Mexico Pharmaceutical Glass Packaging Market Size & Outlook
Mexico pharmaceutical glass packaging market, 2018-2030 (US$M)
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Mexico pharmaceutical glass packaging market highlights
- The Mexico pharmaceutical glass packaging market generated a revenue of USD 324.0 million in 2021 and is expected to reach USD 718.7 million by 2030.
- The Mexico market is expected to grow at a CAGR of 9.3% 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 324.0 million |
| Market revenue in 2030 | USD 718.7 million |
| Growth rate | 9.3% (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, Mexico accounted for 1.9% 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 North America, U.S. pharmaceutical glass packaging market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 718.7 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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Mexico 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 33.15% in 2021. Horizon Databook has segmented the Mexico pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
The Mexican pharmaceutical industry is highly specialized and has great economic significance in the country. The pharmaceutical industry in Mexico has its traces in multiple industries such as packaging or chemical industry, wherein it has a direct economic impact on 161 out of 259 branches of economic activity.
The size of pharmaceutical industry is slightly larger than the size of manufacturing companies on average. Apart from this, the rise in population and subsequent demand for pharmaceutical products is expected to accelerate the growth of the industry.
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Target buyers of Mexico 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 Mexico pharmaceutical glass packaging market , including forecasts for subscribers. This country databook contains high-level insights into Mexico pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico pharmaceutical glass packaging market size, by product, 2018-2030 (US$M)
Mexico Pharmaceutical Glass Packaging Market Outlook Share, 2021 & 2030 (US$M)
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