Glass is among the most preferred packaging materials and a safe choice for packaging food products. Glass containers are commonly made with a combination of various oxides or oxygen-based compounds. The combining of raw materials such as sand, soda ash, limestone, and cullet, creates glass containers that are highly durable, strong, impermeable, easily shaped, and inexpensive. The impermeable nature of glass packaging makes it a safe alternative for protective packaging. It acts as an excellent barrier against the external environment, and the glass containers do not affect the taste, odor, or composition of the products they contain.
MARKET DYNAMICS
The glass packaging market has witnessed significant growth owing to factors such as Rising demand for alcoholic beverages coupled with the rapid increase in the beer industry in Eastern Europe and Asia Pacific region. Moreover, ongoing product innovation and technological advancements to make glass bottles lighter, thereby reducing the energy required to produce and transport them, provides a significant opportunity for the key players operating in the glass packaging market over the forecast period. However, the growing demand for plastics is projected to hamper the overall growth of the glass packaging market.
MARKET SCOPE
The "Global Glass Packaging Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the glass packaging market with detailed market segmentation by application and geography. The global glass packaging market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading glass packaging market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global glass packaging market is segmented on the basis of application into beverage, pharmaceutical, food packaging, personal care, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global glass packaging market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The glass packaging market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the glass packaging market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the glass packaging market in these regions.
MARKET PLAYERS
The reports cover key developments in the glass packaging market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from glass packaging market are anticipated to lucrative growth opportunities in the future with the rising demand for glass packaging in the global market. Below mentioned is the list of few companies engaged in the glass packaging market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the glass packaging market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Amcor Limited
- Ardagh Packaging Holdings Limited
- Bormioli Rocco SPA
- Gerresheimer AG
- Hindusthan National Glass & Industries Limited
- Owens-Illinois, Inc.
- Saint Gobain S.A.
- Vetropack Holding AG
- Vidrala S.A.
- Vitro Packaging, LLC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.