Global Glass Packaging Market Outlook to 2030 – Featuring Amcor, Ardagh, Gerresheimer and Saint-Gobain, among others – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “Glass Packaging Market, by Application and Region – Size, Share, Outlook and Opportunity Analysis, 2022-2030” report has been added to from ResearchAndMarkets.com offer.

Glass is widely preferred and used as a packaging material around the world. Glass is made from all-natural sustainable raw materials and is widely used as a packaging material by health and environment conscious end users.

Consumers prefer glass packaging to preserve a product’s taste or flavor and maintain the integrity or safety of food and beverages due to its nonporous and impermeable nature, and it also has a zero rate of chemical interactions. Glass is made from durable raw materials such as silica, limestone, soda and others.

The global glass packaging market has witnessed significant growth in recent years, driven by the increasing demand for paper-based packaging for cosmetic products owing to growing consumer environmental concerns. the introduction of products with better improved durability. These factors are expected to provide lucrative growth to the global glass packaging market over the forecast period.

Increasing population and high consumption of FMCG products by consumers is expected to increase the growth of glass packaging market. Rising demand for glass bottles and jars due to increasing usage of the premium product is expected to accelerate the growth of glass packaging market. Rising consumption of beverages such as juices, tea, coffee, and soups is further expected to support the growth of the glass packaging market over the forecast period.

Rising production of glass packaging globally is expected to increase the growth of glass packaging market. According to the Glass Alliance Europe, in 2020, EU-28 glass production reached a volume of almost 39.12 million tonnes. Thus, the increasing production of glass is expected to increase the growth of the glass packaging market over the forecast period.

Growth in the packaging industry owing to the growing demand for consumer products is expected to support the growth of the market over the forecast period. According to the Indian Packaging Institute report of October 2020, the packaging industry in India is expected to grow to US$204.81 billion by 2025 from US$50.5 billion in 2019 at 26.7% per year. Thus, the growth of the packaging industry is expected to drive the growth of the glass packaging market.

Main characteristics of the study:

  • This report provides an in-depth analysis of the global glass packaging market and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering 2021 as the reference year.

  • It elucidates potential revenue opportunities in different segments and explains an attractive investment proposition matrix for this market.

  • This study also provides key insights into the market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players.

  • It profiles leading players of the global Glass Packaging Market based on the following parameters: Company Overview, Financial Performance, Product Portfolio, Geographical Presence, Distribution Strategies, Key Developments & Strategies, and Future Plans .

  • The information in this report would enable marketers and managing authorities of companies to make informed decisions regarding future product launches, technological gradation, market expansion, and marketing tactics.

  • The report on the global glass packaging market is aimed at various stakeholders of this industry, including investors, suppliers, glass packaging service providers, distributors, new entrants and financial analysts.

  • Stakeholders would have an ease in making decisions through various strategic matrices used to analyze the global Glass Packaging market

Company Profiles

  • Amcor Ltd.

  • Ardagh Group

  • Gerresheim

  • Hindustan National Glass & Industries Ltd

  • Koa Glass Co. Ltd.

  • Owens Illinois Inc.

  • Limited Piramal Glass

  • Saint Gobain

  • Heinz-Glas

  • Wiegand-Glas

  • Vidrala S.A.

  • Vitro packaging

  • Nihon Yamamura

Detailed segmentation:

Global Glass Packaging Market, By Application:

  • Alcoholic beverages

  • Beer

  • Food and drinks

  • Medications

  • Others

Global glass packaging market, by region:

  • North America

  • Latin America

  • Europe

  • Asia Pacific

  • Middle East and Africa

For more information on this report, visit https://www.researchandmarkets.com/r/bp8ozp

About Dwayne Wakefield

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