Press release
Glass Packaging Market 2018 Key Players : Owens Illinois Americas South (Brasil e Argentina), Ardagh Group, Saint-Gobain, Gerresheimer AG, Vidrala , and Vetropack Holding AG
It also has a negligible chemical interaction rate which makes it a favorable material for the packaging of medicines and other chemicals. These factors have driven the industry in the healthcare sector on a large scale. Glass Packaging Market size will surpass USD 65 billion by 2024; according to a new research report by Global Market Insights, Inc
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Food and beverages are stored in glass containers and bottles as it is impermeable and non-porous. This makes it easy to keep intact and preserve the flavors and smell of the food and beverages. Close to 80% of the product that goes into the recycle bin is used to make new bottles. Rising health awareness and potential risks from plastic packaging have shifted consumer focus on glass packed products over plastic or metal. These aspects will propel the glass packaging market in coming years.
Growing plastic packaging demand due to cost effectiveness, easy handling & transportation, durability, and moldability, and aesthetic features will negatively affect the market in coming years. Glass packaging, due to its high cost, brittleness and transportation inconvenience is may face hindrance in growth in future years.
Global glass packaging market is bifurcated on the basis of product into soda lime, de-alkalized soda lime, and borosilicate types. Popularly known as soda lime silica glass, soda lime product is commonly used in the food & beverages industry. It is also used for containers and windows. Soda lime product type holds a substantial share in the entire glass packaging industry.
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On the basis of application, the industry is classified into pharmaceutical, food & beverages, beer, alcoholic beverages and others. The others segment includes minor applications such as personal care, cosmetic products, fragrance & perfumes, etc. Increasing beer and alcoholic beverages consumption in emerging economies coupled with the changing lifestyles and increasing income levels will propel the glass packaging market in these regions. This segment holds almost a fifth of the entire industry.
Taking regions into consideration, Asia Pacific accounts close to 40% of the overall market share. Development in pharmaceutical industry and rising amount of alcohol consumption will propel the industry in the next few years. India and China will dominate the regional glass packaging industry owing to hospitality sector development and enormous customer base.
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With top six players accounting for a 30% industry share, global glass packaging industry is highly fragmented in nature. The key top players in the market are Vetropack Holding, Vidrala, Gerresheimer, Saint-Gobain, Ardagh Group, and Owens-Illinois Inc. Other prominent players in the industry include Wiegand-Glas, Amcor, Vitro Packaging, Stolzle-Oberglas, Piramal, Nihon Yamamura, Koa, Heinz-Glas, Hindusthan National Glass & Industries, Consol, and Bormioli Rocco SpA to name a few.
Partial Chapter of the Table of Content:
Chapter 3. Glass Packaging Industry Insights
3.1. Industry segmentation
3.2. Industry size and forecast, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Vendor matrix
3.3.2. Distributor channel analysis
3.4. Industry impact forces
3.4.1. Growth drivers
3.4.1.1. Increasing beer consumption in emerging economies will boost demand for glass bottles
3.4.1.2. Rising demand for glass packaging in pharmaceutical industry
3.4.2. Industry pitfalls & challenges
3.4.2.1. Growing popularity of plastics as packaging material
3.5. Growth potential analysis
3.6. Technology trends
3.7. Regulatory trends
3.7.1. U.S.
3.7.2. Europe
3.7.3. China
3.8. Porter’s analysis
3.9. Company market share analysis, 2016
3.9.1. Strategic landscape
3.10. PESTEL analysis
3.11. Regional price trends
3.11.1. Cost structure analysis
3.11.2. Raw material trends
Chapter 4. Glass Packaging Market, By Product
4.1. Market share by product, 2016 & 2024
4.2. Borosilicate glass
4.3. De-alkalized soda lime glass
4.4. Soda lime glass
Chapter 5. Glass Packaging Market, By Application
5.1. Global glass packaging market share by application, 2016 & 2024
5.2. Alcoholic beverages (excluding beer)
5.3. Beer
5.4. Food & beverages
5.5. Pharmaceuticals
About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1 888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
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