London, 24 September 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Procurement of Glass Bottles Market 2014-2018, which is expected to grow at a CAGR of 3.62 percent during 2013-2018.
“The growing preference toward beer packaged in glass bottles because of the inertness of glass and its enhanced shelf-life is anticipated to contribute significantly to the evolution of this market,” says Faisal Ghaus, Vice President of TechNavio.
Key Market Drivers
- The aging world population
- The inclination toward nuclear families and smaller households
- The increasing trend of customers toward convenience
- Growing health concerns among consumers
- “On the Go” fashion lifestyle among customers with time constraints
- Rising need for brand segregation in a highly competitive environment
- New developments in packaging materials
- The drive to buy in smaller packing sizes as the frequency of families eating together is low
- Awareness of environmental issues, and the implementation of new regulations on packaging or recycling
Key Market Trends
- Glass Bottles Procurement: Pricing Trend
- Glass Bottles Storage and Warehousing: Major Concerns
- End-users: Buying Trends
- Regulatory Agencies: Vital Role in Glass Bottles Supply Market
Key Market Vendors
- Owens-Illinois
- Saint-Gobain
- Ardagh
- Gerresheimer
- Vetropack
- Vidrala
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
