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Increased Demand For Fast-Moving Consumer Goods And Alcoholic Beverages Drives Growth In The Container Glass Market Driving Market Acceleration in the Container Glass Industry, 2025
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.How Large Will the Container Glass Market Size By 2025?
The size of the container glass market has seen significant growth in recent times. The market, which stood at $42.91 billion in 2024, is projected to increase to $45.37 billion in 2025, growing at a compound annual growth rate (CAGR) of 5.7%. The expansion seen in the previous period is due to factors such as the rising demand for glass packaging, pharmaceutical industry growth, increasing use of glass packaging in cosmetics and personal care products, strict rules encouraging sustainable and recyclable packaging, and enhancements in global commerce and shipping.
How Big Is the Container Glass Market Size Expected to Grow by 2029?
Expectations indicate a steady rise in container glass market size in the forTH*Coming years. The projection is an increase to $54.26 billion in 2029, a 4.6% compound annual growth rate. The various factors contributing to this projected surge within the forecast period are the incline towards sustainable and environmentally-friendly packaging solutions, e-commerce sector growth, heightened preference for the use of glass in luxury and premium product packaging, adoption of innovative and lightweight glass manufacturing technologies, and usage uptick in the pharmaceutical industry. Some upcoming trends during the forecast period encapsulate the development of smart glass packaging integrating RFID and QR code technologies, brand differentiation and appeal to consumers through custom glass packaging, promotion of a circular economy by using recycled glass for container production, implementation of augmented reality in glass packaging to create interactive user experiences, and the partnership between glass manufacturers and tech firms to develop innovative packing solutions.
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Which Key Market Drivers Powering Container Glass Market Expansion and Growth?
The escalating need for rapid-moving consumer commodities (FMCG) and alcoholic beverages is predicted to thrust the expansion of the container glass industry. Factors such as growing consciousness, ease of access, evolving lifestyles, escalating income levels among others are boosting the demand for FMCG and alcoholic beverages. This surge in demand is set to heighten the need for container glass, a reliable and safe packaging alternative for these goods. FMCG and alcoholic drinks are non-durable goods demanding packaging like container glass which provides protection against sunlight exposure, dust, temperature fluctuations and contamination, as well as retaining nutritional value by preventing protein denaturation and fat oxidation. For example, in October 2023, the India Brand Equity Foundation (IBEF) projected a 7-9% rise in FMCG sales revenue in the country for the 2022-23 period. Concurrently, the FMCG sector of India recorded a volume surge of 7.5% in the quarter of April-June 2023, marking the highest in the preceding eight quarters, powered by recovering rural sectors and accelerated growth in contemporary business. Consequently, the ascending demand for FMCG and alcohol beverages underlines the potential growth of the container glass industry.
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Which Fast-Growing Trends Are Poised to Disrupt the Container Glass Market?
Product innovation is a leading trend emerging in the container glass market. New developments like safety-coated and antibacterial food storage glass containers are being introduced to provide a safer and more sustainable alternative to traditional glass containers. The safety-coated glass containers are wrapped with a layer of plastic, which makes it significantly safe to carry flammable liquids as they are easy to grasp and less likely to shatter. On the other hand, antibacterial food storage glass containers are employing a nanotechnology-based anti-microbial substance named Germ Guard to combat and remove the growth of harmful bacteria, fungi, and molds. Major players in the market are introducing these innovative containers to provide distinct advantages and fortify their market standing. For example, in August 2023, US-based company Revino Inc, renowned for its refurbished glass bottles, unveiled a comprehensive refillable glass bottle reuse system. Its design allows it to be reused numerous times without compromising its quality or integrity. These bottles help reduce emissions by up to 85% as compared to single-use bottles and can be refilled up to 50 times, achieving carbon emission neutrality after just the third reuse.
What Are the Emerging Segments in the Container Glass Market?
The container glass market covered in this report is segmented -
1) By Glass Type: Borosilicate-Based, Soda-Lime-Silica-Based
2) By Forming Method: Blow And Blow, Press And Blow, Narrow Neck Press And Blow
3) By End User: Food And Beverages, Cosmetics And Personal Care, Pharmaceuticals, Chemical, Other End-Users
Subsegments:
1) By Borosilicate-Based: Laboratory Glassware, Food And Beverage Containers, Pharmaceutical Packaging
2) By Soda-Lime-Silica-Based: Food And Beverage Bottles, Jars And Jugs, Pharmaceutical Containers
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Who Are the Global Leaders in the Container Glass Market?
Major companies operating in the container glass market include Ardagh Group SA, Amcor PLC, Consol Glass Ltd, Owens-Illinois Inc, Saverglass Group, FrigoGlass, Vidrala SA, Central Glass Co, Vitro, Hindusthan National Glass & Industries Ltd, Gerresheimer AG, Verallia, Vetropack Group, AGI Glasspack Ltd, Bormioli Rocco, Stoelzle Glass Group, Piramal Glass Private Limited, HEINZ-GLAS GmbH & Co, Koa Glass Co Ltd, Nihon Yamamura Glass Co Ltd, O-I Glass Inc, PGP Glass Limited, Toyo Seikan Group Holdings Ltd., Zwiesel Glas Group
Which are the Top Profitable Regional Markets for the Container Glass Industry?
Asia-Pacific was the largest region in the container glass market in 2024.The regions covered in the container glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
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