US Pharmaceutical Glass Packaging Market Growth Factors

Published: Oct 2020

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.

Browse the full report description of "US Pharmaceutical Glass Packaging Market Size, Share & Trends Analysis Report by Product Type (Bottles, Vials, Cartridges & Syringes, and Others), and Forecast, 2020-2026" at https://www.omrglobal.com/industry-reports/us-pharmaceutical-glass-packaging-market

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

  • Market number available for – 2019-2026
  • Base year- 2019
  • Forecast period- 2020-2026
  • Segment Covered- By Product Type
  • Competitive Landscape- Becton, Dickinson, and Co., Corning Inc., DWK Life Sciences GmbH, Gerresheimer AG, Nipro Corp., Schott AG, and SGD S.A 

Key questions addressed by the report

  • What is the market growth rate?
  • Which segment dominates the market in the base year?
  • Which segment will project the fastest growth in the market?
  • How COVID-19 impacted the market?

o Recovery Timeline

o Deviation from the pre-COVID-19 forecast

o Most affected segment

  • Who is the leader in the market?
  • How players are addressing challenges to sustain growth?
  • Where is the investment opportunity?

US Pharmaceutical Glass Packaging Market – Segmentation

By Product Type

  • Bottles
  • Vials
  • Cartridges & Syringes
  • Others 

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