Enjoy complimentary customisation on priority with our Enterprise License!
The glass market is estimated to grow by USD 75.6 billion, at a CAGR of 4.36% between 2023 and 2028. The market is experiencing significant growth, driven by several key factors. One of the primary drivers is the increasing consumption of beverages, particularly soft drinks leading to a rise in demand for glass bottles. Another growth factor is the increasing use of flat glass in photovoltaic modules and e-glass due to the rising need for clean energy. This trend is expected to continue as the world transitions to renewable energy sources. However, the market faces challenges from alternatives such as plastic bottles and other packaging materials. These alternatives offer cost advantages and are gaining popularity, particularly in the beverage packaging industry. Despite this, the market is expected to maintain its position due to its superior properties, including reusability, recyclability, and impermeability to light and gases. Overall, the glass market is poised for steady growth in the coming years, driven by increasing demand for glass in various end-use industries.
To learn more about this report, Download Report Sample
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 Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.