The global glass packaging market is expected to grow at a CAGR of 3.9% from 2014 to 2019 to reach a value of $59,814.3 million by 2019. Glass packaging used for alcoholic beverage segment is growing at a CAGR of 3.9% in terms of value and constitutes a significant part of the overall glass packaging market. The pharmaceutical segment, is the second largest application area for glass packaging, and is expected to grow at a CAGR of 4.2% by 2019.