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Glass Packaging Market Insights, Status, Latest Amendments And Outlook 2021

The glass packaging market is expected to show considerable growth during the forecast period of 2014-2020 owing to the increasing consumption of glass packaging, pharmaceuticals as well as the food and beverage sector. In addition research and development activities are also helping in accelerating the growth rate of the glass packaging market as they lead to great developments regarding the quality and ergonomics of glass packaging.

  • The pharmaceutical segment tends to observe a good growth rate during the forecast period as many glass packaging manufacturers are in the process of producing glass bottles for filling hand sanitizers as the demand for hand sanitizers has been rising due to the COVID-19 pandemic. The trend of glass industries supporting breweries to make sanitizer glass bottles is on the rise. For instance, O-I Glass in New Zealand supported Good George Brewery with a flint version of its 946ml squealer bottle.
  • The healthcare sector may experience great demand for pharmaceutical storage during the COVID-19 pandemic as the demand for sterility and reusability has increased owing to the rising number of infected patients on a daily basis. The food and beverage sector is also expected to witness steady growth due to the properties glass possesses such as durability.

Printing on glass is one of the most popular ways of labelling and packaging. It is easy and offers manufacturers with huge scope of innovation and creativity. Furthermore, because of its easy molding capacity, it becomes easier to introduce different range of products with variety of shapes and sizes. One of the key driving factors for the development of the global market has been the increasing consumption of alcohol, particularly beer. The alcohol segment is expected to be of immense potential for the development of the global glass packaging market. Packaging plays an important role in the sales of alcohol beverages. Leading companies in the market are thus concentrating on developing niche packaging products that will attract more consumers. Thus, this increasing consumption of alcoholic beverages is expected to drive the overall development of the global glass packaging market.

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Thus, there is a growing demand for the same, which ultimately is helping the development of the glass packaging market in the Asia Pacific region. The companies in the region are concentrating on developing new ways of packaging that will attract more consumers and help in generating more profits.

Printing on glass is one of the most popular ways of labelling and packaging. It is easy and offers manufacturers with huge scope of innovation and creativity. Furthermore, because of its easy molding capacity, it becomes easier to introduce different range of products with variety of shapes and sizes. Because of its high attraction and scope of variety, the global packaging market is thus expected to witness a promising growth in the coming years of the forecast period of 2014 to 2020. The segment of food and beverages products is expected to create several lucrative business opportunities for the overall development of the global glass packaging market in the next few years

Global Glass Packaging Market – Key Trends

There are several factors that are helping to drive the development of the global glass packaging market. One of the key driving factors for the development of the global market has been the increasing consumption of alcohol, particularly beer. The alcohol segment is expected to be of immense potential for the development of the global glass packaging market. With the advent of technology and increasing penetration of internet, people are more aware about the different products in the segment.

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Packaging plays an important role in the sales of alcohol beverages. Leading companies in the market are thus concentrating on developing niche packaging products that will attract more consumers. Thus, this increasing consumption of alcoholic beverages is expected to drive the overall development of the global glass packaging market.

Furthermore, increasing consumption processed food products, launch of new eatable products, and increasing popularity and penetration of online delivery services are also expected to promote the development of the global glass packaging market.

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