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Glass Container Market Analysis

  • Report ID: GMI6588
  • Published Date: Aug 2023
  • Report Format: PDF

Glass Container Market Analysis

Based on type, the glass container market is segmented as bottles, jars, carafes, others. Bottles held a majority market value of USD 21.7 billion in 2022. Glass bottles are commonly used for packaging beverages like water, carbonated drinks, juices, and alcoholic beverages. The demand is driven by the need to maintain product quality, hygiene, and brand differentiation. Moreover, an increasing usage will further accelerate the segmental growth.
 

Glass Container Market Revenue Share, By End-use, (2023)

Based on end-use, the glass container market is segmented as food & beverage industry, pharmaceutical industry, cosmetics & personal care industry, household & consumer goods industry, others. Food & Beverage Industry held a dominant market share of around 40% in 2022 and is expected to grow at a lucrative pace through 2032. Glass containers are preferred for beverages like wine, spirits, and premium bottled water due to their non-reactive nature, which preserves the taste and quality of the contents.
 

U.S. Glass Container Market Size, 2021- 2032 (USD Billion)

U.S. dominated the North American region with majority glass container market share and a revenue of USD 11.8 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. North American consumers are increasingly focused on sustainability and environmental responsibility. Glass containers, being highly recyclable and reusable, align with these preferences and drive demand.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for glass container was valued at USD 61.2 billion in 2023 and will reach USD 86.6 billion by 2032 due to the increasing regulations towards sustainable and eco-friendly packaging options worldwide.

Glass container industry from the bottle type segment recorded USD 21.7 billion in 2022 and will witness significant growth from 2023-2032 on account of the surging need to maintain product quality, hygiene, and brand differentiation.

U.S. glass container recorded USD 11.8 billion in 2022 and is expected to garner significant CAGR from 2023-2032 owing to the rising consumer focus on sustainability and environmental responsibility in the region.

Nippon Paper Industries Co., Ltd., Stora Enso, South African Pulp & Paper Industries, Mondi plc, ITC Limited, Smurfit Kappa Group, Oji Holding Corporation, International Paper Group, and Svenska Cellulosa Aktiebolaget are some of the major glass container companies worldwide.

Glass Container Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 136
  • Countries covered: 21
  • Pages: 120
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