The Glass Packaging Market in North America is being driven by Increasing consumption of beverages
The Glass Packaging Market in North America is expected to grow at a CAGR of 3.4% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 3202.1 million. In the North American glass packaging market, consumer preferences are increasingly leaning towards sustainable packaging solutions. The environmental impact of packaging materials is a significant consideration for over one-third of consumers, who believe that some products are excessively packaged. Glass, as a packaging material, holds the third position in terms of recyclability after paper and metal. Currently, approximately half of all glass containers manufactured in North America are produced using recycled glass. Companies that prioritize sustainability in their manufacturing processes have reportedly achieved higher margins of 3%-5% compared to their competitors utilizing traditional methods. This trend is expected to persist during the forecast period and beyond.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
197 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.4% |
Market growth 2025-2029 |
USD 3202.1 million |
Market structure |
fragmentation |
YoY growth 2024-2025(%) |
3.3 |
Key countries |
US, Canada, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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The North American Glass Packaging Market is focusing on various strategies to enhance its competitiveness. These include the utilization of glass cullet for production, optimization of mold designs for improved yield, and implementation of quality assurance metrics. Recycled glass content is being increased for energy efficiency and emission reduction, while process optimization strategies are being employed for material science applications. Product safety regulations and packaging waste management are key considerations, with a focus on supply chain sustainability and manufacturing cost reduction. Defect rate minimization is achieved through process control technologies, automation integration, and advanced materials testing. Enhanced barrier properties, improved shelf life, and sustainability certifications are essential for consumer safety and product traceability. Packaging durability is being addressed through lightweight glass design and a reduced environmental footprint. High-speed filling lines and automated inspection systems are crucial for increased production efficiency.
In the North American glass packaging market, the supply chain encompasses various stakeholders, including raw material suppliers and manufacturers of metal, glass, and plastic containers. Glass container production involves the use of raw materials such as borosilicate, neutral glass, soda-lime-silica glass, treated soda-lime glass, de-alkalized soda-lime glass, and regular soda-lime glass. The manufacturing process includes glass composition analysis, container manufacturing methods, and closure system design. Recycling processes are integral to the glass packaging industry, ensuring sustainability and reducing production costs. The glass industry's competitive landscape is fragmented, with multiple players involved in the entire value chain, from raw material procurement to distribution to end-users.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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