Research and Markets: Global Glass Packaging Industry Growth Likely to Recover and Reach an Estimated $45.9 Billion by 2018

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/52q5x8/global_glass) has announced the addition of the "Global Glass Packaging Industry 2013-2018: Trends, Forecasts and Opportunity Analysis" report to their offering.

Glass used for the packaging of beverages is expected to retain major market share in the future. Increasing usage of glass as a packaging material in perfume bottles and the use of glass bottles for storage of medicines due to its sterility and reusability will drive the glass packaging industry. Glass packaging is influenced by such economic factors as rising disposable income, per capita income, urbanization, and population.

The report indicates that the industry faces challenges due to availability of substitutes such as paper, plastic, steel, and metal for packaging. Secondly, volatility in feedstock prices, energy inputs, and transportation are expected to be major challenges for the industry.

The report also highlights the key drivers. Increase in sales of soft drinks in glass bottles and increase in the consumption of packaged consumer goods such as beverages drive glass packaging. Glass has an almost zero rate of chemical reaction as there are no interactions between glass packaging and products to affect the flavor of food and beverages.

Glass container manufacturers have been responsive to the numerous demands of consumers resulting in innovative designs, lighter weight packages, and establishment of various brands. Consumers have placed greater emphasis on greener packaging and healthier products which would have positive impact on glass packaging market.

Glass is the material of choice for packaging; glass packaging is environment friendly as glass is infinitely recyclable. Launch of new varieties of consumer goods such as soft drinks, alcoholic drinks, and spirits increased the volume sales of packaged goods.

This report covers the in-depth analysis of glass packaging industry covering each region and stating the emerging region of the industry which will reflect growth in the forecast period. This report will help in knowing the upcoming opportunities and threats that are likely to be faced by the industry players.

For more information visit http://www.researchandmarkets.com/research/52q5x8/global_glass

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Glass

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Contacts

Research and Markets
Laura Wood, Senior Manager.
press@researchandmarkets.com
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Glass