Press release
Glass Packaging Market 2019 by Global Trends and Key Companies 2025 - Consol Glass, Ardagh Packaging Group PLC, Piramal Glass, Toyo Glass Co., AGI Glaspac, Vidrala SA, Amcor, Carib Glassworks, VITRO, Gerresheimer AG, and others
Glass Packaging
“Glass Packaging Market 2019” report gives distinctive insights worldwide market competition for Glass Packaging. Focusing on objectives of this report is to categorize dynamics of the market and to supply latest updates like mergers and acquisitions, numerous technological developments, new entrants within the market, that create an impression on totally different segments of the Glass Packaging market.
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About the Glass Packaging Market:
The global glass packaging market revenue is estimated to reach USD 135.52 billion by 2025 due to increasing demand for the product from numerous end-use industries, majorly from the beverage industry. Rising consumer spending coupled with unique properties of glass is supporting its growth in the global packaging industry.
Top Key Players of Glass Packaging market
Consol Glass, Ardagh Packaging Group PLC, Piramal Glass, Toyo Glass Co., AGI Glaspac, Vidrala SA, Amcor, Carib Glassworks, VITRO, Gerresheimer AG
Scope of the Report (Overlook 2019-2025):
The growing consumption of alcohol and beer is expected to drive the growth of the global glass packaging market over the next few years. The global beer production stood at 1.3 billion hectoliters in 1998 and increased to 1.95 billion hectoliters in 2017. Increasing beer consumption, especially among the youth of emerging economies, is expected to drive market growth. The growing demand for premium and craft beer is expected to drive the global market, consequently, augmenting the growth of the global glass packaging market.
Glass does leech any chemicals into the packed product. Additionally, the superior barrier properties of the material allow the item inside to remain unaltered, thus, making glass the preferable choice for packaging. Glass being impermeable, non-porous and non-reactive, is the most preferred packaging material for various non-alcoholic and alcoholic beverages. Moreover, manufacturers are shifting their focus back to glass in light of numerous regulations banning the use of plastics as packaging materials.
Pharmaceutical is another application within the global glass packaging industry anticipated to witness significant gains over the forecast period, at a volume CAGR of 3.9% over the forecast period. The hydrolytic stability of glass makes it a viable option for storing pharmaceuticals as they do not react with the solution. The growth of the pharmaceutical industry is expected to provide an impetus to the growth of the global glass packaging market over the forecast period.
Strong capital investments by companies in their plants and working with other industry stakeholders to improve the quality of recycled glass; and to produce innovative packaging solutions to attract more customers are some of the macro factors that are augmenting the growth of the global glass packaging market.
Key segments of the Global Glass Packaging market
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Alcoholic beverages (excluding beer)
• Beer
• Food & beverages
• Pharmaceuticals
• Others
Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
• North America
• Europe
• Asia Pacific
• Rest of the World
Table of Contents
1. Executive Summary
2. Research Methodology
3. Market Outlook
4. Global Glass Packaging Market Overview, By Application
5. Industry Structure
6. Company Profiles
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About Adroit Market Research:
Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.
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