Title: Europe Glass Packaging Market Share to Explore at 4.5% CAGR to 2024
1 Europe Glass Packaging Market Size to Dominate
Over 21bn by 2024 Graphical Research
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2 Increasing beer and other alcoholic beverages
consumption in the region is anticipated to
positively influence glass packaging market size
by 2024. Beer industry is one of the most crucial
sectors of Europe which is responsible for
driving European economy. Production as well as
sales of beer generates around USD 60 billion
annually for the government. Furthermore, Europe
is among worlds top beer producer and ranks
second globally. In Europe, around 44 of alcohol
is consumed in the form of beer and rest in the
form of wine and spirits. As the product has
major application in beer and other alcoholic
beverages, increasing consumption in the region
is expected to uplift the Europe glass packaging
market size in the forecast spell. According to
the Graphical Research new growth forecast report
titled Europe Glass Packaging Market By
Application (Alcoholic Beverages, Beer, Food
Beverages, Pharmaceuticals, Others), By Product
(Borosilicate, De-alkalized Soda Lime, Soda
Lime), Industry Analysis Report, Regional Outlook
(Germany, UK, France, Spain and Italy) size to
rise at USD 21 billion by 2024. Request for a
sample of this report _at_ https//www.graphicalresea
rch.com/request/1219/sample Glass packaging
market is segmented on the basis of product types
as de-alkalized soda lime glass, soda lime glass
and borosilicate. Borosilicate accounted for
approximately 25 of the overall business size.
Borosilicate glasses are generally used in
packaging of drugs and medicines. The product has
several other applications including cookware,
oven microwave, telescopes, semiconductors,
etc. On the other hand, glass packaged products
has applications in ample number of sectors
including pharmaceuticals, food beverages, beer
and alcoholic beverages. Glass containers are
primarily used in pharmaceutical industry owing
to various properties offered by glass. Glass
based
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3 - packaging materials are easy to sterilize,
chemically inert and therefore do not react with
the content and are generally impermeable with
water. Various pharmaceutical companies are also
investing in glass-based packaging worldwide. For
instance, Merck and Pfizer announced
collaboration with glass manufacturing company
Corning to offer innovative solutions for drugs
and cartridges. - Key Europe Glass packaging market participants
includes Honeywell International, Inc., Amcor
Ltd, MTS Medication Technologies, Sonoco Products
Company, Bemis Company, Inc., Reynolds Packaging,
WestPack, etc. - Europe Glass Packaging Market research report
includes in-depth coverage of the industry with
estimates forecast in terms of revenue in USD
million from 2013 to 2024, for the following
segments - Segments Covered in this Report
- Europe Glass Packaging Market Share, By Product
- Borosilicate
- De-alkalized soda lime glass
- Soda lime glass
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4 - Europe Glass Packaging Market Trend, By
Application - Alcoholic beverages (excluding beer)
- Beer
- Food beverages
- Pharmaceuticals
- Browse key industry insights along with Table of
Content _at_ https//www.graphicalresearch.com/indust
ry-insights/1219/europe-glass-packaging-market
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reserved.
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https//www.graphicalresearch.com/industry-insig
hts/1212/north-america-glass-packaging-market
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