Expansion of Global Pharmaceutical, Laboratory and Hygienic Glassware Industry is Forecast to Reach 2.4% P.A.

Date: 2015-08-12

“The expansion of the global pharmaceutical, laboratory and hygienic glassware industry is forecast to reach 2.4% p.a. in the coming years. Between 2008 and 2014 the market increased with an average annual growth of 4.7%. Currently, fuzed quartz pharmaceutical, laboratory and hygienic glassware account for 95.3% of the global demand while the remaining market share is divided between low expansion pharmaceutical, laboratory and hygienic glassware (2.6%) and other pharmaceutical, laboratory and hygienic glassware (2.0%).

China, France, Italy, Portugal and the United States represent the largest pharmaceutical, laboratory and hygienic glassware markets while the strongest annual growth is forecast to occur in Morocco (21.6%), Bolivia (16.1%), Bangladesh (11.2%), Cambodia (10.7%) and Rwanda (9.5%).”

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