What is Glass Bottles Market Scope?
Glass bottles and containers offer a perfect way to keep the consumables safe, fresh, and healthy for a longer amount of time and simple transport. Glass Bottle is 100% utile, that makes it a fascinating packaging possibility from the environmental point of view. Glass bottles are majorly utilized in the alcoholic and non-alcoholic beverage trade, because of their ability to take care of chemical immobility, sterility, and non-permeability.
The Glass Bottles market study is being classified by Type (Clear, Opaque and Stained), by Application (Food and Beverage, Beer, Pharmaceuticals, Cosmetics and Other) and major geographies with country level break-up.
The global market for glass bottles in fragmented by the global players to serve the global demand for the glass bottles in different application in food and beverages industry and pharmaceuticals for the chemically inert glass bottles. The players should focus on innovative packaging and efficient processing techniques with disposal infrastructure in order to reuse the glass wastage to build a ecosystem.
Owen Illinois, Inc. (United States), Ardagh Group, SA (Ireland), S. A. B. de C. V. (Mexico), Vidrala, S.A. (Spain), BA Glass B.V. (Portugal), AGI Glasspack Limited (India), Frigoglass Jebel Ali FZCO (United Arab Emirates), Consol Glass (Pty) Ltd (South Africa), Toyo Glass Co., Ltd. (Japan) and Gerresheimer AG (Germany) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Vetropack Holding AG (Germany), Borosil Glass Works Ltd (India), Carib Glassworks Limited (Trinidad) and Piramal Glass Private Limited (India).
Analyst at AMA have segmented the market study of Global Glass Bottles market by Type, Application and Region.
On the basis of geography, the market of Glass Bottles has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Europe region held largest market share in the year 2020.
Market Influencers and their development strategies
In 2020, Owens-Illinois Inc. and Krones AG, a German company, merged to increase innovations in their glass packaging segment. The partnership aims to upgrade and enhance glass filling, packaging speed line and efficiency with enhanced agility, flexibility.
Influencing Market Trend
- Product Development like Attractive Bottle Shapes for Fancy Showcasing
- Rise in Demand of Beverages and Health Drinks in Glass Bottles due to Chemical Inactivity and Safer Servings
- Rise in Demand Pharmaceutical Sector Glass Bottle Packaging
- Growth in Premium Fragrances Adaptation for Premium Packaging of Glass Bottles
- High Cost in Production Process And High energy Consumption
- Availability of Substitutes like Biodegradable Plastic Packaging
Key Target AudienceGlass Bottles Manufacturer, Distributor/Supplier, Raw Material Supplier, Research Institutes, End User Industry and Others
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Frequently Asked Questions (FAQ):
1. At what growth rate would the Glass Bottles market expands?
The Global Glass Bottles market is expected to see a growth of % during projected year 2020 to 2026.
2. Who are the prominent players of the Global Glass Bottles market?
The prominent players of Global Glass Bottles market are Owen Illinois, Inc. (United States), Ardagh Group, SA (Ireland), S. A. B. de C. V. (Mexico), Vidrala, S.A. (Spain), BA Glass B.V. (Portugal), AGI Glasspack Limited (India), Frigoglass Jebel Ali FZCO (United Arab Emirates), Consol Glass (Pty) Ltd (South Africa), Toyo Glass Co., Ltd. (Japan) and Gerresheimer AG (Germany), to name a few.
3. What are the top priorities to focus for Glass Bottles marketís growth?
In this highly competitive & fast evolving Glass Bottles industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.