Research and Markets: Global Glass Packaging Market 2015-2019: Increase in Beer Consumption Driving Growth
May 11, 2015 | By Business Wire News
DUBLIN
Research and Markets (http://www.researchandmarkets.com/research/qjgvh8/global_glass) has announced the addition of the “Global Glass Packaging Market 2015-2019” report to their offering.
The analysts forecast the global glass packaging market to grow at a CAGR of 4.45 percent, in terms of revenue, over the period 2014-2019.
Based on application, the global glass packaging market can be broadly classified into five major segments: alcoholic beverages (excluding beer) packaging, beer packaging, f&b packaging, pharmaceuticals packaging, and others.
Commenting on the report, an analyst from the team said: The R&D to develop new lightweight glass packaging to enhance end-user usability and reduce wastage is gaining momentum. This new kind of packaging is both recyclable and cost-effective. Because glass is heavy, it is cumbersome to transport, which scales up the cost of bottling and production. Frozen polymers are blasted with lasers and the liquid is cooled rapidly to produce lightweight glass. The demand for this kind of material worldwide is having a positive impact on the overall demand for glass packaging.
According to the report, one of the main factors driving the growth of the global glass packaging market is the increase in beer consumption worldwide. Beer is one of the alcoholic beverages that use glass bottles for packaging. It is packed in dark-colored glass bottles to preserve the contents, which are prone to spoilage when exposed to UV light.
Companies Mentioned
– Ardagh group
– Gerresheimer
– Owens-illinois
– Saint-gobain
– Amcor
– Ball
– Bormioli Rocco
– China Glass Holdings
– Consol Glass
– Heinz-Glass
– Hindusthan National Glass & Industries
– Koa Glass
– Nihon Yamamura Glass
– Orora
– Packaging Australia
– Piramal Glass
– Stolzle Glass
– Vetropack Holding
– Vidrala
– Vitro Packaging
– Wiegand-Glass
For more information visit http://www.researchandmarkets.com/research/qjgvh8/global_glass
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