Visiongain anticipates the Global Glass Packaging market to see high growth in the upcoming years. The global glass packaging market is forecast to reach $40.86 billion.
Glass packaging is facing increasing competition from rival packaging materials that are stronger, lighter and cheaper to manufacture and transport, as experienced in many of the glass packaging submarkets. Glass is seven times heavier than the equivalent volume of plastic, a significant difference. This means that glass packaging is more expensive to transport than rival materials. Its brittleness also adds an increased risk during transport.
The growth of plastic pouch packaging is the largest threat facing the glass packaging market in the short term. Plastic pouch packaging offers increased convenience compared to glass packaging, as portions are often pre-measured into individual servings. It is also much less brittle than its glass equivalents, meaning no clean up is required if the package is dropped. Plastic pouch packaging also uses significantly less packaging than its glass packaging equivalent.
Visiongain predicts that the growth of pouch packaging will erode sales of glass packaging within the food submarket, especially in previous strongholds of glass food packaging sales such as baby food, sauces and coffee. Increasingly complex pharmaceutical packaging such as blister packaging and advanced secondary paper packaging will make glass obsolete as a packaging material. The glass packaging market will remain resolute in the beverage packaging. Glass is the second largest submarket market in the global beverage packaging market by material, behind plastic.
The report offers expert opinions from an exclusive interview with a leading authority in the market. It includes:
- Global glass packaging market forecasts and analysis from 2015 to 2025
- 5 Glass packaging submarket forecasts and analysis from 2015 to 2025 by leading end use sectors: food, beverages, healthcare, personal care, and others
- 13 leading national glass packaging market forecasts and analysis from 2015 to 2025
- Analysis of game changing developments and trends, affecting the industry
- Explanation of political, regulatory and technical factors to consider
- Profiles of 10 leading companies operating within the sector, including future outlooks and packaging revenue forecasts to 2025
- Conclusions & recommendations
The report also provides detailed revenue projections of the market, including competitive analyses and commercial drivers and restraints. In addition to market forecasts from 2015 to 2025, the new study shows current market data, market shares and original critical analysis revealing insight into commercial developments.
The is detailed information on leading national glass packaging markets, and predictions for where the highest revenues and opportunities will occur. There is also information about developed and developing countries, from 2015 onwards.
Leading companies discussed include:
- Piramal Glass
- Ardagh Group
- Vitro Packaging
- Bormioli Rocco SpA
- Anadolu Cam
More information and copies of the report are available by contacting email@example.com.