[Global Glass Container Markets] Glass Returns To Growth: The Outlook In Food And Beverages

This report from Euromonitor (November, 2011) reports that after a couple of sombre years, with 2009 marking the depths of the global economic downturn, glass has shown a more positive outlook, with global retail unit volume sales up by 1% in 2010. Global demand for glass is forecast to increase by a further 2% in 2011, to reach 309.5BN units. The emerging market economies of Asia Pacific and Latin America are intrinsic to this recovery, as saturated consumption levels in North American and Western Europe, further compounded by financial difficulties in the Eurozone make for a weakened volume growth outlook across many developed economies.