Report ID: SQMIG15G2097
Report ID:
SQMIG15G2097 |
Region:
Global |
Published Date: December, 2024
Pages:
207
|
Tables:
91 |
Figures:
71
Asia-Pacific dominates the global pharmaceutical glass packaging market due to its rapidly expanding healthcare sector, large population base, and growing pharmaceutical production. The enhanced requirement for generic and biologic medicines in the region, coupled with the increased healthcare awareness calls for high-grade packaging solutions. In addition, the region is favored due to cheap production costs and supportive government policies for the pharmaceutical sector. As India and China are becoming major centers for the manufacture of pharmaceuticals, the need for the packaging of such medical products in glass vials, bottles, and ampoules is expected to increase, thereby reinforcing the Asia-Pacific regions dominance in the global pharmaceutical glass packaging market outlook.
North America is the fastest-growing region in the global pharmaceutical glass packaging market due to the increasing demand for high-quality, sterile packaging solutions for pharmaceuticals and biologics. The availability of a mature healthcare system in the region along with effective policies creates a demand for safe and dependable packages, especially for biological drugs, vaccines, and injectable solutions. The increasing rate of chronic conditions, the increase of the geriatric population and the rising use of biologics are also driving the demand for high-end packaging technologies. Moreover, the increasing attention on green and sustainable packing materials is also stimulating further expansion within the region and therefore makes North America one of the growing regions within the pharmaceutical glass packaging market.
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Report ID: SQMIG15G2097