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Exploring the Billion Dollar Industry of Glass Bottles in India: Report

Exploring the Billion Dollar Industry of Glass Bottles in India: Report

Rising Awareness Towards Health and Personal Care Drives the Demand

The Glass Bottles packaging is significantly safer as there are no risks of chemicals mixing into the product, with minimal risk to the consumer’s health.

In addition, the taste of the food or beverage remains intact in the glass bottle packaging.

Steered by this, glass bottle packaging for food and beverage applications is likely to reflect substantial growth.

The pharmaceutical sector also has emerged as a leading consumer of glass bottles. Thanks to their strength and durability, They have become the first choice for pharmaceutical companies. The rising demand for generic medicines such as basic capsules and syrups in circulation globally due to the ongoing pandemic may create lucrative sales prospects.

Rising demand of glass bottle due to several benefits

Glass bottle has numerous advantages, such as bottleneck, as sterile packing, leak-resistant design and uniform wall thickness makes them popular among consumers.

These bottles are used in several sectors such as in blood banks, research laboratories, institutions, and clinics due to their numerous advantages which are expected to drive growth rate of the glass bottle in the market during forecast period.

Growth and expansion in healthcare sectors

The development and growth of healthcare sector all over the globe and growing per capital investment in healthcare packaging industries are some of the major reasons which has fueled the demand for glass bottles overall the globe. They are easy to use, affordable and convenient packaging solution for the medical purposes which is expected to drive the demand for glass bottles during forecast period.

The pharmaceutical sector also has emerged as a leading consumer of glass bottles. Thanks to their strength and durability, They have become the first choice for pharmaceutical companies. The rising demand for generic medicines such as basic capsules and syrups in circulation globally due to the ongoing pandemic may create lucrative sales prospects.

Increasing Bottled Beverage Consumption Across the Globe to Propel Market Growth

The beverage industry, particularly the alcoholic beverage segment, is the sole driver of glass packaging demand. The beer business accounts for more than half of the global demand for glass containers. Spirits, wine, and other alcoholic beverages account for a sizable portion of the market.

Furthermore, consumers prefer glass material in the packaging of non-alcoholic beverages such as milk, juices, sauces, and others due to its inertness and luxury appearance. Consumption of these crucial non-alcoholic beverages is expected to expand healthily as the world’s population grows. As a result, rising beverage consumption is propelling the glass packaging industry forward.

Producers Offering both standard and customized Products

Rapidly changing demands of consumers in the cosmetic sector have pushed the producers to choose cosmetic bottle for the cosmetic products. The manufacturers are focusing on upgrade the product portfolio with designs and styles for standard and branded cosmetic products to meet the requirement of specific brands.

Customized cosmetic bottles help to achieve the particular demands of printing on bottles for cosmetic brands, which are expected to increase the growth of cosmetic bottle market.

Opportunities

  • Rise in the number of product innovation
  • The increasing trend for the packed beverages in glass bottles is forcing the manufacturer to create innovative packaging solutions.
  • With a rise in demand for chemical-free packaging, manufacturers should focus on innovations in glass bottle packaging. Several brands of packaging products have started to deliver beverages in them.
  • The innovations in packaging industry, produce those glass bottle which has free from harmful bacteria; these packaging products will be good source and will enhance the growth of glass bottle market in upcoming.

Also Read This: Which state in India is the greatest producer of pulses?

Major countries importing from India

  • UZBEKISTAN   
  • UNITED STATES          
  • FRANCE
  • SPAIN
  • MEXICO
  • UNITED ARAB EMIRATES
  • BRAZIL
  • RUSSIA
  • NEPAL 
  • ITALY

Major Importers of Glass Bottle

  • CENTRAL ASIA MEGASTAR LLC
  • OOO BESHYOGOCH COFFEE
  • PGP GLASS USA INC
  • WTC LLC
  • PGP GLASS EUROPE SRL 59
  • PGP GLASS EUROPE SRL
  • COMA Y RIBAS,S.L. POL INDL SANTIGA
  • SAVOY INDUSTRIA DE COSMETICOS S A
  • BP4180

Product Type

  • Amber Glass Bottles
  • Blue Glass Bottles
  • Clear Glass Bottles
  • Green Glass Bottles
  • Orange Glass Bottles
  • Purple Glass Bottles
  • Red Glass Bottles

Application

  • Beverage
  • Food
  • Cosmetics
  • Pharmaceutical
  • Other