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Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand f.....
Glass Packaging Market was valued at US$ 57.22 billion in 2023 and is anticipated to grow at US$ 75.38 billion by 2030 recording a significant CAGR of 6.8% from 2024-2030. Glass packaging adds to the product's aesthetic appeal. The product differentiation in wine and spirit brands demonstrates this. To appeal to design-conscious consumers, glass bottles can be made with thin or thick bases and embossed labels. Additionally, their aesthetics effectively communicate the brand and product storey to customers. Glass packaging solutions are projected to become more popular in the future as a result of these characteristics. Glass is a non-crystalline substance made from natural ingredients such as silica, limestone, and alumina. Glass is the most widely used packaging material in a variety of industries, including pharmaceuticals, food, alcoholic beverages, medical, and personal care products. Furthermore, because glass is impermeable and non-porous, no interaction occurs between the glass and the product contained within it. The glass packaging market is divided by application and geography in the report.
Rising demand for alcoholic beverages along with rapid increase in the beer industry, growing consumption of glass packaging in pharmaceuticals along with food & beverages sector, increasing consumer health awareness and growing technological innovation in terms of packaging are some key factors influencing the market growth. However, factors such as growing usage of substitute products and rising operational costs are hindering the market growth. Global glass packaging market is surging owing to frequent acquisitions and launchings by the market players. For Instance, In April 2019: Owens Illinois acquired Nueva Fanal, which is located near Mexico City, and is a container glass manufacturing facility from Grupo Modelo.
Study Period
2024-2030Base Year
2023CAGR
6.8%Largest Market
Asia-PacificFastest Growing Market
Europe
Growing use of glass in the packaging industry is driving the glass industry globally. With glass having properties of reusability and being 100% recyclable, customers are becoming more and more conscious about safety and hygiene and increasingly making use of glass as containers. Glass is the most neutral and natural of packaging materials, with an almost zero rate of chemical interaction, ensuring product integrity, and preserving and presenting flavor exactly as intended. Consumers continue to rank glass bottles number one for taste 90 percent favor glass to best preserve the taste or flavor of the food and beverages.
Global glass packaging market report gives comprehensive outlook on glass packaging across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. Asia Pacific accounted for larger revenue share in global glass packaging market with considerable CAGR. The growth in this region is due to accelerating use of glass in various end-use industries and rising trend of consuming alcoholic drinks. Also North America held significant market share during estimated period owing to rising pharmaceuticals industries and technical advancements along with high manufacturing base. In addition, Europe held steady growth during the period due to expansion of beer industry across France and Germany and high consumption of glass packaging.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 57.22 billion |
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Market Size in 2030 |
US$ 75.38 billion |
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Market CAGR |
6.8% |
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By Product |
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By Application |
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By Region |
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The glass packaging market size was valued at US$ 57.22 billion in 2023
The Glass packaging market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Glass packaging market key players are Piramal Glass Private Limited, Owens Illinois Inc., Amcor Ltd., Bemis Company Inc., WestPack LLC, Sonoco Products Company, Uhlmann Group, Gerresheimer AG, Hindustan National Glass & Industries Ltd., Ardagh Group, HEINZ-GLAS GmbH & Co. KGaA
| 1. Executive Summary |
| 2. Global Glass Packaging Market Introduction |
| 2.1.Global Glass Packaging Market - Taxonomy |
| 2.2.Global Glass Packaging Market - Definitions |
| 2.2.1.Product |
| 2.2.2.Application |
| 2.2.3.Region |
| 3. Global Glass Packaging Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Glass Packaging Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Glass Packaging Market By Product, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Borosilicate |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. De-alkalized Soda Lime |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Soda Lime |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 6. Global Glass Packaging Market By Application, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. Alcoholic Beverage |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Beer |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Food and Beverage |
| 6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Pharmaceuticals |
| 6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Glass Packaging Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia Pacific (APAC) |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Middle East and Africa (MEA) |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Latin America |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. North America Glass Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1.Borosilicate |
| 8.1.2.De-alkalized Soda Lime |
| 8.1.3.Soda Lime |
| 8.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.2.1.Alcoholic Beverage |
| 8.2.2.Beer |
| 8.2.3.Food and Beverage |
| 8.2.4.Pharmaceuticals |
| 8.2.5.Others |
| 8.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 8.3.1.United States of America (USA) |
| 8.3.2.Canada |
| 9. Europe Glass Packaging Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Borosilicate |
| 9.1.2.De-alkalized Soda Lime |
| 9.1.3.Soda Lime |
| 9.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.Alcoholic Beverage |
| 9.2.2.Beer |
| 9.2.3.Food and Beverage |
| 9.2.4.Pharmaceuticals |
| 9.2.5.Others |
| 9.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.Germany |
| 9.3.2.France |
| 9.3.3.Italy |
| 9.3.4.United Kingdom (UK) |
| 9.3.5.Spain |
| 9.3.6.Rest of EU |
| 10. Asia Pacific (APAC) Glass Packaging Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Borosilicate |
| 10.1.2.De-alkalized Soda Lime |
| 10.1.3.Soda Lime |
| 10.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.Alcoholic Beverage |
| 10.2.2.Beer |
| 10.2.3.Food and Beverage |
| 10.2.4.Pharmaceuticals |
| 10.2.5.Others |
| 10.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.China |
| 10.3.2.India |
| 10.3.3.Australia and New Zealand (ANZ) |
| 10.3.4.Japan |
| 10.3.5.Rest of APAC |
| 11. Middle East and Africa (MEA) Glass Packaging Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Borosilicate |
| 11.1.2.De-alkalized Soda Lime |
| 11.1.3.Soda Lime |
| 11.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.Alcoholic Beverage |
| 11.2.2.Beer |
| 11.2.3.Food and Beverage |
| 11.2.4.Pharmaceuticals |
| 11.2.5.Others |
| 11.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.GCC Countries |
| 11.3.2.South Africa |
| 11.3.3.Rest of MEA |
| 12. Latin America Glass Packaging Market, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Borosilicate |
| 12.1.2.De-alkalized Soda Lime |
| 12.1.3.Soda Lime |
| 12.2. Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.Alcoholic Beverage |
| 12.2.2.Beer |
| 12.2.3.Food and Beverage |
| 12.2.4.Pharmaceuticals |
| 12.2.5.Others |
| 12.3. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.Brazil |
| 12.3.2.Mexico |
| 12.3.3.Rest of LA |
| 13. Competition Landscape |
| 13.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 13.2.1.Piramal Glass Private Limited |
| 13.2.2.Owens Illinois Inc. |
| 13.2.3.Amcor Ltd. |
| 13.2.4.Bemis Company Inc. |
| 13.2.5.WestPack LLC |
| 13.2.6.Sonoco Products Company |
| 13.2.7.Uhlmann Group |
| 13.2.8.Gerresheimer AG |
| 13.2.9.Hindustan National Glass & Industries Ltd. |
| 13.2.10.Ardagh Group |
| 13.2.11.HEINZ-GLAS GmbH & Co. KGaA |
| 14. Research Methodology |
| 15. Appendix and Abbreviations |
Key Market Players
Author
Prem Kumar with profound experience and sound knowledge across a wide range of market forecasting methods, demand forecasting, and pricing analysis, I am able to make precise projections. I have extensive practical knowledge in Time Series Analysis (TSA), Simple Linear Regression (SLR), Multiple Linear Regression (MLR), Seasonality & Trend Forecasting, and Forecasting Models for New Products, among others. Additionally, I have hands-on experience with tools such as Power BI and SQL. I am highly committed, self-motivated, and possess a strong entrepreneurial spirit. Over the past 8 years, my team and I have built a robust clientele in various sectors, including Packaging, Pharma, Medical Devices, Oil & Gas, and Chemicals & Materials. We have provided a wide range of services, from management consulting to market forecasting and survey-related projects. I am particularly proud to have provided consulting services to one of the industry’s leading COVID-19 vaccine manufacturers for a packaging-related project. In the packaging space, I have served clients across a range of segments, including packaging printing, consumer packaging, flexible packaging, rigid packaging, and pharmaceutical packaging, to name a few. I deeply appreciate the efforts of my team and am grateful to our clients for their continued trust.