Europe Spirit Glass Packaging Market: Industry Overview, Trends and Growth Opportunities Forecasted Till 2027
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.
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Europe Spirit Glass Packaging Market – MARKET SEGMENTATION
By Range of Glass
By Colored of Glass
Rest of Europe
Allied Glass Containers Ltd
Bruni Glass S.P.A
Glassworks International Ltd.
Stölzle Glass Group
Vetropack Holding Ltd
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