Glass Packaging Market Size, Share & Industry Impact Analysis, By Product (Bottles, Jars & Container, Ampoules, Vials, and Others), By End-user (Food, Beverage (Alcoholic & Non-alcoholic), Pharmaceuticals, Personal Care & Cosmetics, Others), and Regional Forecast, 2024-2032

The global glass packaging market size was valued at USD 64.97 billion in 2023 and is expected to grow from USD 67.28 billion in 2024 to USD 93.69 billion by 2032, exhibiting a CAGR of 4.23% during the forecast period. Asia Pacific dominated the glass packaging market with a market share of 38.06% in 2023. Moreover, the glass packaging market in the U.S. is projected to grow significantly, reaching an estimated value of USD 8.36 billion by 2032, driven by the growing consumer preference for aesthetically pleasing and reusable packaging.

Glass packaging covers a range of areas, including glass containers, bottles, tubes, and others. It is considered the most trusted packaging for health and safety. The packaging material depends on the product type. Glass is an everlasting material that can be infinitely recycled without losing quality. Increasing demand from the food & beverages and personal care & cosmetics industries is anticipated to enhance the market growth. The growing consumer demand for healthy and safe packaging solutions is one of the major factors propelling the development of the global market. Glass is also considered a premium material that maintains the product's freshness, thereby being used in a wide range of end-use industries. Key manufacturers continuously introduce innovative products through technologies that emboss, shape, and add an artistic finish, thereby driving market growth. 

The global market witnessed moderate growth due to huge supply chain disruptions leading to daily activities' termination. However, with the growing COVID -19 pandemic crisis, many countries considered glass packaging a vital industry. The industry recorded an increasing demand from the pharmaceutical and food and beverage industries. The need for the packaging from these sectors increased owing to the usage of medical food cans and beverage bottles. Several associations, including the American Glass Packaging Institute (GPI), the European Container Glass Federation (FEVE), and the European Federation of Glass Recyclers issued statements thanking all employees for their commitment and dedication.

Glass Packaging Market Trends

Increasing Recycling Rates for Sustainable Growth to Drive Market Growth

The recycling of glass is rapidly increasing globally, especially in advanced countries. Europe dominated in terms of recycling based on the most effective recycling rates. As per figures from the FEVE, Europe accomplished a glass collection rate of around 76%. The growth is expected across numerous beverage products such as soups, tea, coffee, juices, and non-dairy beverages. Furthermore, the brewing industry is a primary contributor to the European economy and is vital in assisting the E.U.'s aims to reduce youth joblessness and endorse competitiveness and growth.

Manufacturing advanced, lower-weight products with attractive designs and vivid color schemes at lower production prices has continued to be a key growth organizer. Prominent beverage competitors are also increasing the adoption of glass packaging, which adds to the beverage division share in Europe. The growth in production volume could indicate the prominence of glass packaging in the beverage division across Europe.

Glass Packaging Market Growth Factors

Rising Demand for Glass Packaging in the Healthcare and Cosmetic Industry to Boost the Market Growth

Growth in the healthcare units and the presence of the cosmetics industry drive the global market. The design and manufacture of suitable packaging for medical products are vital to confirming therapeutic goods' safe storage, delivery, and management. Packaging for healthcare products is mainly composed of glass. Furthermore, as manufactures several ampoules, including glass dropper bottles, vials, and other glass products, it is used widely in the healthcare & cosmetic industries.

Cosmetic containers that use glass materials for high-end cosmetic packages are rapidly increasing. It further contributes to the growth of the overall market. Glass containers such as jars and bottles are also used for various dispensing options such as nozzles, drip inserts, spray nozzles, foaming caps and pump heads. It plays an important role as it is also important for cosmetic containers not to absorb substances from the product, such as absorbing moisture from the cream inside the container. Therefore, the increasing use of glass in cosmetics will increase the demand for glass packaging, further driving market growth.

Food & Beverage Industry Fosters the Growth of the Market

The beverage industry is rapidly increasing worldwide, and so is its supremacy in pouring the demand for glass packaging. Nonetheless, in countries such as India, the liquor industry fuels the need for the product in the region. The food industry accounts for another largest glass packaging market share. Glass is a safe material not only because it does not react with the environment or products inside but also because it does not release any harmful chemicals into products stored inside, e.g. when heated. Thanks to this, glass packaging guarantees that the food will not be contaminated during transportation due to temperature fluctuations. Additionally, the structure of the glass makes it much easier to keep bottles or jars clean.

Additionally, as resistance to thermal shocks is essential to maintain food quality, the packaging is preferred by many foods and beverages industries worldwide. Moreover, as the material offers significant benefits such as impermeability and visibility, the food and beverages industry utilizes it on a large scale. Along with consumers' growing demand for safe and healthy food products, manufacturers are also innovating products for the food & beverages industry. Such factors lead to the overall growth of the global market.

RESTRAINING FACTORS

Higher Maintenance and Operation Costs to Inhibit Market Growth

Reducing operational costs and using relieving products such as plastics and tin are restraining the market growth and expansion of the business. There are a range of materials to choose from for food and beverage packaging; plastic, metal, and glass are some of the most popular and functional materials used. Glass provides greater environmental benefits with its ability to be recycled indefinitely and the fact that it releases zero harmful emissions. However, plastic packaging is ideal for applications in which cost, weight, or space efficiency is a major concern. Furthermore, using substitute items, such as plastic containers and aluminum surge the rivalry between the key players and is the main challenging factor in the market. Growth in technological activities and the adopted packaging methods are the primary restraining factors for industry expansion.

Glass Packaging Market Segmentation Analysis

By Product Analysis

Bottles Segment to Dominate Owing to the Popularity of Soft Drinks

Based on product, the market is categorized into bottles, jars & containers, ampoules, vials, and others. Glass bottles improve food and beverage freshness. The alcohol industry uses attractive packaging products, including ceramic glass bottles, beer bottles, and whisky bottles. Moreover, manufacturers’ increasing need to differentiate their alcoholic products on the basis of packaging will boost the use of glass packaging in the beverage industry. In addition, the emphasis on recycled packaging is increasing due to the growing awareness of the use of 100% recyclable goods to reduce packaging waste. This factor is boosting the demand for sustainable packaging items and promoting the development of glass packaging products for alcoholic beverages.

The material has an impermeable design, which helps protect the products' quality from air and contaminants. Glass bottles have a longer shelf life than any other packaging solution, contributing to the segment's growth. Moreover, as glass bottles are reusable, they are used for many applications. Further, as the bottles offer a premium experience in the look, feel, and weight, they are used to promote and build brand image.

By End-user Analysis

Beverages Segment to Gain Traction Due to Rising Alcohol Consumption

Based on end-user, the market is categorized into food, beverage, pharmaceuticals, personal care & cosmetics, and others. The beverages segment holds the largest market share. The segment is witnessing rapid growth due to the usage of this packaging for alcoholic beverages and the growing consumption of alcohol globally. Glass is a highly preferred packaging raw material for alcohol. With the increasing availability of different bottle sizes and shapes in the retail market, it is used in the beverages industry. Another major factor augmenting product demand is innovation in design and chemical composition, which has reduced glass bottle weight. The pharmaceutical industry will witness rapid growth over the glass packaging market forecast period.

REGIONAL INSIGHTS

The global market has been analyzed geographically across five main regions, North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.

Asia Pacific dominates the global target market share. The rapid growth can be attributed to glass production activities and increased adoption in the healthcare, food & beverages, and cosmetics industries. The rapidly growing healthcare and cosmetic industry is expected to propel the demand in the Asia Pacific. Additionally, the increased adoption of luxury manufacturers is continuously working on innovative packaging to attract consumers' attention which is responsible for the growth in the Asia Pacific region.

The North America market is expected to witness significant growth in the forthcoming years. Key manufacturers across all industries are laying the groundwork for progress by adopting eco-friendly packaging, and glass is an excellent packaging material. In a race to compete with global manufacturing hubs such as China and Japan, North America has been striving to develop and adopt glass packaging.

In Europe, this packaging has been predominantly used by the food and beverage industry due to its ability to remain inert to the contents and safe for consumers. In Europe, the industry manufacturing capacity for the food and beverage sector augmented sturdily by 5.0%, in contrast to 2020 statistics, to reach its maximum level ever recorded. The demand is determined by the performance of the beverage industry, majorly the alcoholic beverage segment. More than half of Europe's demand for glass containers is registered for the beer industry and is anticipated to be the fastest-growing region.

In Latin America, the high healthcare spending in the region has resulted in heightened demand for advanced sterilization devices in hospitals and medical centers. Similarly, the thriving medical tourism industry, along with the accessibility of advanced sterilization equipment at reasonable costs, widens the market scope in Brazil on a large scale, which surges the product demand in this region.

The rising growth of the Middle East & African chemical healthcare industry is fueling the demand in this region. Subsequently, the increased demand for glass-based packaging in the food and beverages industry, coupled with the rising food and beverages industry in the Middle East & Africa, is propelling the market across the region.

List of Key Companies in Glass Packaging Market

Key Players are concentrating on New Contracts and Enhancing Product Portfolio

This market is fragmented, with producers and service providers such as Amcor plc, Gerresheimer, Ardagh Group S.A., Nihon Yamamura Glass Co. Ltd., and Vitro Packaging occupying a considerable share of the global market. These companies have successfully acquired new and long-term contracts from different countries over the years. The market includes other players such as Verallia, Vetropack Group, Heinz-Glass GmbH & Co. KGaA, BORMIOLI ROCCO SPA, KOA GLASS CO., LTD, and B.A. Glass B.V., and others who are increasing their customer reach and establishing a solid footprint in the market.

LIST OF KEY COMPANIES PROFILED:

• Gerresheimer (Germany)


• Vitro Packaging (U.S.)


• Verallia (France)


• BORMIOLI ROCCO SPA (Italy)


• KOA GLASS CO., LTD (Japan)


• BA Glass B.V. (Spain)


• Amcor plc (Australia)


• Ardagh Group S.A. (Luxembourg)


• Nihon Yamamura Glass Co. Ltd. (Japan)


• Vetropack Group (Switzerland)


• Heinz-Glass GmbH & Co. KGaA (Germany)

KEY INDUSTRY DEVELOPMENTS:

• September 2023 - Ardagh Glass Packaging – North America, a business segment of Ardagh Group, teamed up with St. Michelle Wine Estates to change to ECO Series sustainable glass packaging opportunities. St. Michelle Wine Estates, the major winery in the Pacific Northwest and among the top premium wine companies in the U.S., has extended valued sustainability and protection of the atmosphere. St. Michelle could decrease its environment by transitioning one old-style glass bottle into Ardagh's ECO Series glass bottles.


• July 2023 - Ardagh Glass Packaging, Africa, declared the contracting of a USD 95 million extension of its Nigel fabrication facility in Gauteng, South Africa. The deal is more than twice the facility's volume to provide sustainable glass packaging to provide the customers' present demand, which is expected to surge in the coming years.  


• May 2023 - Gerresheimer increased worldwide production proficiencies with brand-new state-of-the-art services in India. The company built a new modern plant to produce high-quality plastic closures and containers at the Kosamba site. The management ceremonially commissioned both innovations on the same day in April.


• January 2023 - Berlin Packaging, the world's largest hybrid packaging supplier, completed the acquisition of the Le Parfait business and brands from O-I France SAS. Le Parfait is known for its iconic jars and lids manufactured by O-I France SAS and its subsidiaries.


• October 2022 - Vitro declared a venture of around USD 70 million to build a new glass container incinerator at its Toluca, Mexico plant. The Board of Directors accepted the speculation to reimburse the rise in demand for glass containers in the segments in which they are participating. Furthermore, this new furnace has the most powerful technology for the glass production technique with excellent quality, design, and equal sophistication.

REPORT COVERAGE

The report provides detailed market analysis and focuses on key aspects such as leading companies, products, and system end-users. In addition, the report offers insights into the market trends and highlights vital industry developments. In addition to the factors above, the report encompasses several factors that have contributed to the market growth in recent years.

Report Scope & Segmentation