Press release
Glass Packaging Market Size, Share, Industry Analysis, Future Growth, Trends, Region, Size, Share, Demand, Driving Factors, Opportunity Assessment Forecast to 2027
Glass Packaging Market
REQUEST A SAMPLE PDF BROCHURE-
https://www.fortunebusinessinsights.com/enquiry/sample/glass-packaging-market-102812
The rising demand for glass and glass material is consequential to the lesser environmental effects it has. The exceptional properties of this material including rigidity and durability will contribute to the growing demand. The high investment in the research and development of efficient glass material, coupled with the presence of several large scale manufacturers across the world will aid the growth of the overall market in the coming years. The adverse effects of plastic and the strict regulations imposed by governments of several countries towards the use of plastic will lead to a huge adoption of glass as alternative solution to plastics. The product is most widely used in the food and beverage industry for beverage supply and distribution. The increasing consumption of bottled and packaged beverages will aid the growth of the overall market in the foreseeable future.
Increasing Efforts to Maximize Glass Packaging Use Will Aid Growth
The report encompasses several factors that have contributed to the growth of the market in recent years. Among all factors, the growing efforts put in to maximize the use of glass by major companies as well as governing bodies across the world will have a huge impact on the growth of the market. This will also influence the companies operating in the market towards making large investments in the development of efficient products. In March 2020, BG Container Glass announced that it has allocated USD 92.2 million for the acquisition of 3 companies engaged in manufacturing of glass packaging. The company claims that it will look to decrease its dependency on external sources and in-house capabilities. These three firms are associated with labels, lids, and boxes for glass packaging. Through the acquisition of these three companies, BG Container will look to establish a stronghold in the market.
BROWSE SUMMARY-
https://www.fortunebusinessinsights.com/glass-packaging-market-102812
List of Companies profiled in the market:
• Ardagh Group S.A. (Ireland)
• Anchor Glass Container Corporation (BA Glass B.V.) (U.S.)
• Verallia (U.S.)
• Owens-Illinois Inc. (U.S.)
• TOYO GLASS CO.,LTD. (Japan)
• Heinz Glas GmbH (Germany)
• Vetropack Group (Switzerland)
• AGI Glasspack Ltd. (India)
• Yantai NBC Glass Packaging Co., Ltd. (China)
• Yantai Changyu Glass Co., Ltd. (China)
Asia Pacific Accounts for Dominant Share; Huge Consumption of Bottled Beverages will Aid Growth
The report analyzes the ongoing market trends across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Among these regions, the market in Asia Pacific is projected to emerge as the dominant region in the coming years. The increasing consumption of bottled beverages in several countries across this region will aid the growth of the regional market. The rising consumption of alcoholic beverages and the use of glass packaging material in the beverages industry in India will contribute to market growth. Furthermore, strict government regulations regarding the use of plastic and plastic bans in several countries will emerge in favor of the growth of the market in this region. As of 2019, the market in Asia Pacific was worth 22.20 billion and this value is projected to increase further in the coming years. The market in North America will also witness considerable growth driven by the presence of several large scale companies in this region.
Industry Developments:
March 2020: BG Container Glass (BGC announced that it has allocated USD 92.22 million for the acquisition of three major companies in the glass packaging chain to decrease its dependence on external sources and increase in-house capabilities.
INQUIRE BEFORE BUYING THIS REPORT:
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/glass-packaging-market-102812
Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US:+1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
About Us:
Fortune Business Insights™ delivers accurate data and innovative corporate analysis, helping organizations of all sizes make appropriate decisions. We tailor novel solutions for our clients, assisting them to address various challenges distinct to their businesses. Our aim is to empower them with holistic market intelligence, providing a granular overview of the market they are operating in.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Glass Packaging Market Size, Share, Industry Analysis, Future Growth, Trends, Region, Size, Share, Demand, Driving Factors, Opportunity Assessment Forecast to 2027 here
News-ID: 2443459 • Views: …
More Releases from Fortune Business Insights™
World Environment Day 2023: How Saving Water Can Help Us Save The Environment
Wastewater comes from homes, businesses, industrial sites and farms, as well as any stormwater or groundwater that enters the sewer system.
Specialised treatment plants process this wastewater. A combination of technologies is used to achieve the treatment objectives, based on the character of raw wastewater and use of the treated wastewater. These processes include primary, secondary and tertiary treatment. Our research, published today, found wastewater treatment removes a lot of particles,…
Cosmetics Market Research Analysis by Top Key Players, Types, New Trends and For …
The global cosmetics industry was valued at USD 277.67 billion in 2020 and is projected to grow from USD 287.94 billion in 2021 to USD 415.29 billion in 2028, exhibiting a CAGR of 5% during the 2021-2028 period.
In recent times, demand for makeup and skincare products has surged dramatically. Both men and women use it to enhance their overall appearance. The industry offers a wide variety of products, such as hair care, face care,…
Aquafeed Market Trends, Growth, Share, Size and Forecast Research Report 2028
The global aquafeed market size is anticipated to reach USD 85.17 billion by 2028 and exhibit a CAGR of 5.59% during the forecast period. The increasing popularity of aquafeed and the rising investments in the research and developments activities are projected to foster growth for the market. The market's growth is also ascribable to the increasing seafood trade due to the soaring seafood consumption and consumer expenditure on fish and…
Cricket Equipment Market Demand, Recent Trends, Size and Share Estimation by 202 …
The global cricket equipment market size was valued at USD 564.43 million in 2021 and USD 594.46 million in 2022. The market is expected to reach USD 897.02 million by 2029 with a CAGR of 6.05% during the forecast period. Growing demand for cricket bats and equipment from various institutions schools, colleges, cricket clubs, and fitness centers is anticipated to drive market growth. Increasing demand for customized sports products and cricket accessories…
More Releases for Glas
Beer Bottle Market Is Booming Worldwide | Ardagh, Beatson Clark, Orora, Wiegand- …
Advance Market Analytics published a new research publication on "Beer Bottle Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Beer Bottle market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Beer Bottle Market May Set New Growth Story | Beatson Clark, Orora, Wiegand-Glas …
Advance Market Analytics published a new research publication on "Global Beer Bottle Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Beer Bottle market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy…
Beer Bottle Market Demand, Recent Trends and Developments Analysis 2026| O-I, Ar …
Complete study of the global Beer Bottle market is carried out by the analysts in this report, taking into consideration key factors like drivers, challenges, recent trends, opportunities, advancements, and competitive landscape. This report offers a clear understanding of the present as well as future scenario of the global Beer Bottle industry. Research techniques like PESTLE and Porter’s Five Forces analysis have been deployed by the researchers. They have also…
The Incredible Growth of Beer Bottle Market by Top Key Vendors like Ardagh Group …
Global Beer Bottle market reports provide in-depth, detailed analysis to thoroughly analyze the details you need. This report provides an extensive overview of market-based factors that are expected to have a substantial and decisive impact on the market's growth prospects over the forecast period.
Demand for the global Beer Bottle market is growing significantly as it delivers a better-quality experience, which in turn is driving a huge market. The rapid increase…
Global Beer Bottle Market of Promising Growth Opportunities & Forecast 2019-2025 …
Beer bottle is a bottle designed as a container for beer. Such designs vary greatly in size and shape, but the glass commonly is brown or green to reduce spoilage from light, especially ultraviolet. The Beer Bottle report shows precise figures and the graphical portrayal of the Beer Bottle showcase are in an outlined strategy. The Beer Bottle market report shows the quickly developing conditions, the top tier exhibiting aspects…
Interior Glas market 2018-19 JEB,AXIS ,Lindner-group ,Lizzanno Partitions
Interior Glas market Competitor Analysis:
Global Interior Glas market 2019 by Future Market Reports presents a professional and complete analysis of on the current Industry situation. The Global report includes Interior Glas Revenue, market Share, industry volume, Trends, Growth aspects. It analyses the important factors of the based on present industry situations, demands, business strategies utilized by Interior Glas market players and the future prospects from various angles in detail. Industry…
