Transparency Market Research adds new "Glass Packaging Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 – 2019" market research report to its report store.
Glass packaging has been traditionally very popular, but over time, it has been facing a huge competition from plastic packaging. The volume consumption of glass packaging has been growing due to demand in FMCG industries but its market share has gone down owing to the competition from plastic packaging. In future glass is expected to retain major market share in beverage packaging. Other luxury applications of packaging would also prefer glass as glass portrays the sophistication and value over plastics.