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

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR40759
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The glass packaging market size is expected to accelerate at a CAGR of 3.99% and reach an estimated value of USD 13.88 billion by 2026.

This glass packaging market research report extensively covers market segmentations by the following:

  • End-user - Food and beverage packaging, personal care packaging, pharmaceutical packaging, and others
  • Geography - APAC, Europe, North America, South America, and Middle East and Africa

The glass packaging market report also offers information on several market vendors, including Amcor Plc, Ardagh Group SA, BA Glass BV, Beatson Clark Ltd., Berlin Packaging LLC, Bormioli Rocco Spa, Gerresheimer AG, HEINZ GLAS GmbH and Co. KGaA, Hindusthan National Glass and Industries Ltd., Nihon Yamamura Glass Co. Ltd., O I Glass Inc., PGP Glass Pvt. Ltd., SCHOTT AG, Sonoco Products Co., Stolzle Oberglas GmbH, The Cary Co., The Saint Gobain Group, Verallia SAS, Vetropack Holding Ltd., and Vidrala SA among others.

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

Glass Packaging Market Size

Download the Free Report Sample to Unlock the Glass Packaging Market Size for the Forecast Period and Other Important Statistics

 

Glass Packaging Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The increasing demand from pharmaceutical packaging is notably driving the glass packaging market growth, although factors such as fluctuations in raw material prices may impede 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. 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

  • One of the key factors driving the global glass packaging market growth is the increasing demand for pharmaceutical packaging. 
  • The growing aging population, rising incidence of chronic illnesses, and increasing demand for drugs have boosted the need for sterile medical packaging from the pharmaceutical and biological industries.
  • Glass packaging provides better protection against microorganisms and is ideal for use as secure and sterilized packaging for medical products and supplies.
  • The rising demand for contamination-free medical products and increasing efforts by manufacturers and regulatory authorities to improve infection control measures will further support the demand for sterile medical packaging products, including glass packaging from the pharmaceutical industry.

Key Glass Packaging Market Trend

  • Increasing number of innovations for glass packaging is one of the key glass packaging market trends that is expected to impact the industry positively in the forecast period.
  • Market vendors are increasingly focusing on the development of shatter-proof glasses that are lightweight, convenient, and portable and can be used to serve beer.
  • A water-based coating on shatter-proof glass containers helps to keep the glass in place upon shattering.
  • Shatter-Safe Reusable Glass Bottle is coated with a safe, permanently adhered, and impact-resistant plastic resin, which makes the bottle shatter-resistant and reusable.

Key Glass Packaging Market Challenge

  • One of the key challenges to the global glass packaging market growth is the fluctuations in raw material prices.
  • The prices of soda ash, one of the major raw materials accounting for more than 50% of the total cost of raw materials in the manufacture of glass containers, have been continuously rising since January 2018.
  • To offset the higher costs incurred on raw materials, container manufacturers tend to increase the price of the end products.
  • The high prices of containers may discourage end-users from buying the product, thereby reducing sales volume and negatively impacting the growth of the market.
  • The fluctuations in raw material prices are providing opportunities for substitutes for glass packaging such as bioplastics, aluminum, and PET.
  • The use of substitutes and high raw material prices can pose a threat to the global glass packaging market during the forecast period.

This glass packaging market 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.

Parent Market Analysis

Technavio categorizes the global glass packaging market as a part of the global metal and glass containers market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the glass packaging market during the forecast period.

Who are the Major Glass Packaging Market Vendors?

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

 

  • Amcor Plc
  • Ardagh Group SA
  • BA Glass BV
  • Beatson Clark Ltd.
  • Berlin Packaging LLC
  • Bormioli Rocco Spa
  • Gerresheimer AG
  • HEINZ GLAS GmbH and Co. KGaA
  • Hindusthan National Glass and Industries Ltd.
  • Nihon Yamamura Glass Co. Ltd.
  • O I Glass Inc.
  • PGP Glass Pvt. Ltd.
  • SCHOTT AG
  • Sonoco Products Co.
  • Stolzle Oberglas GmbH
  • The Cary Co.
  • The Saint Gobain Group
  • Verallia SAS
  • Vetropack Holding Ltd.
  • Vidrala SA

 

This statistical study of the glass packaging market encompasses successful business strategies deployed by the key vendors. The glass packaging market is fragmented and the vendors are deploying growth strategies such as product innovation to compete in the market.

Product Insights and News

  • Amcor Plc - The company offers glass packaging for ready meals, dairy, ice creams, and dry beverages. 
  • Amcor Plc - In January 2022, the company announced a new platform for paper-based packaging products to provide a wide range of features and functional benefits to meet the changing needs of consumers. 

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 offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Glass Packaging Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the glass packaging market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Glass Packaging Market?

Glass Packaging Market Market segmentation by region

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45% of the market's growth will originate from APAC during the forecast period. China and India are the key markets for glass packaging in APAC. Market growth in this region will be faster than the growth of the market in other regions.

The rising gross domestic product (GDP) and economic growth in the region, as well as the increasing popularity and acceptance of various alcoholic and non-alcoholic beverages, such as beer, packed fruit juices, and smoothies, will facilitate the glass packaging market growth in APAC 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.

COVID Impact and Recovery Analysis

In 2020, most industrial operations were adversely affected by the outbreak of COVID-19 in the region. China, India, Indonesia, and Bangladesh were some of the worst-affected countries. However, the demand for glass packaging from businesses dealing with essential groceries and pharmaceutical manufacturers remained steady even during the lockdown phase. In addition, the production of COVID -19 vaccines worldwide is expected to boost the demand for the global glass packaging market in the region during the forecast period.

What are the Revenue-generating End-user Segments in the Glass Packaging Market?

Glass Packaging Market Segmentation

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The glass packaging market share growth by the food and beverage packaging segment will be significant during the forecast period. The significant increase in the demand for packaged food will lead to the growth of the global glass packaging market in the forecast years.

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

 

Glass Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 3.99%

Market growth 2022-2026

$ 13.88 billion

Market structure

Fragmented

YoY growth (%)

3.45

Regional analysis

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

Performing market contribution

APAC at 45%

Key consumer countries

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

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amcor Plc, Ardagh Group SA, BA Glass BV, Beatson Clark Ltd., Berlin Packaging LLC, Bormioli Rocco Spa, Gerresheimer AG, HEINZ GLAS GmbH and Co. KGaA, Hindusthan National Glass and Industries Ltd., Nihon Yamamura Glass Co. Ltd., O I Glass Inc., PGP Glass Pvt. Ltd., SCHOTT AG, Sonoco Products Co., Stolzle Oberglas GmbH, The Cary Co., The Saint Gobain Group, Verallia SAS, Vetropack Holding Ltd., and Vidrala SA

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 forecast period

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

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive glass packaging market growth during the next five years
  • Precise estimation of the glass packaging market size 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 APAC, Europe, North America, South America, and Middle East and Africa
  • 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

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by End-user

    • 5.1 Market segments
      • Exhibit 24: Chart on End-user - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on End-user - Market share 2021-2026 (%)
    • 5.2 Comparison by End-user
      • Exhibit 26: Chart on Comparison by End-user
      • Exhibit 27: Data Table on Comparison by End-user
    • 5.3 Food and beverage - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Food and beverage - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Food and beverage - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Food and beverage - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Food and beverage - Year-over-year growth 2021-2026 (%)
    • 5.4 Personal care - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Personal care - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Personal care - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Personal care - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Personal care - Year-over-year growth 2021-2026 (%)
    • 5.5 Pharmaceutical - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Pharmaceutical - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Pharmaceutical - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Pharmaceutical - Year-over-year growth 2021-2026 (%)
    • 5.6 Others - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Others - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Others - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Others - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by End-user
      • Exhibit 44: Market opportunity by End-user ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 APAC - Market size and forecast 2021-2026
      • Exhibit 50: Chart on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on APAC - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on APAC - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on APAC - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 North America - Market size and forecast 2021-2026
      • Exhibit 58: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.6 South America - Market size and forecast 2021-2026
      • Exhibit 62: Chart on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on South America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on South America - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on South America - Year-over-year growth 2021-2026 (%)
    • 7.7 Middle East and Africa - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Middle East and Africa - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Middle East and Africa - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Middle East and Africa - Year-over-year growth 2021-2026 (%)
    • 7.8 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.9 US - Market size and forecast 2021-2026
      • Exhibit 74: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.10 Germany - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.11 India - Market size and forecast 2021-2026
      • Exhibit 82: Chart on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on India - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on India - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on India - Year-over-year growth 2021-2026 (%)
    • 7.12 UK - Market size and forecast 2021-2026
      • Exhibit 86: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 87: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 88: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 89: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.13 Canada - Market size and forecast 2021-2026
      • Exhibit 90: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 91: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 92: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 93: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.14 Market opportunity by geography
      • Exhibit 94: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 95: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 96: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 97: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 98: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 99: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 100: Matrix on vendor position and classification
            • 10.3 Amcor Plc
              • Exhibit 101: Amcor Plc - Overview
              • Exhibit 102: Amcor Plc - Business segments
              • Exhibit 103: Amcor Plc - Key news
              • Exhibit 104: Amcor Plc - Key offerings
              • Exhibit 105: Amcor Plc - Segment focus
            • 10.4 Ardagh Group SA
              • Exhibit 106: Ardagh Group SA - Overview
              • Exhibit 107: Ardagh Group SA - Business segments
              • Exhibit 108: Ardagh Group SA - Key news
              • Exhibit 109: Ardagh Group SA - Key offerings
              • Exhibit 110: Ardagh Group SA - Segment focus
            • 10.5 BA Glass BV
              • Exhibit 111: BA Glass BV - Overview
              • Exhibit 112: BA Glass BV - Business segments
              • Exhibit 113: BA Glass BV - Key offerings
              • Exhibit 114: BA Glass BV - Segment focus
            • 10.6 Gerresheimer AG
              • Exhibit 115: Gerresheimer AG - Overview
              • Exhibit 116: Gerresheimer AG - Business segments
              • Exhibit 117: Gerresheimer AG - Key news
              • Exhibit 118: Gerresheimer AG - Key offerings
              • Exhibit 119: Gerresheimer AG - Segment focus
            • 10.7 Nihon Yamamura Glass Co. Ltd.
              • Exhibit 120: Nihon Yamamura Glass Co. Ltd. - Overview
              • Exhibit 121: Nihon Yamamura Glass Co. Ltd. - Business segments
              • Exhibit 122: Nihon Yamamura Glass Co. Ltd. - Key offerings
              • Exhibit 123: Nihon Yamamura Glass Co. Ltd. - Segment focus
            • 10.8 O I Glass Inc.
              • Exhibit 124: O I Glass Inc. - Overview
              • Exhibit 125: O I Glass Inc. - Business segments
              • Exhibit 126: O I Glass Inc. - Key offerings
              • Exhibit 127: O I Glass Inc. - Segment focus
            • 10.9 PGP Glass Pvt. Ltd.
              • Exhibit 128: PGP Glass Pvt. Ltd. - Overview
              • Exhibit 129: PGP Glass Pvt. Ltd. - Product / Service
              • Exhibit 130: PGP Glass Pvt. Ltd. - Key offerings
            • 10.10 Verallia SAS
              • Exhibit 131: Verallia SAS - Overview
              • Exhibit 132: Verallia SAS - Business segments
              • Exhibit 133: Verallia SAS - Key offerings
              • Exhibit 134: Verallia SAS - Segment focus
            • 10.11 Vetropack Holding Ltd.
              • Exhibit 135: Vetropack Holding Ltd. - Overview
              • Exhibit 136: Vetropack Holding Ltd. - Product / Service
              • Exhibit 137: Vetropack Holding Ltd. - Key offerings
            • 10.12 Vidrala SA
              • Exhibit 138: Vidrala SA - Overview
              • Exhibit 139: Vidrala SA - Product / Service
              • Exhibit 140: Vidrala SA - Key offerings

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 141: Inclusions checklist
                • Exhibit 142: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 143: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 144: Research methodology
                • Exhibit 145: Validation techniques employed for market sizing
                • Exhibit 146: Information sources
              • 11.5 List of abbreviations
                • Exhibit 147: List of abbreviations
              • type: Includes steel, aluminum, and tin o

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                TechnavioINFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases
                Technavio

                TechnavioDATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts
                Technavio

                TechnavioREPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape
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                Glass Packaging Market market growth will increase by $13.88 bn during 2022-2026.
                The glass packaging market market is expected to grow at a CAGR of 3.99% during 2022-2026.
                Technavio has segmented the glass packaging market market by end-user (Food and beverage packaging, Personal care packaging, Pharmaceutical packaging, and Others) ,geography (APAC, Europe, North America, South America, and Middle East and Africa) , and geographic (APAC, Europe, North America, South America, and MEA).
                Amcor Plc, Ardagh Group SA, BA Glass BV, Beatson Clark Ltd., Berlin Packaging LLC, Bormioli Rocco Spa, Gerresheimer AG, HEINZ GLAS GmbH and Co. KGaA, Hindusthan National Glass and Industries Ltd., Nihon Yamamura Glass Co. Ltd., O I Glass Inc., PGP Glass Pvt. Ltd., SCHOTT AG, Sonoco Products Co., Stolzle Oberglas GmbH, The Cary Co., The Saint Gobain Group, Verallia SAS, Vetropack Holding Ltd., Vidrala SA are a few of the key vendors in the glass packaging market market.
                APAC will register the highest growth rate of 45% among the other regions. Therefore, the glass packaging market market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
                The key factors driving the glass packaging market market growth are:
                • Increasing demand from pharmaceutical packaging
                • Growing investments and focus on expanding production capabilities
                The glass packaging market market vendors should focus on grabbing business opportunities from the food and beverage packaging segment as it accounted for the largest market share in the base year.
                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?
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