Glass Packaging Market Size, Share, Industry Analysis, Growth, Trends and Forecasts, 2012 To 2020: Hexa Research
Glass packaging market has been witnessing strong growth over the last few years on account of increasing demand from liquor & beer industries, and the trend is expected to continue over the forecast period
Glass packaging market has been witnessing strong growth over the last few years on account of increasing demand from liquor & beer industries, and the trend is expected to continue over the forecast period
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<strong>Hexa</strong> <strong>Research</strong><br />
Fact-based market research, penetrating industry insights <strong>and</strong> validated<br />
forecasts to help you make better decisions for a stronger future<br />
<strong>Glass</strong> <strong>Packaging</strong> <strong>Market</strong> <strong>Size</strong>, <strong>Share</strong>, <strong>Industry</strong> <strong>Analysis</strong>, <strong>Growth</strong>,<br />
<strong>Trends</strong> <strong>and</strong> <strong>Forecasts</strong>, <strong>2012</strong> <strong>To</strong> <strong>2020</strong>: <strong>Hexa</strong> <strong>Research</strong><br />
<strong>Glass</strong> packaging market has been witnessing strong growth over the last few years on account<br />
of increasing dem<strong>and</strong> from liquor & beer industries, <strong>and</strong> the trend is expected to continue over<br />
the forecast period. Furthermore, rising consumption of beer across the world is anticipated to<br />
strengthen the global glass packaging market growth over the foreseeable period. Increasing<br />
dem<strong>and</strong> for functional food <strong>and</strong> beverages coupled with changing life styles of consumers is<br />
anticipated to be the key factor driving the global glass packaging market over the projected<br />
period. Increasing environmental concerns across the world is the key factor to promote glass<br />
packaging industry over the next five years owing to its eco friendly <strong>and</strong> recyclable property.<br />
<strong>Glass</strong> material is highly resistant to aqueous <strong>and</strong> acidic solutions. This property of glass<br />
materials found numerous packaging applications in major industries including chemicals,<br />
alcohols, liquor & beer <strong>and</strong> foods & beverages. <strong>Growth</strong> of these end-use industries is further<br />
expected to drive the market over the forecast period. Increasing application scope of glass<br />
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packaging in pharmaceuticals is expected to open new avenues for the market over the next<br />
five years. However, growing awareness towards the cost benefits of plastic packaging is likely<br />
to impact glass packaging market growth negatively.<br />
Application Insights<br />
Beer industry has been the largest application segment for glass packaging over the last<br />
decade <strong>and</strong> the trend is expected to continue over the forecast period. <strong>Glass</strong> reduces UV rays<br />
effect <strong>and</strong> prevents beers <strong>and</strong> other alcoholic beverages from spoilage. This property of glass<br />
increased the consumption of glass in packaging beer <strong>and</strong> alcoholic beverages over the past<br />
few years. <strong>Growth</strong> of beer manufacturing industries in regions including Asia Pacific <strong>and</strong> Europe<br />
is anticipated to boost the glass packaging dem<strong>and</strong> in the region. Availability of different flavors<br />
of beers coupled with increasing disposable income of consumers is the key driver to boost the<br />
dem<strong>and</strong> of beers across the globe. This trend is expected to drive glass packaging market over<br />
the next five years. Alcoholic beverages witnessed to be the second major application segment<br />
for glass packaging market followed by foods & beverages. Foods <strong>and</strong> beverages industry<br />
witnessed strong growth over the past few years owing to increasing functional foods <strong>and</strong><br />
beverages dem<strong>and</strong>. In addition, rising application scope of glass packaging in pharmaceuticals,<br />
cosmetics & personal care products, <strong>and</strong> chemical industries are anticipated to drive the market<br />
over the foreseeable period. However, plastic packaging <strong>and</strong> metal cans may replace the<br />
application of glass packaging in major application like cosmetics, perfumes, chemicals <strong>and</strong><br />
aerosols. These factors are expected to hamper the market growth in near future.<br />
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Regional Insights<br />
Asia pacific was the largest regional market for glass packaging owing to increasing<br />
consumption of beer in this region. In Asia Pacific, China holds the major market share of beer<br />
in terms of consumption. Europe has been witnessing high growth over the past few years on<br />
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<strong>Hexa</strong> <strong>Research</strong><br />
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forecasts to help you make better decisions for a stronger future<br />
account of increased consumption of beer by young generation in Eastern Europe. North<br />
America is anticipated to witness significant growth over the forecast period owing to increasing<br />
dem<strong>and</strong> from end-use industries in this region. Countries such as Pol<strong>and</strong> <strong>and</strong> Norway are<br />
expected to witness strong growth over the next five years owing to the fastest growth of beer<br />
market in these regions.<br />
Competitive Insights<br />
<strong>Glass</strong> <strong>Packaging</strong> market is highly fragmented in nature with the presence of huge number of<br />
small <strong>and</strong> medium scale companies in this market. Some prominent players present in the<br />
market include Amcor Limited, Saint-Gobain S.A., Hindusthan National <strong>Glass</strong> & Industries<br />
Limited, Bormioli Rocco SPA, Owens-Illinois, Inc., Ardagh Group, <strong>and</strong> Vetropack Holding AG.<br />
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Table of Contents<br />
Chapter 1 Executive Summary<br />
1.1 <strong>Glass</strong> <strong>Packaging</strong> - <strong>Industry</strong> Summary & Critical Success Factors (CSFs)<br />
Chapter 2 <strong>Glass</strong> <strong>Packaging</strong> <strong>Industry</strong> Outlook<br />
2.1 <strong>Market</strong> Segmentation<br />
2.2 <strong>Market</strong> <strong>Size</strong> <strong>and</strong> <strong>Growth</strong> Prospects<br />
2.3 <strong>Glass</strong> <strong>Packaging</strong> Value Chain <strong>Analysis</strong><br />
2.4 <strong>Glass</strong> <strong>Packaging</strong> <strong>Market</strong> Dynamics<br />
2.4.1 <strong>Market</strong> driver analysis<br />
2.4.1.1 Growing use of glass packaging in pharmaceuticals<br />
2.4.1.2 Growing beer market<br />
2.4.2 <strong>Market</strong> restraint analysis<br />
2.4.2.1 Growing use of substitutes such as plastics<br />
2.5 Key Opportunities Prioritized<br />
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2.6 <strong>Industry</strong> <strong>Analysis</strong> - Porter’s<br />
2.7 <strong>Glass</strong> <strong>Packaging</strong> - PESTEL <strong>Analysis</strong><br />
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Contact: +1-800-489-3075<br />
Email : sales@hexaresearch.com<br />
Website: http://www.hexaresearch.com/
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