Market Share of Saudi Arabia Pharmaceutical Glass Packaging Industry
The Saudi Arabian pharmaceutical glass packaging market is highly consolidated, with the presence of limited firms contributing significant shares in the market. The players in the market are investing in product innovations through collaborations with global firms in order to maintain their prominence in the market. A few of the key market players include Becton, Dickinson and Company, Pharmaceutical Solutions Industry Ltd, DWK Life Sciences GmbH, GlaxoSmithKline PLC, Corning Incorporated, and Middle East Glass Manufacturing Company SAE.
In September 2022, a prefillable syringe (PFS) with new and tighter standards for processability, cosmetics, contamination, and integrity was released by Becton, Dickinson and Company (BD). This PFS established a new level of performance for vaccination PFS. The innovative BD Effivax Glass Prefillable Syringe has been developed in partnership with top pharmaceutical firms to address the complicated and changing requirements of vaccine manufacture. The introduction of BD Effivax Glass Prefillable Syringe strategically supports this expansion and will generate necessary savings in end-to-end manufacturing.
In January 2022, West Pharmaceutical Services Inc., a prominent company for injectable medication delivery, announced the exclusive supply and technology deal with Corning Incorporated. The new collaboration includes a multimillion-dollar investment to expand Corning's Valor Glass technology to advance patient safety and increase access to life-saving treatments. The deal wpuld allow the pharmaceutical industry to develop advanced injectable drug packaging and delivery systems.
Saudi Arabia Pharmaceutical Glass Packaging Market Leaders
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Becton, Dickinson and Company
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DWK Life Sciences GmbH
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GlaxoSmithKline plc
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Corning Incorporated
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Pharmaceutical Solutions Industry Ltd
*Disclaimer: Major Players sorted in no particular order
