Amber Glass Packaging Market Size, Industry Trends & Growth Analysis to 2030
The global amber glass packaging market size is estimated to register a significant CAGR of over 6% from 2023 to 2030. The market is driven by a number of factors, including the increasing demand for sustainable packaging, the preference for premium and high-quality packaging, the growth of the pharmaceutical and healthcare industry, the rising consumption of alcoholic beverages, the growing cosmetics and personal care industry, stringent regulations on plastic packaging, and advancements in glass manufacturing technology. The need for eco-friendly packaging is a major driver of the market. Consumers are increasingly demanding sustainable products, and amber glass is seen as a sustainable option because it is recyclable and can be reused multiple times. The preference for premium and high-quality packaging is also a major driver. Amber glass is seen as a premium packaging material, and it is often used to package high-value products, such as pharmaceuticals and cosmetics.
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Market Trends:
·???????? Growing demand for amber glass packaging in the pharmaceutical industry:?Amber glass is used to package a variety of pharmaceutical products, such as vitamins, dietary supplements, and over-the-counter medications. It is preferred over other types of packaging materials because it provides better protection against UV light, which can degrade the quality of pharmaceutical products.
·???????? Increasing demand for amber glass packaging in the food and beverage industry:?Amber glass is used to package a variety of food and beverage products, such as beer, wine, and olive oil. It is preferred over other types of packaging materials because it protects the products from light and oxygen, which can cause spoilage.
·???????? Growing demand for amber glass packaging in the cosmetics industry:?Amber glass is used to package a variety of cosmetics products, such as perfumes, lotions, and creams. It is preferred over other types of packaging materials because it protects the products from light, which can cause them to degrade.
·???????? Development of new and innovative amber glass packaging solutions:?Manufacturers are constantly developing new and innovative amber glass packaging solutions to meet the needs of different industries. For example, some manufacturers are developing amber glass bottles with anti-counterfeiting features.
·???????? Growing popularity of sustainable packaging:?There is a growing demand for sustainable packaging materials, and amber glass is seen as a sustainable option. It is recyclable and can be reused multiple times.
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Geographically, the amber glass packaging market report comprises dedicated sections centering on the regional market revenue and trends. The amber glass packaging market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Amber glass packaging market estimates have also been provided for the historical years 2020 & 2021 along with forecast for the period from 2023 - 2030. The report includes a deep-dive analysis of key countries including the U.S., Canada, the U.K., Germany, France, Italy, China, Japan, India, Australia, Mexico, Brazil and South Africa, among others. Thereby, the report identifies unique growth opportunities across the world based on trends occurring in various developed and developing economies.
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The Amber Glass Packaging Market Segmentation:
By Type:
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By End-Use Industry:
By Region:
Some of the major market players operating in the global amber glass packaging market are Gerresheimer AG, Owens-Illinois, Inc., Ardagh Group S.A., Verallia, Saverglass, Vitro, S.A.B. de C.V., Beatson Clark Ltd., Nipro Corporation, Piramal Glass Limited, and St?lzle Glass Group.
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Key Questions Answered by Amber Glass Packaging Market Report:
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