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Spirit Glass Packaging Market Segmentation, Future Trends, Growth Overview, Key Companies and Forecast by 2028

09-25-2024 04:30 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Premium Market Insights

The Spirit Glass Packaging Market size is expected to grow from US$ 35,258.06 million in 2022 to US$ 47,357.29 million by 2028; it is estimated to grow at a CAGR of 5.0% from 2022 to 2028.

Spirit glass packaging is a type of packaging that is specifically designed to hold and transport spirits such as whiskey, rum, gin, beer, and vodka. Glass is a popular material for spirit packaging due to its ability to preserve the taste and aroma of the liquid, its ability to be recycled, and its durability. There are various types of spirit glass packaging, including bottles, jars, and decanters. Glass bottles are the most common type of packaging for spirits, and they come in various shapes and sizes. Some bottles are designed with special features, such as cork or screw cap, to keep the liquid fresh and prevent leaks.

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Analysis of the Top Market Players:

1. O-I Glass Inc
2. Toyo Glass Co Ltd
3. Ardagh Group SA
4. Verallia SA
5. Vidrala SA
6. Gerresheimer AG
7. Nihon Yamamura Glass Co Ltd
8. Vitro SAB de CV
9. BA Glass BV
10. HEINZ-GLAS GmbH & Co KGaA.

In this report, the market has been segmented on the basis of:

Capacity (Upto 200 ml, 200 ml to 750 ml, and Above 750 ml)
Color of Glass (Bare Glass and Colored Glass)
Application (Whiskey, Vodka, Rum, Wine, Beer, and Others)

Moreover, the market growth is fueled by rising consumer preference for glass packaging. The higher utilization rate of glass packaging for applications such as whiskey, rum, gin, beer, and vodka has broadened the scope of spirit glass packaging. The product innovation of different types of spirits such as flavored liquors and development of bottled blended spirits are creating a demand for spirit glass packaging. Glass packaging design and type positively influences brand image, product differentiation, and product acceptability & preference.

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Based on applications, the spirit glass packaging market is segmented into whiskey, vodka, rum, wine, beer, and others. The beer segment registered a larger share of the spirit glass packaging market in 2022. Beer comes is available in glass bottles of different capacities such as 375 ml, 500 ml, 650 ml, 750 ml, and 940 ml. Manufacturers of spirit glass packaging offer beer packaging Beer comes in a wide range of bottle shapes such as the long neck, stubbies, growlers, and many othersetc. The long neck shape is the most popular bottle shape. Glass packaging keeps beer fresher for a longer period of time. Beer bottles are commonly made with brown or green glass. Also, clear glass packaging is used For in a few some beers such as Corona, clear glass packaging is used. Brewers often apply UV-protected coats to glass to preserve the taste of beer. However, the increasing usagee of metal cans for beer packaging may might hamper the market growth for spirit glass packaging.

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