Glass Container Market Research Report - Global Forecast to 2030

Glass Container Market Report by Product Type (Glass Bottle, Glass Jars, Glass Vials, and Candle Glass Containers), by End-use (Cosmetics & Perfumes, Pharmaceuticals, Food Packaging, Beverage Packaging and Other Products) and by Region - Global Forecast to 2030.

ID: MRFR/PNT/3708-HCR | February 2021 | Region: Global | 111 pages

Glass Container Market Overview:

Glass container market is expected to grow at ~ 5% CAGR during the forecast period (2022 to 2030).

COVID-19 Analysis:

Life has not been the same since the onset of the delay coronavirus. Most of the businesses in every market across the globe have faced significant setbacks due to continuous lockdown and the individuals' deteriorating health. But what stays as the hope for many is the ability to get back to normal under the guidance of those who have extensive knowledge about the glass container Industry. The report prepared has everything that a business needs to ensure that they overcome the losses that they have suffered since the onset of the pandemic. After the intensive research on the glass container Market Analysis by the experts from the industry by using the current scenario of the glass container Market, historical outlooks, and the strategized implementation techniques that have been covered in the report. Moreover, the competitors' situation has also been considered so that the business owners and the staff can self analyze themselves.

Market Dynamics:

Various factors drive the growth of the glass container Market Size across the world. A few of them are:

  • Increased demand for alcoholic drinks consumption in countries like China and India.

  • An increase in the improved health care system across the world is another primary factor that has enhanced the glass container Market Growth.

In European countries like Turkey, Russia, and Germany, the glass container Industry's key driver is the increased consumption of beer.

  • With the increase in the average living age of an individual globally, the need for pharmaceutical products that demand to package in glass containers has increased too, which is another factor that promotes the glass container Market Value.

Also, certain Factors have acted as a restraint in the growth of the glass container Market Trends. These are

  • The glass containers have a high risk of breaking hence need proper care.

  • The transportation cost also increases because products packed in these have to be taken from one place to another with gentle care.

Competition Landscape:

The key players in the market include Amcor Limited (Australia), Frigoglass (Greece), Owens-Illinois Inc. (U.S.), Consol Glass (Pty) Ltd. (South Africa), Central Glass Co., Ltd. (Japan), Vitro, S.A.B de C.V. (Mexico), VIDRALA (Spain), Industries Limited. (India), Hindusthan National Glass and Ardagh Group S.A. (Luxembourg).

All these key players in the market have been striving hard to ensure that the glass container market reaches the heights of success. This has been made possible by the continuous efforts to bring new technologies and advancements in the sector. Also, the strategic planning and the proper implementation of the techniques have helped each of them and earn a name for themselves in the glass container Market Share. Moreover, they have also kept a regular check on each other to analyze what areas they need to work on to get better into the market.

Regulatory implications:

The primary reason that propels the glass container Market Value is the increasing demand for pure and sustainable packaging alternatives. People are getting more conscious about their health; hence they look forward to something that would not destroy the nutrients of the food. Glass is not just chemically inert, but it even stays pure after getting in contact with almost every substance. This incredible property of the glass makes it the first choice of pharmaceutical companies as well. Moreover, they neither fade nor deteriorated with time.

Market Segmentation:

The glass container market is broadly classified into two subtypes. These are:

  • By product type

  • By End-use

By product type: This segment is further divided into the following:

  • Glass jars

  • Glass bottles

  • Glass vials

  • Candle glass containers

The glass bottle segment has become a sought-after container for liquids like beverages. Right from the wines to the did, glass bottles are used on a large scale worldwide.

By end-use: This segment is subdivided into Tue following:

  • Pharmaceuticals

  • Beverage packaging

  • Food packaging

  • Cosmetics and perfumes

  • Other products

The fact that class does not react with many substances ensures that the packaged goods say fresh and healthy has also been making it the best choice for many food packages.

Regional Analysis:

The glass container glass container Market Trends are divided into four segments based on the regions, namely.

  • Europe

  • North America

  • Asia pacific.

  • Rest of the world

Out of all these, Asia Pacific was a dominant leader in the glass container Market Size in 2013/and had almost 37.2% of the total glass container Market Revenue. These areas are still witnessing massive expansion in the glass container Market with the increased demand if beverages and packaged food material. Moreover, the region also has high availability of silica, one of the primary raw materials in glass manufacturing.

The region that follows after the Asia Pacific is Europe which accounts for 31.9%of the total glass container Market Revenue of the glass container Market Share. The significant factors that promote the growth of the market in Europe are the increasing demand for beer across countries like Germany and France.

The factor that would speed up the glass container Market Growth in North America's market is the increasing demand for the pharmaceutical industries in the area.

Recent Developments:

In the year 2020, the new symbol of packaging was unveiled in Brussels, specially designed to benefit from using glass packaging in the limelight. According to FEVE, also called a European container glass federation, this symbol is indeed a milestone for brands and the industry's consumers.

Also, A directive by European parliaments and council to ensure that the manufacturers' necessary actions to implement disposal of packaging waste, a law was passed.

In January, six new and sophisticated glass wine bottles were designed by Adrah group, which is a corporate unit of the most significant wine producer.

A glass collection center was established in November 2019 by Owens Illinois at its headquarters. The glass was sent for recycling to the Rumpke recycling plant. This was then repurposed into fiberglass or the new wine packages.

In March 2020, a significant acquisition of three major companies was announced, which led to the decrease in the dependency of these on external sources.

In November 2020, Vidrala and Encirclit launched an industrial furnace in
Chesire. This is a giant given which can process almost 900 tons of glass container each day giving a new horizon to the glass container Market Outlook.

Wen's Illinois and Krones AG made a collaboration in 2020 to increase the glass packaging industry's innovation. The aim of this collaboration was significant to provide the products with efficiency and high quality.

Recyclable material from raw materials Like limestone, sand, soda ash, and other ingredients is called Glass. Further, these glasses undergo a process like Press and blow, blow-blow, and narrow neck press blow to manufacture Glass containers. There are numerous options available in the market for packaging purposes. Still, glass has been the best option and is likely to stay the beat, too, unless something beyond comparison is invented. As a matter of fact that it is not only reusable and durable but also sterile and chemically stable been making it more popular each day. It is also eco-friendly and hygienic. Glass container market is mainly utilized in food products, chemicals, alcoholic beverages, and personal care products. Not only this but according to the standards that have been marked for the most derided product for packaging that is environment friendly, glass containers have ranks number one.

Report Overview:

The glass container industry is one of the leading industries in the packaging market. The reason for its popularity is the behavior of the glass. It stays chemically inactive after coming in contact with almost every substance; this has become the first choice for food and beverages and the pharmaceutical industry. According to glass container Market Analysis, it has intense competition with the metal industry in the form of cans, but it is still expected to continue with a high market share in the forecast period. The Asia Pacific dominates the market because of the increasing demand for beverages. Moreover, glass is recyclable does not cause any harm to the environment. There are factors like fluctuating prices of raw material that have been pulling back the growth but overall the glass container Market Outlook is relatively healthy.

Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   5% CAGR (2022-2030)
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019 & 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Product Type and End-use
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Amcor Limited (Australia), Frigoglass (Greece), Owens-Illinois Inc. (U.S.), Consol Glass (Pty) Ltd. (South Africa), Central Glass Co., Ltd. (Japan), Vitro, S.A.B de C.V. (Mexico), VIDRALA (Spain), Industries Limited. (India), Hindusthan National Glass and Ardagh Group S.A. (Luxembourg).
  Key Market Opportunities   New product launches and R&D Amongst major key Players
  Key Market Drivers

  • Increased demand for alcoholic drinks consumption
  • Increase in the improved health care system across the world

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    Frequently Asked Questions (FAQ) :

    The global Glass Container Market is expected to record a substantial market valuation by 2027.

    The global Glass Container Market is projected to register a moderate 5% CAGR in the forecast period.

    The glass jar segment is slated to expand as the fastest-growing segment.

    The food and beverage segment is slated to expand as the fastest-growing segment.

    A few major market players operating in the global Glass Container Market are VIDRALA (Spain), Amcor Limited (Australia), Central Glass Co., Ltd. (Japan), Owens-Illinois Inc. (U.S.), BA Vidro, S.A. (Portugal), among others.

    The expected market value for the market would be substantially at the end of 2027.