06232017Headline:

Global $66 Billion Glass Containers Market Trends and Forecasts 2016-2022 – Research and Markets

May 30, 2017 - (Newswire)

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Research and Markets has announced the addition of the "Global Glass Containers Market - By Regions and Vendors - Market Trends and Forecasts (2016-2022)" report to their offering.

The annual production of glass containers was 51.42 MMT in 2016 and is estimated to reach 62.95 MMT by 2022 growing at a rate of 3.43%. From the demand side, the glass containers market was 52.89 billion USD in 2016 and is forecasted to reach 66 billion USD by 2022 at a CAGR of 3.76% for the period.

The glass container market was led by APAC region with a market share of 35% closely followed by Europe in 2016. Moreover, APAC is the fastest growing market for the forecasted period making it the region of focus for the glass container suppliers. Alcoholic beverages industry lead the glass container market with around half of the market share in 2016. These products are being the preferred source of packaging over plastic containers as a result of its advantages.

Factors like growing end use industries market, sustainability, and industry trends like light weight products are driving the market while factors like fluctuations in raw material prices, logistics are hindering the growth of the market.

Tempered glass bottles jointly developed by Vetropack and Emhart are expected to hit the market in the 1st half of 2017. The success of this project will significantly change the dynamics of the industry.

The main companies in Europe are Owens-Illinois, Ardagh, Verallia, Vidrala, Bormioli, Vetropack and Gerresheimer. Glass bottles industry is a consolidated market with top 6 companies holding the crux of the market share. The industry is striving on bringing in innovations to the products making them more eco-friendly and customer preferable. Light weighting - an important industry trend, resulted in reduction of glass bottles weight by 40% over the past decade. The industry is witnessing a lot of mergers and acquisitions, consolidation of the companies to be able to compete in the market.

Key Topics Covered:

1. Research Methodology

2. Market Overview

  • Overview
  • Industry Value Chain Analysis
  • Industry Attractiveness - Porter's 5 Force Analysis
  • Bargaining Power of Suppliers
  • Bargaining Power of Consumers
  • Threat from new entrants
  • Threat from subsititute products
  • Competitive rivalry within the industry
  • Industry Policies

3. Market Dynamics

  • Introduction
  • Drivers
  • Downstream demand
  • Light weighting
  • Restraints
  • Increase in Raw Material prices
  • Opportunities
  • India

4. Glass Containers Market Segmentation, Forecasts and Trends - by Volume, by Revenue

5. By Color

  • Amber
  • Flint
  • Green
  • Others

6. By Vertical

  • Alcoholic Beverages
  • Non Alcoholic Beverages
  • Food
  • Cosmetics
  • Pharmaceutical
  • Others

7. By Region

8. Global Vendor Market Share Analysis

9. Supplier Intelligence - Profiles

  • AGI Glasspac
  • Amcor
  • Ardagh
  • BA Vidro
  • Carib glass
  • Central Glass
  • Consol glass
  • Fevisa
  • Frigo glass
  • HNG
  • Nampak
  • Quinn glass
  • Vidrala
  • Vitro
  • Arab pharmaceutical glass
  • Cospack
  • Meg glass
  • Orora
  • Owen Illinois
  • RAK Ghani
  • Saudi glass
  • Siam glass
  • Thai glass
  • Verallia
  • Vetreria
  • VOA
  • Zim glass
  • Others

10. Investment Analysis

  • Recent Mergers and Acquisitions
  • Investment Scenario and Opportunities
  • Future of Glass Containers Market

For more information about this report visit www.researchandmarkets.com/research/7mwjsr/global_glass

Media Contact:

Laura Wood, Senior Manager
press@researchandmarkets.com

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SOURCE Research and Markets

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Original Source: https://www.newswire.com/news/global-66-billion-glass-containers-market-trends-and-forecasts-2016-2022

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