Glass Packaging Market - Size, Share, Growth, Trends and Forecast 2014 – 2020

Transparency Market
Research
Glass Packaging Market - Global Industry Analysis,
Size, Share, Growth, Trends and Forecast 2014 - 2020

Published Date
30-Dec-2014

102 Page Report

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Press Release

Global Glass Packaging Market is Expected to Reach US$ 55.24
Bn by 2020 : TMR
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Glass Packaging Market

REPORT DESCRIPTION
Glass Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020
Transparency Market Research has published a new market report titled “Glass Packaging Market - Global
Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020.” According to the report, the
global glass packaging market was valued at US$ 40.32 Bn in 2013 and is likely to reach US$ 55.24 Bn by
2020, expanding at a CAGR of 4.6% during the forecast period, between 2014 and 2020. In terms of volume,
the global demand for glass packaging stood at 54,246.8 kilo tons in 2013.
Browse the full Glass Packaging Market for Food & Beverages, Pharmaceuticals, Beer and Other
Alcoholic Beverages - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
report at : http://www.transparencymarketresearch.com/glass-packaging.html
Dark colored glass bottles are often used in packaging beer, as glass deflects UV rays, thereby reducing the
occurrence of “skunky” beer. Rise in global consumption of beer is expected to be one of the primary factors
driving the glass packaging market. Growth of the healthcare industry and higher usage of glass bottles for
storage of medicines due to its sterility and reusability is also anticipated to increase demand for glass
packaging over the next few years. However, rising popularity of plastics and its increasing scope of application
for packaging are likely to hamper market growth. Increasing consumer...