Global Glass Packaging Market 2020 Latest Industry Growth Analysis by Upcoming Trends, Emerging Technology by Regions, Supply and Forecast 2024

Glass Packaging

The “Glass Packaging Market” report 2020 covers all the significant developments which are recently being adopted across the global market. The prime objective of the Glass Packaging market report is to provides an in-depth analysis of all market dynamics including drivers and restraints, and trends, and opportunities. The Glass Packaging market report covers both the demand and supply aspects of the market. The report also highlighted the future trends in the Glass Packaging market that will impact the demand during the forecast period.

Scope of the Report:

Glass is one of the most preferred packagings for consumers who are concerned about their health and the environment. They are made from all-natural sustainable raw materials. Glass packaging preserves the product’s taste or flavor and maintains the integrity or healthiness of foods and beverages. Glass is considered “GRAS” or “generally recognized as safe” by the U.S. Food and Drug Administration. It’s also 100% recyclable and can be reused endlessly with no loss in quality or purity.

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Market Overview:

  • The global glass packaging market has been estimated at USD 54.26 billion in 2018 and is forecasted to register a CAGR of 4.39% to reach USD 70.21 billion by 2024. Glass Packaging is known as one of the most trusted forms of packaging for health, taste and environments safety. Despite facing heavy competition from plastics, the ability of glass to self-portray a premium image while maintaining the freshness and safety of the product can ensure its presence, worldwide, across a range of end-user industries.
  • – Rising consumer demand for safe and healthier packaging is helping glass grow in different categories. Also, innovative technologies for embossing, shaping and adding artistic finishes to glass are making glass packaging more desirable among end-users. Furthermore, factors such as the increasing demand for eco-friendly products, and the rising demand from the food and beverages market are stimulating the growth of the market.
  • – Also, the recyclable nature of glass makes it environmentally the most desired packaging type. The lightweight glass has been the significant innovation in recent times, offering the same resistance as the older glass materials and higher stability, reducing the volume of raw materials used and CO2 emitted.
  • – From a regional point of view, emerging markets like India and China are witnessing high demand for beer, soft drinks, and ciders, owing to the increasing per capita spending of the consumers and their changing lifestyles. However, the increasing operational costs and growing usage of substitute products such as plastics and tin are restaining the market growth.

    Some of the Top Key Players of Glass Packaging Market Report Are:

  • Piramal Glass Private Limited.
  • Owens Illinois, Inc.
  • Amcor Ltd.
  • Bemis Company, Inc.
  • WestPack LLC.
  • Sonoco Products Company
  • Uhlmann Group
  • Gerresheimer AG
  • Hindustan National Glass & Industries Ltd.
  • Ardagh Group
  • HEINZ
  • GLAS GmbH & Co. KGaA

    Report Highlights:

    • Market Dynamics – Drivers, Restraints, and Opportunities
    • Market Segmentation – Types, Applications, Regions, and Technology
    • Market Trends
    • Competitive Landscape
    • SWOT Analysis and Porter’s Five Forces Analysis

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    Key Market Trends:

    Beverage Industry To Hold The Highest Market Share

    – The market for glass packaging in the alcoholic beverage industry is facing intense competition from metal packaging in the form of cans, but it is expected to maintain its share during the forecast period, due to its preference in the premium products. The growth is expected to be observed across different beverage products like juices, coffee, tea, soups, non-dairy beverages, and others.
    – Amongst alcoholic beverages, beer witnessed tremendous growth in the past few years, as the majority of beer volume is sold in glass bottles and is driving the need for increased production rates in the glass packaging industry. The increasing demand for premium variants in alcoholic drinks is driving the growth of glass bottles. Developing nations like India are also showing much higher quality perception for beer.
    – Also, returnable glass bottles remain a significant form of product delivery for all major companies in the non-alcoholic beverage industry as they provide a cost-effective method. For instance, currently, about 70% of the bottles used for natural mineral water are made of plastic. The choice of the bottled water packaging material is increasing, taking into account, the environmental considerations.

    Europe to Grow Significantly

    – Consumers in the United Kingdom have higher awareness related to the health and environmental benefits of glass bottles and are willing to pay higher costs for these benefits. Manufacturers are also realizing these trends and increasingly addressing it in their choice of packaging.
    – The UK glass industry has the knowledge and expertise to be globally competitive. High-volume glass manufacturing contributes around GBP 1.3 billion to the UK economy each year. The United Kingdom also acts as the central hub of the European economy, when it comes to exports. According to the Environment, Food, and Rural Affairs, the food and drink exports exceeded GBP 22 billion in 2017, up from GBP 20.2 billion in 2016.
    – Lightweight glass has been the major innovation in recent times, offering the same resistance as the older glass materials and higher stability, while reducing the volume of the raw materials used. Also, Alcoholic drinks are expected to lead the way for the glass packaging market, owing to the decent sales of beer and whiskey in the United Kingdom, with an increasing demand for premium variants.

    The Report Covers:

    • Comprehensive research methodology of Glass Packaging market
    • In-depth analysis of macro and micro factors influencing the market guided by key recommendations.
    • Analysis of regional regulations and other government policies impacting the global sleep aid market
    • Insights about market determinants which are stimulating the global Glass Packaging market
    • Detailed and extensive market segments with regional distribution of forecasted revenues
    • Extensive profiles and recent developments of market players Companies Mentioned

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    Detailed TOC of Glass Packaging Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Key Deliverables of the Study
    1.2 Study Assumptions
    1.3 Market Definition

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Market Drivers
    4.2.1 Increasing Demand for Eco-Friendly Products
    4.2.2 Rising Demand From the Food and Beverages Market
    4.3 Market Restraints
    4.3.1 Rising Operational Costs
    4.3.2 Growing Usage Of Substitute Products (Plastic)
    4.4 Industry Attractiveness – Porter’s Five Force Analysis
    4.4.1 Threat of New Entrants
    4.4.2 Bargaining Power of Buyers/Consumers
    4.4.3 Bargaining Power of Suppliers
    4.4.4 Threat of Substitute Products
    4.4.5 Intensity of Competitive Rivalry
    4.5 Industry Policies

    5 TECHNOLOGY SNAPSHOT

    6 MARKET SEGMENTATION
    6.1 By End-user Industry
    6.1.1 Food
    6.1.2 Beverage
    6.1.3 Personal care
    6.1.4 Healthcare
    6.1.5 Household care
    6.1.6 Others (Agricultural, etc.)
    6.2 Geography
    6.2.1 North America
    6.2.1.1 United States of America
    6.2.1.2 Canada
    6.2.2 Europe
    6.2.2.1 United Kingdom
    6.2.2.2 Germany
    6.2.2.3 France
    6.2.2.4 Rest of the Europe
    6.2.3 Asia Pacific
    6.2.3.1 Japan
    6.2.3.2 China
    6.2.3.3 India
    6.2.3.4 Rest of Asia-Pacific
    6.2.4 Latin America
    6.2.4.1 Brazil
    6.2.4.2 Mexico
    6.2.4.3 Rest of Latin America
    6.2.5 Middle East and Africa
    6.2.5.1 Saudi Arabia
    6.2.5.2 United Arab Emirates
    6.2.5.3 South Africa
    6.2.5.4 Rest of Middle East and Africa

    7 COMPETITIVE LANDSCAPE
    7.1 Company Profiles
    7.1.1 Piramal Glass Private Limited.
    7.1.2 Owens Illinois, Inc.
    7.1.3 Amcor Ltd.
    7.1.4 Bemis Company, Inc.
    7.1.5 WestPack LLC.
    7.1.6 Sonoco Products Company
    7.1.7 Uhlmann Group
    7.1.8 Gerresheimer AG
    7.1.9 Hindustan National Glass & Industries Ltd.
    7.1.10 Ardagh Group
    7.1.11 HEINZ-GLAS GmbH & Co. KGaA

    8 INVESTMENT ANALYSIS

    9 MARKET OPPORTUNITIES AND FUTURE TRENDS

    Contact Us:

    Name: Ajay More

    Phone: US +14242530807/ UK +44 20 3239 8187

    Email: [email protected]

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