Research and Markets has announced the addition of the “Glass Packaging Market in North America: Trends and Forecast 2015-2019” report to their offering.
The report forecasts the glass packaging market in North America to grow at a CAGR of 1.69% by revenue and 1.94% by volume over the period 2015-2019.
Glass is used in the packaging of F&B, pharmaceuticals, chemicals, and cosmetics. Glass bottles and jars can be molded into a variety of shapes and dimensions, making them very appropriate for packaging. The inert nature of glass and its ability to preserve products for a long time make glass a popular choice for packaging in the F&B industry.
To calculate the market size, the report considers revenue generated from sales of glass bottles and containers of various types used in sectors such as:
•Pharmaceutical and healthcare
According to the report, the demand for pharmaceuticals and healthcare glass packaging is growing due to the increase in demand for pharmaceutical products. Pharmaceutical packaging products need to meet international regulatory compliance standards for safety. The low reactivity, durability, transparency, lightweight nature, and ease of cleaning of glass packaging make it the perfect choice for bottling medical products.
For more information visit http://www.researchandmarkets.com/research/f2nfcr/glass_packaging