Glass Packaging Market Analysis, Size, Share, Industry Growth, Trends and Forecast to 2020: Hexa Research

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Glass Packaging Market Size, Share, Industry Analysis, Growth,
Trends and Forecasts, 2012 To 2020: Hexa Research
Glass packaging market has been witnessing strong growth over the last few years on account
of increasing demand from liquor & beer industries, and the trend is expected to continue over
the forecast period. Furthermore, rising consumption of beer across the world is anticipated to
strengthen the global glass packaging market growth over the foreseeable period. Increasing
demand for functional food and beverages coupled with changing life styles of consumers is
anticipated to be the key factor driving the global glass packaging market over the projected
period. Increasing environmental concerns across the world is the key factor to promote glass
packaging industry over the next five years owing to its eco friendly and recyclable property.
Glass material is highly resistant to aqueous and acidic solutions. This property of glass
materials found numerous packaging applications in major industries including chemicals,
alcohols, liquor & beer and foods & beverages. Growth of these end-use industries is further
expected to drive the market over the forecast period. Increasing application scope of glass
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packaging in pharmaceuticals is expected to open new avenues for the market over the next
five years. However, growing awareness towards the cost benefits of plastic packaging is likely
to impact glass packaging market growth negatively.
Application Insights
Beer industry has been the largest application segment for glass packaging over the last
decade and the trend is expected to continue over the forecast period. Glass reduces UV rays
effect and prevents beers and other alcoholic beverages from spoilage. This property of glass
increased the consumption of glass in packaging beer and alcoholic beverages over the past
few years. Growth of beer manufacturing industries in regions including Asia Pacific and Europe
is anticipated to boost the glass packaging demand in the region. Availability of different flavors
of beers coupled with increasing disposable income of consumers is the key driver to boost the
demand of beers across the globe. This trend is expected to drive glass packaging market over
the next five years. Alcoholic beverages witnessed to be the second major application segment
for glass packaging market followed by foods & beverages. Foods and beverages industry
witnessed strong growth over the past few years owing to increasing functional foods and
beverages demand. In addition, rising application scope of glass packaging in pharmaceuticals,
cosmetics & personal care products, and chemical industries are anticipated to drive the market
over the foreseeable period. However, plastic packaging and metal cans may replace the
application of glass packaging in major application like cosmetics, perfumes, chemicals and
aerosols. These factors are expected to hamper the market growth in near future.
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Regional Insights
Asia pacific was the largest regional market for glass packaging owing to increasing
consumption of beer in this region. In Asia Pacific, China holds the major market share of beer
in terms of consumption. Europe has been witnessing high growth over the past few years on
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account of increased consumption of beer by young generation in Eastern Europe. North
America is anticipated to witness significant growth over the forecast period owing to increasing
demand from end-use industries in this region. Countries such as Poland and Norway are
expected to witness strong growth over the next five years owing to the fastest growth of beer
market in these regions.
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Competitive Insights
Glass Packaging market is highly fragmented in nature with the presence of huge number of
small and medium scale companies in this market. Some prominent players present in the
market include Amcor Limited, Saint-Gobain S.A., Hindusthan National Glass & Industries
Limited, Bormioli Rocco SPA, Owens-Illinois, Inc., Ardagh Group, and Vetropack Holding AG.
Table of Contents
Chapter 1 Executive Summary
1.1 Glass Packaging - Industry Summary & Critical Success Factors (CSFs)
Chapter 2 Glass Packaging Industry Outlook
2.1 Market Segmentation
2.2 Market Size and Growth Prospects
2.3 Glass Packaging Value Chain Analysis
2.4 Glass Packaging Market Dynamics
2.4.1 Market driver analysis
2.4.1.1 Growing use of glass packaging in pharmaceuticals
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2.4.1.2 Growing beer market
2.4.2 Market restraint analysis
2.4.2.1 Growing use of substitutes such as plastics
2.5 Key Opportunities Prioritized
2.6 Industry Analysis - Porter’s
2.7 Glass Packaging - PESTEL Analysis
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Glass packaging market has been witnessing strong growth over the last few years on account of increasing demand from liquor & beer industries, and the trend is expected to continue over the forecast period. Furthermore, rising consumption of beer across the world is anticipated to strengthen the global glass packaging market growth over the foreseeable period.