic landscapes.
Bottles was the largest segment with a revenue share of 35.3% in 2021. Horizon Databook has segmented the China pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
China dominated Asia Pacific pharmaceutical glass packaging market in 2018. Pharmaceutical glass packaging is evolving rapidly as a value addition and shelf-life enhancer for various drugs in the country.
Pharmaceutical glass packaging industry in China is expected to observe growth over the forecast period owing to increasing government initiatives, growing contract manufacturing activities, and growing aging population.
Recent pandemic has further created higher demand for immune booster medicines in the region which should further propel demand for pharmaceutical glass packaging market in the country.
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Target buyers of China pharmaceutical glass packaging market databook
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Our clientele includes a mix of pharmaceutical glass packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 China pharmaceutical glass packaging market , including forecasts for subscribers. This country databook contains high-level insights into China pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China pharmaceutical glass packaging market size, by product, 2018-2030 (US$M)
China Pharmaceutical Glass Packaging Market Outlook Share, 2021 & 2030 (US$M)
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