Glass Packaging Market

Analysis by Glass Type (Super Premium, Premium, Standard, and Others); and by Application (Food & Beverage, Personal Care, Cosmetics, Pharmaceuticals, Household Care, Agriculture, and Others) – Global Supply & Demand Analysis & Opportunity Outlook 2023-2033

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Report ID: 4645 | Published On: Nov 09, 2022
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Global Glass Packaging Market Regional Synopsis

Regionally, the global glass packaging market is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2033. The growth of the market can be ascribed to the rising population boosting the demand for alcohol, ready-to-eat meals, and soft drinks, and changing perception toward social drinking. It was observed that in 2018, the total population of Asia Pacific reached nearly 4500 million and is further estimated to rise exponentially. Therefore, such factors are anticipated to hike the growth of the market in the region during the forecast period.

global glass share market image

The global glass packaging market is further classified on the basis of region as follows:

  • North America (U.S. & Canada) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Latin America (Brazil, Mexico, Argentina, Rest of Latin America) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC (Finland, Sweden, Norway, Denmark), Ireland, Switzerland, Austria, Poland, Turkey, Russia, Rest of Europe) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Asia-Pacific (China, India, Japan, South Korea, Singapore, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia-Pacific) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa) Market size, Y-O-Y growth, Market Players Analysis & Opportunity Outlook

global glass packaging overview image
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Global Glass Packaging Market: Growth Drivers and Challenges

Growth Drivers

Growing Consumption and Export/Import Volume of Alcohol

 As of 2022, alcoholic beverage worth nearly USD 275 million was exported from India while the total import volume in India from the United States was valued at around USD 300 million.

Alcohol is consumed on a higher scale across the globe every day. For instance, approximately 70% people of the population reported having some sort of drinking disorder. Additionally, alcohol has other utilization in cosmetics, medicines, and other verticals and it is highly packed in glass bottles for distribution. Hence, such a higher utilization is estimated to push the market growth over the forecast period.

Convenient Recycling of the Glass Bottles

It was observed that approximately 40% of bottles of beer and soft drinks were recovered for recycling in 2018.

Higher Demand for Glass Packaging in Fragrance Industry

In 2018, the sales volume of perfume was estimated to be about USD 45 billion worldwide, out of which, around USD 450 million came from the women’s segment alone.

Increasing Utilization of Glass Packaging in Tea & Coffee 

For instance, approximately 300 billion liters of tea were consumed in 2021.


  • Requirement for Higher Initial Investment
  • Decline in the Supply-Chain due to COVID-19
  • Presence of Alternatives in the Market

The global glass packaging market is segmented and analyzed for demand and supply by application into food & beverage, personal care, cosmetics, pharmaceuticals, household care, agriculture, and others, out of which, the food & beverage segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the higher demand for glass packaging in the respective industry. As of 2022, the food and drink segment was valued at about USD 0.75 billion

Market Segmentation

Our in-depth analysis of the global glass packaging market includes the following segments:


           By Glass Type

  • Super Premium
  • Premium, Standard
  • Others




            By Application

  • Food & Beverage
  • Personal Care
  • Cosmetics
  • Pharmaceuticals
  • Household Care
  • Agriculture
  • Others

global glass share market image
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Top Featured Companies Dominating the Global Glass Packaging Market

    • Ardagh Group S.A.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • PGP Glass Private Limited
    • Verallia Group
    • Bormioli Luigi S.p.A.
    • VITRO Flat Glass LLC
    • Stoelzle Oberglas GmbH
    • Amcor Limited
    • Mondi plc
    • Gerresheimer AG
    • Westpack LLC


In The News

  • April 2022: IBSRELA the first and only NHE3 inhibitor for the treatment of irritable bowel syndrome with constipation (IBS-C) in adults, has been made available by the biopharmaceutical company Ardelyx. The first Ardelyx product to receive approval from the US Food and Drug Administration is IBSRELA.
  • March 2022: Indegene a provider of technology-driven healthcare solutions, & meta Me Health, a maker of Regulora and a Prescription Digital Therapeutics (PDT) business, teamed up to offer Regulora as a remedy for irritable bowel syndrome-related stomach pain (IBS).

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

Key Questions Answered in the Report

1) What are the major factors driving the growth of the glass packaging market?

Ans: Growing consumption and export/import volume of alcohol is estimated to majorly boost market growth.

2) What would be the CAGR of glass packaging market over the forecast period?

Ans: The market is anticipated to attain a CAGR of ~5% over the forecast period, i.e., 2023 – 2033.

3) What are the challenges affecting the glass packaging market growth?

Ans: A decline in the supply-chain due to COVID-19 is estimated to challenge market growth.

4) Which region will provide more business opportunities for growth of glass packaging market in future?

Ans: The market in the Asia Pacific region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

5) Who are the major players dominating the glass packaging market?

Ans: The major players in the market are PGP Glass Private Limited, Verallia Group, Bormioli Luigi S.p.A., VITRO Flat Glass LLC, Stoelzle Oberglas GmbH, Amcor Limited, Mondi plc, Gerresheimer AG, Westpack LLC, and others.

6) How are the company profiles selected?

Ans: The company profiles are selected based on the revenues generated from the product segment, the geographical presence of the company which determines the revenue-generating capacity as well as the new products being launched into the market by the company.

7) What are the segments in the glass packaging market?

Ans: The market is segmented by glass type, application, and by region.

8) Which segment captures the largest market size in application in the glass packaging market?

Ans: The food & beverage segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.

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