Glass Container Market Review, Research and Global Industry Analysis By 2030

Comments · 414 Views

Glass container market is projected to be worth USD 87,622.80 Billion by 2030, registering a CAGR of 5.31% during the forecast period (2022 - 2030).

Glass Container Market Overview

Glass container market is projected to be worth USD 87,622.80 Billion by 2030, registering a CAGR of 5.31% during the forecast period (2022 - 2030).

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Glass is an unbeatable option as a packaging material supported by its superior attributes of sterility, reusability, chemical stability, durability, non-permeability and malleability. It is also hygienic, eco-friendly, and aesthetically pleasing. Key applications areas for this evergreen rigid packaging type include beverages, food products, pharmaceuticals, cosmetic, and chemicals. The growth in the market is driven by the rising consumption of alcoholic beverages and the increasing sales of beauty and personal care products in the emerging markets. Other important growth drivers include rising demand for healthy, ethnic and organic food products, and increasing emphasis on using eco-friendly recyclable material. With an unlimited recyclable life, glass ranks high on the parameters laid down for the environmental most desired packaging type. For every ton of recycled glass, a ton of natural resources are saved, while reducing carbon dioxide emission by a ton with every six tons of container glass recycled.

Glass is a recyclable material manufactured with raw materials that include sand, limestone, soda ash and other ingredients. Glass containers are made using processes such as blow-blow, press and blow, and narrow neck press blow (NNPB) - a recent innovation in glass manufacturing industry.

Glass Container Market Research Analysis

The global glass container market is greatly influenced by the alcoholic beverages industry as a majority of manufacturers market alcoholic drinks packed in glass bottles. Alcoholic beverage is a large application segment of glass containers, accounting for a high market share in terms of volume as compared to other end-use applications. The beverage packaging segment is witnessing significant gain in market share owing to the aesthetic appearance that can be achieved by the use of glass in container manufacturing and also its transparent nature, which allows the manufacturer to showcase the premium quality of the product inside. Glass, being a versatile material in container manufacturing, preserves the original taste of the drink inside without altering its taste or quality. Glass containers are available in the market in a variety of colors, shapes and sizes according to the prevailing demand.

Glass Container Market Scope of the Report

This study provides an overview of the global glass container market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the glass container market by its design product type, by end-use and by region.

Get Sample Report @

https://www.marketresearchfuture.com/sample_request/5144

By Product Type

  • Glass Bottle
  • Glass Jars
  • Glass Vials
  • Candle Glass Containers

By End-use

  • Cosmetics Perfumes
  • Pharmaceuticals
  • Food Packaging
  • Beverage Packaging
  • Other Products

By Regions

  • North America
  • Asia Pacific
  • Europe
  • Rest of the World

Key Players

  • Amcor Limited (Australia)
  • Frigoglass (Greece)
  • Owens-Illinois Inc. (U.S.)
  • Consol Glass (Pty) Ltd. (South Africa)
  • Central Glass Co.
  • Vitro
  • A.B de C.V. (Mexico)
  • VIDRALA (Spain)
  • Industries Limited. (India)
  • Hindusthan National Glass and Ardagh Group S.A. (Luxembourg)

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients.

Contact us:

Market Research Future (part of Wantstats Research and Media Private Limited),

99 Hudson Street, 5Th Floor,

New York, New York 10013

United States of America

+1 628 258 0071

Email: sales@marketresearchfuture.com

 

Comments