Post Time:Nov 29,2019Classify:Industry NewsView:1224
The market is driven by the rising compatibility of glass as a packaging material. In addition, the demand for sustainable packaging is anticipated to further boost the growth of the glass packaging market in Europe.
Glass is ideal for packaging as it is impermeable and non-porous in nature. It does not affect the taste or flavor of food products because it is chemically inert. In addition, the increase in environmental issues is driving the demand for environment-friendly packaging materials such as glass. It is rated highest in terms of safety by Generally Recognized as Safe (GRAS) ratings. Further, glass is completely recyclable. Thus, the rising compatibility of glass as a packaging material is expected to drive market growth during the forecast period.
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Major Five Glass Packaging Market in European Companies:
Ardagh
Ardagh is headquartered in Luxembourg and operates the business under various segments such as Metal packaging Europe, Glass packaging Europe, Metal packaging Americas, and Glass packaging North America. The company offers packaging products for several products such as Beer, Flavored alcoholic beverages, Spirits, Food, Wines, and Non-alcoholic beverages.
O-I
O-I is headquartered in the US and offers products through the following business units: Europe, North America, Latin America, and Asia-Pacific. The company offers product such as Beer bottles, Wine bottles, Spirits bottles, Non-alcoholic beverages packaging, Pharmaceutical packaging, Food packaging, Tableware, etc.
Verallia
Verallia is headquartered in France and operates under the business segment Verallia glass containers. The company offers products such as glass bottles for the packaging of spirits, beer, oil, fruit juice, wine, champagne, cider, and other non-alcoholic beverages.
Vetropack
Vetropack is headquartered in Switzerland and offers products through the following business segments: Glass packaging and Specialty glass. The company offers products such as Beer bottles, Wine bottles, Spirit bottles, Soft drinks and Mineral water bottles, Fruit juice and Food containers.
Vidrala
Vidrala is headquartered in Spain and offers products through the following business segments: Continental Europe and UK/Ireland. The company offers packaging for products such as Oils and vinegar, Beers and Spirits, Preserved food, Sparkling and ciders, Wines, and Juices.
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Glass Packaging Market in Europe: End-User Outlook (Revenue, USD Million, 2018-2022)
Beverage industry
Food industry
Pharmaceutical industry
Other industries
Glass Packaging Market in Europe: Regional Outlook (Revenue, USD Million, 2018-2022)
Germany
Italy
Rest of Europe
Source: https://www.businesswire.com/Author: shangyi