South America Glass Packaging Market - Forecasts From 2018 To 2023

Description

South America Glass Packaging Market is estimated to grow from US$3.696 billion in 2015 to US$5.007 billion by 2021, at a CAGR of 5.19% over the forecast period. Beer sector is a high growth market in South America and its consumption has been growing steadily over the last decade making it one of the major drivers for glass packaging market. In Argentina, awareness is being created regarding returnable bottles allowing packaging companies to reduce production costs while consumers are being benefitted economically, thereby impacting the demand for glass packaging solutions. Rising demand for stand-up pouches in Brazil due to change in consumer inclination will outpace the demand for glass packaging.    

Research Methodology

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.

Market Dynamics

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.

Segmentation

Thirdly, South 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 as Brazil, Argentina, and others.

Market Players

Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key 5 industry participants profiled as part of this section are Saint-Gobain, Consol Glass, Ardagh Group, Owens-Illinois, and Verallia.