·Rising consumer demand for safe and healthier packaging is helping glass packaging grow in different categories. Also, innovative technologies for embossing, shaping and adding artistic finishes to glass are making glass packaging more desirable among end-users. Furthermore, factors such as the increasing demand for eco-friendly products, and the rising demand from the food and beverage market are stimulating the growth of the market.

·Also, the recyclable nature of glass makes it environmentally the most desired packaging type. The lightweight glass has been the significant innovation in recent times, offering the same resistance as the older glass materials and higher stability, reducing the volume of raw materials used and CO2 emitted.

·From a regional point of view, emerging markets, like India and China, are witnessing high demand for beer, soft drinks, and ciders, due to the increasing per capita spending of the consumers and changing lifestyles. However, the increasing operational costs and growing usage of substitute products, such as plastics and tin, are restraining the market growth.

·One of the main challenges for the market is the increased competition from alternative forms of packaging, such as aluminum cans and plastic containers. As these items are lighter in weight than the bulky glass, they are gaining popularity among both manufacturers and customers because of the lower cost involved in their carriage and transportation.

·Glass packaging was considered an essential industry by most countries during the COVID-19 pandemic. The industry is witnessing increased demand from the food & beverage and pharmaceutical sectors. There has been increased demand for glass packaging from F&B sector as well as the pharmaceutical sector as the COVID-19 pandemic has led to greater demand for medicine bottles, food jars and beverage bottles.