Glass Container Market has undergone remarkable changes in order to become more customer friendly over the past years

Glass containers are highly preferred by customers as they can preserve the taste and flavor of the product. glass container market is booming due to significant changes such as ease of use, lighter weight and lower logistics costs.

The unique features of glass, such as chemical durability, optical properties, transparency and low cost, have contributed to its longstanding success. Future Market Insights (FMI) provides insight into key factors driving the demand for glass containers. The report tracks global sales of glass containers in over 20 high-growth markets and analyzes the impact of COVID-19 on the beverage industry in general and glass containers in particular.

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important point 

• The liquor industry has a strong influence on the glass container market, with many manufacturers selling liquor in glass bottles.
• Alcoholic beverages constitute one of the most lucrative segments in the beverage industry, accounting for a higher market share in terms of volume compared to other end-use applications.
• The development of innovative, lightweight products with attractive designs and vibrant color combinations at lower manufacturing costs continues to be a key enabler of growth.
• Demand for glass is fueled by strong growth evident in the world of luxury packaging, especially in the liquor and cosmetics sectors.
• The luxury packaging market is gaining momentum around the world. Key market players are introducing various luxury packaging products to expand their product lines and market share.
• The United States will remain one of the most profitable markets throughout the forecast period. Nearly 85.6% of people over the age of 18 will consume alcohol at some point in their lives, according to the 2019 National Survey of Drug Use and Health (NSDUH).
• Due to the increasing consumption of alcoholic beverages,  Germany  is expected to remain one of the highly lucrative markets for glass containers.

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competitive environment 

• Ardagh Group SA,
• Amcor Plc?
• Consol Glass (Pty) Ltd.,
• Owens Illinois , Inc.
• Saberglass Group,
• BA glass,
• Hindusthan National Glass & Industries Limited,
• Looks Co., Ltd.
• wiegand glass,
• Vidrara SA

Some of the leading companies profiled in the full report are listed below.

The glass container market is estimated to welcome new entrants in the coming years owing to the increasing consumer preference for eco-friendly products. Multinationals and other established market players may soon focus on expansion. In addition to this, the focus on expansion will continue to increase throughout the forecast period.

More Insights into the Glass Container Market

FMI expects the United States to remain one of the most favorable markets over the forecast period. According to the 2019 National Survey of Drug Use and Health (NSDUH), nearly 85.6% of people over the age of 18 reported having consumed alcohol at some point in their lives. Alcohol consumption is projected to continue to increase, and the demand for glass containers is expected to increase accordingly.

Due to the increasing consumption of alcoholic beverages,  Germany  is expected to remain one of the highly lucrative markets for glass containers.According to  American Addiction Centers, Inc. (AAC), the average German citizen is 1 We consume 11.3 liters of alcohol per year, compared to a global average of 8.9 liters.

Due to the impact of COVID,  the demand for glass containers such as ampoules, vials and bottles has surged in China . Demand was further boosted by the high number of COVID-19 cases. A number of factors influence the growing demand for glass containers.

Glass containers are one of the most preferred packaging formats for luxury goods such as perfumes and cosmetics and are in high demand in  France’s  booming cosmetic and perfume packaging sector.

Glass accounted for around 7% of all soft drink packaging formats in 2019, according to the British Soft Drink Association. However, when it comes to alcoholic beverages, this share of glass containers amounts to his 80% of all packaging formats used for packaging. alcoholic beverages.

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Main segment

product type

• glass bottle
  • Sauce/Syrup Bottle
  • french square bottle
  • boston round bottle
  • glass jug
  • Others (Rio Round, Uzi Bottle, Pill Packer, etc.)
• glass jar
  • mason jar
  • hex glass jar
  • Paragon Glass Jar
  • straight side jar
  • Others (faceted jars, baked round jars, etc.)
• glass vial
  • food vial
  • pharmaceutical grade vials
• candle glass container

colour

• amber glass container
• blue glass container
• clear glass container
• frosted glass container
• Other colored glass containers

End-use industry

• Cosmetics/Perfume
  • perfume
  • color cosmetics
• pharmaceuticals
• food packaging
  • general food packaging
  • special food packaging
• Beverage packaging
  • alcoholic beverage
  • non-alcoholic beverages
• Other products