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Glass Bottles Market is Anticipated to Register at a Healthy CAGR of 4.9% During the Forecast Period 2017 – 2022 – Future Market Insights

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Glass Bottles Market is Anticipated to Register at a Healthy CAGR of 4.9% During the Forecast Period 2017 – 2022 – Future Market Insights

November 02
19:06 2020
Glass Bottles Market is Anticipated to Register at a Healthy CAGR of 4.9% During the Forecast Period 2017 - 2022 - Future Market Insights

Future Market Insights
Ready-to-Drink Beverage Packaging Application of Glass Bottles to Register High CAGR through 2022

Compared to plastic bottles, glass bottles demonstrate diminutive competency with respect to their characteristics as a packaging commodity. Despite this, the global demand for glass bottles continues to surge like the effervescence of carbonated drinks. Consumers in developed markets such as Europe still prefer buying beer, wine or non-alcoholic beverages in glass bottles. Unlike plastic bottles, glass bottles continue to be identified for their characteristic advantage in terms of hygiene, aesthetic appeal, durability, and being impermeable.

Manufacturers of food and beverage products are actively adopting glass bottles as their packaging solutions, considering how these bottles can keep the item intact and also retain its true flavour over a long time period. Being diffusion-resistant, glass bottles have also been viewed as vital containers for storing volatile compounds, highly-reactive detergents and bleaching agents. Such products are predominantly used by consumers in the form of pharmaceuticals, domestic surfactants, and cosmetic goods.

According to Future Market Insights, the demand for glass bottles will soar steadily over the next five years. By 2022, the global glass bottles market is anticipated to have reached a value of US$ 71 billion, reflecting a CAGR of 4.9%. The report also projects that Asia-Pacific excluding Japan (APEJ) will remain at the forefront of market expansion during the forecast period.

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APEJ to Showcase Promising Opportunities for Glass Bottle Manufacturers

The report reveals that APEJ will remain the largest market for glass bottles through 2022. The region will particularly exhibit higher participation of companies, considering the competitive advantage of manufacturing glass bottles in low-wage countries such as China and India. The APEJ region is also viewed lucrative for manufacturing of glass bottles owing to ample availability of resources, increasing production of raw silica, and favourable industrial regulations. Over the forecast period, the APEJ glass bottles market is anticipated to grow robustly by registering a CAGR of 6.6%.

North America, on the other hand, will be exhibiting a moderate growth in its glass bottle sales. Despite the booming food & beverage consumption in the US, North America’s glass bottles sales are anticipated to procure close to US$ 15 billion revenues by the end of 2022. Europe is also anticipated to show sluggish growth in terms of glass bottle sales across packaging applications. The report further projects that by the end of forecast period, Japan’s glass bottle market will have reached a value of US$ 2.3 billion.

For any Queries Linked with the Report, Ask an [email protected] https://www.futuremarketinsights.com/ask-question/rep-gb-5122

Key highlights from the report:

  • The report projects that application of glass bottles in packaging of ready-to-drink beverages will gain impressive traction in 2017 and beyond
  • In 2017, more than one-fifth share of global revenues procured will be accounted by application of glass bottles in packaging of beers
  • Throughout the forecast period, manufacturers will focus on producing glass bottles through moulding processes
  • Towards the end of the forecast period, tubular manufacturing of glass bottles will witness a considerable dip in terms of adoption

The report has profiled leading manufacturers of glass bottles in the global market. Companies profiled in the report include: Central Glass Co., Ltd., Consol Glass (Pty) Ltd., Vitro SAB de CV, Frigo Glass Jebel Ali Fzco, Owens-Illinois, Inc., Hng Float Glass Limited, Ardagh Group SA, AGI Glasspack Limited, Vidrala SA, and BA Vidro, S.A. Over the next five years, several manufacturers are anticipated to adopt new bottle designs and innovative manufacturing process while striving to compete with the outpacing adoption of plastic bottles in the packaging world.

Table Of Content

1. Global Glass Bottles Market – Executive Summary

2. Global Glass Bottles Market Overview

2.1. Introduction

2.1.1. Global Glass Bottles Market Taxonomy

2.1.2. Global Glass Bottles Market Definition

2.2. Global Glass Bottles Market Size (US$ Mn) and Forecast, 2012-2022

2.2.1. Global Glass Bottles Market Y-o-Y Growth

2.3. Global Glass Bottles Market Dynamics

2.4. Value Chain

2.5. Cost Structure

2.6. Pricing Analysis

2.7. Trade Analysis

2.8. List of Distributors

2.9. Key Participants in the Market

3. Global Glass Bottles Market Analysis and Forecast By Manufacturing Process

3.1. Global Glass Bottles Market Size and Forecast By Manufacturing Process, 2012-2022

3.1.1. Molded Market Size and Forecast, 2012-2022

3.1.2. Tubular Market Size and Forecast, 2012-2022

4. Global Glass Bottles Market Analysis and Forecast By Application Type

4.1. Global Glass Bottles Market Size and Forecast By Application Type, 2012-2022

4.1.1. Beer Market Size and Forecast, 2012-2022

4.1.2. Wine Market Size and Forecast, 2012-2022

4.1.3. Other Alcoholic Beverages Market Size and Forecast, 2012-2022

4.1.4. Food Market Size and Forecast, 2012-2022

4.1.5. Carbonated Soft Drinks Market Size and Forecast, 2012-2022

4.1.6. Ready to Drink Market Size and Forecast, 2012-2022

4.1.7. Pharmaceutical Market Size and Forecast, 2012-2022

4.1.8. Cosmetics Market Size and Forecast, 2012-2022

4.1.9. Other Applications Market Size and Forecast, 2012-2022

5. Global Glass Bottles Market Analysis and Forecast By Region

Download Complete TOC Of this Report @ https://www.futuremarketinsights.com/toc/rep-gb-5122

About Us

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centres in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and take critical decisions with confidence and clarity amidst breakneck competition

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