Global Glass Container Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast: 2018–2027
The Global Glass Container Market report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global glass container market report has been segmented on the basis of product type, end-user, and region.
This report is based on the synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our researchers have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market.
In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in the future.
Glass Container Market Overview:
Glass containers are widely used in various industries such as food and beverages packaging, cosmetics, perfumes, etc., in order to protect them against contamination and regulate their hygiene value. The global glass containers market is expected to grow significantly over the forecast period, owing to increasing demand for packaging food and beverages.
Glass Container Market Dynamics:
Glass containers are convenient for packaging various products, owing to their features such as non-permeability, hygiene, reusability, etc. The global glass containers market is driven by increasing demand for packaging food and beverages as a rigid packaging solution.
In addition, increasing consumption of beverages such as soft drinks, wine, etc. is generating demand for glass bottles which in turn is expected to boost the growth of the target market. The ability of glass containers to preserve food or other products for a longer time leads to its increasing application in various industries such as pharmaceuticals, chemicals, beverages, etc., which is expected to fuel demand for glass containers.
Increasing consumption of beauty products such as perfumes, and cosmetics is another factor expected to propel the growth of the target market. Increasing adoption of glass containers in food packaging for products such as jams, sauces, spreads, etc. is expected to generate demand for glass containers, which will support the growth of the target market.
In the pharmaceuticals industry, glass vials are widely used to store liquid medicines, powders, etc. which are also expected to create demand for glass containers and further augment the growth of the global glass container market.
However, glass containers are easily breakable, which may lead to product damage during transportation which is expected to hamper the growth of the global glass containers to a certain extent. Moreover, the availability of substitutes in the market such as plastic containers, and polyethylene terephthalate (PET) containers are expected to challenge the growth of the target market.
Glass Container Market Regional Insights:
Asia Pacific market is expected to grow significantly, owing to increasing consumption of alcoholic beverages and increasing application in the pharmaceuticals sector. In addition, emerging countries such as India and China has a strong presence of a consumer base which is expected to fuel demand for various packaged products.
Moreover, increasing consumption of personal care and beauty products will further propel the growth of the target market. Market in Europe is expected to register substantial growth, owing to increasing demand from pharmaceuticals and chemicals industries as an effective packaging solution. Moreover, increasing consumption of alcoholic beverages such as beer, wine, etc., is expected to propel the growth of the global glass container market.
Segmentation and Key Players Operating in Global Glass Container Market:
Segmentation by product type:
- Glass Bottle
- Glass Jars
- Glass Vials
- Candle Glass Containers
Segmentation by end-user:
- Cosmetics & Perfumes
- Food Packaging
- Beverage Packaging
- Other Products
Segmentation by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn
- Amcor Ltd.
- Owens-Illinois Inc.
- Central Glass Co., Ltd.
- BA Vidro, S.A.
- Vidrala, S.A.
- Ardagh Group S.A.
- Hindusthan National Glass & Industries Ltd.
- Vitro, S.A.B de C.V.
- Consol Glass (Pty) Ltd.
- Frigoglass S.A.I.C.
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