Glass Packaging Market Size

1. Glass Packaging Market Size Synopsis As per the Market Research Future Reports (MRFR), the global market for glass packaging is likely to value more than USD 66,000 million and will expand at a CAGR of 3.29% during the forecast period from 2017 to 2022. Demand for glass packaging is concentrated in sectors such as pharmaceuticals, food and beverage and cosmetics. The most important characteristics of glass packaging like zero chemical leaching, malleability, and non-reactive characteristics continue to bring an impact on the Glass Packaging Market Size 2020. Moreover, it can be recycled and the reuse of glass packaging exhibits its eco-friendly nature. Glass is one of the most demanded materials for the purpose of packaging alcoholic beverages, non-alcoholic beverages, liquid-based pharmaceutical products and several other non-perishable and perishable products. An increase in efforts towards encouraging the adoption of environmentally friendly products has assisted in reviving the glass packaging industry. Get Sample Copy @ https://www.marketresearchfuture.com/sample_request/1258 Key Players The most significant players in the global Glass Packaging Market Size are Ardagh Group S.A, Owens-Illinois Inc., Verallia, Vidrala S.A., Gerresheimer AG, BA Vidro, Vetropack Holding Company, Piramal Glass, Stölzle Glass Group, Wiegand-Glas GmbH, Verescence, Zignago Vetro S.P.A., Luigi Bormioli Corporation, Allied Glass Containers Ltd, Vetrobalsamo Spa, Nihon Yamamura Glass Co., Ltd., Heinz Glas GmbH & Co. KGAA and Vitro. Market Segmentation The global Glass Packaging Market Size is segregated on the basis of product, application, and region. On the basis of product, the global market for glass packaging can be divided into super-premium glass quality, premium glass quality, and standard glass quality. Among all, the premium glass quality dominates the Glass Packaging Market Size. On the basis of application, the global market for glass packaging can be classified into food packaging, beverage packaging, personal care packaging, pharmaceutical packaging, and others. The beverage packaging dominates the Glass Packaging Market Size is also likely to advance with a robustly expanding CAGR during the forecast period. Regional Analysis As per the Market Research Future Reports (MRFR), the regional analysis of America, Europe, Asia Pacific, Middle East, and Africa. The APAC region has been reigning the global market for the Glass Packaging Market Size since 2017 by acquiring 34.3% market share and is expected to expand at a very fast pace during the review period. The increased consumption of alcoholic beverages encourages the market in the region. Additionally, increased disposable income levels among individuals, lifestyles of consumers, fluctuating preferences also play an important role in expanding the Glass Packaging Market Size. Japan, China, and India are the most crucial contributors to the market. China is dominating the APAC market. Hence, the region is likely to expand at a CAGR of 3.60% and retains its apex position during the forecast period. The American region is a lucrative market for glass packaging. The region has witnessed increased investment in research and development and product innovation in terms of packaging. Moreover, the

2. strict food safety policies in nations like the U.S and Canada have observed a rise in the consumption of beverages, and the increased growth rates in the sector of pharmaceutical are some other factors expanding the regional market. Access Full Report @ https://www.marketresearchfuture.com/reports/glass-packaging-market-1258 About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com