Regionally, the market for glass packaging is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising population boosting the demand for alcohol, ready-to-eat meals, and soft drinks, and changing perception toward social drinking. It was observed that in 2018, the total population of Asia Pacific reached nearly 4500 million and is further estimated to rise exponentially. Therefore, such factors are anticipated to hike the growth of the market in the region during the forecast period.
Author Credits: Abhishek Anil
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