DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/wqhs4v/global_glass) has announced the addition of the "Global Glass Packaging Market for Food and Beverages 2015-2019" report to their offering.
The global glass packaging market for food and beverages to grow at a CAGR of 2.71% over the period 2014-2019.
The report covers the current scenario and the growth prospects of the global glass packaging market for food and beverages for the period of 2015-2019. To calculate the market size, the report considers the revenue generated from the sales of the vendors present in the global glass packaging market for food and beverages.
The report includes a discussion of the key vendors operating in this market. It discusses the major drivers that influence the growth of the market. It also outlines the challenges faced by vendors and the market as a whole, and the key trends that are emerging in the market.
Glass is heavy and cumbersome to transport. This scales up the cost of bottling and production. However, manufacturers are investing in R&D to develop lightweight glass packaging. Frozen polymers are blasted with lasers, and the liquid is cooled rapidly to produce lightweight glass. This type of glass enhances end-user usability and reduces wastage. Lightweight glass packaging is both recyclable and cost-effective.
According to the report, beer is one of the major commodities that require glass packaging because it is sensitive to UV light. The rate of beer consumption is high in the growing economies of APAC and Eastern Europe. In addition, the availability of a wide range of beer options in the untapped market and an increase in the purchasing power of consumers has led to a rise in the consumption of beer.
Further, the report states that vendors in the global glass market are experiencing high competition because of the use of PET bottles and metal cans in the packaging of food and beverage products. High shatter resistance makes PET products the preferred choice in the food and beverage industry to ensure greater compliance with hazard analysis.
- Ardagh Packaging
Other prominent vendors
- Allied Glass Containers
- Anchor Glass Container
- Consol Glass
- Orora Packaging
- Piramal Glass
- Vetropack Holding
- Vitro Packaging
For more information visit http://www.researchandmarkets.com/research/wqhs4v/global_glass