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The glass bottles and containers market size is estimated to increase by USD 17.1 billion, at a CAGR of 4.58% between 2023 and 2028. Challenges facing the market include fragility and transportation concerns, along with the high costs linked to glass manufacturing, compounded by the easy availability of substitutes. The market's growth hinges on various factors, notably the rising demand for sustainable packaging products and the surge in demand from end-user industries. Additionally, the market's trajectory is influenced by the increasing trend of mergers and acquisitions among companies. These strategic moves aim to bolster market presence and enhance competitive advantages. As the industry navigates these challenges and capitalizes on growth opportunities, such as the escalating demand for eco-friendly packaging and sustained interest from key sectors, it is poised for significant expansion and innovation, fostering a dynamic landscape for packaging solutions.
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The market share growth by the transparent glass segment will be significant during the forecast period. Transparent glass provides ample opportunities for branding and customization. Glass is an excellent barrier against oxygen, moisture, and other external factors that can degrade or spoil products. Transparent glass packaging provides effective protection for cosmetics and perfumes, preserving their fragrance, texture, and quality over time. Due to all such factors, the demand for transparent glass bottles and containers will surge, which, in turn, will boost the growth of the market in focus during the forecast period.
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The transparent glass segment was valued at USD 49.50 billion in 2018. The demand for transparent variants is significant in various industries, including cosmetics, perfumes, beverages, and food. Transparent glass allows consumers to see the product inside the container, which is particularly important for cosmetics and perfumes. Customers can visually inspect the color, texture, and quality of the product before making a purchase, enhancing their buying experience. Transparent variants have a classic and elegant look that appeals to many consumers. Moreover, the transparency of the glass gives products a premium and sophisticated appearance, making them attractive on store shelves or in displays. Such factors will increase segment growth during the forecast period.
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North America is estimated to contribute 42% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. North America dominated the global market in 2023. They have been widely used in various industries, such as food and beverages, pharmaceuticals, cosmetics, and home care products. The demand for glass packaging is influenced by factors such as population growth, consumer preferences, industry trends, and environmental considerations.
The region's demand for glass packaging is driven by its large population and strong manufacturing base across multiple industries. Additionally, glass packaging is often favored by consumers due to its perceived premium image, ability to preserve product integrity, and recyclability. Glass is considered an environmentally friendly packaging material as it is highly recyclable, which will drive the growth of the global market during the forecast period.
The market witnesses robust growth driven by consumer demand and advancements in innovative technologies like embossing, shaping, and artistic finishes. With a focus on eco-friendly products and environmental sustainability, glass packaging remains a preferred choice in various sectors including the food and beverages sector. From Olive oils to specialty sauces, glass containers maintain product integrity while aligning with consumer preferences for premium quality. In the cosmetic industry, glass items like ampoules, glass dropper bottles, and vials offer sophistication and durability, catering to the demand for fragrance products and beauty industry essentials. Furthermore, the market thrives on the popularity of premium spirits and the need for therapeutic commodities and medical supplies, underscoring the versatility and indispensability of glass packaging.
The market is witnessing a surge in demand driven by consumer preferences for sustainable packaging options in the food and beverages sector. As environmental sustainability becomes increasingly paramount, companies are turning to eco-friendly products like glass bottles and containers to meet these demands. These containers, made from natural materials like sand, soda ash, and limestone, are not only 100% recyclable but also maintain their quality through endless recycling cycles. Premium spirits and wine packaging also benefit from the eco-friendly appeal of glass. Innovative technologies allow for embossing, shaping, and artistic finishes, further enhancing the market's offerings. This focus on sustainability not only aligns with consumer values but also enhances brand image and reputation, ultimately fostering customer loyalty and driving market growth.
Product premiumization boosting market growth is the primary trend in the global market growth. Glass bottles and containers are associated with premium- and high-end products, such as fine spirits, wine, gourmet food items, and cosmetics. By using glass packaging, companies create a sense of elegance, sophistication, and quality, thereby enhancing their brand image and influencing consumer perception. Glass offers excellent protection for the contents it holds. It is impermeable to gases and moisture, helping to maintain product freshness, aroma, and taste. Premium products often require careful preservation and protection, and glass bottles and containers are well-suited for this purpose, contributing to their popularity in the market.
Further, with increasing consumer awareness and demand for sustainable packaging, these products are seen as an environmentally friendly choice. Glass is highly recyclable and can be reused multiple times without losing its quality. This aligns with the values of conscious consumers who are willing to pay a premium for products packaged in eco-friendly materials. Thus, increased product premiumization will boost the growth of the global market during the forecast period.
Fragility and transportation concerns are major challenges impeding the growth of the global market. They are fragile and require careful handling and packaging during transportation to prevent breakage. This can increase logistics costs and pose challenges in ensuring product integrity, especially for long-distance shipping or e-commerce distribution. Proper packaging is crucial to protect them during transportation. Each container should be individually wrapped or cushioned to minimize movement and reduce the risk of breakage.
Moreover, packaging materials such as bubble wrap, foam inserts, or dividers can help provide additional protection. They must be handled with care to prevent drops, impacts, or sudden movements that could cause breakage. Thus, transportation due to the fragility of these products is one of the major concerns for vendors, which will hamper the growth of the global market during the forecast period.
The market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Beatson Clark: The company offers glass bottles and containers such as 10ml Winchester, 75ml Amber Sloping Shoulder Flat, and 100ml Sloping Shoulder Flat. Also, they are involved in designing and manufacturing of glass bottles and jars and a wide range of general sale glass containers for the food, pharmaceutical and beverage markets.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments.
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The market faces challenges such as shipment volume and the high costs associated with manufacturing, while also benefiting from factors like consumer demand and innovative technologies. With features like embossing, shaping, and artistic finishes, glass packaging offers eco-friendly products that align with the transparency trend and cater to health and safety concerns, especially in the healthcare industry where handling and care are critical, particularly for products like diabetes-related insulin. In sectors like Wine and Spirits, colored glass preserves contents by minimizing exposure to sunlight, crucial for maintaining quality and preventing spoilage. The market's growth is further propelled by expanding economies and the rising preference for premium spirits and eco-friendly packaging options, reinforcing the importance of sustainable credentials and design flexibility in catering to consumer lifestyles and convenience. Companies like Owens Illinois and innovative packaging concepts like Vinebox drive the market forward, offering versatile solutions for various end-uses while addressing environmental sustainability and safety concerns.
Moreover, the market is poised for substantial growth, driven by various factors including the demand for timeless, elegant design, and refined look in packaging. With concerns over carbon footprint and environmental sustainability, lightweight glass bottles cater to carbon footprints while meeting the needs of diverse industries such as wine packaging and whiskey export. Middle-class consumers in expanding economies contribute to the surge in wine consumption, boosting demand for single-serve wines and returnable glass bottles. In the beverage sector, glass remains a preferred choice for packaging alcoholic beverages, including Red Wine, beer, and Soft drinks like Coke. Additionally, glass containers find versatile use in sectors ranging from cosmetic and perfumery items to food and beverages, highlighting their enduring appeal and significance in various markets. The global demand for fertilizers and pesticides reaches trillion units annually, impacting agricultural practices worldwide. In packaging, the shift towards sustainable options sees an uptick in glass cosmetic containers, reducing plastic waste and promoting eco-conscious consumer choices.
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Market Scope |
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Report Coverage |
Details |
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Page number |
162 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 4.58% |
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Market Growth 2024-2028 |
USD 17.1 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
4.11 |
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Regional analysis |
North America, APAC, Europe, Middle East and Africa, and South America |
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Performing market contribution |
North America at 42% |
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Key countries |
US, China, UK, Germany, and India |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
Ajanta Bottle Pvt. Ltd., Ardagh Group SA, BA Glass BV, Beatson Clark, Crestani s.r.l., GAASCH PACKAGING NV SA, Gerresheimer AG, Glassworks International, Middle East Glass Manufacturing Co. S.A.E., O I Glass Inc., Piramal Enterprises Ltd., Saverglass SAS, SGD Pharma, Stoelzle Oberglas GmbH, Verallia SA, Verescence France, Vetropack Group, Vidrala SA, Vitro SAB De CV, and Wiegand Glas Holding GmbH |
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Market dynamics |
Parent market growth analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the market forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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