Market Scenario:
Globally there is an increase in demand for alcoholic beverages and beer which has augmented the market for glass packaging. The non-reactive nature of glass makes it a suitable packaging material in pharmaceutical and alcoholic beverages industry. This is backed by the increased awareness for eco-friendly packaging and increase in investments by packaging companies which has led to the growth of the global glass packaging market.
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Key Players of Glass Packaging Market:
Segments:
Global glass packaging market is segmented on the basis of Application and Region. On the basis of application it is segmented as alcoholic beverages, food & beverages, pharmaceuticals and others. Additionally on the basis of region, it is segmented as North America, Europe, APAC and Rest of the World.
Regional Analysis of Global Packaging Machinery Market:
APAC dominates the global glass packaging market with its fast growing market worldwide. The region is expected to grow in coming years due to increasing glass packaging consumption, particularly in China and India. The demand is dominated by the alcoholic beverages and pharmaceuticals industry.
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