Press release
Container Glass Market to Hit USD 91.72 Bn by 2030, Growing at 5.15% CAGR
Container Glass Market
The global container glass market is on a robust growth trajectory, with projections indicating an increase from USD 64.54 billion in 2023 to approximately USD 91.72 billion by 2030, reflecting a compound annual growth rate (CAGR) of about 5.15% during the forecast period.
๐๐๐ฒ ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐จ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฑ๐ฉ๐๐ง๐ฌ๐ข๐จ๐ง
Several factors are propelling this growth:
๐๐ช๐จ๐ฉ๐๐๐ฃ๐๐๐ก๐ ๐๐๐๐ ๐๐๐๐ฃ๐ ๐ฟ๐๐ข๐๐ฃ๐: Consumers and industries are increasingly favoring eco-friendly and recyclable packaging solutions, positioning glass as a preferred material due to its 100% recyclability and inert nature.
๐ฝ๐๐ซ๐๐ง๐๐๐ ๐๐ฃ๐๐ช๐จ๐ฉ๐ง๐ฎ ๐พ๐ค๐ฃ๐จ๐ช๐ข๐ฅ๐ฉ๐๐ค๐ฃ: The beverage sector, particularly alcoholic beverages, continues to be a major consumer of glass containers, leveraging glass's ability to preserve flavor and quality.
๐๐๐๐ง๐ข๐๐๐๐ช๐ฉ๐๐๐๐ก ๐๐ฃ๐๐ช๐จ๐ฉ๐ง๐ฎ ๐๐๐๐๐จ: The pharmaceutical sector's demand for vials and ampoules is rising, with glass containers ensuring product integrity and safety.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐จ๐ซ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ: https://www.maximizemarketresearch.com/request-sample/19059/
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐๐ง๐ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐๐๐จ ๐๐ฃ ๐๐๐๐ฉ๐ฃ๐๐ข
Vietnam's container glass market is experiencing growth, driven by increased beverage consumption and a shift towards sustainable packaging. The government's emphasis on environmental sustainability is encouraging industries to adopt glass packaging solutions.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐๐๐๐๐ก๐๐ฃ๐
Thailand's market is expanding due to the rising demand for premium packaging in the food and beverage sector. The country's robust tourism industry also contributes to increased consumption of beverages, further driving the need for glass containers.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐๐ฃ๐๐จ ๐๐ฃ ๐ ๐๐ฅ๐๐ฃ
In Japan, there is a notable trend towards lightweight and aesthetically pleasing glass packaging, particularly in the cosmetics and personal care industries. Consumers' preference for high-quality and safe packaging materials is influencing market dynamics.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐พ๐ค๐ฃ๐จ๐ค๐ก๐๐๐๐ฉ๐๐ค๐ฃ ๐๐ฃ ๐๐ค๐ช๐ฉ๐ ๐๐ค๐ง๐๐
South Korea's container glass market is witnessing consolidation, with key players engaging in mergers and acquisitions to strengthen their market positions. This strategic consolidation aims to enhance production capabilities and expand product offerings.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐๐๐ฉ๐๐ค๐ฃ ๐๐ฃ ๐๐๐ฃ๐๐๐ฅ๐ค๐ง๐
Singapore is updating its packaging standards, promoting the use of sustainable materials like glass. The government's initiatives towards environmental conservation are encouraging industries to transition to glass packaging solutions.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ฅ๐ฅ๐ค๐ง๐ฉ๐ช๐ฃ๐๐ฉ๐๐๐จ ๐๐ฃ ๐ฉ๐๐ ๐๐ฃ๐๐ฉ๐๐ ๐๐ฉ๐๐ฉ๐๐จ
The U.S. market presents significant opportunities, with a growing consumer preference for sustainable and premium packaging. The increasing consumption of craft beverages and organic products is driving the demand for glass containers.
๐พ๐ค๐ฃ๐ฉ๐๐๐ฃ๐๐ง ๐๐ก๐๐จ๐จ ๐๐๐ง๐ ๐๐ฉ ๐๐ง๐ค๐ฌ๐ฉ๐ ๐๐ฃ ๐พ๐๐๐ฃ๐
China's container glass market is experiencing substantial growth, fueled by urbanization, rising disposable incomes, and a booming e-commerce sector. The food and beverage industry's expansion further propels market demand.
Container Glass Market Trends in Europe
Europe continues to lead in sustainable packaging trends, with stringent regulations promoting the use of recyclable materials. The region's strong emphasis on environmental sustainability drives the demand for glass containers across various industries.
๐๐ฎ๐ซ๐ข๐จ๐ฎ๐ฌ ๐ญ๐จ ๐ฉ๐๐๐ค ๐ข๐ง๐ฌ๐ข๐๐? ๐๐ซ๐๐ ๐ฒ๐จ๐ฎ๐ซ ๐ฌ๐๐ฆ๐ฉ๐ฅ๐ ๐๐จ๐ฉ๐ฒ ๐จ๐ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ง๐จ๐ฐ: https://www.maximizemarketresearch.com/request-sample/19059/
๐๐๐๐๐ง๐ญ ๐๐๐ซ๐ ๐๐ซ๐ฌ ๐๐ง๐ ๐๐๐ช๐ฎ๐ข๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ฌ
๐บ๐๐๐๐ ๐ฒ๐๐๐๐: In recent years, South Korean companies have engaged in strategic mergers to enhance their market presence. For instance, leading firms have consolidated to streamline operations and expand their product portfolios.
๐ผ๐๐๐๐๐ ๐บ๐๐๐๐๐: The U.S. market has witnessed significant acquisitions, with major players acquiring specialized glass manufacturers to cater to the growing demand in the pharmaceutical and beverage sectors.
๐ช๐๐๐๐: Chinese companies are actively investing in mergers to boost production capacities and meet the escalating domestic demand for glass containers, particularly in the food and beverage industry.
๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
๐๐ฒ ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฒ๐ฉ๐
Packaging
Tableware
Decorative Containers
๐๐ฒ ๐๐ง๐-๐๐ฌ๐๐ซ ๐๐ฒ๐ฉ๐
Food & Beverage Packaging
Cosmetics Packaging
Healthcare Packaging
Consumer Application s Packaging
Chemical
Other
๐๐ฒ ๐๐ฅ๐๐ฌ๐ฌ ๐๐ฒ๐ฉ๐
Borosilicate-based
Soda-lime-silica-based
๐๐ฒ ๐ ๐จ๐ซ๐ฆ๐ข๐ง๐ ๐๐๐ญ๐ก๐จ๐
Blow & Blow
Press & Blow
Narrow Neck Press & Blow
According to application type, the packaging sector accounted for a significant portion of the global market in 2023 and is anticipated to continue to do so during the 2024-2030 forecast period. In 2023, the packaging sector accounted for over 37% of the market, and it is projected to increase at a compound annual growth rate (CAGR) of 6.02% throughout the forecast period.
๐๐๐ง๐ญ ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ? ๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ญ๐ก๐ ๐ฌ๐ฎ๐ฆ๐ฆ๐๐ซ๐ฒ ๐จ๐ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.maximizemarketresearch.com/request-sample/19059/
๐๐จ๐ง๐ญ๐๐ข๐ง๐๐ซ ๐๐ฅ๐๐ฌ๐ฌ ๐๐๐ซ๐ค๐๐ญ, ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
North America
1. O-I Glass
2. TricorBraun
3. SGD North America
4. Vitro
5. Dynamic Glass
6. Gillinder Glass
Europe
7. Vidrala
8. Heinz-Glas
9. RIOU Glass
10. BA Glass
11. Vetropack
12. Bormioli Rocco
13. Zignago vetro
14. Gerresheimer
APAC
15. PGP Glass
16. Hindware Home Innovation
17. Shandong Huapeng Glass Company
18. Ocean Glass
19. Nihon Yamamura Glass Company
ME
20. Middle East Glass Manufacturing
21. National Company For Glass and Crystal
22. Kaveh Glass Industry Group
South America
23. Viprado
24. Nadir Figueiredo
25. Vidres
26. Cristoro
๐๐ก๐๐๐ค ๐๐ฎ๐ญ ๐ญ๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ซ๐๐ง๐๐ฌ:
Global Advanced Glass Market https://www.maximizemarketresearch.com/market-report/global-advanced-glass-market/29073/
Global Equipment Monitoring Market https://www.maximizemarketresearch.com/market-report/global-equipment-monitoring-market/8369/
Cash Flow Market https://www.maximizemarketresearch.com/market-report/global-cash-flow-market/90890/
Global Nano Metal Oxide Market https://www.maximizemarketresearch.com/market-report/global-nano-metal-oxide-market/103545/
Global Automotive Brake Calliper Market https://www.maximizemarketresearch.com/market-report/global-automotive-brake-caliper-market/108166/
Global Zirconia Based Dental Materials Market https://www.maximizemarketresearch.com/market-report/global-zirconia-based-dental-materials-market/114280/
PET Bottle Market https://www.maximizemarketresearch.com/market-report/pet-bottle-market/123400/
Aluminum Die Casting Market https://www.maximizemarketresearch.com/market-report/aluminum-die-casting-market/133357/
Global Flexographic Printing Machine Market https://www.maximizemarketresearch.com/market-report/flexographic-printing-machine-market/13452/
Global Confectionery Market https://www.maximizemarketresearch.com/market-report/confectionery-market/145910/
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ
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