Glass bottles are one of the better packaging materials for alcoholic beverages (such as spirits). The ability of glass bottles to maintain product aroma and flavor is driving demand. Various suppliers in the market have also observed the growing demand in the liquor industry. For example, Piramal Glass, whose clients include Diageo, Bacardi, and Pernod, has seen an increase in demand for specialty liquor bottles in the short term.
Glass bottles are a popular packaging material for wine, especially colored glass. The reason is that wine should not be exposed to sunlight, otherwise the wine will be damaged. It is expected that the growth in wine consumption will drive the demand for glass bottle packaging during the forecast period. For example, according to OIV data, the majority of countries produced 292.3 million liters of wine in the 2018 fiscal year.
According to the United Nations Association for Excellence in Wine, vegetarianism is one of the faster and better trends in wine development, and it is expected to be reflected in wine production, which will lead to the emergence of more vegetarian friendly wines, requiring a large number of glass bottles.
