Market Revenue Glass Packaging Industry Key Opportunities, Value

Glass Packaging Industry Key Opportunities, Value Chain
Analysis, Demand Till 2020
“Glass Packaging Market is expected to witness lucrative growth in the
upcoming years on account of rising trend for alcoholic beverages and
increase in the number of the beer industry. In 2013, the size of the industry
was projected to be USD 48.97 billion.”
Global Glass Packaging Market is expected to witness lucrative growth in the upcoming years on account of
rising trend for alcoholic beverages and increase in the number of the beer industry. In 2013, the size of the
industry was projected to be USD 48.97 billion. An increasing number of beer industry and increasing demand
for alcoholic beverages in Asia Pacific and Eastern Europe is anticipated to escalate the growth of the industry
over the upcoming years. Glasses do not react with chemicals, and are reusable and highly sterile. Glass
packaging has its wide applications in pharmaceuticals, personal care products, food & beverages, cosmetics,
wines, beers and ciders. Glass bottles exist in numerous colors, sizes and shapes. Beer, ciders and wines are
packed in dark colored bottles owing to resistance for over-fermentation.
Growing implementation of glass packaging in food & beverages coupled with pharmaceuticals sector in light of
its non-corrosive property is anticipated to fuel the demand. Moreover, numerous features including non-
permeability, recyclability, and no reactions chemicals makes it an appropriate packaging material for numerous
applications which include beverages, soft drinks, medical and beer. Rising consumer health awareness coupled
with improving living standards is expected to stimulate glass packaging demand in pharmaceutical sector. Glass
being ecological coupled with various on-going research and development to improve packaging, and to develop
glasses which are 50% lighter when compared to the traditional forms, thus, the demand is anticipated to
witness enormous potential over the next few years. Metal cans and plastic bottles act as substitutes to glass
owing to their low cost and light weight.
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