Enjoy complimentary customisation on priority with our Enterprise License!
Want a bigger picture? Try a FREE sample of this report now!
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
The global RGP market is anticipated to grow at a steady rate and will post a CAGR of more than 4% during the forecast period. The increasing demand for several beverage items will drive the growth prospects for the global retail glass packaging market in the forthcoming years. According to the industry research report, the market share of the carbonated soft drinks (CSD) segment is declining with the increasing demand for other types of drinks, especially the dairy segment. Some of the major factors responsible for the growing consumption of dairy beverages such as condensed milk, buttermilk, casein, homogenized milk, yogurt, and frozen dihydrogen monoxide creams include the growing rate of urbanization and high levels of disposable income. However, the packaging product manufacturers are constantly making profits by making necessary changes in the packaging formats with the changing shift from CSD to dairy beverages. Furthermore, the packaged water segment is also witnessing a growth since 2015 and will continue to grow in the future as seen in single-serve PET water bottles, driving the retail glass packaging market size.
The growing demand for premium alcoholic beverages will drive the growth prospects for the global retail glass packaging market for the next four years. Some of the major factors responsible for growing demand for premium alcoholic beverages is the rising disposable income, rising consumption of alcohol as a status symbol, and the association of premium labels with beverage quality and taste.
The global retail glass packaging market is highly competitive and diversified due to the presence of a large number of big and small firms, local and regional vendors across the globe. It has been observed that several regional vendors provide highly customized products at lower prices in comparison to international vendors. However, they find it difficult to compete with international vendors in terms of features, quality, and services.
Key vendors in this market are -
Other prominent vendors in the market include Anchor Glass Container, CONSOL, Orora Packaging Australia, Piramal Glass, Vetropack Holding, Vidrala, Vitro, and Wiegand-Glas.
Get more value with Technavio’s INSIGHTS subscription platform! Gain easy access to all of Technavio’s reports, along with on-demand services. Try the demo
According to the retail glass packaging industry analysis, the alcoholic beverages glass packaging segment accounted for the maximum market share during 2016 and will continue to dominate the market for the next few years. Some of the major factors responsible for the market segment’s growth is the favorable economic conditions, environmental conditions, and the changing consumer’s behavior such as the increasing preference for fast food that necessitates the use of special types of packaging.
According to the retail glass packaging market research report, EMEA accounted for the maximum market share in terms of revenue during 2016 and will continue to dominate the market until the end of 2021. Some of the countries that majorly contribute towards this growth include the UK, France, and Germany. Furthermore, the increased demand for food and beverage items, alcoholic beverages, and cosmetics will further drive the market’s growth during the forecasted period.
Want to dial in on a specific region or segment? We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
Technavio also offers customization on reports based on specific client requirement.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by application
PART 07: Geographical segmentation
PART 08: Market drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Appendix
PART 14: Explore Technavio
Tags: plastic packaging, cardboard boxes, industrial packaging, sustainable packaging, transportation and logistics industry trends, packaging market growth,
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.