Pune, India -- (SBWIRE) -- 04/24/2018 -- MarketResearchFuture.com added New Report Named "Glass Container Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by Product Type (Glass Bottle, Glass Jars, Glass Vials, and Candle Glass Containers), by End-use (Cosmetics & Perfumes, Pharmaceuticals, Food Packaging, Beverage Packaging and Other Products) and by Region | Outlook to 2023" to its Database.

The Global Glass Container Market is expected to grow at~ 5% CAGR from 2017 to 2023.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on "global glass container market Information from 2017 to 2023"

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Glass is an unbeatable option as a packaging material supported by its superior attributes of sterility, reusability, chemical stability, durability, non-permeability and malleability. It is also hygienic, eco-friendly, and aesthetically pleasing. Key applications areas for this evergreen rigid packaging type include beverages, food products, pharmaceuticals, cosmetic, and chemicals. The growth in the market is driven by the rising consumption of alcoholic beverages and the increasing sales of beauty and personal care products in the emerging markets. Other important growth drivers include rising demand for healthy, ethnic and organic food products, and increasing emphasis on using eco-friendly recyclable material. With an unlimited recyclable life, glass ranks high on the parameters laid down for the environmental most desired packaging type. For every ton of recycled glass, a ton of natural resources are saved, while reducing carbon dioxide emission by a ton with every six tons of container glass recycled.

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

The glass container industry is expected to have a huge number of new entrants over the forecast period owing to continuous developments in construction industry coupled with growing consumer preferences for high security features. The market is also expected to have high expansion activities by multinationals and well-established companies. Mergers and acquisition activities are expected to be seen over the forecast period.

The global glass container market is expected to grow at ~ 5% CAGR during the forecast period.

Asia Pacific glass container market is expected to grow at the highest CAGR

Currently, the Asia Pacific region is the largest consumer of glass containers. The region also represents the fastest growing market with the highest CAGR in value terms over the forecast period. Emerging markets such as China and India are witnessing increased consumption of glass packaging driven by rising disposable incomes, increasing per capita spending, changing lifestyles and rising demand for beer, cider soft drinks, and others. The growing food market in the region will provide the required impetus for growth, supported by the popularity products such as dairy products, spreads, syrups, dressing, sauces and seasonings in several Asian countries.

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The key players of global glass container market are Amcor Limited (Australia), Owens-Illinois Inc. (U.S.), Central Glass Co., Ltd. (Japan), BA Vidro, S.A. (Portugal), VIDRALA (Spain), Ardagh Group S.A. (Luxembourg), Hindusthan National Glass & Industries Limited. (India), Vitro, S.A.B de C.V. (Mexico), Consol Glass (Pty) Ltd. (South Africa) and Frigoglass (Greece).

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This research report provides insights, on various levels of analysis such as industry analysis, and market share analysis for the leading players along with their profiles. It also helps in studying the target segments by providing views on emerging & high-growth segments. The market data comprises the basic assessment of the competitive scenarios & strategies in the global glass container market, including high-growth regions and/or countries, and political, & economic environments. The project report, further, provides views on both the historical market values and pricing & cost analysis.

Product Analysis

- Product matrix which gives a detailed comparison of the market for different recycled product types

Additional Information

- Regulatory Landscape
- Pricing Analysis
- Macroeconomic Indicators

Geographic Analysis

- Geographical analysis across 15 countries

Company Information
- Profiling of 10 key market players
- In-depth analysis including SWOT analysis, and strategy information of related to report title
- Competitive landscape including emerging trends adopted by major companies

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