Pune, India -- (SBWIRE) -- 04/24/2018 -- MarketResearchFuture.com added New Report Named "Glass Packaging Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by Products (Bottles, Jars, and Vials), Application (Alcoholic Beverage Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging) and Region | Outlook to 2023" to its Database.

Glass Packaging is the trusted and proven packaging for health, taste and the environment. It is also the only widely-used food packaging, acclaimed by the FDA as "GRAS" or normally accepted as safe of the highest standard. 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. Glass Packaging is completely recyclable and can be recycled endlessly without loss in time, quality or purity. Legislation such as container deposit measures further enhances the benefits associated with glass packaging. Due to its nonporous and impermeable quality, there are no interactions between glass packaging and products or chemical interactions that may affect the flavour, strength and aroma of food and beverages which makes the glass packaging further suitable packaging material in pharmaceutical and alcoholic beverages industry. Glass Packaging offer the transparency of colourless or coloured glass displays the content and reveals the quality, allowing the consumer to appreciate the product which actually enhances a product's quality.

The Global Glass Packaging Market is growing with the rapid pace; mainly due to its augmented application across industries. The market is flourishing and projected to perceive promising growth by 2021 with a staggering CAGR during forecast period (2017 – 2023).

The global glass packaging market is expected to grow at a CAGR of about 6% during the forecast period 2017-2023.

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Key Players of Global Glass Packaging Market

The key players of Global Glass Packaging Market 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.

Growth Drivers of Glass Packaging Market

Glass Packaging market is majorly driven by its rapidly growing applications across industries. Ageless, classic, and appealing, Glass Packaging is widely used in sectors such as Food & Beverages, Dairy Products, Personal Care or Beauty products such as cosmetics, perfume and salon and spa, Pharmaceutical or Medicine industry and majorly in wine or liquor industry. Increase in demand for alcoholic beverages and beer has augmented the market growth of glass packaging. Additionally, 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. Moreover, bourgeoning Personal Care industry along with the pharmaceutical industry is providing impetus to the market growth of Glass Packaging.

Innovations in Glass Packaging Market

With the modern glass packaging manufacturing techniques, today, Glass Packaging, is considerably lighter than it was just a couple of decades ago and significantly stronger and versatile than ever before. Which can be desirably shaped, etched, enamelled, colored and decorated in an almost countless appealing and user-friendly designs that appeal key segments.

Segmentations of Glass Packaging Market

Global glass packaging market is segmented on the basis of Application and Region. On the basis of application it is segmented as alcoholic beverages, food & beverages, pharmaceuticals and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.

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Regional Analysis of Global Glass Packaging Market

APAC dominates the global glass packaging market with its fast growing market worldwide. It will expand at a substantial CAGR over the forecast period. The region is expected to grow in coming years due to increasing glass packaging consumption, particularly in China and India. The demand is dominated by the alcoholic beverages and pharmaceuticals industry. It is followed by North America which is expected to grow rapidly over multi millions by 2021. Europe and Rest of the World are also expected to grow at a considerable CAGR from 2016 to 2021.

The report for Global Glass Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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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