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    Glass Container Market

    ID: MRFR/PNT/3708-CR
    135 Pages
    Pradeep Nandi
    April 2024

    Glass Container Market Research Report Information by product type (glass bottle, glass jar, glass vials, candle glass container), by end-user (cosmetic & perfume, pharmaceutical, food packaging, beverage packaging, others), and by region, –Market Forecast Till 2032

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    Glass Container Market Research Report - Global Forecast to 2032 Infographic
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    Glass Container Market Summary

    As per Market Research Future Analysis, the Global Glass Container Market was valued at USD 68,645.0 million in 2023 and is projected to grow to USD 119,728.7 million by 2032, with a CAGR of 6.6% from 2024 to 2032. The market growth is driven by the food and beverage industry's expansion, increasing consumer demand for eco-friendly packaging, and the benefits of glass containers, such as product quality retention and aesthetic appeal. Glass containers are widely used in food, beverages, pharmaceuticals, and cosmetics. The Asia-Pacific region holds the largest market share at 40.97% in 2022, with significant growth expected due to rising disposable incomes and packaged food consumption. However, challenges include competition from alternative packaging materials and high production costs associated with glass manufacturing.

    Key Market Trends & Highlights

    The market is witnessing significant trends driven by sustainability and consumer preferences.

    • Increasing demand for sustainable packaging is propelling market growth.
    • Glass bottles accounted for 59.4% of the market share in 2022.
    • Beverage packaging held the largest segment share at 41.0% in 2022.
    • Asia-Pacific is expected to exhibit a CAGR of 4.4% during the forecast period.

    Market Size & Forecast

    2023 Market Size USD 68,645.0 million
    2024 Market Size USD 71,802.7 million
    2032 Market Size USD 119,728.7 million
    CAGR (2024-2032) 6.6%

    Major Players

    Key players include Amcor Limited, Owens-Illinois Inc., Central Glass Co., Ltd, BA Vidro, S.A., VIDRALA, Ardagh Group S.A., Hindusthan National Glass & Industries Limited, Vitro, S.A.B de C.V, Consol Glass (Pty) Ltd, and Frigoglass.

    Glass Container Market Trends

      • Increasing Demand for Sustainable Packaging

    Due to the rising demand for eco-friendly packaging options, the worldwide glass container market is expanding significantly. There is an increasing focus on minimizing the environmental impact of numerous businesses, including packaging, in today's environmentally concerned society. Thanks to their distinctive qualities and recycling capacity, glass containers have become a popular option for sustainable packaging. Glass containers' capacity to be recycled is one of their main benefits. The quality and purity of glass may be recycled indefinitely without losing either. As a result, it is quite appealing to producers and customers actively looking for eco-friendly packaging choices.

    Nowadays, many people deliberately search for goods packaged in glass containers because they view them as a more ethical and ecological option. There is a particularly high demand for glass containers in the food and beverage sector. Glass packaging has several benefits for food and drinks items. Because it is impermeable, the taste, scent, and quality of the packaged items are preserved because it has no interaction with the contents. Additionally, glass offers superior defense against environmental factors, including light, air, and moisture, preserving the product's freshness, and increasing its shelf life.

    Additionally, escalating government legislation and programs supporting ecological packaging practices are behind the move toward glass containers. Many nations have put strict rules into place to decrease the use of single-use plastics and encourage recyclable materials. Glass has emerged as a workable and sustainable solution, forcing firms to investigate alternate packaging options.February 2024- UK imports of colorless glass fell 31.6% year-on-year (y-o-y) in November 2023, as per the data from HM Revenue and Mintec and Customs calculations, while exports lowered by 20.9% over the same period. UK exports and imports have been in a constant downtrend for over a year.

    The increasing consumer preference for sustainable packaging solutions is driving the growth of the glass container market, as it aligns with environmental goals and promotes recycling initiatives.

    U.S. Environmental Protection Agency

    Glass Container Market Drivers

    Sustainability Trends

    The Global Glass Container Market Industry is experiencing a notable shift towards sustainability, driven by increasing consumer awareness regarding environmental issues. Glass is perceived as a more eco-friendly alternative to plastic, as it is recyclable and does not leach harmful chemicals. This trend is reflected in the growing demand for glass packaging across various sectors, including food and beverages. In 2024, the market is valued at approximately 71.8 USD Billion, and this figure is expected to rise as companies adopt more sustainable practices. The emphasis on reducing carbon footprints and promoting circular economies further bolsters the growth of the Global Glass Container Market Industry.

    Market Growth Projections

    The Global Glass Container Market Industry is projected to experience robust growth over the next decade. With a current valuation of 71.8 USD Billion in 2024, the market is expected to reach 145.0 USD Billion by 2035. This growth trajectory suggests a compound annual growth rate of 6.6% from 2025 to 2035. Factors contributing to this expansion include increasing consumer demand for sustainable packaging, stringent regulations favoring glass, and technological advancements in production. As the market evolves, it is likely to attract new investments and innovations, reinforcing the position of glass containers in various sectors.

    Health and Safety Regulations

    Stringent health and safety regulations are propelling the Global Glass Container Market Industry forward. Governments worldwide are implementing policies that favor glass packaging due to its inert nature, which ensures that no harmful substances migrate into food and beverages. This regulatory environment encourages manufacturers to invest in glass production technologies and innovations. As a result, the market is likely to see increased growth, with projections indicating a rise to 145.0 USD Billion by 2035. Compliance with these regulations not only enhances consumer trust but also positions glass as a preferred choice in sectors where safety is paramount.

    Rising Demand in Emerging Markets

    Emerging markets are becoming increasingly important for the Global Glass Container Market Industry, as urbanization and rising disposable incomes drive demand for packaged goods. Countries in Asia-Pacific and Latin America are witnessing a surge in the consumption of beverages and food products, leading to a higher demand for glass packaging. This trend is likely to continue, as consumers in these regions become more health-conscious and environmentally aware. The growth potential in these markets presents opportunities for manufacturers to expand their reach and innovate their product offerings, further contributing to the overall growth trajectory of the Global Glass Container Market Industry.

    Consumer Preference for Premium Products

    There is a discernible shift in consumer preferences towards premium products, which is positively impacting the Global Glass Container Market Industry. Consumers are increasingly willing to pay a premium for products packaged in glass, associating it with higher quality and better preservation of taste and freshness. This trend is particularly evident in the beverage sector, where craft beers and artisanal spirits often utilize glass containers to enhance brand image. As the market evolves, the demand for glass packaging is expected to grow, contributing to a compound annual growth rate of 6.6% from 2025 to 2035, further solidifying the position of the Global Glass Container Market Industry.

    Technological Advancements in Production

    Technological advancements in glass production are significantly influencing the Global Glass Container Market Industry. Innovations such as automated manufacturing processes and improved melting techniques enhance efficiency and reduce production costs. These advancements allow manufacturers to meet the rising demand for glass containers while maintaining quality standards. Furthermore, the integration of smart technologies in production lines is expected to streamline operations and minimize waste. As a result, the market is poised for growth, with an anticipated increase in value from 71.8 USD Billion in 2024 to 145.0 USD Billion by 2035, underscoring the importance of technology in the Global Glass Container Market Industry.

    Market Segment Insights

    Glass Container Based on Product Type Segment Insights

    Based on product type, the global Glass Container is segmented into glass bottle, glass jar, glass vials, candle glass container.  Glass bottle segment is the largest segment of the market accounting for 59.4% of the global market in 2022. One of the most popular and commonly used types of glass containers is the bottle. They are adaptable and appropriate for a variety of businesses, including those that produce food, beverages, pharmaceuticals, and personal care items. Glass bottles provide several benefits, including the fact that they are non-reactive, maintain the product's quality and flavor, and give it a more upscale appearance.

    To meet the needs of various products, they are available in various forms, dimensions, and closures. Alcoholic and non-alcoholic beverages, including juices, soft drinks, and water, are all packaged in glass bottles, as are alcoholic beverages like wine, spirits, and beer. Glass bottles are used in the food sector to package condiments such sauces, oils, dressings, and preserves. The pharmaceutical sector uses glass bottles to package prescription drugs, vitamins, and dietary supplements. Glass bottles are used in the personal care sector to package cosmetics, lotions, and fragrances.

    Glass bottles are a desirable option for consumers who are concerned about the environment because they are recyclable and environmentally friendly, which supports sustainability goals.

    Figure 2: Glass Container Market, by Product Type, 2022 & 2032 (USD Million)

    Glass Container Based on End Use Format Segment Insights

    Based on packaging format, the global Glass Container is segmented into cosmetic & perfume, pharmaceutical, food packaging, beverage packaging, and others. Beverage Packaging segment held the largest market share 41.0% in 2022. The beverage industry widely uses glass containers to package a variety of drinks, including alcoholic and non-alcoholic drinks. Premium beverages like wine, spirits, beer, and high-end mineral water are often packaged in glass bottles. Glass containers provide a distinctive, classy look that improves the beverage's branding and perceived quality. They are oxygen-impermeable, preventing oxidation and preserving the drink's freshness and flavor.

    Glass is a recyclable and sustainable material that satisfies rising customer demand for environmentally friendly packaging options.

    Glass Container Based on Regional Segment Insights

    Figure 3: Glass Container Market, by

    By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The Asia-Pacific Glass Container market accounted for largest market share of 40.97% in 2022 and is expected to exhibit a significant CAGR growth of 4.4% during the study period. In the Asia Pacific region, glass containers are frequently used for diverse packaging requirements. Glass bottles and jars are used in the food and beverage sector to package sauces, condiments, beverages, and alcoholic beverages.

    Glass's transparency makes it possible for customers to view the contents, and its inertness guarantees that the taste and quality of the items are preserved. Because of its perceived luxury image and capacity to maintain the freshness and perfume of the packed goods, glass containers are prized. Glass containers are extensively used in Asia Pacific's cosmetics and personal care sectors. Perfumes, skincare items, lotions, and creams are frequently packaged in glass bottles and jars. Glass packaging exudes richness and sophistication, which aligns with the region's rising desire for high-end beauty goods.

    Additionally, glass containers offer better defense against outside influences like light and air, preserving the stability and efficacy of cosmetic compositions. In China, glass containers are used for a variety of purposes. Glass bottles and jars are frequently used in the food and beverage sector to package alcoholic beverages, including baijiu (Chinese liquor), beer, and wine, as well as sauces, oils, and tinned foods. Glass containers are preferred because they can keep products clean and of high quality. Glass dinnerware and storage containers are among the many home items made in large quantities in China.

    Glass containers are frequently used for packaging drugs, skincare products, and fragrances in the pharmaceutical and cosmetic sectors. Despite recycling programs being put in place, China still has trouble handling glass garbage because of its vast population and fast urbanization.

    Get more detailed insights about Glass Container Market Research Report - Global Forecast to 2032

    Key Players and Competitive Insights

    With a strong presence across different verticals and geographies, the Glass Container Market is highly competitive and dominated by established, pure-play vendors. Many vendors cater to this market, and they continually innovate their solutions to meet the evolving needs of businesses by adopting innovative technologies and innovations to make rapid lubrication filters more effective. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Glass Container Market is highly competitive, with many vendors offering similar products and services.

    The major players in the market include Amcor Limited, Owens-Illinois Inc., Central Glass Co., Ltd, BA Vidro, S.A., VIDRALA, Ardagh Group S.A., Hindusthan National Glass & Industries Limited, Vitro, S.A.B de C.V, Consol Glass (Pty) Ltd, and Frigoglass. The Glass Container Market is a consolidated market due to increasing competition, acquisitions, mergers and other strategic market developments and decisions to improve operational effectiveness.

    Key Companies in the Glass Container Market market include

    Industry Developments

    In February 2023, Amcor injects US$250,000 in start-up, and TekniPlex offers heat induction seals for glass.

    In February 2023, Vidrala completes €100 million investment at Portuguese glass facility.

    In May 2023, Ardagh to supply glass bottles for Sprecher’s beer and beverage products.

    In May 2023, Ardagh Glass Packaging builds breakthrough 'NextGen Furnace' in Germany.

    In May 2022, CCI allows AGI Greenpac to acquire Hindusthan National Glass & Industries.

    August 2023- Sun Glass has deployed an 80 tpd furnace at its container glass production facility in Firozabad, Uttar Pradesh, India. Sun Glass offers the premium spirits and beer market across India. Its latest furnace will have the capacity of the Firozabad container glass facility up to 230 tpd. The furnace will generate green glass bottles for beer, wine, spirits, and soft drinks in sizes 90ml to 1000ml. The investment price is nearly 1 billion INR (about 11,159,201 EUR). It has also produced more than 100 jobs.

    The group has seven active furnaces in the Firozabad facility, with two at its container glass production facility. The facility's second furnace started manufacturing in July 2023, while the first furnace was fired in November 2020. There was an authorized opening ceremony at the time of the second furnace's firing.

    Future Outlook

    Glass Container Market Future Outlook

    The Global Glass Container Market is projected to grow at a 6.6% CAGR from 2024 to 2035, driven by sustainability trends, increased demand for premium packaging, and technological advancements in production.

    New opportunities lie in:

    • Invest in eco-friendly glass production technologies to meet rising sustainability demands.
    • Develop innovative designs for glass containers to enhance consumer appeal and brand differentiation.
    • Expand into emerging markets with tailored glass packaging solutions for local industries.

    By 2035, the Global Glass Container Market is expected to achieve robust growth, solidifying its position as a leader in sustainable packaging.

    Market Segmentation

    Regional Outlook

    North America
    • US
    • Canada
    • Mexico

    Global Glass Container Regional Outlook

    North America
    • US
    • Canada
    • Mexico

    Glass Container Market Product Type Outlook (USD Million, 2018-2032)

    • Glass Bottle
    • Glass Jar
    • Glass Vials
    • Candle Glass Container

    Glass Container Market Packaging Format Outlook (USD Million, 2018-2032)

    • Cosmetics & Perfume
    • Pharmaceuticals
    • Food Packaging
    • Beverage Packaging
    • Others

    Report Scope

    Attribute/Metric Details
    Market Size 2023 USD  68,645.0 million
    Market Size 2024 USD    71,802.7 million
    Market Size 2032 USD    1,19,728.7 million
    Compound Annual Growth Rate (CAGR) 6.6% (2024 - 2032)
    Base Year 2023
    Market Forecast Period 2024 - 2032
    Historical Data 2018- 2021
    Market Forecast Units Value (USD Million)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered By Product Type, By End Use, By Region
    Geographies Covered Europe, North America, Asia-Pacific, South America, Middle East & Africa
    Countries Covered The U.S., Canada, Mexico, Germany, France, Italy, UK, Spain, China, Japan, India, South Korea, Australia, UAE, South Africa, Saudi Arabia, Argentina, and Brazil.
    Key Companies Profiled ·       Amcor Limited ·       Owens-Illinois Inc. ·       Central Glass Co., Ltd ·       BA Vidro, S.A. ·       VIDRALA ·       Ardagh Group S.A. ·       Hindusthan National Glass & Industries Limited ·       Vitro S.A.B de C.V ·       Consol Glass (Pty) Ltd ·       Frigoglass
    Key Market Opportunities ·       Competition from Alternative Packaging Materials
    Key Market Dynamics ·       Increasing Demand for Sustainable Packaging ·       Growing Preference for Premium and Luxury Packaging

    Market Highlights

    Author
    Pradeep Nandi
    Senior Research Analyst

    I have a bachelor's degree in mechanical engineering and an MBA. I have more than two years of expertise in the retail, food, and beverage, chemical, and material industries, and hence have developed a sound cross-domain expertise. A firm believer in lifelong learning and sharing of knowledge. Having a proclivity for hatching ideas and trying to absorb as much information as possible in a short amount of time. Introducing corporates to the data and insight, which enables them to move from probability to possibility, has been my key areas of interest. 

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    FAQs

    How much is the Glass Container Market?

    The Glass Container Market size is expected to be valued at USD 1,19,728.7 million in 2032.

    What is the growth rate of the Glass Container Market?

    The global market is projected to grow at a CAGR of 6.6% during the forecast period, 2024- 2032.

    Which region held the largest market share in the Glass Container Market?

    Asia- Pacific had the largest share of the global market.

    Who are the key players in the Glass Container Market?

    The key players in the market include Amcor Limited, Owens-Illinois Inc., Central Glass Co., Ltd, BA Vidro, S.A., VIDRALA, Ardagh Group S.A., Hindusthan National Glass & Industries Limited.

    Which Product Type led the Glass Container Market?

    Glass Bottle segment dominated the market in 2023.

    Which End-Use had the largest market share in the Glass Container Market?

    Beverage Packaging had the largest revenue share of the global market.

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