Glass Packaging Market 2020 Size, Share, Trends, Business Strategy to 2025 - Key Players Owens-Illinois, Inc., Vidrala SA, Ardagh Packaging Group PLC, AGI Glaspac, Hindustan National Glass & Industries Ltd, Vitro, Consol Glass, Nampak Ltd, Amcor Ltd

Global Glass Packaging market would thus note a steady growth over the forecast period of 2020 - 2025. The robust CAGR (Compound Annual Rate Growth) will chart an upward growth curve and create lucrative growth opportunities in the global Glass Packaging market. In, turn, this will lead to improvement in market worth.

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Global Glass Packaging Market: Notable Development
Global Glass Packaging market is set to witness growth and a number of notable developments are paving the way for the same. The competitive landscape is also duly impacted by these developments. A deep dive can be had a published report by Adroit Market Research.

The global Glass Packaging market is highly consolidated. And, key players in the global Glass Packaging market are Owens-Illinois, Inc., Vidrala SA, Ardagh Packaging Group PLC, AGI Glaspac, Hindustan National Glass & Industries Ltd, Vitro, Consol Glass, Nampak Ltd, Amcor Ltd, Toyo Glass Co. Ltd.

Global Glass Packaging Market: Key trends and driver
Rising demand for alcoholic beverages and to reduce the problem of plastic pollution, demand for glass packaging has increased. However, almost 50% market is acquired by plastic in packaging industry, because plastic is prefer to glass owing to its non-brittle and non-fragile nature. Glass is prepared by these operations, such as action, melting, sharping, annealing and finishing. Glass is available in transparent and in various colours, such as amber and green colour. Glass packaging is also available in various size and shapes of the bottle.

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Global Glass Packaging Market: Regional Analysis
Asia-Pacific region is the largest market for global glass packaging because of its growing urbanization and alcohol consumption due to increased disposable income. Europe is fastest growing market in global glass packaging industry, owing to developed economy. It is expected to show similar trend over the forecast period. Consumer prefers glass packaging over plastic packaging due to hazardous nature of plastic.

Key segments of the global glass packaging market

Application Overview:
o Alcoholic beverages (excluding beer)
o Beer
o Food & beverages
o Pharmaceuticals
o Others

Regional Overview:
o North America
o U.S.
o Mexico
o Europe
o Germany
o UK
o Asia Pacific
o China
o India
o Rest of the World

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