Press release
Glass Packaging Market 2017-2022 | Competitive Landscape By Owens-Illinois, Ardagh, Verallia, Vidrala, Gerresheimer, Vetropack Holding, Stölzle Glass, Piramal Glass, Wiegand-Glas, Allied Glass Containers, Nihon Yamamura Glass
Glass Packaging
Market Snapshot
Despite the arrival of a range of packaging solutions, glass-packaging industry continues to witness an upward trend. By the year 2022, the global market for glass packaging is expected to surpass USD 66,000 Mn. Demand for glass packaging remains concentrated in industries such as food & beverage, pharmaceuticals and cosmetics. The vital characteristics of glass packaging such as zero chemical leaching, malleability and the non-reactive nature continue to drive its adoption. Moreover, the advantages of recyclability and reuse of glass packaging suits well to the notion of using packaging materials that are not only efficient but also eco-friendly. Glass packaging keeps products safe and preserves their freshness for longer period. Glass is one of the most preferred materials for packaging alcoholic beverages, non-alcoholic beverages, liquid-based pharmaceutical products and a variety of other perishable and non-perishable products. Increased efforts towards promoting the adoption of environmentally sustainable products have also helped revive glass packaging.
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Report Overview
The MRFR market outlook includes a five-year forecast (2017-2022) of the global glass packaging market. Key market dynamics have been thoroughly discussed in the research document. Examination of macro and micro-economic factors that are likely to influence the growth trends of the market has been conducted on a granular level. The scope of the discussion also covers different glass packaging products such as standard glass quality, premium glass quality, and super premium glass quality. Revenue analysis has been conducted on the basis of key application areas (beverage packaging, food packaging, personal care packaging, pharmaceuticals packaging) of glass packaging. The market for glass packaging has been assessed across five major regions- Europe, Asia Pacific (APAC) North America, the Middles East and Africa (MEA) and Latin America, with the respective country-level market sizing.
Report Coverage
Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and Porter's five forces analysis of the market.
Players Covered
Owens-Illinois Inc., Ardagh Group S.A, Verallia, Vidrala S.A., BA Vidro, Gerresheimer AG, Vetropack Holding Company, Stölzle Glass Group, Piramal Glass, Wiegand-Glas GmbH, Zignago Vetro S.P.A., Verescence, Luigi Bormioli Corporation, Vetrobalsamo Spa, Allied Glass Containers Ltd, Nihon Yamamura Glass Co., Ltd., Vitro, Heinz Glas GmbH & Co. KGAA.
Regional Analysis
Asia Pacific currently leads the global market for glass packaging and is expected to present lucrative opportunities to market players throughout the forecast period. Growing industrialization in the region in addition to the rising consumption of beverages drives the market in Asia Pacific. Increase in disposable income has resulted in an upsurge in demand for packaged food, which also supports the market growth. Moreover, increase in disposable income encourages consumers to indulge in glass packaged items which are comparatively expensive and changing the preference of consumers towards environment-friendly and recyclable products augment the growth of the market in Asia Pacific region. China, India, and Japan are the key contributors to the Asia Pacific market which is being led by China. China being the most prominent global market for food and beverage products, experiences increased demand for glass packaging and is foreseen to retain its position over the forecast period. Government support for foreign investments and industrialization makes Asia Pacific a lucrative destination for expansion of global glass packaging market.
Europe is the second largest market for glass packaging and the growth of the regional market is led by the U.K. As per the Global Information System on Alcohol and Health (GISAH), Europe ranks the highest in terms of alcohol consumption in the world which results in increased demand for alcoholic beverages and, in turn, drives the market for glass packaging. Additionally, the European region is engaged in the production of personal care and beauty products due to high living standards prevailing in the region which further stimulates the demand for the packaging industry. Several high end cosmetics and personal care brands originate in the region and in order to have an aesthetically pleasing appearance and functional storage of product, glass packaging is preferred.
Other Description
• Market Denomination- USD Million
• Base Year- 2016
• Forecast Period- From 2017 to 2022
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For the scope of the research, MRFR’s report offers a comprehensive segmental analysis of the global market for glass packaging
By Product
• Standard glass quality
• Premium glass quality
• Super premium glass quality
By Application
• Beverage packaging
• Food packaging
• Personal care packaging
• Pharmaceuticals packaging
• Others
By Region
• Americas
• Europe
• Asia-Pacific
• Middle East and Africa
• Latin America
Intended Audience
• End-Users
• Government
• Research
• Education
• Distribution vendors
Research Methodology
Market Research Future (MRFR) employs proven analytical algorithms to extrapolate market divergences. Every element related to the market such as demand trends, supply chain, consumer behavior, etc. is analyzed before deducing an insightful conclusion. Our emphasis is on delivering accurate trend analysis, which can assist our clients stay ahead of the curve. The statistical observations made are backed by inputs sourced from primary and secondary research, which include interviews with top-level executives, SEC filings, fact sheets published by industry leaders, and white paper references among others. Top-down and bottom-up approaches are employed for authenticating the reliability of the market projection provided. A multi-layer verification process reaffirms the credibility of data available in our reports. The aim is to empower our clients with actionable intelligence supported by explanatory representations for early identification of opportunities and threats.
Major TOC :
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope Of The Study
2.3 Market Structure
2.4 List Of Assumptions
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Introduction
4.2 Drivers
4.2.1 Increased Consumption Of Beverages
4.2.2 Growth In The Pharmaceutical Industry
4.2.3 Several Environmental Benefits
4.2.4 Drivers Impact Analysis
4.3 Restraints
4.3.1 Availability Of Other Alternatives
4.3.2 Restraints Impact Analysis
4.4 Opportunity 30
4.4.1 Scope In Developing Nations
Continues.....
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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