Project report for Glass Bottle

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Introduction

A glass bottle is a bottle made from glass. Glass bottles can vary in size considerably, but are most commonly found in sizes ranging between about 200 milliliters and 1.5 liters. Common uses for glass bottles include food condiments, soda, liquor, cosmetics, pickling and preservatives. These types of bottles are utilitarian and serve a purpose in commercial industries. Empty Glass bottles for Beer and Liquor have got tremendous demand   in India. However, due to growing environmental concerns, the scope of glass packaging is expanding in the industry. Increasing usage of glass packaging for Beverages, especially for the alcoholic Ready to Drink (RTD) segment, is a current trend in the Beverage packaging industry of India. The glass packaging industry is primarily boosted by increasing alcoholic beverage consumption in the country. Glass Bottles manufacturing occupies an important part in the glass manufacturing industry of glass container manufacturing.  The process of glass container manufacturing can be divided into the continuous production process and the discontinuous production process. For former is a process in which processes from the input of raw materials through the molding of glass are   conducted continuously and in equipment utilizing the tank furnace, that is, the continuous melting furnace.  As a whole, the plant of this process should be operated for eight hours. Several kinds of molding may be done by this process if the continuous forming machine is employed. Glass is also naturally formed when hot, molten lava from an erupting volcano is subjected to sudden, rapid cooling resulting in the deposition of under developed crystals of glass. Molten glass was collected on the ends of hollow iron pipes and then expanded by blowing through the pipes. Slowly, people learnt to blow molten glass into moulds. Glass bottle making machines were introduced in the thirties. In the early seventies, environmentalists began arguing on the grounds that glass bottles added to pollution.

Market potential & Strategy

The global glass packaging market was estimated at INR 42110 Crores in 2020, and it is expected to register a CAGR of 4.39%, to reach INR 54580 Crores by 2026. Glass packaging is considered as one of the most trusted forms of packaging for health, taste, and environmental safety. Glass packaging, which is considered premium, maintains the freshness and safety of the product. This can ensure its continuous usage, worldwide, across a range of end-user industries, despite the heavy competition from plastic packaging. 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.

The market for glass packaging, in the alcoholic beverage industry, is facing intense competition from the metal packaging segment, in the form of cans. However, it is expected to maintain its share during the forecast period, due to its usage in premium products. The growth is expected to be witnessed across different beverage products, like juices, coffee, tea, soups, non-dairy beverages, and others. Among alcoholic beverages, beer witnessed tremendous growth in the past few years. The majority of beer volume is sold in glass bottles and is driving the need for increased production rates in the glass packaging industry. The increasing demand for premium variants in alcoholic drinks is driving the growth of glass bottles. Developing nations, like India, are also showing much higher quality perception for beer.

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