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Glass Packaging Market 2021| Including Growth Factors, Applications, Regional Analysis, Key Players and Forecasts till 2028

12-07-2021 06:12 PM CET | Industry, Real Estate & Construction

Press release from: The Insight Partners

Glass is among the most preferred packaging materials and a safe choice for packaging food products. Glass containers are commonly made with a combination of various oxides or oxygen-based compounds. The combining of raw materials such as sand, soda ash, limestone, and cullet, creates glass containers that are highly durable, strong, impermeable, easily shaped, and inexpensive. The impermeable nature of glass packaging makes it a safe alternative for protective packaging. It acts as an excellent barrier against the external environment, and the glass containers do not affect the taste, odor, or composition of the products they contain.

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The glass packaging market has witnessed significant growth owing to factors such as Rising demand for alcoholic beverages coupled with the rapid increase in the beer industry in Eastern Europe and Asia Pacific region. Moreover, ongoing product innovation and technological advancements to make glass bottles lighter, thereby reducing the energy required to produce and transport them, provides a significant opportunity for the key players operating in the glass packaging market over the forecast period. However, the growing demand for plastics is projected to hamper the overall growth of the glass packaging market.

MARKET SCOPE

The "Global Glass Packaging Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the glass packaging market with detailed market segmentation by application and geography. The global glass packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glass packaging market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The global glass packaging market is segmented on the basis of application into beverage, pharmaceutical, food packaging, personal care, and others.

Impacts of Covid-19 on the Market

The Covid-19 (coronavirus) pandemic is impacting society and the overall economy across the world. The impact of this pandemic is growing day by day as well as affecting the supply chain. The COVID-19 crisis is creating uncertainty in the stock market, massive slowing of supply chain, falling business confidence, and increasing panic among the customer segments. The overall effect of the pandemic is impacting the production process of several industries. This report on ‘glass packaging market’ provides the analysis on impact on Covid-19 on various business segments and country markets. The reports also showcase market trends and forecast to 2028, factoring the impact of COVID -19 Situation.

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REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global glass packaging market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The glass packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the glass packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the glass packaging market in these regions.

MARKET PLAYERS

1. Amcor Limited
2. Ardagh Packaging Holdings Limited
3. Bormioli Rocco SPA
4. Gerresheimer AG
5. Hindusthan National Glass and Industries Limited
6. Owens-Illinois, Inc.
7. Saint Gobain S.A.
8. Vetropack Holding AG
9. Vidrala S.A.
10. Vitro Packaging, LLC.

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Contact us:

The Insight Partners
Phone: + 1-646-491-9876
E-mail: sales@theinsightpartners.com

About The Insight Partners:

The Insight Partners is a one top industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Manufacturing and Construction, Technology, Chemicals and Materials.
We offer our clients multiple ways to customize research as per their specific needs and budget.

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