Post Time:Aug 11,2020Classify:Industry NewsView:1076
Trusted Business Insights answers what are the scenarios for growth and recovery and whether there will be any lasting structural impact from the unfolding crisis for the Container Glass market.
Trusted Business Insights presents an updated and Latest Study on Container Glass Market 2019-2029. The report contains market predictions related to market size, revenue, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. The report further elaborates on the micro and macroeconomic aspects including the socio-political landscape that is anticipated to shape the demand of the Container Glass market during the forecast period (2019-2029).
It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary, and SWOT analysis.
Get Sample Copy of this Report @ Container Glass Market – By Glass Type (Type-1, Type-2, Type-3, and Type-4), By Container Type (Tableware, Packaging, and Decorative Containers), By End-Use (Non-packaging and Packaging), By Forming Process (Type-1 and Type-2)-Global Industry Analytics, COVID-19 Business Impact, and Trends, 2020 -2029
Abstract
The global container glass market is set to grow at a CAGR of nearly 5% during the period from 2019 to 2025. The report offers valuation and analysis of the container glass market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, restraints, revenue estimates, avenues, current & emerging trends, and industry-validated market information. The report offers historical data from 2016 to 2018 along with a forecast from 2019 to 2025 based on value (USD Million).
Introduction
Container glass is a kind of glass that is used in the production of bottles, bowls, and jars. Furthermore, the product possesses lesser amount of magnesium oxide & sodium oxide as compared to flat glass. It comprises of large proportion of aluminum oxide, silica, and calcium oxide. Additionally, the product is used for storing food & beverages.
The use of the glass containers to store beverages or drinks has been the part of tradition of many aristocratic families and royal families since ancient times/period. It has also been used for storing beverages and serving the guests in many eastern & western cultures since past many decades.
Market Growth Drivers
The growth of the market over the forecast timeline is attributed to huge consumption of alcoholic beverages such as beer, vodka, and red wine across the globe. In addition to this, rise in the demand for environment friendly products will further drive the industry landscape over the coming years. Consumers prefer container glass more over plastic containers as the latter contributes majorly towards environmental degradation. Apparently, container glass is light in weight and finds strong use for storing cold drinks and hot drinks as well as sodas & wines.
Furthermore, new designed glass containers to increase the visual appeal of the product will amplify the market growth over the forthcoming years. The low production cost of these materials have enhanced the popularity & utility of glass containers across the globe.
Asia Pacific To Lead Global Container Glass Market Over 2019-2025
The growth of the market in the Asia Pacific zone over the forecast timeline is subject to huge consumption of alcoholic beverages in the nations like India and China.
Key players profiled in the report include Becton, Dickinson and Company, Saverglass SAS, Ardagh Group, Piramal Glass Limited, Gerresheimer AG, Owens-Illinois, Inc., Beatson Clark Ltd., Adelphi Healthcare Packaging, Hindusthan National Glass & Industries Limited, Stevanato Group, Nipro Corporation, Schott AG, Vidrala S.A., Vitro, S.A.B. de C.V., Nampak Ltd., Consol Glass (Pty) Ltd., BA Glass, Wiegand-Glas GmbH, and AGI Glasspack Limited.
The global container glass market is segmented as follows:
By glass type
Type-1
Type-2
Type-3
Type-4
By container type
Packaging
Bottles
Sauce/Syrup Bottle
French Square Bottle
Boston Round Bottle
Others
Jars
Mason Jar
Hexagonal Jar
Paragon Jar
Straight-sided Jar
Others
Vials & Ampoules
Food Grade
Pharma Grade
Tableware
Decorative Containers
By forming process
Blow & Blow Forming
Press & Blow Forming
By end use
Packaging
Food Packaging
Meat, Poultry & Seafood
Ready-to-eat Meals
Spices, Condiments & Sauces
Dairy Products
Bakery & Confectionary
Beverage Packaging
Alcoholic Beverages
Non-alcoholic Beverages
Pharmaceuticals
Cosmetic & Perfumery
Others
Non-packaging
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Source: https://myamazonecho.com/Author: shangyi