Glass is one of the most preferred materials for packaging of food, beverages, pharmaceuticals, personal care products and others. Properties like chemical inertness, sterility and reusability make it an efficient packaging material. The other major advantages of glass packaging are that it can be molded into various shape and sizes, facilitating its use across different industry verticals. Even though glass remains the preferred packaging material for a variety of products, the growing usage of plastics as a replacement for glass will hamper its market growth. Advancements in the field of plastics for safe usage in different applications will restrict the glass usage.
Scope of the Report:This report studies the Glass Packaging market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Glass Packaging market by product type and applications/end industries.
Growing consumption of glass packaging in pharmaceuticals along with food & beverages sector on account of its non-corrosive nature is expected to drive the demand. In addition, various properties including recyclability, non-permeability, and zero rate of chemical interaction make it suitable as a packaging material for various applications including beer, soft drinks, beverages, and medical.
Increasing consumer health awareness along with high living standards will increase glass demand in pharmaceutical packaging. Glass being eco-friendly along with numerous ongoing R&D to develop packaging, which is 50% lighter as compared to traditional forms, is expected to witness immense potential over the next six years.
EMEA is expected to be the major revenue contributor to the glass packaging market throughout the forecast period. The growth of the market in the region is mainly driven by the high consumption of alcoholic beverages and the increased focus of the European brewers towards innovative packaging solutions, this has led to an increase in glass packaging market in Europe.
The global Glass Packaging market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Glass Packaging.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers Ardagh Group
DuPont
Gerresheimer
Orora
Owens-Illinois
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Bottles
Vials
Jars
Others
Market Segment by Applications, can be divided into Food
Beverage
Healthcare
Personal Care
Others
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
