In-Depth Exploration of the Glass Packaging Market: Enriching Industry Understanding, Envisioning Trends, Evaluating Growth Catalysts, and Forecasting Advancements from 2023 to 2030.
Report Ocean has recently released a comprehensive research report on the global Glass Packaging Market. The report offers a detailed analysis of various market characteristics, such as size, growth, segmentation, regional and country breakdowns, competitive environment, market shares, trends, and strategies. It also provides insights into the impact of the COVID-19 pandemic on the market.
Global Glass Packaging Market is valued at approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Recyclability and neutral reacting ability of glass make it a popular choice in packaging applications. Glass packaging comprises all packaging formats made from glass such as jars, bottles, containers, and others. Growth in end-user industries such as pharmaceuticals, cosmetics, food products and others is mainly fueling the market demand. Such as, according to Statista, the worldwide revenue of pharmaceutical market increased from USD 1250 billion in 2019 to USD 1265 billion in 2020. Similarly, global cosmetics industry revenue surged from USD 72.36 billion in 2020 to USD 80.73 billion in 2021 and is expected to reach USD 131.04 billion by 2026. Additionally, rising consumer demand for safe and healthier packaging is injecting growth into the market. Furthermore, introduction of lightweight glass and developments in glass recycling are the factors anticipated to further push the market towards growth. In August 2021 Owens-Illinois James City County signed a partnership agreement to bring Glass recycling to the county, which will benefit local charities. However, growing demand for plastic as a packaging material is expected to hamper the future growth of the market.
The key regions considered for the Global Glass Packaging Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. Asia Pacific is leading the global market in terms of revenue and is also expected to grow at a significant pace in near future, due to growing demand from end-user industries and expansion of glass recycling capacity in the region.
Major market players included in this report are:
- Piramal Glass Private Limited
- Owens-Illinois Inc.
- Amcor Plc
- Westpack LLC
- Gerresheimer AG
- Saint-Gobain S.A.
- Hindustan National Glass & Industries Limited
- Ardagh Packaging Holdings Limited
- Vetropack Holding AG
- Vidrala S.A.
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By End-user Industry:
Food
Beverage
Personal care
Healthcare
Household care
Other End-users (Agricultural, etc.)
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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This report covers several key questions related to the global Glass Packaging market, including:
- What can be expected for the Glass Packaging market in the next decade?
- What are the primary drivers of growth in the global Glass Packaging market?
- Which technologies are likely to experience the most rapid growth, both by market and region?
- How do opportunities within the Glass Packaging market vary based on the size of the end market?
- What is the breakdown of Glass Packaging by type and application?
- How have recent events such as the COVID-19 pandemic and the Russia-Ukraine conflict impacted the Glass Packaging market?
The Key Points Covered in the Table of Contents:
Overview: This section provides a concise summary of the report, offering a high-level understanding of the global Glass Packaging Market. It serves as an introduction, providing insights into the nature and contents of the research study.
Market Analysis: The research study accurately and reliably forecasts the market share of key segments within the Glass Packaging Market. This analysis enables industry participants to make strategic investments in the significant growth areas of the Food Container Market.
Analysis of Leading Players’ Strategies: Market participants can utilize this report to gain a competitive advantage over their rivals in the Glass Packaging Market. It offers an in-depth analysis of the strategies employed by leading players, enabling others to develop effective strategies and stay ahead in the market.
Regional Growth Analysis: The report covers all major regions and countries relevant to the Glass Packaging Market. The regional analysis facilitates market players in identifying untapped regional markets, devising unique regional strategies, and comparing the growth patterns across different regions.
Market Forecasts: Purchasers of this report gain access to precise and validated estimations of the overall market size in terms of both value and volume. The study also includes comprehensive forecasts for consumption, production, sales, and other pertinent factors related to the Glass Packaging Market.
Our Glass Packaging Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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