Press release
Glass Packaging Market To Surpass US$ 78.0 Billion By 2027 | Amcor Ltd, Ardagh Group, Gerresheimer, Hindustan National Glass & Industries Ltd,
Glass packaging is available in the form of glass bottles and jars that are used to package the beverage. They are primarily used to package the beverage in order to prevent the contamination and maintain the texture of the beverage. Glass packaging also prevents the moisture and air by acting as a strong barrier between moisture and product.The global glass packaging market was estimated to be valued more than US$ 60.0 billion in terms of revenue in 2019 and is predicted to grow at a CAGR of 3.4% during the forecast period (2020 to 2027).
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Key players are operating in the global glass packaging market are Amcor Ltd, Ardagh Group, Gerresheimer, Hindustan National Glass & Industries Ltd, Koa Glass Co. Ltd., Owens Illinois Inc, Piramal Glass Limited, Saint-Gobain, Heinz-Glas, Wiegand-Glas, Vidrala SA, Vitro Packaging, Nihon Yamamura, Bormioli Rocco Spa, China Glass Holdings Limited, Consol Glass Limited, Stolzle-Oberglas GmbH, and Vetropack Holding AG
Furthermore, the years considered for the study are as follows:
Historical year – 2013-2018
Base year – 2018
Forecast period** – 2019 to 2027 [** unless otherwise stated]
Market Opportunities
Increasing population and high consumption of FMCG products by consumers are expected to augment the market growth of glass packaging. Growing demand for glass bottles and jars due to the growing use of the premium product is expected to accelerate the market growth of the glass packaging. Increasing consumption of beverages such as juices, tea, coffee, and soups is further expected to foster the market growth of the glass packaging over the forecast period.
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Industrial Chain, Sourcing Strategy and Downstream Buyers (2019 – 2025)
• Industrial Chain Analysis of Glass Packaging market
• Upstream Raw Materials Sourcing
• Raw Materials Sources of Glass Packaging Market by Major Manufacturers
• Downstream Buyers
Glass Packaging Market Capacity, Production, Revenue, Consumption, Export and Import (2019 – 2025)
• Glass Packaging Market Capacity, Production and Growth
• Production, Consumption, Export and Import
• Revenue and Growth of Market
Glass Packaging Market Forecast (2019 – 2025)
• Glass Packaging Market by Capacity, Production, Revenue Forecast
• Production Forecast by Type and Price Forecast
• Consumption Forecast by Application
• Production, Import, Export and Consumption Forecast
• Glass Packaging Market Production, Consumption, Import and Export Forecast by Regions (Provinces)
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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