Glass Packaging Market in Europe 2018-2022 | Evolving Opportunities With Ardagh and O-I | Technavio
LONDON--(BUSINESS WIRE)--Nov 28, 2019--
Technavio has been monitoring the glass packaging market in Europe and the market is poised to grow by USD 1.39 billion during 2018-2022 at a CAGR of over 2% during the forecast period. Request Free Sample Pages
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Technavio has announced its latest market research report titled glass packaging market in Europe 2018-2022. (Graphic: Business Wire)
Read the 80-page research report with TOC on “Glass Packaging Market in Europe Analysis Report by End-user (Beverages industry, Food industry, Pharmaceutical industry, and Other industries), Geography (Germany, Italy, and Rest of Europe), and Segment Forecasts, 2018-2022”.
The market is driven by the rising compatibility of glass as a packaging material. In addition, the demand for sustainable packaging is anticipated to further boost the growth of the glass packaging market in Europe.
Glass is ideal for packaging as it is impermeable and non-porous in nature. It does not affect the taste or flavor of food products because it is chemically inert. In addition, the increase in environmental issues is driving the demand for environment-friendly packaging materials such as glass. It is rated highest in terms of safety by Generally Recognized as Safe (GRAS) ratings. Further, glass is completely recyclable. Thus, the rising compatibility of glass as a packaging material is expected to drive market growth during the forecast period.
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Major Five Glass Packaging Market in European Companies:
Ardagh is headquartered in Luxembourg and operates the business under various segments such as Metal packaging Europe, Glass packaging Europe, Metal packaging Americas, and Glass packaging North America. The company offers packaging products for several products such as Beer, Flavored alcoholic beverages, Spirits, Food, Wines, and Non-alcoholic beverages.
O-I is headquartered in the US and offers products through the following business units: Europe, North America, Latin America, and Asia-Pacific. The company offers product such as Beer bottles, Wine bottles, Spirits bottles, Non-alcoholic beverages packaging, Pharmaceutical packaging, Food packaging, Tableware, etc.
Verallia is headquartered in France and operates under the business segment Verallia glass containers. The company offers products such as glass bottles for the packaging of spirits, beer, oil, fruit juice, wine, champagne, cider, and other non-alcoholic beverages.
Vetropack is headquartered in Switzerland and offers products through the following business segments: Glass packaging and Specialty glass. The company offers products such as Beer bottles, Wine bottles, Spirit bottles, Soft drinks and Mineral water bottles, Fruit juice and Food containers.
Vidrala is headquartered in Spain and offers products through the following business segments: Continental Europe and UK/Ireland. The company offers packaging for products such as Oils and vinegar, Beers and Spirits, Preserved food, Sparkling and ciders, Wines, and Juices.
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Glass Packaging Market in Europe: End-User Outlook (Revenue, USD Million, 2018-2022)
Glass Packaging Market in Europe: Regional Outlook (Revenue, USD Million, 2018-2022)
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INDUSTRY KEYWORD: PACKAGING OTHER MANUFACTURING MANUFACTURING
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PUB: 11/28/2019 02:30 AM/DISC: 11/28/2019 02:30 AM