Market revenue in 2021 | USD 429.8 million |
Market revenue in 2030 | USD 1,118.4 million |
Growth rate | 11.2% (CAGR from 2021 to 2030) |
Largest segment | Bottles |
Fastest growing segment | Vials |
Historical data covered | 2018 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 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 |
Key Regions: U.S. , UK , Japan , Brazil , Saudi Arabia
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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 36.99% in 2021. Horizon Databook has segmented the Middle East & Africa pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
Growing pharmaceutical industry in Turkey, Egypt, and Saudi Arabia is likely to drive the demand for pharmaceutical glass packaging in the region. The rising interest of international pharmaceutical players to setup their offices in order to capture the attractive markets in the Middle East & North Africa is further expected to have a positive impact on the market growth.
According to the Economist Intelligence Unit (EIU), the Middle East & North Africa represented a combined GDP of USD 2.50 trillion in 2016 dominated by Saudi Arabia and Turkey. The growing population is expected to generate high demand for medical services in the region, which, in turn, is likely to drive the demand for pharmaceutical glass packaging over the coming years.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa pharmaceutical glass packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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