Continuous consolidation of consumer base for glass

Almost % of the global market value is procured from sales of amber glass containers across the globe. Apart from their enduse and shape, glass containers are also being purchased according to their colour. Future Market Insights predicts that the growth of global glass container market is, thus, contingent upon growing consumption of such liquids, and alcoholic drinks & beverages. Although, Europe's market value share is expected to be just a tad higher than AsiaPacific's glass container market, which is low cost modular office procuring around % share through .ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm.A majority of glass containers sold in the world are consumed for packaging beverages.

Nevertheless, such preferences get reversed when it comes to packaging highlyreactive fluids, industrial solvents, and alcoholic beverages. Leading glass container manufacturers in the world are profiled in this report, which include Vidrala SA, Amcor Limited, OwensIllinois, Inc. By , more than , KT of amber glass containers will be consumed globally, according to the report. Baby food, coffee, sauces, and several other such products, which were once packaged in glass containers, are now available in plastic bottles & metal tins., BA Glass, Saverglass Group, Ardagh Group SA, Consol Glass (Pty) Ltd., Hindusthan National Glass & Industries Limited, Nampak Ltd. In , more than US , Mn worth of glass containers were used for beverage packaging, which alcoholic beverages accounting for % of these revenues.In , more than US , Mn worth of glass containers were consumed globally. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. High cost of producing glass containers, their fragile composition, and heavy weight are also prompting food & beverage makers for shifting towards metal or plastic packaging.

The demand for glass jar will also be high, while candle glass containers and glass vials will witness a downtrend in terms of consumption.Ask For More Information repgbIn the report, titled "Glass Container Market: Global Industry Analysis and Opportunity Assessment, ," Europe is identified as the largest market for glass containers. Corporate Way, Suite ,Valley Cottage, NY ,United StatesT: .Ask For Report Sample sample/repgbImpact of Plastic and Metal PackagingThe report has compiled several factors that impact the growth of global glass container market, and highlighted the ones that restrain the market from attaining steady expansion.Then, there's the inexorable competition arising from plastic bottles and metal cans. Mn by the end of ., and Wiegand Glas.In packaging industries, plastic and metal have always been looked at as alteative materials for glass. First off, the global market for glass containers is expected to continue facing challenges as companies struggle to keep up with pricing pressures. Lighter glass containers will also gain traction by providing added advantage to manufacturers and increasing profit margins of packaged products. Although, during this forecast period, the global glass container market will exhibit a moderate revenue growth at . Continuous consolidation of consumer base for glass containers has intensified pricing pressure on manufacturers, compelling them to cater to big clients the ones demanding their products at low prices.% CAGR. Demand for glass containers is also projected to be high in cosmetics & perfumery, revenues from which are likely to soar at . On the same lines, demand for glass packaging is expected to lose traction against rising preference for plastic bottles and metal cans. Key findings from Future Market Insights' report estimate that the market will be valued at US ,. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends. Clear glass containers, on the other hand, will have procured over % share in the global glass container market value by the end of .Rising Demand for Lightweight Glass BottlesIndustry leaders will continue to strive for reducing the weight of glass containers, thereby increasing their sustenance in logistics operations. The report reveals that throughout the forecast period, more than twothird of global glass container revenues will be accounted by glass bottles.% CAGR