Market Share of Glass Bottles And Containers Industry
The glass bottles and containers market is primarily dominated by a handful of major companies, including Gerresheimer AG, Owens-Illinois (O-I), Ardagh Packaging Group PLC, and Piramal Glass Ltd. These industry leaders operate across various regions and maintain diversified product portfolios. Nevertheless, the industry faces fierce competition, as numerous other companies also manufacture similar products.
Strong and reputable brands are expected to maintain a competitive edge due to their established market presence and ability to offer advanced product offerings. Additionally, the infusion of significant capital investments raises the barriers to exit for existing players, further intensifying competition within the sector.
In September 2023, Ardagh Glass Packaging unveiled its initiative to construct an environmentally sustainable furnace at its Obernkirchen facility with the aim of reducing greenhouse gas emissions. The NextGen furnace is anticipated to commence the production of commercial glass containers by the end of 2023, boasting the capacity to manufacture up to 350 tonnes (t) of glass bottles daily.
In July 2023, the beverage industry witnessed a surge in glass packaging innovation, resulting in the introduction of the Drinktainer, a wide-mouth product designed to enhance the drinking experience. FX Matt Beverage Co. and O-I Glass collaborated to bring this innovation to market. The Drinktainer represents the successful outcome of a new partnership between the two companies.
Glass Bottle and Container Market Leaders
O-I Glass, Inc.
Vidrala SA
Ardagh Group S.A.
Verallia Packaging
Wiegand-Glas GmbH
*Disclaimer: Major Players sorted in no particular order
