Page 58 - Glass Machinery Plants & Accessories no. 4-2021

COUNTRY STUDY
Country study
Pharmaceuticals

drive JAPAN‘s rising

demand for

container glass

Rajeev Jetley
A With JAPAN numbered among the
gainst the backdrop of a
largest pharmaceutical markets in Asian
country enjoying its longest
sustained period of growth
in over a decade, the pharma indus- countries, Glass Machinery Plants &
try in Japan is the world’s third larg-
est - driven by an aging population Accessories presents an overview here
and broad access to healthcare.
However, with over 100 domestic of the country’s container glass market,
pharma companies, its pharmaceu-
which accounts for a large share of its
tical market is very fragmented.
THE DEMOGRAPHY OF DEMAND
According to the Annual pharmaceutical packaging industry.
Pharmaceutical Production Statis-
tics of the Ministry of Health,

56 GMP&A 4/2022