Some of the major factors driving the growth of the global glass packaging market are up surging demand for glass packaging in Asia-Pacific, increasing urbanization, and large population base in the Asia-Pacific.
The increasing demand of glass packaging from pharmaceuticals and personal care industry is fueling the growth of the global glass packaging market.
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Moreover, the upsurge in demand for of glass packaging in the emerging economies, such as China, India, and Brazil, and high demand from the personal care and pharmaceutical industries are creating ample opportunities for the growth of the global glass packaging market during the forecast period.
Glass is non-crystalline solid, which is manufactured from natural raw materials, such as silica, limestone, and alumina. Glass is the most commonly used packaging material in various industries, such as pharmaceuticals, food, alcoholic beverages, medical, and personal care.
Geographically, Asia-Pacific leads the global glass packaging market, which is attributed to the increasing alcoholic consumption and growing demand from food and personal care industries. In addition, the significant growth of pharmaceutical industry in Asia-Pacific is indirectly propelling the growth of the glass packaging market in the region.
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The key players operating in the global glass packaging market are Bormioli Rocco SpA, Amcor Limited, Saint Gobain, Gerresheimer AG, Owens-Illinois Inc., Ardagh Group, Hindusthan National Glass & Industries Limited, Amcor, HEINZ Group, Koa Glass Co. Ltd., Tamron Co. Ltd., Piramal Glass Limited, Stolzle-Oberglas GmbH.
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