The global glass bottles market is expected to register significant growth in the forecoming years. Major factors driving growth of the global glass bottles markets are, increasing demand for convenience and on-the-go food and beverages across the globe. In addition, increasing consumption of alcoholic drinks among the younger age crowd, rising disposable income, are the factors boosting the demand for glass bottles.
The global glass bottles market report has been segmented on the basis of manufacturing process, application, and region.
On the basis of manufacturing process, the global glass bottles market has been segmented into moulded and tubular.
On the basis of application, the global glass bottles market has been segmented into alcoholic beverages, food, carbonated soft drinks, ready to drink, pharmaceutical, cosmetics, and others.
On the basis of region, the global glass bottles markets segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
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In 2018, Europe glass bottles market is expected to account for major share in the global market in terms of revenue, and is expected to maintain its dominance over the forecast period, due to growing working population coupled with increasing demand for ready to go food and beverages the country in the region. However, Asia Pacific glass bottles market is projected to register highest CAGR in the next five years, due to growing number of tourists every year and rising demand for innovative packaging in the region.
Key players operating in the global glass bottles market includes Central Glass Co., Ltd., Owens-Illinois, Inc., Consol Glass (Pty) Ltd., Frigo Glass Jebel Ali Fzco, Hng Float Glass Limited, Vidrala SA, Vitro SAB de CV, AGI Glasspack Limited, Ardagh Group SA, and BA Vidro, S.A.