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It is estimated that the market share of glass packaging bottles in Europe will exceed 21 billion US dollars by 2026.
In order to alleviate the shortage of covid-19 vaccine packaging solutions, several glass bottle and container bottle manufacturers have been working to increase production capacity across Europe. With the trend of recyclable and sustainable glass bottle solutions, the European market is expected to receive a considerable boost.
In 2019, the borosilicate glass industry accounts for more than 25% of the market revenue of European glass packaging bottles. Borosilicate glass bottles and other containers are used for the packaging of pharmaceuticals, spirits and drugs throughout the pharmaceutical industry.
In the next few years, the large-scale demand for small bottles, bottles and other glass packaging bottles of covid-19 vaccine will boost the European glass packaging bottle market.
In addition, the glass packaging bottle is not only easy to disinfect, but also chemically inert, which can prevent the reaction between various chemical contents in the bottle. In addition to widely used in the pharmaceutical industry, borosilicate glass bottles are also used in ovens and microwave ovens, cookers, semiconductors, telescopes and other fields.