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Glass Packaging Market is Expected to Reach USD 59.94 billion in 2019: Transparency Market Research

September 25, 2013

ALBANY, New York, September 25, 2013 /PRNewswire/ –

According to a new report published by Transparency Market Research “Glass Packaging
Market for Food and Beverage, Pharmaceuticals, Beer and Other Alcoholic Beverages – Global
Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019,” the global
market for glass packaging was valued at USD 47.43 billion in 2012 and is expected to
reach USD 59.94 billion by 2019, growing at a CAGR of 3.4% from 2013 to 2019. In terms of
volume, global demand was 45.71 million tons in 2012 and is expected to grow at a CAGR of
3.1% from 2013 to 2019.

Browse the full report with complete TOC at

http://www.transparencymarketresearch.com/glass-packaging.html

Dark colored glass bottles are often used in packaging of beer as glass helps in
deflecting 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. In addition, the growth of the healthcare industry and rising use of
glass bottles for storage of medicines due to its sterility and reusability is expected to
augment the demand for glass packaging over the next few years. However, growing
popularity of plastics and its increasing application scope for packaging is expected to
hamper the growth of the market. Growing consumer preference towards glass for packaging
of food, beverages and chemicals is expected to open new opportunities for the growth of
the market over the next few years.

Alcoholic beverages (excluding beer) were the largest application segment of the glass
packaging market and accounted for over 50% of the total demand in 2012. However, the
consumption of glass in the packaging of beer is expected to witness the fastest growth on
account of increasing consumption in Asia Pacific and Eastern Europe coupled with the
preference towards glass as packaging material. Alcoholic beverages and pharmaceuticals
are expected to show robust demand for glass packaging over the next few years due to its
sterility.

Asia Pacific was the largest market for glass packaging and accounted for over 16.1
billion of the overall revenue in 2012. Growing consumption of beer and alcoholic
beverages in countries such as India, China, Thailand, Australia and Indonesia are
expected to boost the demand for glass as packaging medium in these countries. Europe was
the second largest market for glass packaging accounting for over 13.34 million tons of
overall demand in 2012.

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Profiles of key participants in the report include Ardagh Group, Gerresheimer,
Owens-Illinois, Saint Gobain, Vetropack and Vidrala among others. The report comprises of
the following segments:

Glass Packaging Market: Application Analysis

Alcoholic beverages (Excluding beer)

Beer

Food & beverages

Pharmaceuticals

Others (Personal care products, chemicals)

The report provides a cross-sectional analysis of the above application segments with
respect to the following regions:

North America

        - U.S.

Europe

        - France
        - Germany
        - Italy
        - Portugal
        - Turkey

Asia Pacific

        - China
        - India

Rest of the World

        - Brazil

Browse all Chemical & Materials Market Research Reports @

http://www.transparencymarketresearch.com/chemical-market-reports-2.html

About Us

Transparency Market Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of quantitative forecasting
and trends analysis provides forward-looking insight for thousands of decision makers. We
are privileged with highly experienced team of Analysts, Researchers, and Consultants, who
use proprietary data sources and various tools and techniques to gather, and analyze
information.

Our data repository is continuously updated and revised by a team of research experts,
so that it always reflects the latest trends and information. With a broad research and
analysis capability, Transparency Market Research employs rigorous primary and secondary
research techniques in developing distinctive data sets and research material for business
reports.

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