Glass Packaging Market to Reach a value of $59,814.3 million by 2019


Posted January 21, 2020 by RohanPatnakar

The global glass packaging market is expected to grow at a CAGR of 3.9% from 2014 to 2019 to reach a value of $59,814.3 million. Alcoholic beverages application of glass packaging is expected to drive the market.
 
The report, “Glass Packaging Market by Applications (Alcoholic Beverage Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging) and by Geography (North America, Europe, Asia-Pacific and Rest of the World) - Global Trends & Forecast to 2019” defines and segments the global glass packaging market with an analysis and forecast for applications and geography by volume as well as value.

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Browse 76 market tables and 58 figures spread through 125 slides and in-depth TOC on "Glass Packaging Market by Applications (Alcoholic Beverage Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging) and by Geography (North America, Europe, Asia-Pacific and Rest of the World) - Global Trends & Forecast to 2019".

The Global Glass Packaging Market is expected to grow at a CAGR of 3.9% from 2014 to 2019 to reach a value of $59,814.3 million.

“Pharmaceutical packaging is the fastest growing segment in the Glass packaging market”
Pharmaceutical packaging application is expected to have the highest growth. It is estimated to grow at a CAGR of 4.2% in terms of value from 2014 to 2019. The increasing health awareness among the consumers and improving lifestyle of the consumers will increase the need for more sophisticated packaging that will drive the market for pharmaceutical packaging.

The major market for glass packaging is Asia-Pacific. The alcoholic beverage packaging market is expected to witness the fastest growth on account of increasing consumption of alcoholic drinks in Asia-Pacific and Eastern Europe. The Glass Packaging market for pharmaceutical packaging will grow in North America and Europe because of the introduction of new therapies. Moreover, in North America, U.S. and Canada are mature markets in food containers. Thus, food packaging will undergo declining phase in this region.

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Some of the key market participants that deal in glass packaging include Amcor Limited (Australia), Owens-Illinois, Inc. (U.S.), Saint-Gobain S.A. (France), Hindusthan National Glass & Industries Limited (India).

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Phone 1-888-600-6441
Business Address Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430
Northbrook, IL 60062 USA
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Categories Business
Tags glass , glass packaging , glass packaging market , glass packaging market report , packaging market
Last Updated January 21, 2020