About glass packaging
Glass is used in the packaging of F&B, pharmaceuticals, chemicals, and cosmetics. Glass bottles and jars can be molded into a variety of shapes and dimensions, making them very appropriate for packaging. The inert nature of glass and its ability to preserve products for a long time make glass a popular choice for packaging in the F&B industry.
Technavio's analysts forecast the glass packaging market in North America to grow at a CAGR of 1.69% by revenue and 1.94% by volume over the period 2014-2019.
Covered in this report
This report covers the present scenario and growth prospects of the glass packaging market in North America for the period 2015-2019. The market includes all applications of glass packaging for various products. To calculate the market size, the report considers revenue generated from sales of glass bottles and containers of various types used in sectors such as:
Technavio Announces the Publication of its Research Report – Glass Packaging Market in North America 2015-2019
Technavio recognizes the following companies as the key players in the Glass Packaging Market in North America: Amcor, Ardagh, Gerresheimer and Owens-Illinois
Other Prominent Vendors in the market are: Bormioli, Hindusthan National Glass, Heinz-Glas, Koa Glass, Orora Packaging, Piramal Glass, Stolzle Glass, Vetropack, Vidrala, and Vitro Packaging.
Commenting on the report, an analyst from Technavio’s team said: “R&D spending by manufacturers. Manufacturers are re-investing in R&D activities to come up with highly developed solutions for specialized purposes. Vendors are concentrating on advancements in the zones of product innovation, light-weighting, product features, quality, automation of manufacturing activities, and cost.”
According to the report, the demand for pharmaceuticals and healthcare glass packaging is growing due to the increase in demand for pharmaceutical products. Pharmaceutical packaging products need to meet international regulatory compliance standards for safety. The low reactivity, durability, transparency, lightweight nature, and ease of cleaning of glass packaging make it the perfect choice for bottling medical products.
Further, the report states that one of the major challenges restricting the growth of the market are fluctuations in energy cost and potential vertical integration of customers.
Amcor, Ardagh, Gerresheimer, Owens-Illinois, Bormioli, Hindusthan National Glass, Heinz-Glas, Koa Glass, Orora Packaging, Piramal Glass, Stolzle Glass, Vetropack, Vidrala, Vitro Packaging.