Published on : Aug 03, 2018
Albany, New York, August 3, 2018: Pressing needs of recyclable packaging across industries has maneuvered growth opportunities in glass bottles market. Extensive use of glass bottles in cosmetics, perfume, and wine storage have accentuated growth in glass bottles market. In its recent report offering titled, 'Glass Bottles Market by Regions, Type and Application, Opportunity Assessment 2017-22', Market Research Hub (MRH) renders pertinent insights on the impact of ongoing developments on the growth of glass bottles market.
NNBP: Technological Novelty in Glass Bottles Market
To address specific industry concerns associated with glass bottles market such as heavy weight, manufacturers in glass bottles market are harnessing novel technological solutions that counteract such limitations, providing enhanced user experience. Core manufacturers in glass bottles market are embracing new technologies such narrow neck press and blow (NNPB) process that ensures considerable weight reduction without compromising on functionality of glass bottles.
To prompt its global operations in glass bottles market, industry stalwart, Vidrala has recently inked an acquisition deal. The company has acquired Santos Barosa Vidros, which offers an extensive range of glass containers inclusive of glass bottles. The deal is envisioned to garner improved facility, production house, stake holders and loyal client base, thus positioning Vidrala at the helm of glass bottles market.
Further in glass bottles market, Owens-Illinois, Inc., in a recent announcement has affirmed the extension of a collaboration with Constellation Brands, Mexico. The deal which amounts to US$ 140 million aims to upscale glass bottles manufacturing, catering to the diverse demands in wine and brewery industries. This ten year collaboration is aimed to land new growth opportunities for Owens-Illinois, Inc. in glass bottles market.
Moulded Glass Bottles: Fastest Growing Segment in Glass Bottles Market
Detailed description of research components included in the report allow readers to gain primary insights on market segments. This section of the report enumerates manufacturing process and application type as chief segments attributed to glass bottles market. Based on manufacturing process glass bottles market is classified as moulded and tubular. On the basis of application type, glass bottles market is categorized as beer, wine, other alcoholic beverages, food, carbonated soft drinks, ready-to-drink, pharmaceuticals, cosmetics, and other applications as dominant segments prevailing in glass bottles market. These crucial insights depicted in market segmentation allow readers to identify the segment associated with increased revenues, besides comprehending the impact of market segments in stimulating growth in glass bottles market.
Further, the report also compiles an elaborate description of regional distribution of glass bottles market. Based on regions, glass bottles market is fragmented into Europe, North America, Latin America, Asia-Pacific excluding Japan, Japan, and Middle East and Africa. These report components brief readers about various business strategies applied by core players in different regions of glass bottles market, as well as analyze the impact of these strategies on end-user response.
Competitive Landscape: Glass Bottles Market
Crucial research details accounted in the report enable readers to gain firsthand information on the efficacies of these business strategies in influencing end-user purchase journey. In-depth analysis of thse strategies enable market players to gain vital insights, based on which new entrants as well as existing market players can implement apt marketing schemes that fetch durability as well as escalate revenues in glass bottles market. Key players identified in glass bottles market include, Owen Illinois, Inc., Central Glass Co. Ltd., Vidrala, SA, Vitro SAB de CV, and Consol Glass Pty Ltd. amongst others.
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