Showing posts with label Global Glass Packaging Market Leading Players. Show all posts
Showing posts with label Global Glass Packaging Market Leading Players. Show all posts

Thursday, November 1, 2018

Increased Consumption of Beverages to Drive Global Glass Packaging Market: Ken Research

Glass is one of the most trusted and tested packaging materials in terms of health, taste and the environment safety. It is made from readily-available domestic materials, such as sand, soda ash, limestone and cullet. It maintains the purity of food & beverages and preserves a product’s taste or flavor. It is 100% recyclable and can be recycled endlessly with no loss in quality or purity. Additionally, it consists of a single material, which reduces consumption of raw materials, extend the life of plant equipment such as furnaces and saves energy.

Glass has no crystalline structure. When it is free from stresses, it is optically isotropic. Its optical properties relates to degree of penetration of light and subsequent effect of transmission or wavelength. Its spectral transmission is determined by reflection at the glass surface and optical absorption.

According to study, “Global Glass Packaging Market Research Report - Forecast to 2022” some of the major companies that are working in the global glass packaging market are Owens-Illinois Inc., Ardagh Group, Vidrala S.A., BA Vidro, Gerresheimer AG, Vetropack Holding Company, Stolzle Glass Group, Verallia, Piramal Enterprises Limited, Wiegand-Glas GmbH, ZIGNAGO VETRO S.P.A., VERESCENCE, Luigi Bormioli Corporation, Vetrobalsamo S.p.A.

Glass is nonporous and impermeable, so there are no interactions between glass packaging and products to affect the flavor of food and beverages. It has an almost zero rate of chemical interactions ensuring the products inside a glass bottle to have their strength, aroma, and flavor.

The glass packaging market is mainly driven by various factors such as increased consumption of beverages, especially alcoholic beverages, and carbonated soft drinks. Some characteristics of glass packaging are zero chemical leaching, malleability and the non-reactive nature.

Glass manufacturing involves several process, which depend on the type of glass container, for mixing & melting, forming processes, wide mouth press & blow, narrow neck press & blow, annealing and surface treatments. Glass packaging keeps the products safe and healthy for longer periods because glass is non-reactive with many consumable and non-consumable products. Glass has a number of properties such as sterility, chemical inertness, and malleability, and water-resistance, which make it more appropriate for packaging a variety of perishable and non-perishable products.
On the basis of product, glass packaging market is segmented into standard glass quality, premium glass quality and super premium glass quality. On the basis of application, market is segmented into beverage packaging, pharmaceutical packaging, food packaging and personal care packaging. Beverage packaging is dominated the market during the forecast period.

Some of the basic principles of glass’s fracture analysis or diagnosis of the cause of breakage such as internal pressure resistance, vertical load strength, resistance to impact and resistance to scratches & abrasions. Internal pressures produce bending stresses at the outer surface. Internal pressure resistance is important for bottles for carbonated beverages, because the bottle is processed in boiling water or in pressurized hot water. Vertical load strength is defined by the shoulder design is important in minimizing breakage during high-speed filling and sealing operations. There are two forms of resistance impact: moving a container contacting a stationary object and moving object contacting stationary bottles. The global glass packaging market is expected to progress at 3.2% CAGR during the forecast period. In 2017, the Asia-Pacific was the leader of glass packaging market, with 34.3% share, followed by Europe and North America with shares of 27.9% and 22.0%, respectively. This market is expected to grow USD 61.2 billion by the end of 2021 at a CAGR of 4.3%

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Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91 9015378249

Thursday, October 18, 2018

Growing Landscape Of Global Glass Packaging Market Outlook: Ken Research


According to the report analysis, ‘Global Glass Packaging Market Research Report – Forecast To 2022 states that some of the major companies which are currently functioning in this market more effectively for acquiring the handsome amount of share across the globe and defect the extensive demand of the potential consumers includes Owens-Illinois Inc., Ardagh Group, Vidrala S.A., BA Vidro, Gerresheimer AG, Vetropack Holding Company, Stolzle Glass Group, Verallia, Piramal Enterprises Limited, Wiegand-Glas GmbH, ZIGNAGO VETRO S.P.A., VERESCENCE, Luigi Bormioli Corporation, Vetrobalsamo S.p.A and several others. Moreover, the glass packaging keeps the goods safe and healthy for longer period because glass is having non-reactive property with many consumable and non-consumable products. Furthermore, the glass is frequently known for its recyclability and reuse. This makes it the best packaging product for non-alcoholic, alcoholic and pharmaceutical products. Glass has numerous properties and advantages such as chemical inertness, malleability, water-resistance, sterility and several others which make it more appropriate for packaging a variety of perishable and non-perishable products.
The glass packaging market has become very much prominent in the recent trend as it attracted many consumers through its attractiveness and other applications. The glass is one of the most reliable and experienced packaging material in terms of taste, health and the environment safety. Glass packaging is 100.0% biodegradable and can be recycled, repeatedly without loss in purity and quality. Recently, nearby 80.0% of the glass that is recovered has been converted into new glass product. In addition, glass consists of a single material, which decreases energy and material waste in the time of production. Moreover, on the basis of application the glass packaging has been split into the global glass packaging market which includes Beverages packaging, Food packaging, personal care packaging, pharmaceuticals packaging and several others. Not only has this, by product also it is divided in the market differently which includes Standard Glass Quality, Premium Glass Quality, and Super Premium Glass Quality. Therefore, with the increase in the usage the global market of glass packaging will grow more significantly across the globe with the further development in the technology by which glass packaging will become more reliable and attractive.
The market of glass packaging is mainly operated by numerous key factors such as increased in the consumption of beverages which majorly includes alcoholic beverages and carbonated soft drinks is measured as one of the key factors behind the need for glass packaging.  Moreover, the growth in pharmaceuticals industry and several other benefits linked with glass packaging are predictable to be a few of the other drivers of the market in the near future. Whereas, on the basis of product in 2016, the standard glass quality held the largest market share of the global glass packaging market and on the basis of application, the beverage packaging has dominated the market during the coming years.
Geographically, the market of glass packaging is spread across the globe which include major regions such as North America, Europe, Asia-Pacific and rest of the world which majorly includes Middle East & Africa and South America. Whereas, the Europe is the second largest market for the global glass packaging as Europe has the highest alcohol consumption in the world. Moreover, the market of glass packaging will grow more significantly across the globe in the near future over the decades with the growing demand for alcoholic beverages and more innovations and development of personal care.
To know more, click on the link below:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-9015378249