Globally there is an increase in demand for alcoholic beverages and beer which has augmented the market for glass packaging. The non-reactive nature of glass makes it a suitable packaging material in pharmaceutical and alcoholic beverages industry. This is backed by the increased awareness for eco-friendly packaging and increase in investments by packaging companies which has led to the growth of the global Glass Packaging Market Share.

Glass is the material of choice for packaging; glass packaging is environment friendly as glass is infinitely recyclable. Glass is the trusted and proven packaging for health, taste and the environment. It uses for packaging beverages, food products, personal care products, pharmaceutical products, and household products. It is widely used in the packaging of perishable goods and for products that can react with the packaging materials. Food and beverages are stored in glass containers and bottles as it is impermeable and non-porous. This makes it easy to keep intact and preserve the flavours and smell of the food and beverages. Moreover, launch of new varieties of consumer goods such as soft drinks, alcoholic drinks, and spirits increased the volume sales of packaged goods.

Made from all-natural sustainable raw materials Glass Packaging is the much acclaimed and preferred packaging for preserving product’s taste or flavour and maintaining the integrity or healthiness of foods and beverages. Due to its nonporous and impermeable quality, and a complete recyclability glass packaging is widely preferred packaging material in pharmaceutical, chemical and alcoholic beverages industry. Offering transparency of colourless or coloured glass, Glass Packaging displays the content and revealing its quality, reflects the exclusivity and luxury nature of the product allowing the consumer to appreciate the product which actually enhances a product’s quality.

Key Players

The key players of Global Glass Packaging Market Share report include- Owens Illinois Inc., Saint-Gobain, Ardagh Group, Gerresheimer AG, and Vetropack Holding AG, Amcor Ltd, Nihon Yamamura Glass Co. Ltd, Tamron Co., Ltd., and Piramal Glass Limited, Hindustan National Glass & Industries Ltd, Stolzle-Oberglas GmbH, Vidrala SA, Wiegand Glas, O.Berk Company LLC, and Shandong Pharmaceutical Glass Co., Ltd.

Segmentation

On the basis of application, the Glass Packaging Market Share has been segmented into food packaging, pharmaceutical packaging, beverages packaging, personal care packaging, and others. Among these, the beverages packaging segments are expected to have a favorable share of the global market in the foreseeable future. The increasing rate of alcohol consumption is anticipated to lead the expansion of the segment over the next couple of years. Also, glass bottles exhibit resistance against leaching, which is anticipated to drive the growth rate of the segment in the forthcoming years.

By product, the segmental analysis of the Glass Packaging Market Share covers the following segments - premium glass quality, standard glass quality, and super premium glass quality. Among these, the the premium glass quality segment is anticipated to maintain its pole position in the years to come. Increasing demand for the product from pharmaceutical and food & beverage industries is prognosticated to catalyze the expansion of the segment over the next few years.

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