Glass Bottles and Containers Market size to grow by USD 14.51 billion from 2022 to 2027

NEW YORK, July 26, 2023 /PRNewswire/ -- The glass bottles and containers market size is estimated to grow at a CAGR of 4.07% between 2022 and 2027. The market size is forecast to increase by USD 14.51 billion, according to Technavio. Discover some insights on market size historic period (2017 to 2021) and Forecast (2023 to 2027) before buying the full report -Request a sample report

Glass Bottles and Containers Market – Vendor AnalysisVendor Landscape - The glass bottles and containers market is fragmented, with the presence of several global as well as regional vendors. A few prominent vendors that offer glass bottles and containers in the market are 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 Holding Ltd., Vidrala SA, Vitro SAB De CV, and Wiegand Glas Holding GmbH and others.

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Vendor Offerings -

Beatson Clark - The company offers glass bottles and containers such as 10ml Winchester, 75ml Amber Sloping Shoulder Flat, and 100ml Sloping Shoulder Flat.

Crestani s.r.l. - The company offers glass bottles and containers such as siliconed vials.

GAASCH PACKAGING NV SA - The company offers glass bottles and containers such as VERAL AMBER, and VERAL FLINT.

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Glass Bottles and Containers Market - Segmentation AssessmentSegment OverviewTechnavio has segmented the market based on type (transparent glass and opaque glass), end-user (beverage packaging, cosmetics and perfumes, pharmaceuticals, food packaging, and others)

The market share growth by the transparent glass segment will be significant during the forecast period. There are many chances available for branding and customization with transparent glass. A great protection against oxygen, moisture, and other outside forces that might deteriorate, or ruin products is provided by glass. Cosmetics and fragrances are effectively protected by transparent glass packaging, which keeps their scent, texture, and quality throughout time. Hence, the above-mentioned factors are expected to drive segment growth during the forecast period.

Geography OverviewBy geography, the global glass bottles and containers market is segmented into North America, APAC, Europe, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global glass bottles and containers market.

North America is estimated to contribute 42% to the growth of the global market during the forecast period. Glass bottles and containers have seen extensive use in diverse sectors, including food and beverages, pharmaceuticals, cosmetics, and home care products. The demand for glass packaging is influenced by population growth, consumer choices, industry developments, and environmental concerns. Moreover, the substantial demand for glass packaging in the region is driven by its sizeable population and robust manufacturing presence spanning various industries. Hence, these factors are expected to drive the market in the region during the forecast period.

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Glass Bottles and Containers Market – Market Dynamics

Key Drivers

The demand for sustainable packaging options is a key factor driving market growth. Consumers are seeking products packaged in sustainable materials. Companies can satisfy consumer demand for eco-friendly packaging by adopting glass bottles and containers, which can improve their brand's reputation and image. Since they are developed from natural elements like sand, soda ash, and limestone, glass bottles and containers are quite sustainable. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends

Product premiumization is a major trend in the market. Premium and high-end goods like fine spirits, wine, gourmet foods, and cosmetics are often found in glass bottles and containers. Glass bottles and containers are an environmentally favorable option due to rising consumer awareness and demand for sustainable packaging. Glass may be reused numerous times without losing its quality and is extremely recyclable. Hence, product premiumization is expected to drive market growth during the forecast period.

Significant Challenges

Fragility and transportation concerns are significant challenges restricting market growth. Due to their fragility, glass bottles and containers must be handled with great care and packaged securely for shipping. For long-distance shipping or e-commerce distribution, this might raise logistics costs and provide difficulties in guaranteeing product integrity. In order to minimize movement and lower the chance of breaking, each container should be properly wrapped or cushioned. Hence, these factors are expected to drive market growth during the forecast period.

Drivers, Trends, and challenges have an impact on market dynamics, which can impact businesses. Find more insights in a sample report!

What are the key data covered in this Glass Bottles and Containers Market report?

CAGR of the market during the forecast period

Detailed information on factors that will drive the growth of the glass bottles and containers market between 2023 and 2027

Precise estimation of the size of the glass bottles and containers market and its contribution to the market with a focus on the parent market

Accurate predictions about upcoming trends and changes in consumer behavior

Growth of the glass bottles and containers market across North America, APAC, Europe, Middle East and Africa, and South America

A thorough analysis of the market's competitive landscape and detailed information about vendors

Comprehensive analysis of factors that will challenge the growth of glass bottles and containers market vendors

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Glass Bottles and Containers Market Scope

Report Coverage

Details

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 4.07%

Market growth 2023-2027

USD 14.51 billion

Market structure

Fragmented

YoY growth 2022-2023 (%)

3.65

Regional analysis

North America, APAC, Europe, Middle East and Africa, and South America

Performing market contribution

North America at 42%

Key countries

US, China, India, UK, Germany, and Canada

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

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 Holding Ltd., Vidrala SA, Vitro SAB De CV, and Wiegand Glas Holding GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

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.

Table of Contents

1 Executive Summary

1.1 Market Overview

2 Market Landscape

2.1 Market ecosystem

3 Market Sizing

3.1 Market definition

3.2 Market segment analysis

3.3 Market size 2022

3.4 Market outlook: Forecast for 2022-2027

4 Historic Market Size

4.1 Global glass bottles and containers market 2017 - 2021

4.2 Type Segment Analysis 2017 - 2021

4.3 End-user Segment Analysis 2017 - 2021

4.4 Geography Segment Analysis 2017 - 2021

4.5 Country Segment Analysis 2017 - 2021

5 Five Forces Analysis

5.1 Five forces summary

5.2 Bargaining power of buyers

5.3 Bargaining power of suppliers

5.4 Threat of new entrants

5.5 Threat of substitutes

5.6 Threat of rivalry

5.7 Market condition

6 Market Segmentation by Type

6.1 Market segments

6.2 Comparison by Type

6.3 Transparent glass - Market size and forecast 2022-2027

6.4 Opaque glass - Market size and forecast 2022-2027

6.5 Market opportunity by Type

7 Market Segmentation by End-user

7.1 Market segments

7.2 Comparison by End-user

7.3 Beverage packaging - Market size and forecast 2022-2027

7.4 Cosmetics and perfumes - Market size and forecast 2022-2027

7.5 Pharmaceuticals - Market size and forecast 2022-2027

7.6 Food packaging - Market size and forecast 2022-2027

7.7 Others - Market size and forecast 2022-2027

7.8 Market opportunity by End-user

8 Customer Landscape

8.1 Customer landscape overview

9 Geographic Landscape

9.1 Geographic segmentation

9.2 Geographic comparison

9.3 North America - Market size and forecast 2022-2027

9.4 APAC - Market size and forecast 2022-2027

9.5 Europe - Market size and forecast 2022-2027

9.6 Middle East and Africa - Market size and forecast 2022-2027

9.7 South America - Market size and forecast 2022-2027

9.8 US - Market size and forecast 2022-2027

9.9 China - Market size and forecast 2022-2027

9.10 UK - Market size and forecast 2022-2027

9.11 Germany - Market size and forecast 2022-2027

9.12 India - Market size and forecast 2022-2027

9.13 Market opportunity by geography

10 Drivers, Challenges, and Trends

10.1 Market drivers

10.2 Market challenges

10.3 Impact of drivers and challenges

10.4 Market trends

11 Vendor Landscape

11.1 Overview

11.2 Vendor landscape

11.3 Landscape disruption

11.4 Industry risks

12 Vendor Analysis

12.1 Vendors covered

12.2 Market positioning of vendors

12.3 Ardagh Group SA

12.4 Beatson Clark

12.5 Crestani s.r.l.

12.6 GAASCH PACKAGING NV SA

12.7 Gerresheimer AG

12.8 Glassworks International

12.9 Middle East Glass Manufacturing Co. S.A.E.

12.10 O I Glass Inc.

12.11 Piramal Enterprises Ltd.

12.12 Stoelzle Oberglas GmbH

12.13 Verallia SA

12.14 Vetropack Holding Ltd.

12.15 Vidrala SA

12.16 Vitro SAB De CV

12.17 Wiegand Glas Holding GmbH

13 Appendix

13.1 Scope of the report

13.2 Inclusions and exclusions checklist

13.3 Currency conversion rates for US$

13.4 Research methodology

13.5 List of abbreviations

About UsTechnavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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