This Thin Wall Glass Container market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape.
Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Thin Wall Glass Container market.
Thin Wall Glass Containers Market: An Overview
The thin wall glass containers market is anticipated to witness impressive growth during the forecast period. The thin wall glass container market is greatly influenced by the alcoholic beverage industry since a majority of players prefer glass bottles as medium of their marketing.
Alcoholic segment in the global thin wall glass containers account for significant share by the end of forecast period. The growth is attributed to the aesthetic appearance that can be achieved through precision manufacturing aiming at increased transparency of the thin wall glass containers. This results in opportunity for manufacturers to showcase premium quality of the packaged product.
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Thin wall glass containers are available in the market in a wide range of shapes, colors and sizes according to the prevailing demands. Key manufacturer in the global thin wall glass containers market claims that one-third of their sales generates from pharmaceutical companies.
In order to be more sustainable and customer preferable, the thin wall glass containers industry is undergoing tremendous innovative changes such as manufacturers to reduce the use of raw material and logistic costs, and thus offer added advantages in the thin wall glass containers market.
Thin Wall Glass Containers Market: Key Players
Some of the leading players in the thin wall glass containers market is as follows:
- Ardagh Group
- Duran Group
- Vetropack
- Hilgenberg GmbH
- Berlin Packaging
Thin Wall Glass Containers Market: Key Development
- Ardagh Group S.A continuously focus on launching new products in glass and metal application segments. For instance, company launched two new beer bottles in 2016. Also, company aims for further expansions with strategic merger & acquisitions. For instance, in April 2016, Ardagh entered into an agreement with Ball Corporation and Rexam Plc. to acquire ten beverage can manufacturing plants in Europe
- In December 2017, Stevanato Group strengthens its presence in Asia by opening new commercial office in Nagoya, Japan.
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The report is a compilation of first-hand information, qualitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
Thin Wall Glass Containers Market: Dynamics
The thin wall global glass container market is flourishing due to increasing consumer demand for green and sustainable packaging. Glass remains chemically inert when come in contact with many substance; this remarkable property makes it safe for use in various applications such as pharmaceuticals and food packaging.
Thin wall glass containers never deteriorate, fade, or stain the product inside, in fact the product remains safe for longer period of time. Owing to these characteristics, thin wall glass containers are preferred alternatives to plastic and metal containers for sustainable packaging. Furthermore, thin wall glass containers.
Beverage industry is the largest consumer of thin wall glass containers for packaging, while also used by food, pharmaceuticals and cosmetics & perfumery industry. Other than packaging, glass tableware are used by the consumers, majorly in the form of microwave safe tableware.
Thin Wall Glass Containers Market: Segmentation
On the basis of packaging type, thin wall glass containers market has been segmented as:
- Bottles
- Jars
- Vials & Ampoules
- Tableware
- Others
On the basis of glass type, thin wall glass containers market has been segmented as:
- Type-1
- Type-2
- Type-3
- Type-4
On the basis of end use, thin wall glass containers market has been segmented as:
- Packaging
- Food Packaging
- Meat, Poultry & Seafood
- Ready-to-eat Meals
- Spices, Condiments & Sauces
- Dairy Products
- Bakery & Confectionary
- Beverage Packaging
- Alcoholic Beverages
- Non-alcoholic Beverages
- Pharmaceuticals
- Cosmetic & Perfumery
- Others
- Food Packaging
- Non-packaging
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