Glass Packaging Market in Americas by Application and Geography - Forecast and Analysis 2022-2026

The glass packaging market share in Americas is expected to increase by USD 4.43 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 3.77%.

This glass packaging market research report of Americas provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by application (food and beverage, pharmaceuticals, personal care, and others) and geography (US, Brazil, Canada, and Rest of Americas). The glass packaging market report of Americas also offers information on several market vendors, including Ardagh Group SA, BA Glass BV, Beatson Clark Ltd., Berlin Packaging LLC, Burch Bottle and Packaging Inc., Gerresheimer AG, Kaufman Container Co., MJS Packaging, O.Berk, and O-I Glass Inc. among others.

What will the Glass Packaging Market Size in Americas be During the Forecast Period?

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Glass Packaging Market in Americas: Key Drivers and Challenges

The high compatibility of glass as a packaging material is notably driving the glass packaging market growth in Americas, although factors such as rising demand for pet and fiber packaging may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the glass packaging industry in Americas. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Glass Packaging Market Driver in Americas

One of the key factors driving growth in the glass packaging market growth in Americas is the high compatibility of glass as a packaging material. The awareness of glass as the safest material for packaging among consumers drives the glass packaging market in Americas. Concerns over the use of environment-friendly packaging materials also drive the demand for glass packaging. Vendors are introducing more products that use glass packaging because of its safety features. In terms of environmental sustainability, glass is completely (100%) recyclable and can be recycled multiple times, which makes it even more suitable for use. The demand for glass from the packaging industry has been growing and is expected to continue the same growth trajectory.

Key Glass Packaging Market Challenge in Americas

The rising demand for PET and fiber packaging will be a major challenge for the glass packaging market. The rising demand for PET is driving the demand for plastic containers. Polyethylene Terephthalate (PET) is a transparent plastic that is used for packaging soda, water, bottles, and containers. Globally, PET is acknowledged as a non-toxic, secure, lightweight, sturdy, flexible, and 100% recyclable material. With the rising demand for carbonated soft drinks and mineral water, PET has become the material of choice for bottling beverages. PET bottles and containers tested by the US Food and Drug Administration (FDA) are acceptable for use in several applications, which is propelling the growth of the plastic containers market, in turn, negatively impacting the growth of the glass packaging market in the Americas.

This glass packaging market in Americas analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Who are the Major Glass Packaging Market Vendors in Americas?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

• Ardagh Group SA
• BA Glass BV
• Beatson Clark Ltd.
• Berlin Packaging LLC
• Burch Bottle and Packaging Inc. 
• Gerresheimer AG
• Kaufman Container Co.
• MJS Packaging 
• O.Berk
• O-I Glass Inc.

This statistical study of the glass packaging market in Americas encompasses successful business strategies deployed by the key vendors. The glass packaging market in Americas is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The glass packaging market forecast report of Americas offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

Which are the Key Regions for Glass Packaging Market in Americas?

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54% of the market's growth will originate from the US during the forecast period. Market growth in this region will be faster than the growth of the market in Canada and the Rest of Americas.

The high consumption of alcoholic beverages in the country will facilitate the glass packaging market growth in the US over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

What are the Revenue-generating Application Segments in the Glass Packaging Market in Americas?

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The glass packaging market share growth in Americas by the food and beverages segment will be significant during the forecast period. The use of glass in food and beverage packaging is increasing owing to its non-hazardous nature. The adoption of new methods of food packaging with improved barrier properties and the need for advanced packaging materials in the food and beverage industry are some of the factors driving the glass packaging market in North America. Therefore, an increase in the demand for packaged food will lead to the growth of the glass packaging market in Americas 

This report provides an accurate prediction of the contribution of all the segments to the growth of the glass packaging market size in Americas and actionable market insights on post COVID-19 impact on each segment.

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What are the Key Data Covered in this Glass Packaging Market Report of Americas?

• CAGR of the market during the forecast period 2022-2026
• Detailed information on factors that will drive glass packaging market growth in Americas during the next five years
• Precise estimation of the glass packaging market size in Americas and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the glass packaging industry across US, Brazil, Canada, and Rest of Americas
• A thorough analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of glass packaging market vendors in Americas

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