Glass Bottles and Containers Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The glass bottles and containers market is expected to grow at a CAGR of 4.4% during the forecast period (2022 - 2027). The COVID -19 outbreak created a growing necessity for industries in the food & beverage sector to focus more on hygiene and sanitization. Given the current situation, people opt for a healthy and sustainable lifestyle. As most of the products in this sector are included in essential services, it becomes crucial for the packaging sector to follow conservative practices.
Key HighlightsThe glass bottles and containers market is highly competitive and fragmented. A few of the major companies in this market are Owens-Illinois Inc., Hindustan National Glass & Industries Ltd, Vitro, S.A.B. De CV, Amcor Ltd, etc. These established vendors with strong access to distribution channels have a strong foothold in the market studied.
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