Global Glass Bottles and Containers Market Size study & Forecast, By End-user Vertical (Beverage, Food, Cosmetics, Pharmaceutical), and Regional Analysis, 2022-2029

Global Glass Bottles and Containers Market Size study & Forecast, By End-user Vertical (Beverage, Food, Cosmetics, Pharmaceutical), and Regional Analysis, 2022-2029

Global Glass Bottles and Containers Market is valued at approximately USD XXX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XXX% over the forecast period 2022-2029. Glass Bottles and Containers are the types of containers that are typically made of glass and other glass-based products. The Glass Bottles and Containers market is expanding because of factors such as Increasing beer production and consumption and rising milk production and consumption, globally. The market is anticipated to grow soon, owing to Rising healthy and sustainable lifestyles and sustainability & Recyclability Initiatives in moving Packagers and Consumer Brands towards Glass Packaging.

To boost brand awareness and sales many dairies have started to package milk in glass containers. For instance, after switching from plastic milk containers to glass containers, the popularity of Scotland's Mossgiel Farm, a cattle farm, impressively increased, virtually tripling its milk sales. According to the US Department of Agriculture, cow milk production went to 544.07 million Metric Tons, in the year 2021 and 539 million Metric Tons, in the year 2020 from 527 million Metric Tons, in the year 2019 and 522 million Metric Tons, in the year 2018. However, High Carbon Footprint due to Glass Manufacturing and operation and Logistical Concerns may halt market growth.

The key regions considered for the Global Glass Bottles and Containers Market study includes Asia Pacific, North America, Europe, Latin America, and the Rest of the World. The Asia Pacific dominated the market in terms of revenue, owing to rising beer production. According to Statista.

Over and above the Beer production in China went from 34.11 billion Liters, in the year 2020 to 35.6 billion liters, in the year 2021. Whereas North America is expected to grow with the highest CAGR during the forecast period, owing to a Rising healthy and sustainable lifestyle.

Major market players included in this report are:
Vitro SAB de CV
Owens-Illinois, Inc.
Vidrala SA
Ardagh Packaging Group PLC
Wiegand-Glashüttenwerke GmbH
Verallia Packaging SAS (Horizon Holdings II SAS)
Vetropack Group
Stolzle Glass Group (CAG Holding GmbH
Gaasch Packaging (UK) Ltd.
Beatson Clark Limited

Recent Developments in the Market:
 The reconstruction and extension of Stoelzle Oberglas' flint furnace, a EUR 22 million investment aimed at increasing the manufacturing site's effectiveness and sustainability in terms of energy efficiency and CO2 emissions, was completed in February 2022. Around 270 tonnes of molten glass per day are expected to be generated by the new flint furnace. The most recent glass-melting technique will result in an estimated 13% decrease in energy consumption per ton of glass.
 Owens-Illinois, in October 2021 invested USD 178.8 million in two new plants in Brazil. The investment, will be made between 2022 and 2024. This is a part of a USD 680 million package from the largest shipping glassmaker in the world. Its objectives are to boost production in regions with limited supply and introduce a technique that will change the glass production process.

Global Glass Bottles and Containers Market Report Scope:
Historical Data 2019-2020-2021
Base Year for Estimation 2021
Forecast period 2022-2029
Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered End-User Vertical and Region
Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

The objective of the study is to define the market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study.

The report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:
By End-User Vertical:
Beverage
Food
Cosmetics
Pharmaceutical

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Companies Mentioned

Vitro SAB de CV
Owens-Illinois, Inc.
Vidrala SA
Ardagh Packaging Group PLC
Wiegand-Glashüttenwerke GmbH
Verallia Packaging SAS (Horizon Holdings II SAS)
Vetropack Group
Stolzle Glass Group (CAG Holding GmbH
Gaasch Packaging (UK) Ltd.
Beatson Clark Limited

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