Container Glass Market Surges to US$ 87.24 Bn by 2029, Marking a 5.15% CAGR Growth from 2022

16-01-2024: Market Values:

The Container Glass Market, valued at US$ 61.38 Bn in 2022, is projected to reach approximately US$ 87.24 Bn by 2029, witnessing a steady CAGR of about 5.15% during the forecast period.

Report Scope:

The comprehensive report analyzes market trends from 2018 to project market dynamics through 2029, with a special focus on the effects of the 2022 lockdown on demand, supply, and strategic analysis of resilient companies. COVID-19's impact on production, demand, supply chains, and financial markets is thoroughly examined.

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Research Methodology:

The study incorporates a blend of primary and secondary research methods, with special attention to the year 2022 and the pandemic's aftermath on the market for the next two years.

Drivers and Restraints:

Container Glass, the preferred material for storing beverages, food, and pharmaceuticals, owes its popularity to its recyclability and preservation properties. The market is driven by the demand for eco-friendly packaging, emphasis on sustainable practices, and the rise in demand for healthy and organic food products. The alcoholic beverages industry, choosing glass bottles for preserving taste and quality, significantly contributes to market growth.

Market Dynamics:

The report segments the global market by Application Type (Packaging, Tableware, Decorative Containers), End-User Type (Food & Beverage Packaging, Cosmetics Packaging, Healthcare Packaging, Consumer Applications Packaging, Chemical, Others), and Region (North America, Europe, Asia Pacific, Middle East & Africa, Latin America).

Glass Container Glass Market Segmentation

by Application Type
Packaging
Tableware
Decorative Containers

Based on the type of application, the packaging sector accounted for a significant portion of the global market in 2022 and is predicted to continue to do so throughout the 2023-2029 forecast period. The packaging segment is expected to increase at a compound annual growth rate (CAGR) of 6.02% throughout the forecast period, holding more than 37% of the market in 2022.

by End-User Type
Food & Beverage Packaging
Cosmetics Packaging
Healthcare Packaging
Consumer Application s Packaging
Chemical
Other

The application type, end-user type, and geographic segments of the global container glass market are as follows. The packaging, tableware, and decorative container segments of the container glass market are divided based on application. In terms of end-user, Container Glass Market is split into Food & Beverage Packaging, Cosmetics Packaging, Healthcare Packaging, Consumer Applications Packaging, Chemical and Others. North America, Europe, Asia Pacific, Middle East & Africa, and Latin America make up the geographical segments of the container glass market.

by Glass Type
Borosilicate-based
Soda-lime-silica-based

by Forming Method
Blow & Blow
Press & Blow
Narrow Neck Press & Blow

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Glass Container Glass Market Key Players

1. Hindustan National Glass & Industries Ltd
2. Nampak Ltd
3. Amcor Ltd
4. Toyo Glass Co. Ltd
5. Consol Glass
6. AGI Glaspac
7. Saverglass Group
8. Ardagh Packaging Group PLC
9. Owens-Illinois Inc.
10. Verallia
11. Vidrala SA
12. Amcor Limited
13. BA Glass
14. Nampak Ltd.
15. Wiegand-Glass
16. VITRO
17. Carib Glassworks Ltd
18. Gerresheimer AG
19. Piramal Glass
20. Becton
21. Dickinson and Company,
22. Schott AG,

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Table of content for the Glass Container Glass Market includes:

Part 01: Executive Summary

Part 02: Scope of the Glass Container Glass Market Report

Part 03: Global Glass Container Glass Market Landscape

Part 04: Global Glass Container Glass Market Sizing

Part 05: Global Glass Container Glass Market Segmentation by Type

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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Regional Insights:

The global Glass Container Glass market encompasses regions like North America, Asia Pacific, Europe, Middle East and Africa, and South America. Each region plays a significant role in shaping the market. For instance, the North America Glass Container Glass Market is experiencing a rise in demand , driven by the adoption of electric and zero-emission vehicles for the non-tactical fleet of the U.S. military. The Asia Pacific region, on the other hand, is witnessing strong investments in Glass Container Glass to bolster military capabilities.

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