Global glass packaging market delivers information of market size and the segment markets by regions, types, major drivers, trends, challenges, applications, annual growth rate, forecasts, and companies.

— Adroit Market Research launched a study titled, “Global Glass Packaging Market Size 2017 By Application (Alcoholic Beverages, Beer, Pharmaceuticals, Food & Beverages, Others), By Region and Forecast 2018 to 2025”. The study covers the global glass packaging market value and volume for a period ranging amid 2015 to 2025, where 2015 to 2017 imply the annual consumption with forecast between 2018 and 2025. The report covers the global glass packaging market trends including drivers, restraints, value chain and Porter’s Five Forces analysis.

By 2025, the global glass packaging market revenue is estimated to reach USD 135.52 billion driven by the increasing demand for the product from numerous end-use industries, majorly from the beverage industry. Rising consumer spending coupled with unique properties of glass is supporting its growth in the global packaging industry.

For In depth Information Get Sample Copy of this Report @

https://www.adroitmarketresearch.com/contacts/request-sample/516

Glass does leech any chemicals into the packed product. Additionally, the superior barrier properties of the material allow the item inside to remain unaltered, thus, making glass the preferable choice for packaging. Glass being impermeable, non-porous and non-reactive, is the most preferred packaging material for various non-alcoholic and alcoholic beverages. Moreover, manufacturers are shifting their focus back to glass in light of numerous regulations banning the use of plastics as packaging materials.

Strong capital investments by companies in their plants and working with other industry stakeholders to improve the quality of recycled glass; and to produce innovative packaging solutions to attract more customers are some of the macro factors that are augmenting the growth of the global glass packaging market.

The key trend in the global glass packaging market includes recycling and reduction in the weight of these containers. Suppliers are gradually increasing the usage of cullet to reduce the production and landfill cost. Furthermore, the weight of container glass has been reduced by nearly 30% since the earlier era resulting in the material posing a tough competition for its largest competitor, i.e., plastics.

From a sustainability point of view, companies are increasing the amount of recycled content in their bottles and jars. Overall, the global glass packaging market has seen an increase from 26% to roughly 33% of recycled content over the past five years. Some companies in North America run their facilities at recycled glass rates of 50% or more, with one of the glass plants averaging above 90% recycled content. The growing trend of immigration of people from other counties to the region, especially the U.S., is expected to augment the U.S. glass packaging market via numerous end-use industries.

Browse the complete report @

https://www.adroitmarketresearch.com/industry-reports/glass-packaging-market

The global glass packaging market is fragmented where the top three players accounted for a market share of over 30% in 2017. Owens-Illinois accounted for the largest market share in the same year. Top global supplier of container glass includes Owens-Illinois, Ardagh, Verallia, and Vidrala with 80, 35, 33, and 8 number of plants, respectively. Furthermore, North America and Europe are the most consolidated marketplaces across the globe with two to three players accounting for nearly 50%. China has the largest number of glass converters of about 900. China is also the largest producer as well as exporter of container glass. Other players in this market include AGI Glaspac, Carib Glassworks Ltd, Hindustan National Glass & Industries Ltd, Consol Glass, VITRO, Nampak Ltd, Amcor Ltd, Gerresheimer AG, Toyo Glass Co. Ltd, and Piramal Glass.

Key segments of the global glass packaging market

Application Overview, 2015-2025 (Kilo Tons) (USD Million)

Alcoholic beverages (excluding beer)

Beer

Food & beverages

Pharmaceuticals

Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)

North America

U.S.

Mexico

Canada

Europe

Germany

UK

Asia Pacific

China

India

Rest of the World

Else place an Inquire before Purchase “Glass Packaging Market Size, Status and Forecast 2025 @

https://www.adroitmarketresearch.com/contacts/enquiry-before-buying/516

About Adroit Market Research:

Adroit Market Research provide quantified B2B research on numerous opportunistic markets, and offer customized research reports, consulting services, and syndicate research reports. We assist our clients to strategize business decisions and attain sustainable growth in their respective domain. Additionally, we support them with their revenue planning, marketing strategies, and assist them to make decisions before the competition so that they remain ahead of the curve.

Contact Info:

Name: Ryan Johnson

Email: Send Email

Organization: Adroit Market Research

Address: 3131 McKinney Ave Ste 600

Phone: +1-214-884-6068

Website: https://www.adroitmarketresearch.com/industry-reports/glass-packaging-market

Source URL: https://marketersmedia.com/glass-packaging-market-2018-segmentation-by-volume-and-value-business-growth-key-players-investment-opportunities-challenges-profit-revenue-forecast-2025/465286

Source: MarketersMedia

Release ID: 465286