Global Glass Packaging Market to Grow at a CAGR Of 3.12% to Forecast 2021

North America Glass Packaging Market is estimated to grow from US$11.550 billion in 2015 to US$13.888 billion by 2021

PUNE, INDIA, November 9, 2016 /EINPresswire.com/ -- North America Glass Packaging Market

North America Glass Packaging Market is estimated to grow from US$11.550 billion in 2015 to US$13.888 billion by 2021, at a CAGR of 3.12% over the forecast period. Growing healthcare industry due to a large number of chronic disease patients is one of the factors driving the demand for glass packaging in the region. The glass packaging market in this region is dominated by the U.S., which accounted for more than 50% of the demand in 2015. Alcoholic drink segment will dominate the demand for glass packaging solutions over the next six years, while demand arising from different industry verticals and focus towards sustainability will play a major role in complementing the market growth.

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The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation.

This section also outlines various segmentations which have been covered as part of the report.

Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry and regional regulations which are determining the product specifications and a brief technological aspect of glass packaging solutions. Complete industry analysis has also been covered by Porter’s five forces model as a part of this report section.

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Thirdly, North America Glass Packaging market has been segmented on the basis of application and geography. By applications, the market has been segmented majorly into soft drinks, fruit drinks, pharmaceuticals, personal care, alcoholic drinks, and others. By geography, the segmentation has been done into the U.S., Canada, and Mexico.

Finally, competitive intelligence section deals with major players in the market, growth strategies, products, financials, and recent investments among others. Key industry participants profiled as part of this section are Saint Gobain, Vetropack Group, Owens-Illinois, Ardagh Group and Kaufman Container among others.

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