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With the growing demand from the food & beverages and personal care & cosmetics industries, the glass packaging industry is anticipated to grow during the forecast period. The rise in demand for the product for safe and healthy packaging solutions is one of the key factors responsible for propelling the market growth.
As per a report by Fortune Business Insights™, the market for glass packaging is projected to grow from USD 62.95 billion in 2022 to USD 86.54 billion by 2030 with a CAGR of 4.2% over the forecast period. The market is expected to reach the valuation of USD 64.97 billion in 2023.