Glass Container market Size, Competitors Strategy, Regional Analysis and Industry Growth by Forecast to 2027
Market Highlights
Glass is a recyclable material manufactured with raw
materials that include sand, limestone, soda ash and other ingredients. Glass
containers are made using processes such as blow-blow, press and blow, and
narrow neck press blow (NNPB) - a recent innovation in glass manufacturing
industry.
Glass is an unbeatable option as a packaging material
supported by its superior attributes of sterility, reusability, chemical
stability, durability, non-permeability and malleability. It is also hygienic,
eco-friendly, and aesthetically pleasing. Key applications areas for this
evergreen rigid packaging type include beverages, food products,
pharmaceuticals, cosmetic, and chemicals. The growth in the market is driven by
the rising consumption of alcoholic beverages and the increasing sales of
beauty and personal care products in the emerging markets. Other important
growth drivers include rising demand for healthy, ethnic and organic food
products, and increasing emphasis on using eco-friendly recyclable material.
With an unlimited recyclable life, glass ranks high on the parameters laid down
for the environmental most desired packaging type. For every ton of recycled
glass, a ton of natural resources are saved, while reducing carbon dioxide emission
by a ton with every six tons of container glass recycled.
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The Global
Glass Container Market is greatly influenced by the alcoholic beverages
industry as a majority of manufacturers market alcoholic drinks packed in glass
bottles. Alcoholic beverage is a large application segment of glass containers,
accounting for a high market share in terms of volume as compared to other
end-use applications. The beverage packaging segment is witnessing significant
gain in market share owing to the aesthetic appearance that can be achieved by
the use of glass in container manufacturing and also its transparent nature,
which allows the manufacturer to showcase the premium quality of the product
inside. Glass, being a versatile material in container manufacturing, preserves
the original taste of the drink inside without altering its taste or quality.
Glass containers are available in the market in a variety of colors, shapes and
sizes according to the prevailing demand.
Scope of the Report
This study provides an overview of the global glass
container market, tracking two market segments across four geographic regions.
The report studies key players, providing a five-year annual trend analysis
that highlights market size, volume and share for North America, Europe, Asia
Pacific (APAC) and Rest of the World (ROW). The report also provides a
forecast, focusing on the market opportunities for the next five years for each
region. The scope of the study segments the glass container market by its
design product type, by end-use and by region.
Segmentation:
By Product Type
- Glass
Bottle
- Glass
Jars
- Glass
Vials
- Candle
Glass Containers
By End-use
- Cosmetics
& Perfumes
- Pharmaceuticals
- Food
Packaging
- Beverage
Packaging
- Other
Products
By Regions
- North
America
- Asia
Pacific
- Europe
- Rest
of the World
Market Research Analysis
Glass bottles and beverage packaging segment are,
expected to grow at the highest CAGR and hold the largest market share
The global glass container market is greatly influenced by
the alcoholic beverages industry as a majority of manufacturers market
alcoholic drinks packed in glass bottles. Alcoholic beverage is a large
application segment of glass containers, accounting for a high market share in
terms of volume as compared to other end-use applications. The beverage
packaging segment is witnessing significant gain in market share owing to the
aesthetic appearance that can be achieved by the use of glass in container manufacturing
and also its transparent nature, which allows the manufacturer to showcase the
premium quality of the product inside. Glass, being a versatile material in
container manufacturing, preserves the original taste of the drink inside
without altering its taste or quality. Glass containers are available in the
market in a variety of colors, shapes and sizes according to the prevailing
demand.
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Key Players
The key players of global glass container market are Amcor
Limited (Australia), Owens-Illinois Inc. (U.S.), Central Glass Co., Ltd.
(Japan), BA Vidro, S.A. (Portugal), VIDRALA (Spain), Ardagh Group S.A.
(Luxembourg), Hindusthan National Glass & Industries Limited. (India),
Vitro, S.A.B de C.V. (Mexico), Consol Glass (Pty) Ltd. (South Africa) and
Frigoglass (Greece).
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