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Pulished Date February, 2020
ID: 8734
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Glass Packaging Market - By Product (Borosilicate, De-Alkalized Soda Lime, And Soda Lime), By Application (Alcoholic Beverages, Beer, Food & Beverages, Pharmaceuticals, Others) & By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Industry Analysis on Size, Share, Growth, Trends & Forecast | 2020 - 2025

Pulished: February, 2020
ID: 8734
Pages: 150

Glass Packaging Market Analysis Report (2020 - 2025)

The size and share of the Glass Packaging Market were estimated at USD 62.01 million in 2020 and expected to reach USD 76.16 million by 2025, growing at a rate of 4.20 % CAGR.

The packaging is described as the shape of enclosing products and making products for long-distance transportation, distribution, storage, and transportation to customers. Glass is one of the most considered packaging materials for customers who are worried about their health and the environment. It is the most chosen packaging material for beverages and foods, and personal care goods. Apart from the other features, glass packaging provides a good look at the product. This is very transparent from the product differentiation in wine and spirit labels. Glass bottles can be made with thin or thick bases and can carry carved designs to show to design-conscious customers.

Also, their looks best carry the brand and product story to the consumers. These factors are estimated to contribute to the escalated adoption of glass packaging solutions in the coming years. Glass is non-crystalline solid that is made out of natural raw materials like silica and alumina. Glass is the most generally employed packaging material in different businesses, like pharmaceutical, food, alcoholic beverage, medical, and personal care. Also, glass is water-resistant and non-porous; therefore, there is no interaction between the glass and the product packed inside it. Alcoholic beverage packaging is predicted to donate highly to the business expansion in the coming years. Glass is considered as chemically stationery as it does not react with the pharmaceuticals, alcoholic beverages, food, and personal care products. This aids in keeping the texture and quality of the goods that, in turn, permits their adoption and contributes to the call for glass goods for packaging uses.

Drivers in the Glass Packaging Market

Apart from the other features, glass packaging provides an excellent look at the product. This is very clear from the product differentiation in wine and spirit brands. Glass bottles can be made with thin or thick bases and can carry carved labels to show to design-conscious customers. Also, their looks give the brand and product story to the consumers. These factors are assumed to contribute to the escalated adoption of glass packaging solutions in the coming years. Glass is non-crystalline solid, which is made from natural raw materials like silica, limestone, and alumina. It is the most generally employed packaging material in different businesses, like pharmaceutical, food, alcoholic beverage, medical, and personal care.

In addition, glass is water-resistant and non-porous; therefore, there is no interaction between the glass and the product packed inside it. Alcoholic beverage packaging is estimated to contribute highly to the market expansion in the coming years. Glass is chemically inert; hence, it does not react with the food, pharmaceuticals, alcoholic beverages, and personal care products. This assists in maintaining the texture and quality of the products that, in turn, warrants their adoption and contributes to the call for glass products for packaging purposes.

A major change in the lifestyle and rising health consciousness among the customers are the factors driving the call for products like juices and drinks or functional drinks that indirectly increase the appeal for glass packaging. Broad application of glass packaging in pharmaceutical businesses on the basis of drug delivery without contamination and also its anti-corrosive property and high sterilization strength also makes it suitable in the medical industry. The high call for alcohol drinks that are mainly packed in glass bottles in different quantities is one of the critical factors responsible for driving the expansion of the global glass packaging market. 

Furthermore, increasing population and high consumption of food and beverages, and also different FMCG products by the customers, are driving the glass packaging market worldwide. The major characteristics of glass packaging like zero chemical leaching, malleability and the non-reactive nature continue to operate its adoption. Furthermore, the benefits of recyclability and reuse of glass packaging suits best to the notion of utilizing packaging materials which are not only pleasant but also environment friendly. Glass packaging keeps products safe and preserves their freshness for a longer time. It is one of the most preferred materials for packaging alcoholic beverages, non-alcoholic beverages, liquid-based pharmacy products, and a range of other expired and non-expired products. Escalated efforts towards encouraging the adoption of environmentally sustainable products have also assisted in reviving glass packaging.

Opportunities in the Glass Packaging Market

Rising the healthcare segment for pharmaceutical storage on account of sterility and reusability is estimated to boost market demand across the world. In addition to that, rising employment of glass packaging in the food industry due to durability is determined to provide lucrative opportunities for new market players in the future years.

Challenges in the Glass Packaging Market

Advancement of different substitutes like plastic with similar properties may pose a challenge to the growth of the global glass packaging market in the future.

REPORT COVERAGE

REPORT METRIC

DETAILS

Market Size Available

2020 – 2025

Base Year

2019

Forecast Period

2020 - 2025

CAGR

4.20%

Segments Covered

By Application, Product and Region

Various Analyses Covered

Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities

Regions Covered

North America, Europe, APAC, Latin America, Middle East & Africa

Market Leaders Profiled

Owens Illinois Inc., saint-Gobain, Ardagh, Gerresheimer, and Vetropack. Amcor, Nihon Yamamura, Tamron Co., Ltd

 

Glass Packaging Market

Glass Packaging Market segmentation as per the research report until 2025.

Glass Packaging Market - By Product

  • De-Alkalized Soda Lime
  • Borosilicate
  • Soda lime

In these sectors, soda-lime will take over more than 60% of the revenue share until the end of the foreseen period. Soda-lime is price efficient and has great chemical stability. It provides extreme hardness and good workability. It is broadly popular for packaging glass containers like jars and bottles. The borosilicate sector accounted for more than a quarter of the glass packaging industry share in 2019, showcasing revenue more than USD 10 billion. Borosilicate glass has excellent strength and offers good resistance to thermal shock. It exhibits good future trends due to uses in the pharmaceutical business.

Glass Packaging Market - By Application

  • Food & Beverages
  • Alcoholic Beverages
  • Beer
  • Pharmaceutical
  • Others

The alcoholic beverages sector will rise at a CAGR of more than 5.2% during the foreseen period. More calls for alcoholic beverages will boost the industry in future years. The pharmaceutical sector took over more than USD 4 billion in the year of 2020. The neutral feature and recyclability of glass packaging will boost its call in the pharmaceutical segment. Furthermore, financial aid from legislative bodies and supportive norms would promote the pharmaceutical sector, which is touted to boost the industry expansion in the future

 Glass Packaging Market - By Region

  • North America Glass Packaging Market Industry includes U.S, Canada.

  • Europe Glass Packaging Market Industry includes the UK, France, Spain, Germany, Italy, Russia, Sweden, Denmark, Switzerland, Netherlands, Turkey, Czech Republic, & Rest of Europe.

  • Asia Pacific Glass Packaging Market Industry includes India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore, & the Rest of APAC.

  • Latin America Glass Packaging Market Industry includes Brazil, Mexico, Argentina, Chile, & Rest of LATAM.

  • Middle East & Africa Glass Packaging Market Industry includes KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, & rest of MEA.

The Asia Pacific is predicted to be the biggest industry for glass packaging and will escalate in the future due to the escalating consumption of food and beverages and escalating the trend of consuming alcoholic drinks. The glass packaging business in the Asia Pacific region is mainly led by India and China on account of the availability of a large customer base in these nations. The expansion of the market in this region is credited to increasing call for beverages and increasing urban population. Worldwide, China is a key customer for glass packaging products in this area. Europe is assumed to develop quickly owing to technological advancements and high consumption of beer along with increasing industrialization mainly in France and Germany.

Furthermore, North America and the Middle East are deemed to develop at a constant speed due to increasing pharmaceutical industries in these areas. Furthermore, escalating disposable income, escalation in the gross domestic product, and huge population base in nations like India and China are likely to escalate customer spending on goods and commodities, hence driving the expansion of the APAC glass packaging market. Although the Western European glass packaging market has reached its maturity, the European glass packaging market continues to rise on account of the escalated call for glass packaging solutions in the economies of Eastern Europe

Glass Packaging Market key players as per the research report.

Major companies plying their trade in the Glass Packaging Market include Owens Illinois Inc., saint-Gobain, Ardagh, Gerresheimer, and Vetropack. Amcor, Nihon Yamamura, Tamron Co., Ltd., and Piramal Glass Limited dominate the worldwide Glass Packaging market. They have robust global distribution networks. These businesses also give a comprehensive variety of products in the Glass Packaging market. They embrace policies for the preservation of their business situation, such as fresh brand innovations, partnerships, and contracts.

1. Introduction                 

               1.1 Market Definition     

               1.2 Study Deliverables   

               1.3 Base Currency, Base Year and Forecast Periods

               1.4 General Study Assumptions  

2. Research Methodology            

               2.1 Introduction              

               2.2 Research Phases       

                              2.2.1 Secondary Research           

                              2.2.2 Primary Research 

                              2.2.3 Econometric Modelling      

                              2.2.4 Expert Validation  

               2.3 Analysis Design         

               2.4 Study Timeline          

3. Overview                      

               3.1 Executive Summary 

               3.2 Key Inferences          

               3.3 Epidemology             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

               4.1 Market Drivers          

               4.2 Market Restraints    

               4.3 Key Challenges          

               4.4 Current Opportunities in the Market

5. Market Segmentation              

               5.1 Product        

                              5.1.1 Introduction           

                              5.1.2 Borosilicate            

                              5.1.3 De-A;kalized Soda Lime     

                              5.1.4 Soda Lime

                              5.1.5  Y-o-Y Growth Analysis, By Product

                              5.1.6  Market Attractiveness Analysis, By Product

                              5.1.7  Market Share Analysis, By Product

               5.2 Application  

                              5.2.1 Introduction           

                              5.2.2 Alcoholic Beverages            

                              5.2.3 Beer          

                              5.2.4 Food & Beverages

                              5.2.5 Pharmaceuticals    

                              5.2.6 Y-o-Y Growth Analysis, By Application

                              5.2.7 Market Attractiveness Analysis, By Application

                              5.2.8 Market Share Analysis, By Application

6. Geographical Analysis              

               6.1 Introduction              

                              6.1.1 Regional Trends    

                              6.1.2 Impact Analysis     

                              6.1.3 Y-o-Y Growth Analysis        

                                             6.1.3.1 By Geographical Area

                                             6.1.3.2 By Product

                                             6.1.3.3 By Application

                              6.1.4  Market Attractiveness Analysis

                                             6.1.4.1 By Geographical Area

                                             6.1.4.2 By Product

                                             6.1.4.3 By Application

                              6.1.5  Market Share Analysis       

                                             6.1.5.1 By Geographical Area

                                             6.1.5.2 By Product

                                             6.1.5.3 By Application

               6.2 North America          

                              6.1.1 Introduction           

                              6.1.2 United States         

                              6.1.3 Canada     

               6.3 Europe         

                              6.2.1 Introduction           

                              6.2.2 U.K            

                              6.2.3 Spain         

                              6.2.4 Germany  

                              6.2.5 Italy           

                              6.2.6 France      

               6.4 Asia-Pacific

                              6.3.1 Introduction           

                              6.3.2 China        

                              6.3.3 India         

                              6.3.4 Japan        

                              6.3.5 Australia   

                              6.3.6 South Korea           

               6.5 Latin America            

                              6.4.1 Introduction           

                              6.4.2 Brazil         

                              6.4.3 Argentina 

                              6.4.4 Mexico     

                              6.4.5 Rest of Latin America          

               6.6 Middle East & Africa

                              6.5.1 Introduction           

                              6.5.2 Middle-East           

                              6.5.3 Africa        

7. Strategic Analysis                       

               7.1 PESTLE analysis         

                              7.1.1 Political    

                              7.1.2 Economic 

                              7.1.3 Social        

                              7.1.4 Technological        

                              7.1.5 Legal         

                              7.1.6 Environmental       

               7.2 Porter’s Five analysis              

                              7.2.1 Bargaining Power of Suppliers

                              7.2.2 Bargaining Power of Consumers

                              7.2.3 Threat of New Entrants      

                              7.2.4 Threat of Substitute Products and Services

                              7.2.5 Competitive Rivalry within the Industry

8. Market Leaders' Analysis         

               8.1 Owens Illinois Inc.    

                              8.1.1 Overview 

                              8.1.2 Product Analysis   

                              8.1.3 Financial analysis  

                              8.1.4 Recent Developments        

                              8.1.5 SWOT analysis       

                              8.1.6 Analyst View          

               8.2 Saint - Gobain           

               8.3 Ardagh         

               8.4 Gerresheimer            

               8.5 Vetropack   

               8.6 Amcor                         

               8.7 Nihon Yamamura     

               8.8 Tamron Co. Ltd.        

               8.9 Piramal Glass Limited             

9. Competitive Landscape           

               9.1 Market share analysis            

               9.2 Merger and Acquisition Analysis        

               9.3 Agreements, collaborations and Joint Ventures

               9.4 New Product Launches          

10. Market Outlook and Investment Opportunities           

Appendix                                          

               a) List of Tables 

               b) List of Figures              

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • Segment-level analysis in terms End Users market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

 

  1. Global Glass Packaging Market By Region, From 2020-2025 ( USD Million )
  2. Global Glass Packaging Market By Product, From 2020-2025 ( USD Million )
  3. Global De-Alkalized Soda Lime Market By Region, From 2020-2025 ( USD Million )
  4. Global Borosilicate  Market By Region, From 2020-2025 ( USD Million )
  5. Global Soda Lime Market By Region, From 2020-2025 ( USD Million )
  6. Global Glass Packaging Market By Application, From 2020-2025 ( USD Million )
  7. Global Alcoholic Beverages Market By Region, From 2020-2025 ( USD Million )
  8. Global Beer Market By Region, From 2020-2025 ( USD Million )
  9. Global Food & Beverages Market By Region, From 2020-2025 ( USD Million )
  10. Global Pharmaceuticals Market By Region, From 2020-2025 ( USD Million )

 

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