Title: Glass Packaging Market - Forecast(2021 - 2026)
1Glass Packaging Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Modern day lifestyles have altered our
consumption patterns, and the beverage industry
is leveraging this trend. Compactness and
mobility in terms of packaging of products are
the lucrative characteristics being offered by
the modern brewing sector to construct additional
opportunities of revenue. - In terms of revenue earned by non-alcoholic
beverages, PepsiCo reported an annual revenue of
63.5 billion in the same year. Increasing
beverage consumption has generated demand for
efficient packaging trends with provisions for
longer shelf life, aroma retention, heat
insulation, sealing and barrier against moisture.
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Key Takeaways
- Implementation of stringent bans on the use of
plastic by countries worldwide is a major factor
diverting substantial traffic from plastic
packaging towards the eco-friendly and recyclable
glass packaging market. - As per the Plastic Oceans Organization, more
than eight million tons of plastic are dumped
into the oceans every year and owing to such
alarming circumstances, the U.N. launched the
CleanSeas campaign to eliminate marine litter by
2022.
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By Distribution Channel- Segment
Analysis Beverages is an application segment
under the glass packaging market, which also sees
application across industries including food,
pharmaceuticals, and cosmetics with eco-friendly,
recyclable and sustainable products. Ban on
plastic globally is shifting packaging demand
towards glass, with demand growing at a global
CAGR of 4.7 during the forecast period of
2019-2025.
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- Glass Packaging Market Industry Outlook
- Saint-Gobain S.A,
- Owens-Illinois,
- Bormioli Rocco SPA,
- Schott AG,
- Heinz Glass,
- Ardagh Group SA,
- Vidrala,
- Gerresheimer AG,
- Vetropack Group,
- Orora Packaging Australia Pty Ltd,
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Glass Packaging Market - Forecast(2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/15171/glass-pac
kaging-market.html
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We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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