London, 01 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Glass Packaging Market 2014-2018, which is expected to grow at a CAGR of 3.18 percent during the forecast period of 2013-2018.
“The growth of non-cyclic industries such as the F&B and Pharmaceutical industries contributes to the growth of the Global Glass Packaging market,” says Faisal Ghaus, Vice President of TechNavio.
“Developing countries such as China and India in the Asia Pacific region have the highest demand for glass packaging.
Key Market Drivers
- Increased Beer Consumption Increasing Demand for Glass Containers
- Growing Demand from Healthcare Industry
- Rise in Disposable Income Worldwide
Key Market Trends
- Increased Awareness about Environmental Benefits of Glass Packaging
- Popularity of New Lightweight Glass Packaging
- Increased Demand from APAC Region
Key Market Vendors
- Ardagh Group
- Gerresheimer AG
- Owens-Illinois Inc.
- Saint-Gobain SA
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%…
