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Container Glass Market: Consumer Inclination Towards Sustainable Packaging to Heighten Growth Prospects

Jan 3rd 2019 at 10:59 PM

Rising preferences for sustainable packaging has bolstered adoption of glass containers and packaging solutions in recent years. Massive advances in F&B industries inclusive of alcoholic beverages are expected to unwind new growth possibilities for container glass market in foreseeable future. Such insightful market highlights have been gleaned in Market Research Hub's new research report titled, 'Container Glass Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026' added to its fast expanding online repository.

Customized Designs Aligning with End-User Expectations Remain Crucial Growth Strategy

Customized designs and innovative formats continue to remain pertinent growth strategies embraced by leading players in container glass market. Additionally, market players are also inclined towards adopting distinctive strategies such as improved glass containers with light weight built to offset threats from plastic packaging solutions.

In the light of surged demands for Celebration beer during festive occasions, leading market participant in container glass market, Ardagh Group has recently unrolled its versatile 500 ml Celebration bottle that is compatible with both crown or cork closure, thus addressing diverse consumer expectations. The bottle is also claimed to be thoroughly recyclable that supports affordable single serving mimicking consumer preferences for sustainable packaging. This recent development is expected to steer new growth possibilities in container glass market besides positioning Ardagh Group favorably on the growth trajectory.

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Bottles Packaging Segment to Incur Revenue Maximization

Detailed research elements findings inked in this section of the report allow readers to draw veritable insights on crucial micro and macro-economic factors besides offering an overview of significant factors and segments that influence growth in container glass market. This section of the report enumerates glass type, container type, forming process and end-use as pertinent market segments in container glass market. Based glass type, container glass market is segregated into type-1, type-2, type-3, and type-4. In terms of container type, container glass market exhibits packaging, tableware, and decorative containers as crucial segments. Packaging segment is further diversified into bottles, jars, and vials and ampoules. In terms of forming process, container glass market is classified into blow and blow forming, press and blow forming, Based on end-use, container glass market demonstrates packaging and non-packaging as chief segments. Packaging segment is further stratified into food packaging, beverage packaging, pharmaceuticals, and cosmetics and perfumery amongst others.

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In the trailing sections this report on container glass market offers crucial understanding on regional diversification of container glass market, based on which Europe, North America, Latin America, Middle East and Africa, and Asia-Pacific are identified as lucrative regional markets in container glass market.

Key Players: Container Glass Market

In the concluding sections of the report readers are offered decisive market insights on competition spectrum, highlighting leading market players along with their growth strategies and recent developments to retain their leading stance amidst stiff competition in container glass market. Key players profiled in the report include, Ardagh Group, Gerresheimer AG, Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, and Nipro Corporation are enlisted as dominant regional players.

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