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Glass Bottles Market worth $39.17 billion by 2030, growing at a CAGR of 5.19% - Exclusive Report by 360iResearch
Glass Bottles Market | 360iResearch
The Global Glass Bottles Market to grow from USD 27.48 billion in 2023 to USD 39.17 billion by 2030, at a CAGR of 5.19%.
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The glass bottles are primarily used for packaging beverages (alcoholic and non-alcoholic), pharmaceuticals, cosmetics, and other liquid substances. Elevating consumer awareness regarding the environmental impact of packaging waste bolsters the demand for recyclable materials such as glass. Increasing concern over the safety of plastic packaging is pushing consumers towards glass, perceived as a safer alternative, contributing to the market expansion. Stringent regulations regarding packaging waste and recycling promote the use of sustainable materials, benefiting the glass bottle market. However, glass manufacturing is energy-intensive and expensive, affecting the price competitiveness with alternative options and impeding the market growth. Glass's susceptibility to breaking poses logistical challenges, potentially increasing transportation and packaging costs. Moreover, Integrating smart packaging technologies, such as interactive labels and trackable chips, to enhance brand engagement and supply chain transparency creates opportunities for market growth. The development of lightweight glass bottle designs to reduce transportation costs and environmental impact also creates new avenues for market expansion.
In the Americas region, particularly the United States and Canada, a robust demand for glass bottles is largely fueled by the beverage industry. Significant growth in craft brewing, small-scale spirits production, and premium non-alcoholic beverages has further bolstered the market in the Americas region. The EMEA region shows a diverse market landscape as EU countries are at the forefront of sustainability, with numerous initiatives to increase the use of glass bottles over plastic due to environmental concerns. Recent investments in glass manufacturing facilities and recycling infrastructure underline the EMEA region's commitment to sustainable practices. The Middle East, while slower on the sustainability front, is experiencing growth in luxury and premium packaging markets. Africa's glass bottle market is emerging, with investments focusing on capacity building and meeting the packaging needs of local beverage and pharmaceutical sectors. In the APAC region, rapid urbanization, growing middle-class populations, and increased consumer spending power are key drivers for market growth. In China, the government's push for reducing plastic usage has seen glass emerge as a preferred packaging material. Japan, known for its stringent recycling laws, continues to innovate in lightweight and reinforced glass bottles. With its burgeoning food and beverage sector, India is witnessing a surge in demand for glass bottles as packaging solutions.
Market Segmentation & Coverage:
This research report categorizes the Glass Bottles Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Appearance, market is studied across Colored and Colorless. The Colored is further studied across Amber, Blue, and Green. The Colorless is projected to witness significant market share during forecast period.
Based on Grade, market is studied across Type I, Type II, and Type III. The Type I is projected to witness significant market share during forecast period.
Based on Nature, market is studied across Opaque and Transparent. The Transparent is projected to witness significant market share during forecast period.
Based on Capacity, market is studied across 1001 ml & Above, 201 - 500 ml, 501 - 1000 ml, 51 - 200 ml, and Up to 50 ml. The 51 - 200 ml is projected to witness significant market share during forecast period.
Based on Neck Finish, market is studied across Cork Finish, Crown Cap, Roll-On Pilfer-Proof, and Screw Cap. The Roll-On Pilfer-Proof is projected to witness significant market share during forecast period.
Based on End-Use, market is studied across Chemicals, Food & Beverages, Perfume & Fragrances, Personal Care & Cosmetics, and Pharmaceuticals. The Pharmaceuticals is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 37.29% in 2023, followed by Asia-Pacific.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Glass Bottles Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Glass Bottles Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Glass Bottles Market, highlighting leading vendors and their innovative profiles. These include Ardagh Group, BA VIDRO S.A. by Vidrala, Berlin Packaging, Bormioli Rocco, Carow Packaging, Gerresheimer AG, Hindusthan National Glass & Industries Limited, Jiangsu Rongtai Glass Products Co., Ltd., Koa Glass, Mahalaxmi Industries, Ningbo U-Per Consumer Goods Co., Ltd., Nipro Corporation, Owens-Illinois Inc., Pacific Vial Manufacturing, PGP Glass, Rockwood & Hines Glass Group, Samir Brothers, SGB Packaging Group, SGD Pharma, Verallia Group, Vetropack Holding AG, Vidrala, S.A., Wiegand-Glas Holding GmbH, Yantai NBC Glass Packaging Co., Ltd., and Zignago Vetro.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Glass Bottles Market, by Appearance
7. Glass Bottles Market, by Grade
8. Glass Bottles Market, by Nature
9. Glass Bottles Market, by Capacity
10. Glass Bottles Market, by Neck Finish
11. Glass Bottles Market, by End-Use
12. Americas Glass Bottles Market
13. Asia-Pacific Glass Bottles Market
14. Europe, Middle East & Africa Glass Bottles Market
15. Competitive Landscape
16. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Glass Bottles Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Glass Bottles Market?
3. What is the competitive strategic window for opportunities in the Glass Bottles Market?
4. What are the technology trends and regulatory frameworks in the Glass Bottles Market?
5. What is the market share of the leading vendors in the Glass Bottles Market?
6. What modes and strategic moves are considered suitable for entering the Glass Bottles Market?
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