Spain Pharmaceutical Glass Packaging Market Size & Outlook
Spain pharmaceutical glass packaging market, 2018-2030 (US$M)
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Spain pharmaceutical glass packaging market highlights
- The Spain pharmaceutical glass packaging market generated a revenue of USD 190.8 million in 2021 and is expected to reach USD 303.9 million by 2030.
- The Spain market is expected to grow at a CAGR of 5.3% from 2022 to 2030.
- In terms of segment, bottles was the largest revenue generating product in 2021.
- Vials 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 190.8 million |
| Market revenue in 2030 | USD 303.9 million |
| Growth rate | 5.3% (CAGR from 2021 to 2030) |
| Largest segment | Bottles |
| Fastest growing segment | Vials |
| 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, Spain accounted for 1.1% 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 Europe, Germany pharmaceutical glass packaging market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 1,130.2 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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Spain 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 37.79% in 2021. Horizon Databook has segmented the Spain pharmaceutical glass packaging market based on vials, bottles, cartridges & syringes, ampoules covering the revenue growth of each sub-segment from 2018 to 2030.
Pharmaceutical market in Spain was valued at approximately USD 23.7 billion in 2016. The growth of this market is being driven by the consolidated biotechnology sector, government support, an infrastructure that encourages innovation, availability of highly qualified workforce, and favorable costbenefit ratio of human capital.
The aging population is also likely to play a key role in driving the healthcare sector in Spain. In 2016, Spain pharmaceutical industry invested around USD 1.2 billion in R&D following the introduction of tax incentives, creating a strong R&D base in the country.
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Target buyers of Spain 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 Spain pharmaceutical glass packaging market , including forecasts for subscribers. This country databook contains high-level insights into Spain pharmaceutical glass packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Spain pharmaceutical glass packaging market size, by product, 2018-2030 (US$M)
Spain Pharmaceutical Glass Packaging Market Outlook Share, 2021 & 2030 (US$M)
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