Glass Bottles and Containers Market: Global Industry Analysis and Forecast (2023-2029)

Glass Bottles and Containers Market size was valued at US$ 69.90 Bn in 2022 and the total revenue is expected to grow at 4.7% through 2023 to 2029, reaching nearly US$ 96.41 Bn.

The global Glass Bottles and Containers market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Glass Bottles and Containers report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Glass Bottles and Containers Market Overview:
Glass bottles are used in a wide number of sectors and this feature has helped drive market demand. In the next years, the revenue index of the worldwide glass bottles and containers market is predicted to improve. Glass bottles are commonly used in industries such as healthcare, chemicals, and pharmaceuticals. Glass packaging is 100 percent recyclable, making it an environmentally friendly packaging solution. Recycling 6 tons of glass saves 6 tons of materials and reduces CO2 emissions by 1 ton.

In recent years, new technology for carving glass bottles has emerged. Furthermore, in the worldwide glass business, novel strategies for improving glass manufacturing have gained traction. The worldwide glass bottles and containers market is expected to provide profitable prospects in the next years as a result of the aforementioned considerations.
Glass Bottles and Containers Market Dynamics:
Drivers:

The increase in beer consumption throughout the world is one of the primary reasons driving market expansion. Beer is one of the alcoholic beverages that is packaged in glass bottles. It's packaged in dark-colored glass bottles to keep the contents from spoiling when exposed to UV radiation. Furthermore, according to the NBWA Industry Affairs, US consumers aged 21 and above consume approximately 26.5 gallons of beer and cider per person per year.

The widespread use of plastic has led to environmental contamination during the previous two decades, and international agencies are increasingly highlighting the need to minimize plastic consumption. As plastic becomes less popular, the worldwide glass bottle and the container industry is expected to grow significantly.

Recent technical improvements, such as textured labels and 3D printing of company logos on bottles are giving flint glass bottles and containers a magnificent appearance while distinguishing them from the competition. In the next four years, further developments in this technology is likely to fuel demand for flint glass bottles and containers.
Glass Bottles and Containers Market Restraints:
However, the contents of flint glass bottles and containers are not protected from ultraviolet (UV) radiation. This restricts the range of applications for flint bottles and containers to a handful.
Glass Bottles and Containers Market Segment Analysis:
Based on Color, the flint glass containers accounted for the largest share of the market during the forecast period. Crystal white glass bottle is another name for flint glass bottle. When maximum visibility and the integrity of the contents of a bottle or jar are essential, it is a perfect choice. The clarity of flint glass is one of its most obvious advantages. The ideal packaging solution for manufacturers that want buyers to view their goods is flint glass.

Only a few plastic packaging solutions on the market come close to matching the clarity of glass. This provides flint glass an advantage over its plastic counterparts. The most typical use of flint glass in the food business is to package jam, pickles, honey, and sauce. It's also one of the most often used packaging materials for non-alcoholic beverages (soft drinks), hotels, labs, life sciences, samples, and a variety of other uses. Printing 3D logos and textured labels on flint glass is also the best solution.

Based on End User, the beverage sector accounts for a significant portion of the worldwide glass packaging demand. As a result of the COVID-19 pandemic, the liquor business has seen a huge reduction in demand, as it is no longer considered a necessary business by governments. Moreover, the Milk sub-segment is expected to hold a major share of the market. Plastic bottles are being phased out of the worldwide dairy business in favor of glass bottles. Many small dairy industry participants chose to sell their goods in reusable bottles in response to customer demand for ecologically friendly milk. When compared to other areas, the need for glass bottles in the milk sector has increased throughout Europe.

DiaryDrop, which supplies 3,000 clients in Cheshire and is situated in Alderly Edge, has declared a major reversal in the glass milk bottle delivery trend. Since last year, the number of customers receiving glass bottles from Creamline Dairies, a Cheshire-based milk provider, has increased by 85 percent. Furthermore, with firms like A.B. Munroe Dairy United States implementing many measures to encourage customers to utilize glass bottles by delivering door-to-door delivery of fresh milk bottles, the market examined is likely to increase throughout the projection period, particularly in the United States sub-urban regions.
Glass Bottles and Containers Market Regional Insights:
Europe is the world's largest market for glass bottles and containers, and it is likely to remain so during the projection period. More than 35% of the market for glass bottles and containers is projected to be concentrated in Europe, with the majority of it going to the continent's world-famous alcoholic beverage sector. Due to the many beverage packaging uses of glass bottles and containers, countries such as Germany, Russia and France account for up to 40% of the market in Europe.

Germany is Europe's most populated country, with the greatest market share in the region's healthcare and homecare products segments, which are the country's primary sources of demand for glass bottles and containers. There are around 41 manufacturing facilities in France, managed by 24 businesses, accounting for the second biggest number of manufacturing facilities in Europe.

The alcoholic beverage sector in Russia has the highest demand for glass bottles and containers. With a per capita consumption of 14.5 liters, Russia is the world's fourth-largest alcohol consumer. Because glass is a key packaging material for alcoholic drinks, the glass packaging industry in this area is likely to develop at a healthy rate. In the next four years, the demand for glass bottles and containers is likely to be governed by the increasing amount of exports in Europe's alcoholic beverage industry.

After the United States, Japan has one of the fastest-growing pharmaceutical sectors, with a constant focus on strong innovation and patent pharmaceuticals. The Japanese government is also helping to drive growth by removing barriers to overseas investment, which is fueling the country's pharmaceutical sector.

Due to a surge in demand for pharmaceutical and chemical sectors, which favor glass packaging due to the inert nature of glass bottles, the Asia Pacific area is predicted to expand at a faster rate than other nations. China, India, Japan, and Australia, among other countries, are important contributors to the Asia Pacific glass packaging market's growth.

China's pharmaceutical and healthcare industry is one of the world’s largest, owing to the country's rapidly aging population. Foreign pharmaceutical businesses are having difficulty conducting business in the nation as a result of recent legislative reforms, particularly when it comes to market access and pricing regulation. As a result, local players may see an increase in demand for glass bottles and containers from these enterprises, creating a potential development opportunity. International businesses are also heavily investing in pitching to the Chinese market. Givaudan, for example, has committed USD 100 million in establishing a new production center for its fragrance business. By 2022, the facility should be up and running.

Only the re-use of glass packaging solutions, particularly bottles, is expanding in India. Since Indian customers place a premium on health, they prefer glass packaging to choices because it inhibits leaking from its surface.

The objective of the report is to present a comprehensive analysis of the global Glass Bottles and Containers market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the global Glass Bottles and Containers market dynamics, structure by analyzing the market segments and project the global Glass Bottles and Containers market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Glass Bottles and Containers market make the report investor’s guide.
Glass Bottles and Containers Market Key Developments:
In January 2020, Ardagh Group's Glass - North America, the company's largest domestic glass bottle maker for the US wine industry, has developed six new sophisticated glass wine bottle designs.
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Glass Bottles and Containers Market


Report Coverage
Details


Base Year:
2022
Forecast Period:
2023-2029


Historical Data:
2018 to 2022
Market Size in 2022:
US $ 69.90 Bn.


Forecast Period 2023 to 2029 CAGR:
4.7%
Market Size in 2029:
US $ 96.41 Bn.


 Segments Covered:
by Color
Amber
Flint
Green
Other Colors


by End User
Beverages
  Liquor
  Beer
  Wine
  Soft Drinks
  Milk
Food
Cosmetics
Pharmaceuticals
Others



Glass Bottles and Containers Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe)
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina Rest of South America)
Glass Bottles and Containers Market, Key Players are
1. Owens-Illinois, Inc.
2. Vidrala SA
3. Ardagh Packaging Group PLC
4. Wiegand-Glas GmbH
5. Verallia Packaging SAS
6. Vetropack Holding Ltd
7. Stolzle Glass Group
8. AGI Glasspack Ltd
9. Hindustan National Glass & Industries Ltd
10. Vitro SAB de CV
11. Consol Glass (Pty) Ltd
12. Carib Glassworks Ltd
13. Gerresheimer AG
14. Middle East Glass Manufacturing Co SAE
15. Toyo Glass Co. Ltd
16. BA Glass BV
17. Piramal Glass Ltd
18. APG Europe
19. Other Key Players

Frequently Asked Questions:

1. Which region has the largest share in Global Glass Bottles and Containers Market?
Ans: Europe region held the highest share in 2022.

2. What is the growth rate of Global Glass Bottles and Containers Market?
Ans: The Global Glass Bottles and Containers Market is growing at a CAGR of 4.7% during forecasting period 2023-2029.

3. What is scope of the Global Glass Bottles and Containers Market report?
Ans: Global Glass Bottles and Containers Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.

4. Who are the key players in Global Glass Bottles and Containers Market?
Ans: The important key players in the Global Glass Bottles and Containers Market are – Owens-Illinois, Inc., Vidrala SA, Ardagh Packaging Group PLC, Wiegand-Glas GmbH, Verallia Packaging SAS, Vetropack Holding Ltd, Stolzle Glass Group, AGI Glasspack Ltd, Hindustan National Glass & Industries Ltd, Vitro SAB de CV, Consol Glass (Pty) Ltd, Carib Glassworks Ltd, Gerresheimer AG, Middle East Glass Manufacturing Co SAE, Toyo Glass Co. Ltd, BA Glass BV, Piramal Glass Ltd, APG Europe, and Other Key Players

5. What is the study period of this Market?
Ans: The Global Glass Bottles and Containers Market is studied from 2022 to 2029.