Glass Packaging Market worth $59,814.3 Million by 2019 - Report by MarketsandMarkets

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Glass Packaging Market Research Report provides a detailed qualitative and quantitative analysis and competitive scenarios of top players in the global glass packaging market. (http://www.marketsandmarkets.com/Market-Reports/glass-packaging-market-149119613.html)

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Some of the key market participants that deal in glass packaging include Amcor Limited (Australia), Owens-Illinois, Inc. (U.S.), Saint-Gobain S.A. (France), and Hindustan National Glass & Industries Limited (India).

The report, “Glass Packaging Market by Applications and by Geography - Global Trends & Forecast to 2019” ,defines and segments the global market with an analysis and forecast for applications and geography by volume as well as value.

Browse 76 market tables and 58 figures spread through 125 slides and in-depth TOC on "Glass Packaging Market "
http://www.marketsandmarkets.com/Market-Reports/glass-packaging-market-149119613.html
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The Global Glass Packaging Market is expected to grow at a CAGR of 3.9% from 2014 to 2019 to reach a value of $59,814.3 million.

Emerging countries such as Brazil, Russia, India, China, and South Africa (BRICS) have immense growth potential in the glass packaging market in the coming years. In 2013, BRIC economies captured around 22% share of the world packaging market. The demand for packaging materials such as glass, metals and plastics is expected to grow in emerging markets due to increased consumption of beverage and food. The growing middle class drives the need for more sophisticated packaging of consumer goods, leading to increased demand of glass packaging.

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Asia-Pacific dominated the Glass Packaging market in 2013 in terms of value. The North American market is mature in nature and hence is expected to witness slow growth in food and alcoholic beverage packaging application. Glass is cheaper in Asia-Pacific due to availability of silica in large quantities as compared to the other regions.

Alcoholic beverage application takes top position in the Glass packaging market

Alcoholic beverage application takes the topmost position in the glass packaging market with around 58.3% share by value in 2013 while the fastest growth till 2019 in the glass packaging market is expected to come from applications such as pharmaceutical beverage packaging.

Pharmaceutical packaging is the fastest growing segment in the Glass packaging market

Pharmaceutical packaging application is expected to have the highest growth. It is estimated to grow at a CAGR of 4.2% in terms of value from 2014 to 2019.

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Browse Related Report:

Plastic Films & Plastic Sheets Market by Application (Flexible & Non-Flexible Packaging, & Non-Packaging) & Type (LDPE, LLDPE, HDPE, CPP, BOPP, Polyester, PVC, Polyamide, EVOH, PLA, PVDC, PVOH, Polycarbonate & Others) - Global Trends & Forecasts to 2018.
http://www.marketsandmarkets.com/Market-Reports/plastic-films-plastic-sheets-market-1318.html

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