According to FMI Research, the global glass bottle market is expected to reach USD 40.2 billion in 2023. Driven by the increasing sales of prepared and packaged foods on e-commerce platforms, the glass bottle market size is projected to reach USD 70.2 billion by 2033, registering a CAGR of 5.7% from 2023 to 2033.
Various types of alcoholic beverages such as beer are believed to be the major factor that has been driving the global glass bottle market since its commercialization. Moreover, the demand for glass bottles for online delivery is skyrocketing day by day as they do not react with most of the chemicals present in food.
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To capitalize on the new trend of using transparent packaging for food products, many companies, especially dairy manufacturers, have increased the demand for transparent glass containers. However, the tough competition from many alternative packaging materials such as plastic and aluminum has hindered the market growth. However, strict regulations on the management of plastic products and the rising cost of aluminum are expected to cause the market to recover in the coming days.
Key Takeaways from the Glass Bottle Market
- The United States is the leading market, accounting for approximately 30% of the revenue generated from the sale of glass bottles in the international market. By the end of the forecast period, this regional market is expected to reach a net worth of $12.5 billion.
- China holds the second position in the glass bottle market in this region. According to the report, China accounts for about 10% of the global market, which is projected to reach USD 4.7 billion by 2033.
- In Europe, the UK glass bottle market is the leading region and is projected to reach a valuation of USD 42.6 billion by the end of the forecast period.
- Among the various grades of glass bottles, Type I is the top-selling segment. Meanwhile, the Type III glass bottle segment is rapidly gaining popularity and is expected to grow at a rate of 5.4% over the next decade.
- According to the industry research report, tube making process is the leading segment in glass bottle production and is expected to maintain its top position, registering a CAGR of 4.2% during the forecast period.
Competitive Environment
Many glass bottle manufacturers are contributing to this moderately fragmented glass bottle market through strategic mergers and acquisitions. The major players in the market are increasingly focusing on product development efforts in addition to strategic mergers and acquisitions to enhance their production capacity and geographical expansion requirements.
As evidenced by recent reports, major glass bottle manufacturers are increasingly adopting sustainable practices, such as the Loop reusable or returnable packaging platform, launched in Canada in February 2021 in collaboration with Loblaw Inc, which delivers a range of food and household products with zero waste.
Key players:
- Owen Illinois Company
- Alder Group, S.A.
- Vitro, SAB de CV
- Vidrala, S.A.
- BA Glass BV
- AGI GLASSPAC LIMITED.
- Frigo Glass Jebel Ali FZCO
- Consolglass (Pty) Ltd.
- Toyo Glass Co., Ltd.
- Gerresheimer AG
- Vetropac Holding AG
- Borosil Glass Works Co., Ltd.
- Caribbean Glassworks Limited (CGL)
- Piramal Glass Co., Ltd.
- Alvear SA
- Veraria SA
- Stoelzle-Oberglas GmbH
- Gallo Glass Company
- Allied Glass Containers Co., Ltd.
- SGA SA
Glass Bottle Market by Category
Grades:
- Type I
- Type II
- Type III
製造工程別：
- Blown away
- tube
By capacity:
- Max 50ml
- 51 – 200ml
- 201 – 500ml
- 501 – 1000ml
- 1001ml or more
By end user:
- food
- 飲料
- Pharmaceuticals
- Personal Care & Cosmetics
- Perfumes and Fragrances
- Chemicals
- others
By region:
- North America
- latin america
- Europe
- East Asia
- South Asia
- Oceania
- Middle East and Africa (MEA)