Glass Packaging Market Research Report - Forecast to 2023

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Global glass packaging market is segmented based on product, application, and region. Based on the products, the market is segmented into bottles, jars, and vials. The bottles segment is projected to dominate the glass packaging market over the forecast period owing to the extensive use of bottles in the all major end-use sectors. Bottles provide an ideal way to keep the consumables safe, fresh, and healthy for a longer period as well as they are easy to transport. Based on the application, the market is segmented into alcoholic beverage packaging, non-alcoholic beverage packaging, food packaging, pharmaceutical and personal care packaging. Alcoholic beverage packaging dominated the market in 2016 and is projected to be the fastest-growing application during the review period 2017-2023. The growing consumption of alcoholic beverage, especially beer, whiskey, scotch, vodkal, and rum across the globe is creating a lucrative demand for alcoholic beverage packaging, which, in turn, is benefitting the global glass packaging market.

Glass Packaging Market Research Report By

Forecast To 2023

Industry Survey, Growth, Competitive Landscape

and Forecasts to 2023

PREPARED BY

Market Research Future

(Part of Wantstats Research & Media Pvt. Ltd.)


Glass Packaging Market Forecast To 2023

Global Glass Packaging Market Report: by Products (Bottles, Jars, and Vials), Application (Alcoholic Beverage

Packaging, Non-Alcoholic Beverage Packaging, Food Packaging, Pharmaceutical and Personal Care Packaging)

and Region - Global Forecast to 2023.

Glass is the material of choice for packaging; glass packaging is environment friendly as glass is infinitely recyclable. Glass is

the trusted and proven packaging for health, taste and the environment. It uses for packaging beverages, food products,

personal care products, pharmaceutical products, and household products. It is widely used in the packaging of perishable

goods and for products that can react with the packaging materials. Food and beverages are stored in glass containers and

bottles as it is impermeable and non-porous. This makes it easy to keep intact and preserve the flavours and smell of the

food and beverages. Moreover, launch of new varieties of consumer goods such as soft drinks, alcoholic drinks, and spirits

increased the volume sales of packaged goods.

Glass container manufacturers have been responsive to the numerous demands of consumers resulting in innovative

designs, lighter weight packages, and establishment of various brands. Consumers have placed greater emphasis on greener

packaging and healthier products which would have positive impact on glass packaging market. Glass is a wonderful

substance. It can be recycled over and over again. The good thing about glass recycling is that the glass retains its quality.

The aesthetic value of the environment is greatly improved through glass recycling. Many people tend to focus on glass

packaging due to the inorganic nature of glass.

Growing plastic packaging demand due to cost effectiveness, easy handling & transportation, durability, and aesthetic

features will negatively affect the glass packaging market in coming years. Whereas, increase in demand from the different

end-user, such as food & beverage sector, pharmaceutical products, and laboratory chemicals. Moreover, the eco-friendly

production of glass is also one of the major drivers for the growth of the global glass packaging market. Glass packaging,

due to its high cost, brittleness and transportation inconvenience is may face hindrance in growth in future period.

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Glass Packaging Market Forecast To 2023

Global glass packaging market is growing with the rapid pace; mainly due to advancement in technologies. According to a

recent study report published by the Market Research Future, The global market of Glass packaging is booming and

expected to gain prominence over the forecast period. The market is forecasted to demonstrate a stunning growth by 2023,

surpassing its previous growth records in terms of value with a striking CAGR during the estimated period (2017 – 2023).

Industry/ Innovation/ Related News:

June 09, 2015: Saint-Gobain to divest glass manufacturing unit Verallia at €2.95bn.

July 24, 2017: Corning and Gerresheimer collaborate to deliver new corning valor glass to the pharmaceutical packaging

market.

September 7, 2017: Orora's glass facility expansion completed for USD 42 Million. Before this expansion, Orora had been

forced to look to offshore bottle imports to keep up with demand. Orora’s Gawler facility is already one of the largest glass

manufacturing facilities in the Southern Hemisphere and the $42 million investment enables us to service the increased

demand for high quality glass bottles

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Glass Packaging Market Forecast To 2023

Segmentation

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Glass Packaging Market Forecast To 2023

Glass packaging Market - Competitive Analysis

Glass packaging market appears to be competitive with the presence of several large and small players operating in the

Glass packaging Market. These Key players compete based upon pricing, quality, Technology and reputation. Glass

packaging market demonstrates a high growth potential which is likely to attract many entrants to the market resulting in to

intensified competition further. The report also considers key trends that will impact the industry and profiles of leading

suppliers of glass packaging market. Some of the top companies mentioned in the report are Amcor, Saint-Gobain S.A.,

Ardagh Packaging Holdings Limited, Hindusthan National Glass & Industries Limited, Bormioli Rocco SPA and Vetropack

Holding AG. Moreover, manufacturers mainly ensure to deliver the best quality products based on innovative technologies,

and best practices.

Glass packaging Market - Segments:

Global Glass packaging Market is segmented in to 2 Key dynamics for an easy grasp and enhanced understanding.

Segmentation by Application: Alcoholic beverages, food & beverages, pharmaceuticals and others

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

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Glass Packaging Market Forecast To 2023

Glass packaging Market - Regional Analysis

Asia Pacific region dominated the overall glass packaging market. Increasing glass packaging consumption in alcoholic

beverages and pharmaceutical applications are some of the factors which helps to grow the market of glass packaging. The

glass packaging market in Asia Pacific is primarily dominated by China and India owing to the vast consumer base, rising

urban population levels and increasing demand of beverages.

Major Players

The key players of global Glass Packaging market are Owens-Illinois Inc. (U.S.), Saint-Gobain S.A. (France), Ardagh Group S.A.

(Luxembourg), Gerresheimer AG (Germany), Vetropack Holding AG (Switzerland), Amcor Limited (Australia), Nihon

Yamamura Glass Co. Ltd. (Japan), Tamron Co., Ltd. (Japan), Piramal Glass (India), Hindustan National Glass & Industries Ltd.

(India), Stölzle Glasgruppe GmbH (Austria), Vidrala SA (Spain), Wiegand-Glas GmbH (Germany), O.Berk Company LLC (U.S.)

and Shandong Pharmaceutical Glass Co., Ltd. (China)

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