Latin America Glass Packaging Market - Market Trends and Forecasts (2015 - 2020)
Latin America glass packaging market is estimated to grow from $xx.xx billion in 2014 to $xx.xx billion in 2020. Urbanization, changing consumer preferences and growth in demand for beverages and alcoholic drinks has led to increase in demand for glass packaging solutions by manufacturers of these products. The market is expected to continue to witness moderate growth over the forecast period.
Glass is one of the most preferred material for packaging of food, beverages, pharmaceuticals, personal care products and others. Properties like no reaction with other chemicals, sterility and reusability makes it excellent packaging material. The other major advantage of glass packaging is that it can be molded into various shape and sizes, facilitating its use across different industry verticals.
Even though, glass remains preferred packaging material for variety of products, growing usage of plastics as a replacement for glass will hamper the market growth. Advancements in field of plastics for safe usage in different application will restrict the glass as a material for packaging.
What is there in report?
1) Report gives complete market insights, the driving forces of the market, the challenges it faces and the opportunities in the current market scenario
2) A complete market segmentation has been done on the basis of different packaging and product types along with detailed analysis for the next 5 years
3) Complete market breakdown has been done by different countries to give a detailed picture of the glass packaging market
3) The report also gives information of major vendors of glass packaging products, their existing share in the market, strategies they adopt along with the major products, financials, recent developments and profile of these vendors.
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