Glass Packaging Market Scenario Studied in New M&M Research Report Available at MarketPublishers.com30 Oct 2014 • by Natalie Aster
LONDON – Glass is widely used to make packaging for the products of the pharmaceuticals, alcoholic beverages and food industries, due to its high resistance to chemicals and abrasion. The world market for glass packaging is anticipated to achieve the USD 59,814.3 million mark (in terms of value) in 2019, rising at a CAGR of 3.9% within the 2014-2019 time period.
The alcoholic beverage segment is currently the largest consumer of the glass packaging; its consumption is increasing at a CAGR of 3.9%. As of 2013, the segment’s share totaled 58.3%. Furthermore, the alcoholic beverages industry will likely continue to hold its dominance in terms of glass packaging consumption. In the years ahead, glass packaging consumption in the alcoholic beverages industry will see the highest growth rates in such regions as APAC and Eastern Europe. Meantime, the consumption of glass packaging in the pharmaceutical industry, which is the second largest consumer of the material, will grow at a 4.2% CAGR; the highest growth is forecast to be registered primarily in North America and Europe.
New market research report “Glass Packaging Market by Applications (Alcoholic Beverage Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging) and by Geography (North America, Europe, Asia-Pacific and Rest of the World) - Global Trends & Forecast to 2019” elaborated by MarketsandMarkets (M&M) provides an insightful overview of the market for glass packaging and gives unique details on the market performance (historical, present and forecast).
The report presents a detailed guide to the global market for glass packaging, covering key application segments by region and by country. It unveils information on the main industry drivers, opportunities and challenges. The study contains a review of the leading companies, including data on products, services, strategies and recent developments. Additionally, the new study analyses the competitive environment within the world glass packaging sector and examines the key market trends. The report overviews the main partnerships, acquisitions and mergers within the industry. Furthermore, a future outlook for the global glass packaging market through 2019 is offered in the study.
Glass Packaging Market by Applications (Alcoholic Beverage Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging) and by Geography (North America, Europe, Asia-Pacific and Rest of the World) - Global Trends & Forecast to 2019
Published: October, 2014
Price: US$ 4,650.00
More new studies by the publisher can be found at MarketsandMarkets page.