India Pharmaceutical Glass Packaging Market Size & Outlook
India pharmaceutical glass packaging market, 2018-2030 (US$M)
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India pharmaceutical glass packaging market highlights
- The India pharmaceutical glass packaging market generated a revenue of USD 2,448.6 million in 2021 and is expected to reach USD 7,183.5 million by 2030.
- The India market is expected to grow at a CAGR of 12.7% 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 2,448.6 million |
| Market revenue in 2030 | USD 7,183.5 million |
| Growth rate | 12.7% (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, India 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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India 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 35.55% in 2021. Horizon Databook has segmented the India pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
Indian pharmaceutical sector accounts for about 2.4% of the global pharmaceutical industry, in terms of value, and 10.0% in terms of volume. The growth is estimated to be driven by the expanding economy, increasing per capita GDP, low cost of production, and R&D boosts.
Furthermore, the Indian government unveiled “Pharma Vision 2020” aimed at making India, a global leader in end-to-end drug development. In addition, the economy is likely to witness increase in the availability of OTC drugs on account of increasing penetration of chemists, particularly in the rural areas.
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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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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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Horizon Databook provides a detailed overview of country-level data and insights on the India pharmaceutical glass packaging market , including forecasts for subscribers. This country databook contains high-level insights into India pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India pharmaceutical glass packaging market size, by product, 2018-2030 (US$M)
India Pharmaceutical Glass Packaging Market Outlook Share, 2021 & 2030 (US$M)
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