Industry Landscape
Global Glass Packaging market was valued at USD 52600 million in 2023 and is expected to reach USD 86300 million by the year 2030, at a CAGR of 6.40% over the forecast period 2023- 2030.
The glass packaging market refers to the production, distribution, and use of glass containers for packaging various products such as beverages, food, pharmaceuticals, cosmetics, and more. Glass packaging offers several advantages, including its inert nature, impermeability to gases and liquids, recyclability, and aesthetic appeal.
Glass packaging refers to using glass containers to package various products. It is a popular choice in food and beverages, pharmaceuticals, cosmetics, and more industries.
Glass is chemically inert, which means it does not react with the contents it holds. This property makes it an ideal choice for preserving the taste, aroma, and quality of food and beverages. Glass is impermeable to gases and liquids, providing an excellent barrier against oxygen, moisture, and other external elements. This helps to maintain the freshness and integrity of the packaged products.
Glass is 100% recyclable and can be recycled endlessly without losing its quality. Recycling glass helps conserve resources and reduce the environmental impact associated with packaging waste.
Major Industry Participants in the Glass Packaging Market
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- Owens-Illinois Inc. (US)
- Vitro (US)
- Ardagh Group (Ireland)
- Verallia (France)
- Vetropack Group (Switzerland)
- Vidrala (Spain)
- Piramal Glass (India)
- Ba Glass (Portugal)
- Wiegand-GLAS (Germany)
- Gerresheimer AG (Germany)
- Şişecam Group (Turkey)
Market Dynamics and Contributing Factors
The pharmaceutical industry requires packaging solutions that can ensure the integrity and safety of drugs and healthcare products. Glass packaging offers excellent barrier properties, protecting the contents from oxygen, moisture, and other external factors that can compromise their quality and efficacy. Glass containers provide a reliable and secure packaging option for sensitive medications, injectables, and ophthalmic products.
Glass is chemically inert and non-reactive, making it an ideal choice for pharmaceutical packaging. It does not interact with the drugs or alter their chemical composition, ensuring that the medication remains stable and potent throughout its shelf life. This inert nature of glass helps to maintain the efficacy and safety of pharmaceutical products.
Many light-sensitive pharmaceutical drugs can degrade when exposed to light. Glass packaging offers excellent light-blocking properties, safeguarding the medications from harmful UV rays. This protection helps to maintain the potency and stability of light-sensitive drugs, ensuring their effectiveness when consumed by patients. As lifestyles become busier, consumers increasingly rely on packaged food products for convenience. Packaged food offers ready-to-eat or easy-to-prepare options that save time and effort. Glass packaging is well-suited for preserving and packaging a wide range of food products, including sauces, condiments, beverages, and more.
Key Insights in the Glass Packaging Market Report
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- By Glass Type, the borosilicate-based glass segment is expected to have the maximum market share in Packaging during the projected period. Borosilicate glass has excellent thermal resistance properties, making it highly resistant to thermal shock. It can withstand high temperatures without cracking or shattering, which makes it suitable for applications that involve extreme temperature changes. Borosilicate glass is chemically inert and resistant to corrosion from acids, alkalis, and other chemicals.
- By Product, the Bottles segment is anticipated to dominate the Packaging market over the forecast year. This dominance can be attributed to its widespread applications across various industries such as beverages, pharmaceuticals, cosmetics, and household products. With an increasing focus on sustainability and convenience, manufacturers within this segment are innovating with eco-friendly materials, lightweight designs
- By Region, Asia Pacific is expected to dominate the Packaging market, during the projected period. There is a growing awareness and concern about environmental sustainability in the Asia Pacific region. Consumers are increasingly seeking packaging solutions that are eco-friendly and recyclable. The Asia Pacific region has a strong and growing food and beverage industry.
Significant Industry Development
In May 2023, the business of Ardagh Group announced a supply agreement with Sprecher Brewing Company to continue to manufacture all of their glass beer and beverage bottles, including their recently redesigned custom 16oz glass bottle.
In May 2023, Verallia France, Europe’s leading producer, and a subsidiary of the world’s third-largest producer of glass packaging for food and beverage products supports the Rémy Cointreau group in its goal of reducing its environmental impact. Both companies have made a joint commitment to using lighter bottles and more recycled glass. Packaging Market Segmentation
By Glass Type
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- Borosilicate-Based
- Soda-Lime-Silica-Based
By Product
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- Bottles
- Jars & Contain
- Ampoules
- Vials
- Others
By End-User
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- Food
- Beverage (Alcoholic & Non- Alcoholic)
- Pharmaceuticals
- Personal Care & Cosmetics
- Others
For this report, Pristine Intelligence Market Research has segmented the Glass Packaging Market based on region.
Regional Outlook (Revenue in USD Million; Volume in Units, 2023-2030)
North America
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- The U.S.
- Canada
- Mexico
Eastern Europe
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- Bulgaria
- The Czech Republic
- Hungary
- Poland
- Romania
- Rest of Eastern Europe
Western Europe
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- Germany
- UK
- France
- Netherlands
- Italy
- Russia
- Spain
- Rest of Western Europe
Asia Pacific
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- China
- India
- Japan
- South Korea
- Malaysia
- Thailand
- Vietnam
- The Philippines
- Australia
- New-Zealand
- Rest of APAC
Middle East & Africa
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- Turkey
- Bahrain
- Kuwait
- Saudi Arabia
- Qatar
- UAE
- Israel
- South Africa
South America
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- Brazil
- Argentina
- Rest of SA
