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The global glass packaging market for food and beverages is witnessing a high demand in the APAC region. Technavio’s market research analyst’s project moderate growth in this market, and it is expected to reach close to USD 56.61 billion in revenues by 2019.
The global glass packaging market for food and beverages is expected to witness rising competition from other packaging materials such as metals and plastics that account for a major share in rigid packaging. Other factors such as the use of PET plastic bottles and metals cans used for packaging soft drinks, juices, and canned food segment is also likely to impact this market.
In 2015, the fastest growth in beverage categories was recorded from still drinks, sports and energy, and iced teas. However, even if markets for these categories show a tremendous growth rate, traditional beverages will remain the main source of volume sales for packaging companies, as the demand for hot drinks such as tea and coffee never declines.
In 2014, The APAC region accounted for close to 37% of the global glass packaging market for food and beverages. It is attributed to an increase in consumption of beverages in the region. Rapid urbanization in APAC countries and rise in the demand for convenience beverages products adds to the growth of this regions.
Other prominent vendors in this market include Amcor, Consol Glass, Orora, Allied Glass Containers, Piramal Glass, Vetropack Holding, Vidrala, Vitro Packaging, Wiegand-Glass, Gerresheimer, and Anchor Glass Container.
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This is preliminary content. The table of contents is subject to change.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Impact of drivers
PART 10: Market challenges
PART 11: Impact of drivers and challenges
PART 12: Market trends
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
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