Global Glass Packaging Market 2019 Analysis by Top Manufacturers - Consol Glass, Owens-Illinois, Ardagh Packaging Group PLC, Piramal Glass, AGI Glaspac, Hindustan National Glass & Industries, Garib Glassworks, Toyo Glass and Others

Adroit Market Research has announced the addition of the “Global Glass Packaging Market Size Status and Forecast 2025”, The report classifies the global Glass Packaging in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.

Global Glass Packaging Market Overview

The global glass packaging market revenue is estimated to reach USD 135.52 billion driven by the increasing demand for the product from numerous end-use industries, majorly from the beverage industry. Rising consumer spending coupled with unique properties of glass is supporting its growth in the global packaging industry.

Glass does leech any chemicals into the packed product. Additionally, the superior barrier properties of the material allow the item inside to remain unaltered, thus, making glass the preferable choice for packaging. Glass being impermeable, non-porous and non-reactive, is the most preferred packaging material for various non-alcoholic and alcoholic beverages. Moreover, manufacturers are shifting their focus back to glass in light of numerous regulations banning the use of plastics as packaging materials.

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Global Glass Packaging Market Top Player’s

• Consol Glass
• Owens-Illinois Inc.
• Ardagh Packaging Group PLC
• Piramal Glass
• AGI Glaspac
• Vidrala SA
• Hindustan National Glass & Industries Ltd
• Nampak Ltd
• Amcor Ltd
• Carib Glassworks Ltd
• VITRO
• Gerresheimer AG
• Toyo Glass Co. Ltd.

Strong capital investments by companies in their plants and working with other industry stakeholders to improve the quality of recycled glass; and to produce innovative packaging solutions to attract more customers are some of the macro factors that are augmenting the growth of the global glass packaging market. The key trend in the global glass packaging market includes recycling and reduction in the weight of these containers. Suppliers are gradually increasing the usage of cullet to reduce the production and landfill cost. Furthermore, the weight of container glass has been reduced by nearly 30% since the earlier era resulting in the material posing a tough competition for its largest competitor, i.e., plastics.

From a sustainability point of view, companies are increasing the amount of recycled content in their bottles and jars. Overall, the global glass packaging market has seen an increase from 26% to roughly 33% of recycled content over the past five years. Some companies in North America run their facilities at recycled glass rates of 50% or more, with one of the glass plants averaging above 90% recycled content. The growing trend of immigration of people from other counties to the region, especially the U.S., is expected to augment the U.S. glass packaging market via numerous end-use industries.

Asia Pacific was the largest market for glass packaging closely followed by Europe. Together, these regions accounted for 69.5% of the global glass packaging market volume share in 2017. Preference for glass over other materials among consumers in these regions is expected to augment the growth of the market.

Key segments of the global glass packaging market:

Application Overview, 2015-2025 (Kilo Tons) (USD Million)
• Alcoholic beverages (excluding beer)
• Beer
• Food & beverages
• Pharmaceuticals
• Others

Regional Overview, 2015-2025 (Kilo Tons) (USD Million)
• North America
o U.S.
o Mexico
o Canada
• Europe
o Germany
o UK
• Asia Pacific
o China
o India
• Rest of the World

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