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Europe Spirit Glass Packaging Market: Industry Overview, Trends and Growth Opportunities Forecasted Till 2027

02-23-2021 01:27 PM CET | Science & Education

Press release from: Business Market Insights

Europe Spirit Glass Packaging Market

Europe Spirit Glass Packaging Market

The Europe Spirit Glass Packaging market is growing along with the Chemicals and Materials industry, but the market is likely to slow down its growth due to the shortage of skilled professionals, suggests the Business Market Insights report.

The Europe spirit glass packaging market accounted to US$ 2,394.1 Mn in 2018 and is expected to grow at a CAGR of 9.7% during the forecast period 2019 - 2027, to account to US$ 5,481.4 Mn by 2027.

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Spirit packaging plays a vital role in the growth in the consumption of liquor. Thus, manufacturers of this packaging are focusing more on packages that enhance consumer experience and taking into account the change in consumer habits. Premium and super-premium brands demand significant brand protection in terms of packaging. Product safety is the foremost factor associated with the development of efficient packaging material. The packaging materials and design should communicate, connect with consumers, and deliver the required information. Thus, the manufacturers of packaging are constantly working towards reducing the weight of the bottles in order to make it easy to handle, transport, and improve the consumer experience without impacting consumer-brand experience.

These factors are expected to offer broad growth opportunities in the Chemicals and Materials industry and this is expected to cause the demand for Europe Spirit Glass Packaging in the market.

Business Market Insights reports focus upon client objectives, use standard research methodologies and exclusive analytical models, combined with robust business acumen, which provides precise and insightful results.

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Europe Spirit Glass Packaging Market – MARKET SEGMENTATION

By Range of Glass

Standard
Premium
Super Premium
By Colored of Glass

Bare Glass
Colored Glass
By Country

European Countries
GERMANY
France
UK
Austria
Switzerland
Belgium
Netherlands
Luxembourg
Scandinavia
Denmark
Sweden
Norway
Finland
Ireland
Rest of Europe
Company Profiles

Allied Glass Containers Ltd
Ardagh Group
Bruni Glass S.P.A
Gerresheimer AG
Glassworks International Ltd.
Owens-Illinois, Inc.
Pont Packaging
Stölzle Glass Group
Vetropack Holding Ltd
Vidrala
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