Market Research Future has published a cooked research report on the Global Glass Bottles and Jars Decoration Market, 2022-2030. The global glass bottles and jars decoration market is projected to exhibit a CAGR of 3.78% during the forecast period of 2022 to 2030.
The global glass bottles and jars decoration market is projected to be valued at USD 28,900.28 million by 2030, recording a CAGR of 3.78% during the forecast period. The growth of the global glass bottles and jars decoration market is attributed to the growing preference for sustainable packaging and increasing customized packaging solutions. Technological advancements and smart glass packaging is anticipated to create opportunities for the global glass bottles and jars decoration market player during the forecast period. However, the difficulty in handling and transportation is likely to hamper the market growth during the forecast period.
Market Research Future has recognized the following companies as the key players in the Global glass bottles and jars decoration market: Ardagh Group S. A (Europe), Décor Glass Specialties, Inc. (North Carolina), PGP Glass Private Ltd. (India), Ramon Clemente Glass(Spain), Pragati Glass (India), ESTAL(Spain), Decotech, Inc. (the US), Jiangsu Rongtai Glass Products Co., Ltd. (China), Allied Glass (England), and O. Berk (US).
The global glass bottles and jars decoration market has been segmented based on type, process, application, and region.
Based on type, the global glass bottles and jars decoration market has been divided into colored/ coated glass, etched glass, laminated glass, and others. The colored/ coated glass segment accounted for the largest market share of 38.62% in 2021. Container glass coatings are a protective primer coating applied to glass to enhance heat resistance. Container glass coatings protect glass bottles, bowls, jars, and other objects that are frequently supplied to the chemical, pharmaceutical, food and beverage, cosmetics, and personal care sectors. The popularity of container glass coatings has accelerated quickly due to customers' growing preference for the visual aspect of consumer items. To satisfy rising customer demand, manufacturers of container glass coatings provide products that improve the coatings' quality and protective effectiveness. There are many different kinds of colored glass, and most require some type of coating to create the desired effect
Based on process, the global glass bottles and jars decoration market has been categorized into screen printing, lacquering, frosting, and others. The lacquering segment accounted for the largest market share of 34.23% in 2021. A coat of varnish is sprayed on during lacquering. After firing, the bottles are completely or partially sprayed with a mask or shaded effect. They are then heated to 180˚ and 200˚ C in a kiln for annealing. Several finishes are available with lacquering, including clear, frosted, opaque, gloss, matte, multicolored, fluorescent, phosphorescent, metalized, interferential, pearly, metallic glittering, or soft in a variety of colors. With a lacquer design and a lacquer coating film that adheres well to the glass surface even when an undercoat layer composed of acrylic resin or similar material is absent, a lacquered glass container is appropriate as a cosmetic glass container and perfume bottle
Based on application, the global glass bottles and jars decoration market has been divided into food, spirits, non-alcoholic beverages, and others. The spirits segment accounted for the largest market share of 40.65% in 2021. Spirit brand owners invest in packaging and bottle design to increase customer appeal. Customers favor a product's quality as well as its package design. To broaden their product line and increase sales, spirit bottle makers provide a variety of bottle shapes and sizes, alternative labels and tags, and multi-color possibilities. Industry leaders also offer anti-counterfeit packaging for alcoholic beverages to assure security and safety. Due to the shifting alcoholic beverage consumption landscape, the forecast for the spirit bottle market is anticipated to be favorable throughout the projected period. Spirit bottle manufacturers provide a range of customization choices, such as engraving, acid-etching, hot stamping, screen printing, shrink sleeves, applied ceramic labeling (ACL), pressure-sensitive labeling, spray coating, etc.
On the basis of region, the global glass bottles and jars decoration market has been categorized as North America, Europe, Asia-Pacific, and Rest of the World. As per MRFR analysis, Asia-Pacific accounted for the largest market share of 35.56% in 2021 and is expected to register the highest growth rate of 4.09% during the forecast period. Asia-Pacific is the world's biggest and fastest-growing market. The major countries that have a significant impact on the expansion of the Asian-Pacific glass decoration market are China, India, Japan, and Australia, among others. Depending on the end user, several procedures, like blow-blow, press-and-blow, and narrow-neck press-and-blow, are used to create glass containers. The development of this technology throughout time has reduced the weight of these bottles while enhancing their strength and quality. China's alcohol use has been rising steadily over time. North America accounted for the second larget market share of 30.22% in 2021, the Demand for decorative glass in the building & construction industry will drive the global decorative glass market during the projected period. In the US, a poll by the well-known magazine Nail Magazine, located in California, found that more than 25% of women who buy nail products spend between $100 and $200 every month. With decorative glass bottles dominating the nail care category, the increasing use of nail paint will likely boost market development. Additionally, to keep up with the most recent trends, manufacturers of wine glass packaging regularly develop new designs. Europe market includes Germany, the UK, France, Italy, Spain, and the rest of Europe are all included in the analysis. European nations like the UK are anticipated to dominate the market. Italy Together, France, and Spain generally accounted for 39.84% of regional demand in 2021. The UK leads the market with the largest share, followed by Germany, France, and Spain. Due to the benefits to the environment, consumers are becoming more and more interested in glass container options. According to a survey by FEVE & friends of glass in 2020, which involved more than 10,000 customers in 13 different European nations, people purchase more glass than ever before. The market in the rest of the world consists of South America, the Middle East, and Africa. The market in the rest of the world accounted for 9.23% market share in 2021 and is projected to register a growth rate of 2.14% during the forecast period. The Middle East and Africa region will have good scope for growth of the glass container industry due to the moderately growing spirits, and non-alcoholic beverage industry, which will help decorative container glass coatings' sales increase to some extent. The rest of the world region, with good potential for the growth of the food & beverage industry, will witness significant growth in the sales of container glass coatings
Key Findings of the Study: