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Container Glass Market Analysis

The Glass Bottles And Containers Market size in terms of shipment volume is expected to grow from 95.32 Million tonnes in 2024 to 112.61 Million tonnes by 2029, at a CAGR of 3.39% during the forecast period (2024-2029).

• Growing consumer demand for safer and healthier packaging is fueling the expansion of glass packaging across diverse categories. Cutting-edge technologies, including embossing, shaping, and artistic finishes, are boosting the allure of glass packaging for end users. Furthermore, the rising appetite for eco-friendly products, combined with a thriving food and beverage sector, is driving the container glass market's growth.
• Recently, a significant movement towards transparency in food packaging has emerged. Glass bottles and transparent containers, celebrated for their timeless elegance, resonate strongly with consumers. In light of this trend, companies globally are increasing their production capacities. For example, in February 2024, Arglass, a manufacturer of glass containers, secured over USD 230 million in funding to set up a second furnace at its Georgia campus in the U.S. This facility, slated to commence operations in Q2 2025, is projected to churn out over 350 million sustainable glass containers each year.
• Prominent players in the glass packaging sector encompass Owens-Illinois, Veralia, Ardagh Glass, Vidrala, BA Vidro, and Gerresheimer, among others. These leading manufacturers hold a significant stake in the global market, thanks to their vast production capacities spread across the globe. As a case in point, Ardagh Group, a key global player in sustainable and infinitely recyclable glass packaging, boasts 61 production facilities in 16 countries and is actively broadening its presence in the glass packaging landscape.
• Yet, glass packaging isn't without its hurdles. The inherent fragility of glass bottles and containers demands careful handling throughout operations and logistics. This delicacy complicates transportation, requiring specialized care. Shipping firms are compelled to adopt specific packaging and shipping techniques to guarantee the safe delivery of glass items. Additionally, the carbon footprint linked to glass manufacturing presents another hurdle to the market's expansion.
• Nonetheless, a surge in awareness regarding sustainable packaging, especially in the wake of the pandemic, hints at significant growth prospects in this sector. Emphasizing this momentum, Verallia, the globe's third-largest producer of glass packaging for food and beverages, rolled out an ambitious strategy in May 2024 to curtail CO2 emissions. The firm is eyeing a 46% cut in direct CO2 emissions by 2030 (compared to 2019 benchmarks) and is setting its sights on achieving carbon neutrality by 2050.

Container Glass Industry Segmentation

Glass containers market tracks the demand of glass packaging containers and bottles across the end-users industries including beverage, food, pharmaceutical, cosmetics and others. Glass containers are majorly used in the alcoholic and non-alcoholic beverage industry due to their ability to maintain chemical inertness and sterility and non-permeability.

The Container Glass market is segmented by end-user vertical (beverages [alcoholic (beer and cider, wine & spirits, and other alcoholic beverages] and non-alcoholic [carbonated soft drinks, milk, and water and other non-alcoholic beverages]), food, cosmetics, pharmaceutical, and other end-user verticals) and by geography (North America [United States and Canada], Europe [France, Germany, Italy, United Kingdom, Spain, Poland, Russia, Nordic and Rest of Europe], Asia-Pacific [China, India, Japan, Thailand, New Zealand and Australia, South Korea, Indonesia, Vietnam, and Rest of Asia -Pacific], Middle East and Africa [United Arab Emirates, Saudi Arabia, Egypt, Kuwait, South Africa, Nigeria, Morocco, and Rest of Middle East and Africa] and Latin America [Brazil, Mexico, Colombia, Chile, Argentina, and Rest of Latin America]). The market sizes and forecasts are provided in terms of consumption volume (tonnes) for all the above segments.