the universal glass packaging industry will reach a value of about 36.8bn in the year 2013, but its expansion will be restricted in the next 10 years as it lagging behind in the competition from plastics. a statement from british research firm visiongain says that rising economies will need more glass packaging for more premium beverage, healthcare, and food as well as personal care products. on the other hand, the examination also shows that expansion will be shortened as pressure mounts on manufacturers to look to substitute packaging materials in order to minimize production costs. visiongain states that the shift from glass to more flexible plastic packaging options like pet, will be most radically noticeable in the beverage sector. it also claims that in the span of next ten years, the scenario of the packaging industry will revolutionize and glass will lag behind as plastics will take a forward move. despite this fact, visiongain is sure that glass will not totally fly off the radar, stating it will solidify its image as a magnificence item, offering products with an image of value and sophistication. sree selvan, who is the author of visiongain&39s report mentioned this loss in the glass packaging market contribution will only influence the lower tier products which glass at present packages and will operate to impose glass as the packaging substance of choice for any product that is wishing to describe an image of natural or luxury qualities. sree further continues that luxury products are at present being soaked up by the south american and east asian markets and this is where the major chunk of demand for glass packaging derives from. this will also continue to be the scenario until america and europe starts recovering towards the end of the decade. source of information httpwww.edie.netnews5glasspackagingdemandsettomakewayforcheaperplastics23813
