Global Glass Packaging Market Research Report - Forecast to 2022

Published - Sep 2018 | Category - Packaging | No. of Pages - 144 | Published By - Market Research Future


Introduction


Glass Packaging is one of the trusted method to store food, beverages, and medicines. It is also considered as a good packaging method for health, taste, and the environment. It is one of the most widely used packing method in various industries such as pharmaceutical, food and beverages, and others. Moreover, the products packed in the glass are safe and preserves their freshness for longer time. Glass is one of the most chosen materials for packaging alcoholic beverages, non-alcoholic beverages, liquid-based pharmaceutical products, and a huge variety of perishable and non-perishable products. Glass is 10 % recyclable and can be recycled continuously without loss in quality and purity, this is one of the major advantage of glass packaging material.

Market Dynamics

The increasing demand for the glass packaging from different industries such as pharmaceuticals, food & beverages, and cosmetics may drive the market growth during the forecast period. The glass packaging is adopted on a large scale due its important features such as malleability, zero chemical leaching, and the non-reactive nature may drive the growth of the market. Moreover, increasing beer consumption in developed countries may propel the growth of the global glass packaging market. Furthermore, the increasing consumption of alcoholic beverages along with the high growth in pharmaceutical industry in Asia Pacific may propel the growth of the global glass packaging market in this region. On the other hand, the increasing popularity of plastics as a packaging materials is one of the major factor restraining the growth of the market.