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Glass Packaging Market Size, Revenue, Growth, Worth, Segmentation, Industry Forecast by 2028

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Rushab Adsule

The global glass packaging market size is projected to reach USD 81 billion by the end of 2027. The rising demand for glass material across the world will aid the growth of the market in the coming years


The glass packaging industry involves the manufacturing and distribution of various types of glass containers and bottles for the packaging of food and beverages, pharmaceuticals, cosmetics, and other products. The industry is a vital part of the global packaging market and is expected to continue to grow in the coming years.

The manufacturing process of glass packaging involves the melting of raw materials such as silica, soda ash, and limestone at high temperatures, which is then molded into different shapes and sizes. The finished product is then sterilized and packaged for distribution to various industries.

The glass packaging industry has several advantages over other types of packaging, including its ability to preserve the flavor and freshness of food and beverages, its recyclability, and its durability. Glass is also non-toxic and does not release harmful chemicals into the environment, making it an environmentally friendly packaging option.

However, the glass packaging industry also faces challenges, such as the high cost of manufacturing, transportation, and storage. Glass is also heavy and fragile, which increases the risk of breakage during transportation, and can add to the carbon footprint of the packaging.

Despite these challenges, the glass packaging industry continues to play a critical role in the global packaging market, and manufacturers are continually developing new technologies and materials to improve the sustainability and efficiency of glass packaging.

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

Browse Summary of This Research:

https://www.fortunebusinessinsights.com/glass-packaging-market-102812


List of companies profiled in the market:

  • Ardagh Group S.A. (Ireland)
  • Anchor Glass Container Corporation (BA Glass B.V.) (U.S.)
  • Verallia (U.S.)
  • Owens-Illinois Inc. (U.S.)
  • TOYO GLASS CO.,LTD. (Japan)
  • Heinz Glas GmbH (Germany)
  • Vetropack Group (Switzerland)
  • AGI Glasspack Ltd. (India)
  • Yantai NBC Glass Packaging Co., Ltd. (China)
  • Yantai Changyu Glass Co., Ltd. (China)


Industry Developments:

March 2020: BG Container Glass (BGC announced that it has allocated USD 92.22 million for the acquisition of three major companies in the glass packaging chain to decrease its dependence on external sources and increase in-house capabilities.

 

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