Glass Packaging Market

Date: 2016-05

Glass is amongst the utmost chosen product for various applications such as food packaging, beverages, pharmaceuticals, personal care and more. They possess various characteristics such as chemical inertness, sterility and reusability, which make them efficient for being used as packaging material. Another vital importance of glass packaging is that it can be shaped into numerous design and sizes, enabling its usage across different industry verticals. However, increasing use of plastics as a substitute for glass is all set to obstruct its market growth. Developments in the usage of plastics across various applications will confine the glass usage.

The alcoholic beverages sector is all set to dictate the glass packaging market in the forecast period 2015-2021. Moreover, this segment will shoot the demand for the glass packaging market worldwide, owing to the growing consumption of several types of alcohols and beers across the globe. Major types of glasses commercially available for packaging are clear glass, laminated glass, insulated glass, tempered glass and others.

Amber is the utmost used colored glass, and is manufactured by adding iron, sulfur, and carbon together. Green Glass is produced by using non-toxic Chrome Oxide. It imparts green color to the glass, the higher the concentration, the duskier the color. Reduced green glass gives minor UV protection. Blue glass is made by the addition of cobalt oxide. It is a very powerful colorant that only needs to be added in a few parts per million to provide a light blue color.

The end user industry is the major driver for the glass packaging market to grow. Glass packaging find their applications in various segments like food processing, pharmaceuticals, beverages, chemicals and more. Rising use of glass packaging in pharmaceutical industry along with food & beverages sector owing to its non-corrosive nature is anticipated to boost the demand. Additionally, glass also possess numerous characteristics such as recyclability, non-permeability as well as zero rate of chemical interaction, which makes it appropriate for them to be used as a packaging material in numerous applications including soft drinks, beverages beer and medical. APAC dominated the global glass packaging market. Major players involved in this market are mainly concentrating on R&D initiatives and new product developments to cater the needs of customers. Moreover, Developments in order to make lighter glass bottles, thereby plummeting energy required to produce and transport them are anticipated to generate growth prospects in future.

Increasing Preference for Organic Products Fuels the Glass Packaging Market

Glass Packaging is solid yet fragile, simple yet versatile, clean yet primitively natural and the feel of glass gives an instant impression of quality. APAC region dominated the overall glass packaging market and accounted for over XX% of the market in terms of volume. This region is expected to witness the fastest growth in the coming years mainly driven by increasing packaged foods sector especially in alcoholic beverages. The glass packaging market in APAC is primarily dominated by China and India owing to the vast consumer base and food processing in these countries. The developing regions of Eastern Europe and Asia-Pacific are set to exhibit rapid growth.

The global glass packaging market is evaluated based on key attributes such as type of glass, coloring chemicals, industry and others. Each of the segmentations in the report has been studied to give comprehensive analysis of global glass packaging market. The overall market has also been consolidated from the perspective of different geographic locations into standard geographic regions and key economies for this market. Additionally, this report encompasses opportunity analysis, porter analysis, pricing analysis and market forces such as drivers, constraints and challenges that are involved to drive the overall market.

The key players profiled in this report are:
Saint Gobain S.A.
Asahi Glass Co.
Amcor Co. and others.

This report gives detailed information about the product value chain right from the beginning which includes raw materials till end-use. The market is analyzed based on the key attributes such as the power in the hands of producers and consumers, analysis on the degree of competition, and threats from substitutes and new entrants. The study includes the demand of this particular market on a global and regional scale for a six year period of 2016-2021, both in terms of volume(kilo tons) and revenue($ million).

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