Global Container Glass Market: Overview
Glass containers are generally preferred for storing the pharmaceutical drug, beverages, and food. Glass is a reusable substance and is highly preferred for packaging of various products. Due to the ability to conserve the flavor and strength of products, glass containers have garnered massive popularity across food & beverages packaging sector.
Global Container Glass Market: Growth Factors
Container glass market expansion is projected to gain traction over the coming years, owing to large-scale intake of alcohol and immense sale of personal care & cosmetic items across the globe. The growing trend of using eco-friendly products and preference for healthy as well as organic food items will increase the business space. Apart from this, glass remains pure even after it comes in interaction with various substances. With the ability of the glass containers to ensure product safety along with the need for sustainable packaging, the container glasses are being widely accepted across the globe. Customers prefer glass containers over plastic containers as the former product does not contribute towards GHG emissions or atmospheric pollution. Additionally, container glass is light in weight resulting in a reduction in its logistics cost.
Container glass finds immense usage for storing wines, sodas, cold drinks, and other beverages. It does not change the taste of the beverages and these glass containers are also available in different sizes and colors. These factors will bolster the container glass market earnings over the coming years.
Global Container Glass Market: Segmentation
The container glass market can be segmented into product type, end-user, glass type, and forming process. Product type wise, the market is sectored into decorative containers, glass bottle, candle glass containers, glass jars, tableware, and glass vials & ampoules. On the basis of end-use, the container glass market is divided into cosmetics & perfumes, beverage packaging, pharmaceuticals, and food packaging. Glass types, the market are classified into Type 1, Type 2, Type 3, and Type 4. Based on the forming process, the container glass sector is segregated into blow & blow forming and press & blow forming.
Global Container Glass Market: Regional Analysis
Based on the region, the container glass market can be divided into five main regions: North America, the Middle East, and Africa, Europe, Latin America, and the Asia Pacific. The Asia Pacific is projected to dominate the overall container glass market growth over the coming years due to large-scale intake of alcoholic drinks in countries such as China and India.
The European market is predicted to be the second largest market in terms of growth over the next few years, owing to the thriving alcoholic beverages sector. The rise in the consumption of beer in Germany will increase the demand for glass packaging. The rapidly aging population in the country will generate a massive need for packaging of pharmaceutical drugs. These factors will not only drive the growth of the market in the country but will enlarge the scope of the industry in Europe. Furthermore, the rise in the intake of wine in France and other beverages, as well as large-scale production of high quality wines in Italy, will bulge the container glass market growth in Europe.
The markets in North America, Latin America, and the Middle East and Africa will register huge profits in the coming years as a result of unexplored market growth potential in the regions.
Global Container Glass Market: Competitive Players
Few of the main participants in container glass market are Ardagh Group, Becton, Dickinson and Company, Adelphi Healthcare Packaging, Schott AG, Piramal Glass Limited, Owens-Illinois, Inc., Wiegand-Glas GmbH, Adelphi Healthcare Packaging, BA Vidro, S.A., Frigoglass, Consol Glass (Pty) Ltd., Stevanato Group, Saverglass SAS, Beatson Clark Ltd., and AGI Glasspack Limited.
Global Container Glass Market: Regional Segment Analysis
- North America
- The U.S.
- Europe
- The UK
- France
- Germany
- The Asia Pacific
- China
- Japan
- India
- Latin America
- Brazil
- The Middle East and Africa
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- Full in-depth analysis of the parent market
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- Segmentation details of the market
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- Emerging segments and regional markets
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