Post Time:Jun 27,2019Classify:Industry NewsView:1238
Glass packaging is a rigid packaging method which involves the usage of protecting the contents with the help of covering it with different shapes, sizes and density of glass packaging products. The different varieties of glass packaging products available are bottles, containers, etc. The major benefits associated with this packaging method are they do not affect the taste, composition and texture of the contents.
Global Glass Packaging Market is expected to rise from its initial estimated value of USD 72.65 billion by 2026, registering a CAGR of 4.97% in the forecast period of 2019-2026. This rise in market value can be attributed to the increasing demand for sustainable methods of packaging products.
In this report, market analysis and market segmentation is carried out in terms of markets covered, geographic scope, years considered for the study, currency and pricing, research methodology, primary interviews with key opinion leaders, DBMR market position grid, DBMR market challenge matrix, secondary sources, and assumptions. This market report is all-embracing and object-oriented which is structured with the combination of an admirable industry experience, innovative solutions, industry insight and most modern tools and technology.
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Major Key players profiled in this report are:
Amcor Limited; Ardagh Group S.A.; Luigi Bormioli Corporation; Gerresheimer AG; Hindusthan National Glass & Industries Limited; Koa Glass Co., Ltd.; Nihon Yamamura Glass Co.,Ltd.; O-I; Piramal Glass Private Limited; Saint-Gobain; Stölzle-Oberglas GmbH; Vetropack; Vidrala; Wiegand-Glas GmbH; Berlin Packaging; HEINZ-GLAS GmbH & Co. KGaA; China Glass Holdings Limited; Consol and Vitro.
Major Market Drivers:
Increased consumption of alcoholic beverages specifically beer which is one of the major applications for this product is expected to positively affect the growth of the market
Increasing demand and adoption of this method of packaging from the end-user industries is one of the major factors driving the growth of the market
Increasing demand for personal care and cosmetics packaging from the developing regions due to the increasing consumption of these products
Market Restraints:
Availability of lightweight, cheaper substitutes is one of the major factors restraining the growth of the market
Increasing demand for plastic packaging products is one of the major factors restraining the growth of the market
Segmentation:
By Product Type
Borosilicate
De-Alkalized Soda Lime
Soda Lime
By Applications
Food
Beverages
Alcoholic Beverages
Non-Alcoholic Beverages
By Geography
North America
US
Canada
Mexico
Middle East & Africa
South Africa
Egypt
Saudi Arabia
United Arab Emirates
Europe
Germany
United Kingdom
Italy
France
Spain
Russia
Turkey
Belgium
Netherlands
AsiaPacific
Japan
China
South Korea
India
Australia
Singapore
Thailand
Malaysia
Indonesia
Philippines
South America
Brazil
Argentina
Rest of South America
Source: http://pioneercolumnist.com/Author: shangyi