Authored By: Sarah
11 Jul 2024

 Pharmaceutical Glass Tubing Market Size to grow by USD 6428.8 million between 2024-2028

According to a research report “ Pharmaceutical Glass Tubing Market” by Application (Vials, Ampoules, Cartridges, Syringes) Geography (Asia, Europe, North America, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 6428.8 million, at a CAGR of  10.03% during the forecast period. The global pharmaceutical glass tubing market is characterized by intense competition among vendors, who employ strategies such as mergers and acquisitions (M&A), capacity expansion, and the development of customized solutions to enhance their market position. To expand their reach, international players are investing in emerging markets in Asia Pacific, particularly India and China. Notably, Corning Inc. recently announced its expansion plans in these regions. The market's competitiveness necessitates that established vendors increase their market presence through strategic partnerships and alliances to meet the evolving demands of pharmaceutical companies, who prioritize glass tubing's superiority and properties when making their vendor selections.

Browse market data tables, figures, and in-depth TOC on “Pharmaceutical Glass Tubing Market” by Application (Vials, Ampoules, Cartridges, Syringes) Geography (Asia, Europe, North America, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample

 

By Application, the Vials segment is projected to dominate the market size in 2024

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By Geography, Asia  segment is expected to hold the largest market size for the year 2024

The Pharmaceutical Glass Tubing Market represents a significant business opportunity for manufacturers, driven by the increasing demand for glass components in the pharmaceutical industry. This sector's growth is underpinned by factors such as the rising preference for glass packaging due to its superior properties, including chemical inertness and transparency. Additionally, the market is witnessing advancements in glass tubing technology, enabling the production of thinner and more flexible tubing, thereby expanding its application scope. Overall, these trends indicate a robust future for the Pharmaceutical Glass Tubing Market.

Asia is forecasted to hold the largest market size by region in 2024

The Pharmaceutical Glass Tubing Market represents a significant business opportunity for manufacturers, driven by the increasing demand for glass tubing in the pharmaceutical industry. This sector's growth is underpinned by factors such as the rising prevalence of chronic diseases, the growing preference for glass packaging due to its safety and transparency benefits, and regulatory compliance requirements. Market participants must stay abreast of these trends and invest in innovation to meet evolving customer needs and maintain a competitive edge.

The Pharmaceutical Glass Tubing Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • AccuGlass LLC
  • Aimer Products Ltd.
  • Beatson Clark
  • Bormioli Pharma Spa
  • Cangzhou Four-star Glass Co. Ltd.
  • Corning Inc.
  • DWK Life Sciences GmbH
  • Jinan Snail International Co. Ltd.
  • Jinan Youlyy Industrial Co. Ltd.
  • Linuo Group Holdings Co. Ltd.
  • Nippon Electric Glass Co. Ltd.
  • Nipro Corp.
  • Puyang Xinhe Industrial Development Co. Ltd.
  • Richland Glass
  • SCHOTT AG
  • SGD Pharma
  • Shandong Medicinal Glass Co. Ltd
  • Stoelzle Oberglas GmbH
  • TURKIYE SISE VE CAM FABRIKALARI A.S.
  • West Pharmaceutical Services Inc.
.

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Research Analysis Overview

The Pharmaceutical Glass Tubing Market plays a crucial role in the supply chain of pharmaceutical drugs, particularly in the production and packaging of medicines for both communicable and non-communicable diseases. However, this market is subject to various external influences that can impact its production and distribution. Supply chain disruptions, such as raw material shortages or transportation delays, can affect the shelf life of pharmaceutical drugs. Biological contamination and physical damage are significant concerns in the production of glass tubing, which can lead to the rejection of batches and increased costs. The pharmaceutical and biotechnology industries rely on various materials, including gases, solvents, liquids, and chemicals, to manufacture medicines. Glass tubing is used extensively in industrial settings and laboratories for the conveyance of these materials. E-commerce platforms have disrupted traditional pharmaceutical distribution channels, leading to increased demand for smaller bottle capacities and printed designs. Recycling is also a critical consideration in the pharmaceutical glass tubing market, as medical waste disposal is a significant environmental concern. The production capacities of pharmaceutical glass tubing manufacturers must keep pace with the growing demand for medicines to address the rising prevalence of non-communicable diseases. Despite these challenges, the market for pharmaceutical glass tubing is expected to grow, driven by the increasing demand for high-quality, safe, and effective packaging solutions for pharmaceutical drugs.

Market Research Overview

The Pharmaceutical Glass Tubing Market encompasses a wide range of glass products used in the production of various pharmaceutical and biotech products. These include autoimmune disease treatments in the form of multi-dose injectables and self-administered injectables, as well as cardiovascular disease medications. The market is significantly influenced by patent expiration, leading to the rise of generic versions of branded biologics. Glass tubing's protective qualities, such as rigidity, transparency, and chemical inertness, make it an ideal choice for pharmaceutical applications. However, glass's susceptibility to particulate formation through hydrolysis and oxidation, caused by atmospheric gases like oxygen and carbon dioxide, necessitates strict control during manufacturing and storage. Ophthalmic products, syrups, capsules, tablets, and liquid and solid pharmaceutical preparations all benefit from glass's properties. Glass tubing is used to manufacture cartridges, vials, and ampoules, which must withstand accidental breakage and offer impact resistance. Cost effectiveness, easy molding, and flexibility are key advantages of glass substitution with plastic materials in pharmaceutical parental containers. However, glass's recyclability and chemical inertness remain significant selling points. Public healthcare systems, health awareness, and counterfeiting concerns further drive demand for glass in the pharmaceutical industry. Glass types like soda lime glass, amber borosilicate glass, and borosilicate glass are popular choices among manufacturers like Schott and Corning. The global syringes market, including plastic materials, is a significant consumer of pharmaceutical glass tubing. With the increasing demand for vaccines, particularly in the context of the COVID-19 pandemic, and the rise of self-injectable syringes for chronic diseases, the market is expected to grow. The pharmaceutical packaging industry employs various primary packaging solutions to ensure hygiene, automation, and drug container interaction. The packing process includes inspection for quality, cushioning methods like polymer films and cartons, and breakage prevention through air and sea services and e-commerce platforms. Pharmaceutical and biotechnology industries require a variety of raw materials, including gases, solvents, liquids, and chemicals, which are transported through glass tubing in industrial settings and laboratories. Glassware, including laboratory glass tubing, is essential for various laboratory applications. In conclusion, the pharmaceutical glass tubing market is a critical component of the pharmaceutical and biotech industries, providing essential protective qualities, transparency, and chemical inertness to a wide range of pharmaceutical products. Despite challenges like glass delamination, the market is expected to grow due to the increasing demand for vaccines, self-administered injectables, and biotech products.

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Jesse Maida
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UK: +44 203 893 3200
Email: media@technavio.com
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