Glass Packaging Market | Worldwide Overview By Owens-Illinois, Ardagh, Verallia, Vidrala, BA Vidro, Gerresheimer, Vetropack, Stölzle Glass, Piramal Glass, Luigi Bormioli, Allied Glass Containers, Nihon Yamamura and Heinz Glas

Glass Packaging Market Snapshot

Despite the arrival of a range of packaging solutions, glass-packaging industry continues to witness an upward trend. By the year 2022, the global market for glass packaging is expected to surpass USD 66,000 Mn. Demand for glass packaging remains concentrated in industries such as food & beverage, pharmaceuticals and cosmetics. The vital characteristics of glass packaging such as zero chemical leaching, malleability and the non-reactive nature continue to drive its adoption. Moreover, the advantages of recyclability and reuse of glass packaging suits well to the notion of using packaging materials that are not only efficient but also eco-friendly. Glass packaging keeps products safe and preserves their freshness for longer period. Glass is one of the most preferred materials for packaging alcoholic beverages, non-alcoholic beverages, liquid-based pharmaceutical products and a variety of other perishable and non-perishable products. Increased efforts towards promoting the adoption of environmentally sustainable products have also helped revive glass packaging.

Report Overview

The MRFR market outlook includes a five-year forecast (2017-2022) of the global glass packaging market. Key market dynamics have been thoroughly discussed in the research document. Examination of macro and micro-economic factors that are likely to influence the growth trends of the market has been conducted on a granular level. The scope of the discussion also covers different glass packaging products such as standard glass quality, premium glass quality, and super premium glass quality. Revenue analysis has been conducted on the basis of key application areas (beverage packaging, food packaging, personal care packaging, pharmaceuticals packaging) of glass packaging. The market for glass packaging has been assessed across five major regions- Europe, Asia Pacific (APAC) North America, the Middles East and Africa (MEA) and Latin America, with the respective country-level market sizing.

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Report Coverage

Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country-level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and Porter's five forces analysis of the market.

Players Covered

Owens-Illinois Inc., Ardagh Group S.A, Verallia, Vidrala S.A., BA Vidro, Gerresheimer AG, Vetropack Holding Company, Stölzle Glass Group, Piramal Glass, Wiegand-Glas GmbH, Zignago Vetro S.P.A., Verescence, Luigi Bormioli Corporation, Vetrobalsamo Spa, Allied Glass Containers Ltd, Nihon Yamamura Glass Co., Ltd., Vitro, Heinz Glas GmbH & Co. KGAA.

Research Methodology

Market Research Future (MRFR) employs proven analytical algorithms to extrapolate market divergences. Every element related to the market such as demand trends, supply chain, consumer behavior, etc. is analyzed before deducing an insightful conclusion. Our emphasis is on delivering accurate trend analysis, which can assist our clients stay ahead of the curve. The statistical observations made are backed by inputs sourced from primary and secondary research, which include interviews with top-level executives, SEC filings, fact sheets published by industry leaders, and white paper references among others. Top-down and bottom-up approaches are employed for authenticating the reliability of the market projection provided. A multi-layer verification process reaffirms the credibility of data available in our reports. The aim is to empower our clients with actionable intelligence supported by explanatory representations for early identification of opportunities and threats.

Market Segmentation

The global glass packaging market has been segmented based on product, application, and region. By product, the market has been segmented into standard Glass Quality, Premium Glass Quality, and super Premium Glass Quality. The premium quality glass segment accounts for the largest share of the market and is likely to retain its position throughout the forecast period due to its extensive application in the pharmaceutical and food & beverage industry.

By application, the market has been segmented into food packaging, beverages packaging, pharmaceuticals packaging, personal care packaging and others. The beverage packaging segment is the largest segment and is expected to expand at a CAGR of 3.35% over the forecast period. Increased consumption of alcoholic beverages such as wine, beer, wine, vodka, and rum and non-alcoholic beverages such as energy drinks across the globe has induced demand for beverage packaging which is reflecting positively on the glass packaging market. Plastics contain ethylene glycol and terephthalic acid which causes alcohol to leach if stored for a longer duration. Compared to plastic, glass bottle has high resistance against leaching which makes it a favored material for beverage packaging.

Regional Analysis

Asia Pacific currently leads the global market for glass packaging and is expected to present lucrative opportunities to market players throughout the forecast period. Growing industrialization in the region in addition to the rising consumption of beverages drives the market in Asia Pacific. Increase in disposable income has resulted in an upsurge in demand for packaged food, which also supports the market growth. Moreover, increase in disposable income encourages consumers to indulge in glass packaged items which are comparatively expensive and changing the preference of consumers towards environment-friendly and recyclable products augment the growth of the market in Asia Pacific region. China, India, and Japan are the key contributors to the Asia Pacific market which is being led by China. China being the most prominent global market for food and beverage products, experiences increased demand for glass packaging and is foreseen to retain its position over the forecast period. Government support for foreign investments and industrialization makes Asia Pacific a lucrative destination for expansion of global glass packaging market.

Europe is the second largest market for glass packaging and the growth of the regional market is led by the U.K. As per the Global Information System on Alcohol and Health (GISAH), Europe ranks the highest in terms of alcohol consumption in the world which results in increased demand for alcoholic beverages and, in turn, drives the market for glass packaging. Additionally, the European region is engaged in the production of personal care and beauty products due to high living standards prevailing in the region which further stimulates the demand for the packaging industry. Several high end cosmetics and personal care brands originate in the region and in order to have an aesthetically pleasing appearance and functional storage of product, glass packaging is preferred.

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Global Glass Packaging Market: Competitive Landscape

The global glass packaging market is characterized by the presence of many global, regional, and local players. The market is highly competitive with all the players competing to gain market share. Intense competition, and increasing demand for various grades of products confront market growth. The vendors compete based on cost, product quality, and reliability. It is crucial for the vendors to provide cost-efficient and high-quality glass, to survive and succeed in an intensely competitive market environment.

Owens-Illinois Inc. is leading manufacturer and seller of glass containers in the food and beverage segment industries. The company manufactures glass containers for the alcoholic beverage which include Flavoured malt beverages, Wine, Spirits and Beer, food, tea, Juice, Pharmaceutical & Chemical segment and Tableware. The company offers its product in different ranges of sizes, colors. Owens-Illinois operates in 23 countries and has 79 manufacturing and processing plants in these countries. Owens-Illinois also provides engineering support to its manufacturing operations located in Australia, France, Poland, Peru, Colombia, and the United States. The company mostly uses recycled material in its production process so that they could be more sustainable company and an environmentally concerned company. Owens-Illinois strategy is to focus on providing innovative competitive solutions to its customers in the food and beverage sector. The company’s goal is to enhance the shareholders wealth and enable the future success of its customers and employees.

Ardagh Group S.A. is leading supplier of glass packaging solutions, metal packaging solutions and infinitely recyclable. The company believes in continuous innovations in quality and customer services and by the strong investment has underpinned to their growth over 2 decades. The company operates 108 facilities across 22 countries worldwide. The company aims to operate its business sustainably. Thus, they only supply those materials, which can be 100% infinite recycled and reused. The company also offers packaging solutions to the other markets sectors are beverage cans, beers and spirits, food and aerosols. The company has an annual sales of USD 8.6 billion, globally. The company uses leading technology and expertise in the field in its operations and has focus on operational excellence and optimization of manufacturing base.

Verallia is one of the leading manufacturers and suppliers in glass packaging industry. The company supplies glass jars and bottles for the food and beverage industry, globally. Verallia also manufactures stock containers of different ranges and sells all over the global market. The company has different operations in Argentina, Brazil, Espana, Italia, North America, Ukraine and Deutschland. The company is the former subsidiary of the Compagnie de Saint-Gobain S.A. Verallia is the third largest producer of the glass packaging for the food and beverages industry and supplies innovative and environment-friendly solutions to more than 10,000 customers in the global market. The company’s key focus area is increasing the market share in glass packaging market through internal growth and acquisitions. It uses well-established strategy to develop technologies that generate attractive cash returns. As a result, it expects to continue to increase the number of their product offerings in the market and acquire new customers and distribution channels.

Vidrala S.A. is a privately held company with 9 production sites in over 5 countries Spain, Portugal, Belgium, England, Italy. The company supplies different varieties of product in the food and beverage industry. The company has its business activities in complete value chain of glass, starting from raw material procurement, melting process, forming, to packaging and distribution. Vidrala has the production capacity of 8 billion containers of glass bottles, per year. The company uses 51% recycled glass in its operations. The company operates through two regional segments, namely European Union and Spain union. Vidrala sees its key strategy in expansion. The company has improved its operational efficiencies and has expanded its geographic presence by setting up facilities, across the globe, to cater to the standard and customized needs of the client base.

BA Vidro is a manufacturer and a marketer of glass bottles. The company has a partnership with CVC Capital Partners financial group, which had purchased USA’s Anchor Glass, which has six manufacturing facilities, 11 furnaces and 31 machines that have a production capacity of nearly 5 billion glass containers, per year. Anchor Glass serves various segments such as food and beverage, beer, ready to drink and liquor products and its manufacturing facilities are located in Georgia, Indiana, Oklahoma, New York and Florida, which will increase their market share. The company is focusing on its current and future customers and building the image of the best premium quality goods provider through innovation, and consistent services, which will build and keep the trust within the customer. BA Vidro is encouraging and developing the talent of its employees so that they can create an opportunity for them as well as for the company and build its core competency

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