The size of the global glass packaging market is expected to exceed$65 billion in 2024
In terms of application fields,the global glass packaging market can be divided into medicine, food and beverage,alcoholic beverages,cosmetics and other fields.The beer industry accounts for more than 20 percent of the overall market.The pharmaceutical industry is another important application sector,and this segment is expected to grow at a compound annual rate of more than 4 percent.
In terms of geographical location,the asia-pacific region accounts for more than one third of the entire glass packaging industry.By 2024,increased alcohol consumption and advances in the pharmace -eutical industry will fuel growth in regional product markets.The growing hospitality and Tourism industries in China and India will also drive the region’s market for glass packaging products in the coming years.
