Asia-Pacific, followed by Europe & North America, held the highest market share in terms of revenue in 2020, accounting for more than two-fifths of the global container glass market. Moreover, the same region is expected to witness the fastest CAGR of 7.3% from 2021 to 2030. This is due to utilization of container glass in …
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Container Glass Market Will Reach Nearly USD 155.9 Billion, Expanding at a CAGR of 6.7% by 2030
Increase in demand from the food & beverage and pharmaceutical sectors drive the growth of the global container glass market. However, environmental hazards associated with the manufacturing of container glass hinder the market growth to some extent. On the other hand, emergence of lightweight container glass products creates new opportunities in the coming years. A …
Container Glass Market 2021 Qualitative and Quantitative Assessment by Industry Analysis and Growth by Regions to 2030
According to the report, the global container glass industry generated $82.2 billion in 2020, and is anticipated to generate $155.9 billion by 2030, witnessing a CAGR of 6.7% from 2021 to 2030. Prime determinants of growth Increase in demand from the food & beverage and pharmaceutical sectors drive the growth of the global container glass …