The US pharmaceutical glass packaging market is anticipated to grow at a CAGR of 5.0% over the forecast period (2020-2026). The US is among one of the promising markets for the pharmaceutical glass packaging market growth. The country is considered among one of the most developed markets for the pharmaceutical industry, as there are numerous companies and research institutes focused on the R&D regarding drug development and the manufacturing of a variety of drugs.
The increased prevalence of several diseases such as diabetes, flu along with the outbreak of COVID-19 has burdened the manufacturers to develop advanced and novel drugs. Therefore, the rise in drug development demands better packaging solutions including glass packaging. This augments the growth of the market over the forecast period.
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Besides, the presence of numerous players also significantly drives the market in the country. The US has the presence of various pharmaceutical glass packaging companies such as Acme Vial and Glass Co, LLC, Ardagh Group S.A., Becton, Dickinson, and Co., Bormioli Pharma, Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Nipro Corp., O.Berk Company, LLC, Owens-Illinois, Inc., and West Pharmaceutical Services, Inc. These key players continuously contribute to sustaining in such a promising market by adopting several growth strategies. Thus, this bolsters the market growth over the forecast period.
Market Coverage
Key questions addressed by the report
o Recovery Timeline
o Deviation from the pre-COVID-19 forecast
o Most affected segment
US Pharmaceutical Glass Packaging Market – Segmentation
By Product Type
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