Glass Packaging Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Glass Packaging Market is Segmented by End-user Industry (Food, Beverage, Personal Care, Healthcare, Household Care), and Geography.

Market Snapshot

Glass Packaging Market Overview
Study Period: 2019- 2026
Base Year: 2020
Fastest Growing Market: Europe
Largest Market: Asia Pacific
CAGR: 4.39 %

Need a report that reflects how COVID-19 has impacted this market and its growth?

Market Overview

The global glass packaging market was estimated at USD 56.64 billion in 2020, and it is expected to register a CAGR of 4.39%, to reach USD 73.29 billion by 2026. Glass packaging is considered as one of the most trusted forms of packaging for health, taste, and environmental safety. Glass packaging, which is considered premium, maintains the freshness and safety of the product. This can ensure its continuous usage, worldwide, across a range of end-user industries, despite the heavy competition from plastic packaging.

  • Rising consumer demand for safe and healthier packaging is helping glass packaging grow in different categories. Also, innovative technologies for embossing, shaping and adding artistic finishes to glass are making glass packaging more desirable among end-users. Furthermore, factors such as the increasing demand for eco-friendly products, and the rising demand from the food and beverage market are stimulating the growth of the market.
  • Also, the recyclable nature of glass makes it environmentally the most desired packaging type. The lightweight glass has been the significant innovation in recent times, offering the same resistance as the older glass materials and higher stability, reducing the volume of raw materials used and CO2 emitted.
  • From a regional point of view, emerging markets, like India and China, are witnessing high demand for beer, soft drinks, and ciders, due to the increasing per capita spending of the consumers and changing lifestyles. However, the increasing operational costs and growing usage of substitute products, such as plastics and tin, are restraining the market growth.
  • One of the main challenges for the market is the increased competition from alternative forms of packaging, such as aluminum cans and plastic containers. As these items are lighter in weight than the bulky glass, they are gaining popularity among both manufacturers and customers because of the lower cost involved in their carriage and transportation.
  • Glass packaging was considered an essential industry by most countries during the COVID-19 pandemic. The industry is witnessing increased demand from the food & beverage and pharmaceutical sectors. There has been increased demand for glass packaging from F&B sector as well as the pharmaceutical sector as the COVID-19 pandemic has led to greater demand for medicine bottles, food jars and beverage bottles.

Scope of the Report

Glass is one of the most preferred packaging materials for consumers who are concerned about their health and the environment. It is made from all-natural sustainable raw materials. Glass packaging preserves the product's taste or flavor and maintains the integrity or healthiness of food and beverages. Glass is considered “GRAS” or “generally recognized as safe” by the US Food and Drug Administration. It’s also 100% recyclable and can be reused endlessly with no loss in quality or purity.

By End-user Industry
Food
Beverage
Personal care
Healthcare
Household care
Other End-users (Agricultural, etc.)
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia-Pacific
Japan
China
India
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
Saudi Arabia
United Arab Emirates
South Africa
Rest of Middle East & Africa

Report scope can be customized per your requirements. Click here.

Key Market Trends

Beverage Industry to Hold the Highest Market Share

  • The market for glass packaging, in the alcoholic beverage industry, is facing intense competition from the metal packaging segment, in the form of cans. However, it is expected to maintain its share during the forecast period, due to its usage in premium products. The growth is expected to be witnessed across different beverage products, like juices, coffee, tea, soups, non-dairy beverages, and others.
  • Among alcoholic beverages, beer witnessed tremendous growth in the past few years. The majority of beer volume is sold in glass bottles and is driving the need for increased production rates in the glass packaging industry. The increasing demand for premium variants in alcoholic drinks is driving the growth of glass bottles. Developing nations, like India, are also showing a much higher quality perception for beer.
  • Returnable glass bottles are a cost-effective option for companies to deliver their products. This form of packaging is largely used in the non-alcoholic beverage industry. Currently, about 70% of the bottles used for natural mineral water are made of plastic. The choice for bottled-water packaging material is increasing, taking into account, environmental considerations.
  • Beverage companies, such as Coke and PepsiCo, are trying to avoid plastic packaging. For instance, PepsiCo is looking to prevent the use of 67 billion plastic bottles through 2025, and the alternate for that is expected to be glass bottles.
  • The global dairy industry has been witnessing a shift from plastic to glass bottles. Driven by consumer demand for environmentally friendly milk.Diary companies such as Milk & More, and Parker Dairies have found a substantial increase in the demand for glass bottles as consumers are willing to pay a little extra for the service rather than the plastic, in their efforts to help the environment.
DB chart1.png

European Market to Grow Significantly

  • Consumers in the United Kingdom have higher awareness related to the health and environmental benefits of glass bottles and are willing to pay higher costs for these benefits. Manufacturers are also realizing these trends and increasingly addressing them in their choice of packaging.
  • The UK glass industry has the knowledge and expertise to be globally competitive. High-volume glass manufacturing contributes around GBP 1.3 billion to the UK economy each year. The United Kingdom also acts as the central hub of the European economy, when it comes to exports. According to the Environment, Food, and Rural Affairs, the food and drink exports exceeded GBP 22 billion in 2017, up from GBP 20.2 billion in 2016.
  • Lightweight glass has been the major innovation in recent times, offering the same resistance as the older glass materials and higher stability, while reducing the volume of the raw materials used. Also, alcoholic drinks are expected to lead the way for the glass packaging market, owing to the decent sales of beer and whiskey in the United Kingdom, with an increasing demand for premium variants.
  • The players in the market are going under strategic partnerships and acquisitions. For instance, In December 2020, Berlin Packaging announced the acquisition with a glass packaging supplier, New pack, for expanding its offering to the wine market. The company’s distribution network extends across Northern Italy, including the Liguria, Piedmont, and Veneto regions. The acquisition of New pack allows Berlin Packaging to increase its offering in the Europe market.
Glass Packaging Market Growth Rate By Region

Competitive Landscape

The global glass packaging market is highly competitive due to the strong presence of major players worldwide. The competition is also intense due to the presence of substitutes, as many companies in the industry are trying to innovate consistently to retain the market share.

  • November 2020: Encirc, a subsidiary of Vidrala SA, lit its new industrial furnace at its glass packaging manufacturing plant in Elton, Cheshire, which can process up to 900 tonnes of container glass per day, which is the largest in the world.
  • October 2020: Owens-Illinois Inc. with Krones AG registered a strategic collaboration to increase innovations in the glass packaging segment aiming to improve glass filling, packaging speed line, and efficiency with enhanced agility, flexibility by introducing sustainable glass systems and digital solutions such as direct to glass printing technology.
  • February 2020: Piramal Glass Ltd (PGL) invested INR 3 billion (USD 42 million) for a greenfield project in Jambusar, Gujarat, India. The expansion includes 1 new furnace with 7 new manufacturing lines across a 300,000 sq. ft. plant, catering to high-end specialty spirits, food and beverage, and pharmaceutical markets for exports to Asia, Europe, and the United States.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Key Deliverables of the Study

    2. 1.2 Study Assumptions

    3. 1.3 Market Definition

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Overview

    2. 4.2 Market Drivers

      1. 4.2.1 Increasing Demand for Eco-friendly Products

      2. 4.2.2 Rising Demand from the Food and Beverage Market

    3. 4.3 Market Restraints

      1. 4.3.1 Rising Operational Costs

      2. 4.3.2 Growing Usage of Substitute Products (Plastic)

    4. 4.4 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.4.1 Threat of New Entrants

      2. 4.4.2 Bargaining Power of Buyers/Consumers

      3. 4.4.3 Bargaining Power of Suppliers

      4. 4.4.4 Threat of Substitute Products

      5. 4.4.5 Intensity of Competitive Rivalry

    5. 4.5 Industry Policies

  5. 5. TECHNOLOGY SNAPSHOT

  6. 6. MARKET SEGMENTATION

    1. 6.1 By End-user Industry

      1. 6.1.1 Food

      2. 6.1.2 Beverage

      3. 6.1.3 Personal care

      4. 6.1.4 Healthcare

      5. 6.1.5 Household care

      6. 6.1.6 Other End-users (Agricultural, etc.)

    2. 6.2 Geography

      1. 6.2.1 North America

        1. 6.2.1.1 United States

        2. 6.2.1.2 Canada

      2. 6.2.2 Europe

        1. 6.2.2.1 United Kingdom

        2. 6.2.2.2 Germany

        3. 6.2.2.3 France

        4. 6.2.2.4 Rest of Europe

      3. 6.2.3 Asia-Pacific

        1. 6.2.3.1 Japan

        2. 6.2.3.2 China

        3. 6.2.3.3 India

        4. 6.2.3.4 Rest of Asia-Pacific

      4. 6.2.4 Latin America

        1. 6.2.4.1 Brazil

        2. 6.2.4.2 Mexico

        3. 6.2.4.3 Rest of Latin America

      5. 6.2.5 Middle East & Africa

        1. 6.2.5.1 Saudi Arabia

        2. 6.2.5.2 United Arab Emirates

        3. 6.2.5.3 South Africa

        4. 6.2.5.4 Rest of Middle East & Africa

  7. 7. COMPETITIVE LANDSCAPE

    1. 7.1 Company Profiles

      1. 7.1.1 Piramal Glass Private Limited

      2. 7.1.2 Owens Illinois Inc.

      3. 7.1.3 Amcor Plc.

      4. 7.1.4 WestPack LLC

      5. 7.1.5 Sonoco Products Company

      6. 7.1.6 Uhlmann Group

      7. 7.1.7 Gerresheimer AG

      8. 7.1.8 Hindustan National Glass & Industries Ltd.

      9. 7.1.9 Ardagh Group

      10. 7.1.10 HEINZ-GLAS GmbH & Co. KGaA

    2. *List Not Exhaustive
  8. 8. INVESTMENT ANALYSIS

  9. 9. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability

You can also purchase parts of this report. Do you want to check out a section wise price list?

Frequently Asked Questions

The Glass Packaging Market market is studied from 2019 - 2026.

The Glass Packaging Market is growing at a CAGR of 4.39% over the next 5 years.

Europe is growing at the highest CAGR over 2021- 2026.

Asia Pacific holds highest share in 2020.

Piramal Glass Private Limited, Owens-Illinois Inc., Amcor Plc, Berry Global Inc., Westpack LLC are the major companies operating in Glass Packaging Market.

80% of our clients seek made-to-order reports. How do you want us to tailor yours?

Please enter a valid email id!

Please enter a valid message!