Pharmaceutical Glass Packaging Market share-Industry Opportunities, Growth, Competitive Landscape, Recent Developments, and Forecast by 2030
Pharmaceutical Glass Packaging Market Overview The global Pharmaceutical Glass Packaging Market is estimated to grow at a CAGR of 8.5% during the period 2022–2028. The market is estimated to reach a value of USD 8.5 billion within the forecast period. Glass packaging is evolving as one of the most sought-after alternatives of plastic packaging in recent times. Glass is dust-resistant and easy to clean. Glass is chemically inert and that is why considered as safe for packaging both consumable and non-consumable stuff. Glass can be recycled and reused and that is one of the reasons why it is considered as the best packaging option for pharmaceutical components across the world. The global Pharmaceutical Glass Packaging Market Growth was hampered due to the COVID-19 pandemic. Strict lockdown led to low production, logistics problem, and disruption of transportation. All these affected the market negatively but at the same time, the demands for pharmaceutical components were very high