Global Glass Packaging Market to Surge with Increasing Beer Consumption

Glass packaging refers to packing of beverages, chemicals, and food in various types of glass bottles and jars. Glass is extensively used for packing as it has exceptional barrier properties, high sterility, remains inert when it comes in contact with other chemicals, and is reusable. Owing to these reasons, glass is used for packaging pharmaceuticals, food and beverages, personal care products, cosmetics, ciders, and wines. The packing industry uses glass in various shapes, sizes, and colors to make the product attractive and eye-catchy. Colored glasses are specially used for packing alcoholic beverages, as they prevent over-fermentation of beer. This improves the shelf life of the content as well.

The global glass packaging market has been segmented on the basis of applications and regions. The applications of glass packaging are seen in sectors such as food and beverages, beer, alcoholic beverages other than beer, and others such as chemicals and personal care products. Regionally, the global glass packaging market is spread over regions such as North America, Europe, Asia, and Rest of the World.

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Alcoholic Beverages Packing Industry to Lead Demand from Glass Packaging Market

According to a research report published by Transparency Market Research, the application of glass packaging in the alcoholic beverages segment is expected to dominate the market in the coming years. Statistics show that this segment held about 40% of the market in 2013 in terms of volume. The alcoholic beverages segment will spur demand from the global glass packaging market, due to the increasing consumption of various kinds of liquors and beers across the globe. In the coming few years, glass packaging for beer is going to witness robust growth, as it prevents negative effects of UV rays and improves the shelf life of beer. Furthermore, the unique ability of glass packaging to offer sterility and stability from chemicals is expected to increase its demand from the pharmaceutical sector.

The research report further states that Asia Pacific was the biggest consumer of glass packaging in 2013. In the coming few years, this region is expected to grow at a CAGR of 5.3% in terms of revenue. The factors responsible for this growth are rising disposable incomes and adoption of Western lifestyles. Additionally, South Africa and Brazil are also expected to witness good demand for glass packaging, due to increasing consumption of alcoholic beverages.

Preference for Glass for Packing will be an Important Market Driver

The most important market driver for the global glass packaging market is the growing consumption of beer. Despite the alternative of metal packaging, glass continues to be the preferred material in the beer packaging market. The biggest competition to the glass packing industry in the beer market is the use of metal and plastic, both of which are expected to grow at a steady rate till 2020. The preference over other materials will make glass packaging the clear winner in the beer market over the next few years. Innovation, stability, flexibility of shape and size, and favorable chemical composition will boost the demand from this market in the coming years. The global glass packaging market will also witness great growth opportunities due to the exponentially expanding healthcare industry.

Some of the key players in the global glass packaging market are Ardagh Group, Amcor Ltd., Gerresheimer AG, Bormioli Rocco SpA, Hindusthan National Glass & Industries Ltd., Nihon Yamamura Glass Co Ltd., Koa Glass Co. Ltd., Owens-Illinois Inc., Saint-Gobain S.A., Piramal Glass Limited, Stölzle-Oberglas GmbH, Vidrala SA, Vetropack Holding AG, and Wiegand-Glas.

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