Press release
Global Glass Packaging Market is projected to witness significant growth, with a forecasted CAGR of 5.9 Percent from 2023 to 2029.
Glass Packaging Market
This report provides an overview and analysis of the global Glass Packaging Market, covering market values, report scope, research methodology, drivers, restraints, regional insights, and market segmentation. The research methodology involved a combination of primary and secondary data sources to ensure a comprehensive examination of the market. Market size and forecasts were derived using a bottom-up approach and multiple data triangulation methodologies.
Glass packaging continues to shine as an eco-friendly and sustainable choice amidst the global plastic pollution crisis. The cradle-to-cradle closed-loop recycling of glass makes it an attractive packaging solution. Changing attitudes towards sustainable and safe packaging create niche growth opportunities for glass packaging, particularly in the alcohol, food, and pharmaceutical industries.
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What are Glass Packaging Market Dynamics:
The increasing demand for safe and healthy packaging options is a significant driver for the Glass Packaging Market. Consumers are increasingly seeking packaging materials that ensure the health and safety of products. Glass packaging, with its health and safety benefits, is trusted by industries such as food and beverage and personal care.
The trend of premiumization in the beverage industry has led to the dominance of glass packaging, particularly in categories such as soft drinks, alcoholic beverages, juices, coffee, tea, and non-dairy beverages. Glass packaging is preferred for its premium quality and ability to preserve the freshness of products.
The increasing demand for glass packaging creates challenges in the supply chain, particularly in terms of long lead times and consolidation among glass producers. Occupational health and safety concerns are also associated with the glass manufacturing industry.
Glass Packaging Market Regional Insights:
North America currently dominates the Glass Packaging Market with a market share of 43% in 2022. The region's growth is driven by the consumption of alcoholic drinks and the demand for pharmaceutical packaging. Europe and Asia Pacific are mature markets in food containers, while the alcoholic beverage packaging market is expected to witness the fastest growth in North America.
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What is Glass Packaging Market Segmentation:
By Type:
Flat glass
2. Container glass
3. Continuous filament
4. Domestic glass
5. Special glass
By Product:
Bottles
2. Jars And Container
3. Ampoules
4. Vials
5. Others
By End-user:
Food
2. Beverages
3. Alcoholic
4. Non-Alcoholic
5. Pharmaceuticals
6. Personal Care and Cosmetics
7. Others
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Who are Glass Packaging Market Key Players:
Amcor Ltd
2. Ardagh group
3. Bormioli Rocco spA
4. Gerresheimer AG
5. Hindusthan National Glass & Industries Ltd.
6. Koa Glass Co. Ltd
7. Nihon Yamamura Glass Co Ltd.
8. Owens-Illinois Inc.
9. Piramal Glass Limited
10. Saint-Gobain S.A.
11. Stölzle-Oberglas GmbH
12. Vetropack Holding AG
13. Vidrala SA
14. Wiegand-Glas
15. Heinz-Glas GmbH.
16. Koa Glass Co. Ltd
17. Consol Specialty Glass (Pty) Limited
18. Berry Global Inc
19. Westpack LLC
20. Schott A.G
21. Verallia
Table of content for the Glass Packaging Market includes:
Global Glass Packaging: Research Methodology
Global Glass Packaging Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
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Global Glass Packaging Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
Global Glass Packaging Market Segmentation
Global Market, by Type (2022-2029)
Global Market, by Product (2022-2029)
Global Market, by End-user (2022-2029)
Regional Glass Packaging Market (2022-2029)
Regional Market, by Type (2022-2029)
Regional Market, by Product (2022-2029)
Regional Market, by End-user (2022-2029)
Regional Market, by Country (2022-2029)
Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
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Key Offerings:
Past Market Size and Competitive Landscape (2018 to 2021)
Past Pricing and price curve by region (2018 to 2021)
Market Size, Share, Size & Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by Type, Product and End-user
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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