Published by mark itwired
Posted on September 17, 2021
Future Market Insights (FMI), Dubai: As per a study by FMI, the glass bottles sales are expected total US$4.8 bn through 2031, growing at a CAGR of 5.2% over the forecast period of 2021 to 2031. The market witnessed a rise of 3% CAGR during its historical sales period between 2016 and 2020.
According to a study by FMI, the glass bottles market worth will reach US$37.1 bn in 2021. After battling a slight dip of sales during COVID-19 outbreak, the sales grew by 1% year-on-year in 2021.
Glass bottles are 100% recyclable, which makes them better alternative to plastic bottle form the environmental point of view. With focus on sustainability rising at a high pace, glass bottles sales will continue rising through the assessment period.
As per FMI, sales in the U.S. will rise considerably. Ban on single-use plastic and other policies undertaken to protect environment will create a conducive environment for increasing glass bottle sales in the country. Besides this, demand in China will continue surging, pushing growth in East Asia.
While glass bottle application is increasing across diverse industries, the food and beverages sector will account for over half of the market share. Increasing use of glass bottles in beverage packaging will continue driving sales. Demand in pharmaceutical sector also is expected to rise in the coming years.
“Innovations remain key focus for market players. From launch of long-neck beer bottles to ensuring greater agility, manufacturers are leaving no stone unturned to cater to the changing consumer preference,” says the FMI analyst.
Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5122
Key Takeaways
Key Drivers
Key Restrains
Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-5122
Competitive Landscape
The global glass bottles market is moderately fragmented in nature. Key players in the market are focusing on increasing production and investing in product development. Innovation for improved, sustainable products will keep players ahead in the competition.
For instance, in June 2021, AB InBev announced about the launch of a lightweight longneck beer bottle for commercial applications. Several other companies are expected to focus on product launches spurring growth in the market.
Key players operating in the glass bottles market profiled by FMI includes
More Insights on the Glass Bottles Market:
FMI provides an unbiased analysis of the glass bottles market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global glass bottles market with a detailed segmentation on the basis of:
By Grade:
By Manufacturing Process:
By Capacity:
By End User:
By Region:
Key Questions Covered in the Benign Prostatic Hyperplasia Treatment Market Report
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5122
Explore FMI’s Extensive Coverage on the Packaging Domain
Metal Aerosol Packaging Market: Future Market Insights (FMI) provides a deeper insights on the new trends of global metal aerosol packaging market while incorporating the impact of ongoing trends, and growth & restraining factors during the forecast period of 2021 to 2031. Market dynamics have been presented on the basis of prominent drivers, trends and opportunities prevailing across key geographies for the aforementioned decade.
Aerosol Sprayers Market: ESOMAR-certified market analysis and consulting company Future Market Insights (FMI) provides incisive coverage on the global aerosol sprayers market over the forecast period of 2021 and 2031. Additionally, to find the effect of COVID-19 on the aerosol sprayers market in general, the study monitor global aerosol sprayers’ sales in 20+ high-growth markets and addresses their end-user in particular.
Aerosol dispensing systems Market: ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers in-depth insights on key factors of global aerosol dispensing systems market. The study offers detailed study on key trends that influence the demand for aerosol dispensing systems. The report covers global demand in more than 20 high potential markets, in addition to an in-depth analysis of the impact of COVID-19 on the global shell and heat exchangers market.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Abhishek Budholiya
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
D : +44 (0) 20 3287 4268
F : +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: Future Market Insights
LinkedIn | Twitter | YouTube
Report: https://www.futuremarketinsights.com/reports/glass-bottles-market
SOURCE Future Market Insights
The post Glass Bottles Market Sales to total US$4.8 bn by 2031 amid Demand for Alternative Reusable Packaging Bottles: Future Market Insights finds in Latest Survey first appeared on Market Research Blog.
Future Market Insights (FMI), Dubai: As per a study by FMI, the glass bottles sales are expected total US$4.8 bn through 2031, growing at a CAGR of 5.2% over the forecast period of 2021 to 2031. The market witnessed a rise of 3% CAGR during its historical sales period between 2016 and 2020.
According to a study by FMI, the glass bottles market worth will reach US$37.1 bn in 2021. After battling a slight dip of sales during COVID-19 outbreak, the sales grew by 1% year-on-year in 2021.
Glass bottles are 100% recyclable, which makes them better alternative to plastic bottle form the environmental point of view. With focus on sustainability rising at a high pace, glass bottles sales will continue rising through the assessment period.
As per FMI, sales in the U.S. will rise considerably. Ban on single-use plastic and other policies undertaken to protect environment will create a conducive environment for increasing glass bottle sales in the country. Besides this, demand in China will continue surging, pushing growth in East Asia.
While glass bottle application is increasing across diverse industries, the food and beverages sector will account for over half of the market share. Increasing use of glass bottles in beverage packaging will continue driving sales. Demand in pharmaceutical sector also is expected to rise in the coming years.
“Innovations remain key focus for market players. From launch of long-neck beer bottles to ensuring greater agility, manufacturers are leaving no stone unturned to cater to the changing consumer preference,” says the FMI analyst.
Request a report sample to gain comprehensive insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-5122
Key Takeaways
Key Drivers
Key Restrains
Get Access to Research Methodology Prepared by Experts>>> https://www.futuremarketinsights.com/ask-question/rep-gb-5122
Competitive Landscape
The global glass bottles market is moderately fragmented in nature. Key players in the market are focusing on increasing production and investing in product development. Innovation for improved, sustainable products will keep players ahead in the competition.
For instance, in June 2021, AB InBev announced about the launch of a lightweight longneck beer bottle for commercial applications. Several other companies are expected to focus on product launches spurring growth in the market.
Key players operating in the glass bottles market profiled by FMI includes
More Insights on the Glass Bottles Market:
FMI provides an unbiased analysis of the glass bottles market, presenting historical demand data (2016-2020) and forecast statistics for the period from 2021-2031. The study divulges compelling insights on the global glass bottles market with a detailed segmentation on the basis of:
By Grade:
By Manufacturing Process:
By Capacity:
By End User:
By Region:
Key Questions Covered in the Benign Prostatic Hyperplasia Treatment Market Report
Contact Sales for Further Assistance in Purchasing this Report@ https://www.futuremarketinsights.com/checkout/5122
Explore FMI’s Extensive Coverage on the Packaging Domain
Metal Aerosol Packaging Market: Future Market Insights (FMI) provides a deeper insights on the new trends of global metal aerosol packaging market while incorporating the impact of ongoing trends, and growth & restraining factors during the forecast period of 2021 to 2031. Market dynamics have been presented on the basis of prominent drivers, trends and opportunities prevailing across key geographies for the aforementioned decade.
Aerosol Sprayers Market: ESOMAR-certified market analysis and consulting company Future Market Insights (FMI) provides incisive coverage on the global aerosol sprayers market over the forecast period of 2021 and 2031. Additionally, to find the effect of COVID-19 on the aerosol sprayers market in general, the study monitor global aerosol sprayers’ sales in 20+ high-growth markets and addresses their end-user in particular.
Aerosol dispensing systems Market: ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers in-depth insights on key factors of global aerosol dispensing systems market. The study offers detailed study on key trends that influence the demand for aerosol dispensing systems. The report covers global demand in more than 20 high potential markets, in addition to an in-depth analysis of the impact of COVID-19 on the global shell and heat exchangers market.
About Future Market Insights (FMI)
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact:
Abhishek Budholiya
Future Market Insights,
1602-6 Jumeirah Bay X2 Tower,
Plot No: JLT-PH2-X2A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
D : +44 (0) 20 3287 4268
F : +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: Future Market Insights
LinkedIn | Twitter | YouTube
Report: https://www.futuremarketinsights.com/reports/glass-bottles-market
SOURCE Future Market Insights
The post Glass Bottles Market Sales to total US$4.8 bn by 2031 amid Demand for Alternative Reusable Packaging Bottles: Future Market Insights finds in Latest Survey first appeared on Market Research Blog.
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