Authored By: Sarah
11 Jul 2024

 Glass Bottles And Containers Market Size to grow by USD 17.1 billion between 2024-2028

According to a research report “ Glass Bottles And Containers Market” by Type (Transparent glass, Opaque glass) End-user (Beverage packaging, Cosmetics and perfumes, Pharmaceuticals, Food packaging, Others) Geography (North America, APAC, Europe, Middle East and Africa, South America)- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 17.1 billion, at a CAGR of  4.58% during the forecast period. In the current business landscape, there is a notable trend towards sustainable packaging solutions due to increasing environmental concerns. Glass bottles and containers are gaining significant traction as eco-friendly alternatives to plastic packaging. These glass products are not only recyclable and reusable but also have a minimal environmental footprint. The rising demand for sustainable packaging is propelling the growth of the glass bottle and container market. Companies embracing this trend can cater to the preferences of environmentally conscious consumers, thereby enhancing their brand image and customer loyalty. This shift towards sustainable packaging is a strategic move that not only aligns with consumer expectations but also positions businesses as industry leaders in sustainability.

Browse market data tables, figures, and in-depth TOC on “Glass Bottles And Containers Market” by Type (Transparent glass, Opaque glass) End-user (Beverage packaging, Cosmetics and perfumes, Pharmaceuticals, Food packaging, Others) Geography (North America, APAC, Europe, Middle East and Africa, South America) Global Forecast to 2028. Download Free Sample

 

By Type, the Transparent glass segment is projected to dominate the market size in 2024

In the beverage packaging sector, glass bottles and containers are frequently utilized due to their aesthetically pleasing and transparent nature. This enhances the visual appeal of the products, projecting an image of luxury and superior quality. Glass offers an effective barrier against external factors such as oxygen and moisture, which can adversely impact the taste, aroma, and overall quality of beverages. Consequently, glass packaging extends the freshness and flavor of the drink for an extended period. The industry provides a diverse range of glass bottles and containers, available in various shapes, sizes, and designs, catering to the unique requirements of different beverage types. The premium and high-quality image associated with glass packaging is highly valued in the beverage industry.

By End-user, Beverage packaging  segment is expected to hold the largest market size for the year 2024

The Glass Bottles and Containers market represents a significant business opportunity, with increasing demand driven by various end-use industries such as food and beverage, pharmaceuticals, and cosmetics. This market is characterized by its high-quality, durability, and recyclability, making it a preferred choice for numerous applications. Key trends include the rise of eco-friendly glass containers and the increasing use of smart packaging technologies. Overall, the Glass Bottles and Containers market is poised for steady growth in the coming years.

North America is forecasted to hold the largest market size by region in 2024

The Glass Bottles and Containers market represents a significant business opportunity, driven by the growing demand for eco-friendly packaging solutions. This sector caters to various industries, including food and beverage, pharmaceuticals, and cosmetics, among others. Key trends include the increasing preference for glass containers due to their recyclability and the rise of personalized and premium packaging. Market growth is expected to remain robust, driven by these factors and technological advancements.

The Glass Bottles And Containers Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Ajanta Bottle Pvt. Ltd.
  • Ardagh Group SA
  • BA Glass BV
  • Beatson Clark
  • Crestani s.r.l.
  • GAASCH PACKAGING NV SA
  • Gerresheimer AG
  • Glassworks International
  • Middle East Glass Manufacturing Co. S.A.E.
  • O I Glass Inc.
  • Piramal Enterprises Ltd.
  • Saverglass SAS
  • SGD Pharma
  • Stoelzle Oberglas GmbH
  • Verallia SA
  • Verescence France
  • Vetropack Group
  • Vidrala SA
  • Vitro SAB De CV
  • Wiegand Glas Holding GmbH
.

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Research Analysis Overview

The Glass Bottles and Containers market encompasses a wide range of products, from vials and ampoules in the medical supplies and beauty industries, to wine packaging, specialty sauces, olive oils, premium spirits, and even pesticides and fertilizers. Consumer preferences for glass items continue to grow due to their perceived elegance and eco-friendliness. In the beauty industry, glass vials and ampoules are popular for their ability to preserve the integrity of skincare and cosmetic products. Meanwhile, in the medical field, glass containers ensure the sterility and safety of various supplies. The wine industry relies heavily on glass bottles for their premium image and ability to showcase the product's color and clarity. Similarly, specialty sauces and olive oils are often packaged in glass to maintain their freshness and appeal. Glass containers for premium spirits are also on the rise, as consumers seek out high-end products with artistic finishes, shaping, embossing, and innovative technologies. The market for glass bottles and containers is projected to reach a trillion units in shipment volume, driven by increasing demand across various industries. Moreover, the market for glass bottles and containers in agriculture, particularly for pesticides and fertilizers, is also significant, as glass containers offer a reliable and effective solution for storing and transporting these products.

Market Research Overview

The Glass Bottles and Containers market encompasses a wide range of products, including glass canisters, plastic buckets, tubes, preforms, blow-molded bottles, and more. Owens Illinois is a leading production site for glass containers, offering inert material solutions for food packaging, cosmetics & perfumes, and various end-use industries. Glass containers provide benefits such as visibility, impermeability, and food quality, making them ideal for food and beverages. In the beverage sector, glass bottles offer advantages like customized designs, aesthetics, and versatile use. CO2 emissions are a concern, but glass containers have sustainable credentials due to their recyclability and design flexibility. Glass items like jars, vials, ampoules, and dropper bottles are used for various applications, from food and beverages to pharmaceuticals and chemicals. Plastics are also used, but glass's advantages in terms of consumer convenience, safety, and product preservation make it a preferred choice for many industries. The market for glass packaging includes retail sales of beer, returnable glass bottles, and various alcoholic beverages like wine, whiskey, and spirits. Urban centers with expanding economies and increasing purchasing power contribute significantly to the market's growth. Innovative designs, such as single-serve wines, Champagne Telmont's elegant feel, and Vinebox's attractiveness, help attract consumers and reduce product loss due to spoilage caused by sunlight. The market's valuation is expected to reach trillion units in shipment volume, making it a significant contributor to the global packaging industry. Despite the benefits, glass containers face challenges like thermal shocks, breakage, and transportation costs. However, advancements in glass packaging technologies, such as pump heads, foaming caps, spray nozzles, and drip inserts, are addressing these concerns while catering to consumer preferences for convenience packaging and sustainable solutions. Consumer lifestyles and purchasing power influence the market, with trends like specialty sauces, olive oils, premium spirits, and fragrance products driving growth. The market's future looks promising, with a focus on recycling infrastructure, energy consumption, and addressing safety concerns.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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