Glass Packaging Market Outlook Top Companies (Bormioli Rocco SpA, Amcor Limited, Saint Gobain, Gerresheimer AG, Owens-Illinois Inc., Ardagh Group, HEINZ Group, Koa Glass Co. Ltd., Tamron Co. Ltd), Cost Structure Analysis by 2023

The key trends identified in the glass packaging market are a shift in demand for packaging products, from traditionally favored plastic to glass, in the pharmaceutical, and food and beverage industries, and recent advancements in technology to make glass bottles compact and portable.

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On the basis of application, the glass packaging market is classified into alcoholic beverage packaging, non-alcoholic beverage packaging, food packaging, and pharmaceutical and personal care packaging. Alcoholic beverage packaging is expected to contribute significantly to the market growth in the future. Glass is chemically inert; therefore, it does not react with the food, pharmaceuticals, alcoholic beverages, and personal care products.

During the forecast period, the glass packaging market is expected to be driven by a host of factors such as the growing adoption of glass packaging products in the pharmaceutical, and food and beverage industries and the increasing demand for glass in the APAC region for packaging purposes.

The adoption of substitutes such as plastics and metal cans for packaging and saturation in the Western European glass packaging market are identified as the key factors restraining the growth of the glass packaging industry to some extent.

The study provides the historical as well the forecast market size data for various countries, including the U.S., Canada, France, Germany, the U.K., Italy, Spain, Japan, China, India, Brazil, Saudi Arabia, and South Africa.

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Some of the major companies operating in the global glass packaging market are Bormioli Rocco SpA, Amcor Limited, Saint Gobain, Gerresheimer AG, Owens-Illinois Inc., Ardagh Group, Hindusthan National Glass & Industries Limited, Amcor, HEINZ Group, Koa Glass Co. Ltd., Tamron Co. Ltd., Piramal Glass Limited, Stolzle-Oberglas GmbH, and China Glass Holdings Limited.

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