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THE GLOBAL GLASS PACKAGING MARKET IS EXPECTED TO REACH USD 82.99 BILLION BY 2028 FROM USD 62.88 BILLION IN 2022, GROWING AT A CAGR OF 4.73% DURING THE FORECAST PERIOD.
The Glass Packaging Market Size, Share, & Trends Analysis Report By
- End-user: Beverages, Food, Pharmaceutical, Personal Care and Cosmetics, and Others
- Product: Bottles, Jars & Containers, and Ampules & Vials & Others
- Geography: North America, Europe, APAC, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2023–2028.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
GLASS PACKAGING MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2028) | USD 82.99 Billion |
| Market Size (2022) | USD 62.88 Billion |
| CAGR (2022-2028) | 4.73% |
| Base Year | 2022 |
| Forecast Year | 2023-2028 |
| Market Segments | End-user, Product, and Geography |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| KEY PLAYERS | Ardagh Group, Amcor, AptarGroup, Berlin Packaging, Gerresheimer, HEINZ-GLAS, Nihon Yamamura Glass, O-I Glass, Piramal, Verallia, and Vidrala |
MARKET INSIGHTS
The global glass packaging market was valued at USD 62.88 billion in 2022 and is expected to reach USD 82.99 billion by 2028, growing at a CAGR of 4.73% during the forecast period. Glass packaging has demonstrated its adaptability across industries, finding applications in beverages, cosmetics, pharmaceuticals, and specialty foods. Its global acceptance and trusted reputation make it an attractive choice for companies seeking to expand their market reach on an international scale. Over the years, innovations in glass manufacturing techniques have led to significant improvements in strength and weight reduction, addressing concerns about transportation costs and breakage and propelling the glass packaging market growth.
MARKET TRENDS & OPPORTUNITIES
Gen Z and Millennials Highly Influenced by Sustainable Packaging
Gen Z and Millennials have grown up in an era of increased environmental awareness. They've witnessed the consequences of climate change, plastic pollution, and dwindling natural resources. As a result, they are more conscious of their environmental footprint and seek sustainable alternatives. Being a recyclable and eco-friendly material, Glass aligns with the Gen Z and Millennials values of reducing waste and protecting the planet. These generations are also more health-conscious than previous ones. Glass is considered a safer option for packaging food and beverages because it doesn't contain harmful chemicals like some plastics can (e.g., BPA). The perception of glass as a healthier choice drives the glass packaging market, especially for products consumed directly from the packaging.
Rising Demand For Pharmaceutical And Cosmetics Packaging
In recent years, the glass packaging market has experienced a notable surge in demand within the pharmaceutical and cosmetics industries. This upswing can be attributed to a convergence of factors, including the inherent properties of glass, changing consumer preferences, and regulatory considerations. The adoption of glass packaging within these sectors has not only met the stringent requirements for product preservation and safety but has also opened avenues for brand differentiation and sustainable practices, ultimately driving market growth.
INDUSTRY RESTRAINTS
Price Sensitivity of Raw Material
The price sensitivity of raw materials used in glass packaging can directly and significantly impact market demand. Glass production relies on specific raw materials like sand, soda ash, and limestone, and any price fluctuations can influence the overall cost of producing glass containers. This, in turn, can affect producers and consumers in the following ways.
Moreover, when the cost of these raw materials rises, it directly increases the production cost in the glass packaging market. Manufacturers might absorb some of these costs, but eventually, they are likely to pass the expenses on to consumers. This increases prices for products packaged in glass containers, making them less price-competitive than alternatives. Price-conscious consumers may shift their preferences to products with lower-priced packaging, potentially decreasing demand for goods in glass containers.
SEGMENTATION INSIGHTS
INSIGHT BY END-USER
The beverage end-user dominated the global glass packaging market in 2022. This uptick is primarily driven by increased consumption of beverages such as beer, wine, spirits, juice, flavored water, and more. Glass packaging is favored for these products, primarily due to its qualities that preserve the taste and quality of the beverages, making it the preferred choice for producers and consumers.
Furthermore, lightweight glass packaging is more environmentally friendly as it reduces the energy and resources required for production and transportation. This aligns with the growing consumer and industry emphasis on sustainability, which can drive increased demand for glass packaging. For instance, in 2021, drinks and brewing company AB InBev designed a 150g 330 ml beer bottle (a 17% reduction from the previous design), which increased the consumer base and compliance with regulations.
INSIGHTS BY PRODUCT
The global glass packaging market by product is segmented into bottles, jars & containers, and ampules, vials & others. The bottle segment dominated the product market, accounting for over 48% share in 2022. The demand for glass bottles has been rising due to several factors, including companies expanding their operations, a growing emphasis on eco-friendliness, collaborations among beverage companies, and other related trends. This trend reflects a shift towards more sustainable packaging solutions, as glass bottles are often perceived as a more environmentally friendly option. Additionally, the collaborative efforts among beverage companies have facilitated innovative product offerings and marketing strategies, further driving the demand for the bottles segment in the glass packaging market.
GEOGRAPHICAL ANALYSIS
The global glass packaging market is mainly driven by increased disposable income, urbanization, and rising consumption of food & beverages. Moreover, with the increasing focus on personalization & customization, the demand for glass packaging is expected to rise in various regions. APAC is the leading region in growing consumer awareness of health & safety, rising disposable income, and advanced glass manufacturing technology of glass packaging in the market. Moreover, APAC is expected to witness the highest CAGR of around 5-6% during the forecast period. In 2022, North America was the third revenue contributor to the global glass packaging market. During the forecast period, Latin America is expected to witness the second-highest CAGR due to increased focus on sustainability and rising demand for food & beverages.
COMPETITIVE LANDSCAPE
The global glass packaging market is characterized by a dynamic interplay of various factors that shape the market. Glass packaging has long been favored for its exceptional qualities, such as purity, recyclability, and preservation of product integrity. However, several key players and trends have emerged to influence the industry's dynamics. First and foremost, significant manufacturers in the global glass packaging market, such as O-I Glass, Ardagh Group, Gerresheimer, Verallia, and others, dominate the sector. These industry giants have established extensive production capabilities and distribution networks, enabling them to cater to various sectors, including food and beverages, cosmetics, pharmaceuticals, and more. Their vast resources and technological advancements give them a competitive edge in product innovation, quality control, and cost efficiency.
The high labor costs in the U.S. and Europe can pose challenges for businesses in the glass packaging market. It makes it more difficult for companies in these regions to compete on price alone with manufacturers in regions with lower labor costs, such as China, India, and other nations. To remain competitive, glass packaging manufacturers in the U.S. and Europe often focus on producing high-quality products and innovative designs. They may invest in advanced technology and automation to reduce labor dependency and increase production efficiency. Such factors can lead to a competitive advantage in product quality and customization.
SNAPSHOT
The global glass packaging market size is expected to grow at a CAGR of approximately 4.73% from 2022 to 2028.
The following factors are likely to contribute to the growth of the global glass packaging market during the forecast period:
- Increasing Premiumization in Packaging
- The Rising demand for Pharmaceuticals and Cosmetics Packaging
- Increases of Alcoholic Consumption
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the global glass packaging market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
Key Company Profiles
- Ardagh Group
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Amcor
- AptarGroup
- Berlin Packaging
- Gerresheimer
- HEINZ-GLAS
- Nihon Yamamura Glass
- O-I Glass
- Piramal
- Verallia
- Vidrala
Other Prominent Vendors
- AAPL Solutions
- Business Overview
- Product Offerings
- AGI glaspac
- BA Glass
- Beatson Clark
- Bormioli Luigi
- Groupe Pochet
- Hindustan National Glass & Industries Limited
- koa glass
- Middle East Glass
- Nipro
- Saverglass
- SCHOTT
- Shandong Province Medicinal Glass
- Şişecam
- SGD Pharma
- STOELZLE GLASS GROUP
- Toyo Seikan Group Holdings
- Vetropack
- Vitro, S.A.B. de C.V.
- Wiegand-Glas
- Zignago Vetro
Segmentation by End-user
- Beverages
- Food
- Pharmaceutical
- Personal Care and Cosmetics
- Others
Segmentation by Product
- Bottles
- Jars & Containers
- Ampules & Vials & Others
Segmentation by Geography
- APAC
- China
- India
- Japan
- South Korea
- Indonesia
- Australia
- Europe
- France
- Germany
- Italy
- UK
- Spain
- North America
- US
- Canada
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East and Africa
- Turkey
- Egypt
- Saudi Arabia
- Rest of Middle East and Africa
Frequently Asked Questions
How big is the glass packaging market?
What is the growth rate of the global glass packaging market?
Which region dominates the global glass packaging market share?
What are the significant trends in the glass packaging industry?
Who are the key players in the global glass packaging market?
For more details, please reach us at enquiry@arizton.com
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY GEOGRAPHY
4.3.2 MARKET SEGMENTATION BY END-USER
4.3.3 MARKET SEGMENTATION BY PRODUCT
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1 REPORT OVERVIEW
6.2 OPPORTUNITIES & CHALLENGE ANALYSIS
6.3 SEGMENT ANALYSIS
6.4 REGIONAL ANALYSIS
6.5 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 SUSTAINABILITY IN GLASS PACKAGING
8.1.2 PACKAGING INDUSTRY HIGHLIGHTS
8.1.3 MEGA TRENDS
8.2 KEY INSIGHTS
8.2.1 RAW MATERIALS
8.2.2 PRICING
8.3 RISK FACTORS IN THE MARKET
8.4 VALUE CHAIN
8.4.1 MATERIAL SUPPLIERS
8.4.2 MANUFACTURERS
8.4.3 DISTRIBUTORS
8.4.4 APPLICATION
9 MARKET OPPORTUNITIES & TRENDS
9.1 GEN Z AND MILLENNIALS INFLUENCED BY SUSTAINABLE PACKAGING
9.2 COMPANIES LEANING TOWARD ALTERNATIVE PACKAGING
9.3 RISING ADOPTION OF INNOVATIVE TECHNOLOGIES
10 MARKET GROWTH ENABLERS
10.1 INCREASING PREMIUMIZATION IN PACKAGING
10.2 RISING DEMAND FOR PHARMACEUTICAL AND COSMETICS PACKAGING
10.3 INCREASED ALCOHOL CONSUMPTION
11 MARKET RESTRAINTS
11.1 PRICE SENSITIVITY OF RAW MATERIALS
11.2 SUPPLY CHAIN ISSUES WITH GLASS PACKAGING
11.3 ALTERNATE PACKAGING SOLUTIONS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 VENDOR ANALYSIS
12.3 DEMAND INSIGHTS
12.4 MARKET SIZE & FORECAST
12.5 FIVE FORCES ANALYSIS
12.5.1 THREAT OF NEW ENTRANTS
12.5.2 BARGAINING POWER OF SUPPLIERS
12.5.3 BARGAINING POWER OF BUYERS
12.5.4 THREAT OF SUBSTITUTES
12.5.5 COMPETITIVE RIVALRY
13 END-USER
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 BEVERAGES
13.3.1 MARKET OVERVIEW
13.3.2 ALCOHOL BEVERAGES
13.3.3 NON-ALCOHOL BEVERAGES
13.3.4 MARKET SIZE & FORECAST
13.3.5 MARKET BY GEOGRAPHY
13.4 FOOD
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE & FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 PHARMACEUTICAL
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE & FORECAST
13.5.3 MARKET BY GEOGRAPHY
13.6 PERSONAL CARE AND COSMETICS
13.6.1 MARKET OVERVIEW
13.6.2 MARKET SIZE & FORECAST
13.6.3 MARKET BY GEOGRAPHY
13.7 OTHERS
13.7.1 MARKET OVERVIEW
13.7.2 MARKET SIZE & FORECAST
13.7.3 MARKET BY GEOGRAPHY
14 PRODUCT
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 BOTTLES
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 JARS & CONTAINERS
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
14.5 AMPULES, VIALS, & OTHERS
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.5.3 MARKET BY GEOGRAPHY
15 GEOGRAPHY
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 GEOGRAPHIC OVERVIEW
16 APAC
16.1 MARKET OVERVIEW
16.2 MARKET SIZE & FORECAST
16.3 END-USER
16.3.1 MARKET SIZE & FORECAST
16.4 PRODUCT
16.4.1 MARKET SIZE & FORECAST
16.5 KEY COUNTRIES
16.6 CHINA: MARKET SIZE & FORECAST
16.7 INDIA: MARKET SIZE & FORECAST
16.8 JAPAN: MARKET SIZE & FORECAST
16.9 SOUTH KOREA: MARKET SIZE & FORECAST
16.10 INDONESIA: MARKET SIZE & FORECAST
16.11 AUSTRALIA: MARKET SIZE & FORECAST
17 EUROPE
17.1 MARKET OVERVIEW
17.2 MARKET SIZE & FORECAST
17.3 END-USER
17.3.1 MARKET SIZE & FORECAST
17.4 PRODUCT
17.4.1 MARKET SIZE & FORECAST
17.5 KEY COUNTRIES
17.6 FRANCE: MARKET SIZE & FORECAST
17.7 GERMANY: MARKET SIZE & FORECAST
17.8 ITALY: MARKET SIZE & FORECAST
17.9 UK: MARKET SIZE & FORECAST
17.10 SPAIN: MARKET SIZE & FORECAST
18 NORTH AMERICA
18.1 MARKET OVERVIEW
18.2 MARKET SIZE & FORECAST
18.3 END-USER
18.3.1 MARKET SIZE & FORECAST
18.4 PRODUCT
18.4.1 MARKET SIZE & FORECAST
18.5 KEY COUNTRIES
18.6 US: MARKET SIZE & FORECAST
18.7 CANADA: MARKET SIZE & FORECAST
19 LATIN AMERICA
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 END-USER
19.3.1 MARKET SIZE & FORECAST
19.4 PRODUCT
19.4.1 MARKET SIZE & FORECAST
19.5 KEY COUNTRIES
19.6 MEXICO: MARKET SIZE & FORECAST
19.7 BRAZIL: MARKET SIZE & FORECAST
19.8 REST OF LATIN AMERICA: MARKET SIZE & FORECAST
20 MIDDLE EAST AND AFRICA
20.1 MARKET OVERVIEW
20.2 MARKET SIZE & FORECAST
20.3 END-USER
20.3.1 MARKET SIZE & FORECAST
20.4 PRODUCT
20.4.1 MARKET SIZE & FORECAST
20.5 KEY COUNTRIES
20.6 TURKEY: MARKET SIZE & FORECAST
20.7 EGYPT: MARKET SIZE & FORECAST
20.8 SAUDI ARABIA: MARKET SIZE & FORECAST
20.9 REST OF MIDDLE EAST AND AFRICA: MARKET SIZE & FORECAST
21 COMPETITIVE LANDSCAPE
21.1 COMPETITION OVERVIEW
22 KEY COMPANY PROFILES
22.1 ARDAGH GROUP
22.1.1 BUSINESS OVERVIEW
22.1.2 PRODUCT OFFERINGS
22.1.3 KEY STRATEGIES
22.1.4 KEY STRENGTHS
22.1.5 KEY OPPORTUNITY
22.2 AMCOR
22.2.1 BUSINESS OVERVIEW
22.2.2 PRODUCT OFFERINGS
22.2.3 KEY STRATEGIES
22.2.4 KEY STRENGTHS
22.2.5 KEY OPPORTUNITIES
22.3 APTARGROUP
22.3.1 BUSINESS OVERVIEW
22.3.2 PRODUCT OFFERINGS
22.3.3 KEY STRATEGIES
22.3.4 KEY STRENGTHS
22.3.5 KEY OPPORTUNITY
22.4 BERLIN PACKAGING
22.4.1 BUSINESS OVERVIEW
22.4.2 PRODUCT OFFERINGS
22.4.3 KEY STRATEGIES
22.4.4 KEY STRENGTHS
22.4.5 KEY OPPORTUNITY
22.5 GERRESHEIMER
22.5.1 BUSINESS OVERVIEW
22.5.2 PRODUCT OFFERINGS
22.5.3 KEY STRATEGIES
22.5.4 KEY STRENGTHS
22.5.5 KEY OPPORTUNITY
22.6 HEINZ-GLAS
22.6.1 BUSINESS OVERVIEW
22.6.2 PRODUCT OFFERINGS
22.6.3 KEY STRATEGIES
22.6.4 KEY STRENGTHS
22.6.5 KEY OPPORTUNITY
22.7 NIHON YAMAMURA GLASS
22.7.1 BUSINESS OVERVIEW
22.7.2 PRODUCT OFFERINGS
22.7.3 KEY STRATEGIES
22.7.4 KEY STRENGTHS
22.7.5 KEY OPPORTUNITIES
22.8 O-I GLASS
22.8.1 BUSINESS OVERVIEW
22.8.2 PRODUCT OFFERINGS
22.8.3 KEY STRATEGIES
22.8.4 KEY STRENGTHS
22.8.5 KEY OPPORTUNITY
22.9 PIRAMAL
22.9.1 BUSINESS OVERVIEW
22.9.2 PRODUCT OFFERINGS
22.9.3 KEY STRATEGIES
22.9.4 KEY STRENGTHS
22.9.5 KEY OPPORTUNITIES
22.10 VERALLIA
22.10.1 BUSINESS OVERVIEW
22.10.2 PRODUCT OFFERINGS
22.10.3 KEY STRATEGIES
22.10.4 KEY STRENGTHS
22.10.5 KEY OPPORTUNITIES
22.11 VIDRALA
22.11.1 BUSINESS OVERVIEW
22.11.2 PRODUCT OFFERINGS
22.11.3 KEY STRATEGIES
22.11.4 KEY STRENGTHS
22.11.5 KEY OPPORTUNITY
23 OTHER PROMINENT VENDORS
23.1 AAPL
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.2 AGI GLASPAC
23.2.1 BUSINESS OVERVIEW
23.2.2 PRODUCT OFFERINGS
23.3 BA GLASS
23.3.1 BUSINESS OVERVIEW
23.3.2 PRODUCT OFFERINGS
23.4 BEATSON CLARK
23.4.1 BUSINESS OVERVIEW
23.4.2 PRODUCT OFFERINGS
23.5 BORMIOLI LUIGI
23.5.1 BUSINESS OVERVIEW
23.5.2 PRODUCT OFFERINGS
23.6 GROUPE POCHET
23.6.1 BUSINESS OVERVIEW
23.6.2 PRODUCT OFFERINGS
23.7 HINDUSTAN NATIONAL GLASS & INDUSTRIES LIMITED
23.7.1 BUSINESS OVERVIEW
23.7.2 PRODUCT OFFERINGS
23.8 KOA GLASS
23.8.1 BUSINESS OVERVIEW
23.8.2 PRODUCT OFFERINGS
23.9 MIDDLE EAST GLASS
23.9.1 BUSINESS OVERVIEW
23.9.2 PRODUCT OFFERINGS
23.10 NIPRO
23.10.1 BUSINESS OVERVIEW
23.10.2 PRODUCT OFFERINGS
23.11 SAVERGLASS
23.11.1 BUSINESS OVERVIEW
23.11.2 PRODUCT OFFERINGS
23.12 SCHOTT
23.12.1 BUSINESS OVERVIEW
23.12.2 PRODUCT OFFERINGS
23.13 SHANDONG PROVINCE MEDICINAL GLASS
23.13.1 BUSINESS OVERVIEW
23.13.2 PRODUCT OFFERINGS
23.14 SISECAM
23.14.1 BUSINESS OVERVIEW
23.14.2 PRODUCT OFFERINGS
23.15 SGD PHARMA
23.15.1 BUSINESS OVERVIEW
23.15.2 PRODUCT OFFERINGS
23.16 STOELZLE GLASS GROUP
23.16.1 BUSINESS OVERVIEW
23.16.2 PRODUCT OFFERINGS
23.17 TOYO SEIKAN GROUP HOLDINGS
23.17.1 BUSINESS OVERVIEW
23.17.2 PRODUCT OFFERINGS
23.18 VETROPACK
23.18.1 BUSINESS OVERVIEW
23.18.2 PRODUCT OFFERINGS
23.19 VITRO, S.A.B. DE C.V.
23.19.1 BUSINESS OVERVIEW
23.19.2 PRODUCT OFFERINGS
23.20 WIEGAND-GLAS
23.20.1 BUSINESS OVERVIEW
23.20.2 PRODUCT OFFERINGS
23.21 ZIGNAGO VETRO
23.21.1 BUSINESS OVERVIEW
23.21.2 PRODUCT OFFERINGS
24 REPORT SUMMARY
24.1 KEY TAKEAWAYS
24.2 STRATEGIC RECOMMENDATIONS
25 QUANTITATIVE SUMMARY
25.1 MARKET BY GEOGRAPHY
25.2 MARKET BY PRODUCT
25.2.1 MARKET SIZE & FORECAST
25.3 MARKET BY END-USER
25.3.1 MARKET SIZE & FORECAST
25.4 NORTH AMERICA
25.4.1 PRODUCT: MARKET SIZE & FORECAST
25.4.2 END-USER: MARKET SIZE & FORECAST
25.5 LATIN AMERICA
25.5.1 PRODUCT: MARKET SIZE & FORECAST
25.5.2 END-USER: MARKET SIZE & FORECAST
25.6 APAC
25.6.1 PRODUCT: MARKET SIZE & FORECAST
25.6.2 END-USER: MARKET SIZE & FORECAST
25.7 EUROPE
25.7.1 PRODUCT: MARKET SIZE & FORECAST
25.7.2 END-USER: MARKET SIZE & FORECAST
25.8 MIDDLE EAST AND AFRICA
25.8.1 PRODUCT: MARKET SIZE & FORECAST
25.8.2 END-USER: MARKET SIZE & FORECAST
26 APPENDIX
26.1 ABBREVIATIONS
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Frequently Asked Questions
How big is the glass packaging market?
What is the growth rate of the global glass packaging market?
Which region dominates the global glass packaging market share?
What are the significant trends in the glass packaging industry?
Who are the key players in the global glass packaging market?
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