PUNE, India, March 8, 2023 (GLOBE NEWSWIRE) – The global Size of the glass packaging market was US$60.32 billion in 2019 and is projected to reach US$81 billion by the end of 2027, growing at a CAGR of 3.95% over the forecast period. Increasing global demand for glass materials will support the growth of the market in the coming years. According to a report published by Fortune Business Insights,
Glass packaging market refers to the industry that manufactures and distributes glass containers for various applications including food and beverage packaging, pharmaceuticals, personal care products and more. Glass packaging is a popular choice due to its sustainability, durability and ability to preserve contents without compromising their taste or quality.
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List of Major Players Covered in the Market Report
- Ardagh Group SA (Ireland)
- Anchor Glass Container Corporation (BA Glass BV) (USA)
- Verallia (USA)
- Owens Illinois Inc. (USA)
- TOYO GLASS CO., LTD. (Japan)
- Heinz Glas GmbH (Germany)
- Vetropack Group (Switzerland)
- AGI Glasspack Ltd. (India)
- Yantai NBC Glass Packaging Co., Ltd. (China)
- Yantai Changyu Glass Co.,Ltd. (China)
Scope and segmentation of the report:
| report coverage | details |
| forecast period | 2020-2027 |
| Forecast CAGR | 3.95% |
| Value prognosis 2027 | $81.00 billion |
| report coverage | Sales Forecast, Company Profiles, Competitive Landscape, Growth Factors and Latest Trends |
| Market size of glass packaging in 2019 | $60.32 billion |
| Historical data | 2016-2018 |
| number of pages | 180 |
| Covered Segments | By end user industry and regional |
| Growth drivers for the glass packaging market | Asia-Pacific accounts for dominant share; Huge consumption of bottled beverages will support growth |
| Increasing efforts to maximize the use of glass packaging will support growth |
Segments:
The glass packaging market can be segmented based on several factors. Here are some of the most common…
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