Published by TMR Research Insights
Posted on August 24, 2021
Transparency Market Research offers a comprehensive outlook of the global container glass market in its latest research report. In terms of revenue, the global container glass market is estimated to expand at a CAGR of 5% during the forecast period. TMR focuses on the various drivers and restraints in the market that are expected to define the trajectory of this market in the coming days.
According to the report, the market will be driven by growing awareness about using eco-friendly materials for packaging as landfills continue to overflow with plastic. This has led to growing adoption of container glass in packaging of consumer goods, pharmaceuticals, and several items belonging to the food and beverages industry.
On the basis of end use, the global container glass market is segmented into packaging, beverage packaging, cosmetic and perfumery, pharmaceuticals, and others. TMR anticipates that the food and beverage industry will lead the market as the sales of sauces, condiments, and drinks both alcoholic and nonalcoholic continue to soar. As an essential, the demand for packaged food and beverages will drive the revenue for container glass at an exponential rate throughout the forecast period.
The pharmaceutical industry to is projected to be a key consumer of container glass as syrups and wide range of medicines are preferably stored in glass bottles. As race to develop and commercialize COVID-19 vaccine intensifies, labs are expected to show a high demand for vials, which use container glass. Thus, the market stands to benefit as pharmaceutical industry stays ahead to find a cure for the pandemic.
For More Industry Insight, Request Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30137
Global Container Glass Market Dynamics
The demand for container glass is expected to surge in the coming years as packaging solutions witness a paradigm shift with sustainability awareness. From mason jars to bottles, the demand for container glass will be felt strongly in the food and beverage industry. Increasing number of restaurants and soaring demand for alcoholic and nonalcoholic beverages are expected to lead this market to new heights of success.
Global Container Glass Market: Region-wise Analysis
Asia Pacific dominates the current global container glass market and is expected to continue its dominance in terms of both revenue generation and CAGR. India and China are anticipated to create significant opportunities as the countries continue to manufacturing hubs. Thus, Asia Pacific is expected to hold a significant share during the forecast period. Furthermore, strong product innovation among manufacturers with new designs and quality material are expected to boost the market during the forecast period.
Container Glass Market: Key Players
Some of the key players operating in the global container glass ma
rket are Gerresheimer AG, Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, Nipro Corporation, Vidrala S.A., Vitro, S.A.B. de C.V., Nampak Ltd, Becton, Dickinson and Company, Consol Glass (Pty) Ltd, Saverglass Group, BA Glass, Adelphi Healthcare Packaging, Wiegand-Glas GmbH, and Schott AG
More Trending Reports by Transparency Market Research –
Bottled Water Packaging Market – https://www.prnewswire.com/news-releases/sales-in-bottled-water-packaging-market-witness-lift-with-sizeable-demand-for-mineral-rich-bottled-water-growth-projected-at-healthy-4-1-cagr-through-2029–study-by-tmr-301334571.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
Transparency Market Research offers a comprehensive outlook of the global container glass market in its latest research report. In terms of revenue, the global container glass market is estimated to expand at a CAGR of 5% during the forecast period. TMR focuses on the various drivers and restraints in the market that are expected to define the trajectory of this market in the coming days.
According to the report, the market will be driven by growing awareness about using eco-friendly materials for packaging as landfills continue to overflow with plastic. This has led to growing adoption of container glass in packaging of consumer goods, pharmaceuticals, and several items belonging to the food and beverages industry.
On the basis of end use, the global container glass market is segmented into packaging, beverage packaging, cosmetic and perfumery, pharmaceuticals, and others. TMR anticipates that the food and beverage industry will lead the market as the sales of sauces, condiments, and drinks both alcoholic and nonalcoholic continue to soar. As an essential, the demand for packaged food and beverages will drive the revenue for container glass at an exponential rate throughout the forecast period.
The pharmaceutical industry to is projected to be a key consumer of container glass as syrups and wide range of medicines are preferably stored in glass bottles. As race to develop and commercialize COVID-19 vaccine intensifies, labs are expected to show a high demand for vials, which use container glass. Thus, the market stands to benefit as pharmaceutical industry stays ahead to find a cure for the pandemic.
For More Industry Insight, Request Sample @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=30137
Global Container Glass Market Dynamics
The demand for container glass is expected to surge in the coming years as packaging solutions witness a paradigm shift with sustainability awareness. From mason jars to bottles, the demand for container glass will be felt strongly in the food and beverage industry. Increasing number of restaurants and soaring demand for alcoholic and nonalcoholic beverages are expected to lead this market to new heights of success.
Global Container Glass Market: Region-wise Analysis
Asia Pacific dominates the current global container glass market and is expected to continue its dominance in terms of both revenue generation and CAGR. India and China are anticipated to create significant opportunities as the countries continue to manufacturing hubs. Thus, Asia Pacific is expected to hold a significant share during the forecast period. Furthermore, strong product innovation among manufacturers with new designs and quality material are expected to boost the market during the forecast period.
Container Glass Market: Key Players
Some of the key players operating in the global container glass ma
rket are Gerresheimer AG, Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, Nipro Corporation, Vidrala S.A., Vitro, S.A.B. de C.V., Nampak Ltd, Becton, Dickinson and Company, Consol Glass (Pty) Ltd, Saverglass Group, BA Glass, Adelphi Healthcare Packaging, Wiegand-Glas GmbH, and Schott AG
More Trending Reports by Transparency Market Research –
Bottled Water Packaging Market – https://www.prnewswire.com/news-releases/sales-in-bottled-water-packaging-market-witness-lift-with-sizeable-demand-for-mineral-rich-bottled-water-growth-projected-at-healthy-4-1-cagr-through-2029–study-by-tmr-301334571.html
About Us
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals. Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information, we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision.
Contact
Transparency Market Research
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Blog: https://tmrblog.com/
Follow Us: Twitter | LinkedIn
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