Glass Packaging Market by Application and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR40759
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The glass packaging market size has the potential to grow by USD 12.36 billion during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3.70%. 

This report provides a detailed analysis of the market by application (food and beverage packaging, personal care packaging, pharmaceutical packaging, and others), geography (APAC, Europe, MEA, North America, and South America), and key vendors. 

Market Overview

Glass-Packaging-Market-Market-Size-2020-2025

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Market Competitive Analysis

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

 

  • Amcor Plc
  • Ardagh Group SA
  • BA Glass BV
  • China Glass Holdings Ltd.
  • Gerresheimer AG
  • Nihon Yamamura Glass Co. Ltd.  
  • O-I Glass Inc.
  • Verallia SAS
  • Vetropack Holding Ltd.
  • Vidrala SA

 

The glass packaging market is fragmented and the vendors are deploying growth strategies such as offering moderately differentiated products to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the increasing demand from pharmaceutical packaging to achieve growth opportunities. However, factors such as rising demand for PET and fiber packaging will challenge the growth of the market participants. 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.

Download a free sample of the glass packaging market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This glass packaging market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Glass Packaging Market: Key Drivers and Trends

  • The increasing demand for pharmaceutical packaging will be a significant factor in driving the growth of the glass packaging market.
  • 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 of 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.
  • 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.
  • ShatterSafe Reusable Glass Bottle is coated with a safe, permanently adhered, and impact-resistant plastic resin, which makes the bottle shatter-resistant and reusable.
  • The increasing innovations in shatter-proof glass, which is one of the critical glass packaging market trends, will positively influence the growth of the market during the forecast period.

 

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Glass Packaging Market: Segmentation by Geography

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44% 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 APAC will be faster than the growth of the market in other regions.

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. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Glass Packaging Market: Segmentation by Application

Glass-Packaging-Market-Market-Share-by-Application-2020-2025

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Glass packaging is widely used to increase the shelf life of food and beverage products. Glass is impermeable material that keeps air and other liquids out, which means that glass bottles never affect the flavor or freshness of the product. Furthermore, external temperatures, such as heat, do not affect the material or shape of the glass, unlike plastics that could melt and affect the product quality. The high demand for packaged food and beverage products is driving the use of glass packaging.

The post COVID-19 impact has fast-tracked the demand for glass packaging from the food and beverage industry. Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the glass packaging market size.

 

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Glass Packaging Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • 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, MEA, North America, and South America
  • 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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Glass Packaging Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4%

Market growth 2021-2025

$ 12.36 billion

Market structure

Fragmented

YoY growth (%)

1.28

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 44%

Key consumer countries

US, China, Germany, India, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Amcor Plc, Ardagh Group SA, BA Glass BV, China Glass Holdings Ltd., Gerresheimer AG, Nihon Yamamura Glass Co. Ltd.  , O-I Glass Inc., 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 future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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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
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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
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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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The glass packaging market growth will increase by $12357.01 million during 2020-2025.
The glass packaging market is expected to grow at a CAGR of 3.70% during 2020-2025.
Technavio has segmented the glass packaging market by application (Food and beverage packaging, Personal care packaging, Pharmaceutical packaging, and Others) and geographic (APAC, Europe, North America, South America, and MEA).
Amcor Plc, Ardagh Group SA, BA Glass BV, China Glass Holdings Ltd., Gerresheimer AG, Nihon Yamamura Glass Co. Ltd.  , O-I Glass Inc., Verallia SAS, Vetropack Holding Ltd., Vidrala SA are a few of the key vendors in the glass packaging market.
APAC will register the highest growth rate of 44.10% among the other regions. Therefore, the glass packaging 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 growth are:
  • Increasing consumption of beverages
The glass packaging market vendors should focus on grabbing business opportunities from the segment as it accounted for the largest market share in the base year.
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