Global Glass Bottles Market Report and Forecast 2023-2028

Global Glass Bottles Market Report and Forecast 2023-2028

Market Outlook

According to the report by Expert Market Research (EMR), the global glass bottles market reached a value of approximately USD 38.6 billion in 2022. Aided by the rising demand for sustainable packaging solutions and the growing usage of glass bottles in diverse sectors, the market is projected to further grow at a CAGR of 5.92% between 2023 and 2028 to reach a value of USD 54.71 billion by 2028.

Glass bottles, acclaimed for their recyclability and non-toxicity, are predominantly used in the packaging industry for products like beverages, food items, pharmaceuticals, and cosmetics. They offer a unique set of attributes, including chemical stability, impermeability, and sterility, which lends to their wide acceptance. In addition to their functional benefits, glass bottles enhance the aesthetic appeal of the product, thereby contributing to branding and marketing efforts.

The escalating consumer inclination towards sustainable and eco-friendly packaging is driving the global glass bottles market growth. With increasing awareness about the detrimental impact of plastic pollution and the benefits of recyclability, there is a considerable shift towards using glass bottles. Moreover, the burgeoning health-conscious consumer base is opting for glass packaging due to its chemical stability and inertness, which prevents harmful substances from leaching into the product, further fuelling the demand for glass bottles.

The multifaceted applications of glass bottles across numerous industries is another significant driver for the glass bottles market expansion. The beverage industry extensively uses glass bottles due to their excellent preservation properties, which maintain the taste and quality of the product. The pharmaceutical industry prefers glass packaging for its sterility and chemical resistance, essential for storing sensitive drugs and vaccines. Simultaneously, the cosmetics and personal care industry exploits the aesthetic appeal of glass bottles to convey a sense of luxury and premium quality.

Furthermore, the rising demand for innovative and unique packaging in the food and beverage industry is prompting greater exploration of glass bottle design possibilities, thus increasing the glass bottles market demand. With an upsurge in craft breweries and artisanal food products, there's a corresponding rise in the need for distinctive packaging that resonates with the product's ethos. Glass bottles, with their versatility in shape, colour, and size, present a valuable solution, thereby propelling the market expansion.

Government regulations favouring environmentally friendly packaging solutions are also stimulating the glass bottles market growth. Stricter rules against single-use plastics, combined with incentives for recyclable packaging, are nudging industries towards adopting glass bottles. The trend is particularly noticeable in regions with robust regulatory frameworks for environmental protection, such as Europe and North America.

Market Segmentation

The market can be divided based on capacity, manufacturing process, beverages, application, filament type, and region.

Market Breakup by Capacity

• Up to 50 ml
• 51 - 200 ml
• 201 - 500 ml
• 500 ml and Above

Market Breakup by Manufacturing Process

• Blown
• Tubing

Market Breakup by Beverages

• Alcoholic
• Non-Alcoholic

Market Breakup by Application

• Beverage
• Food
• Cosmetics
• Pharmaceutical
• Others

Market Breakup by Filament Type

• Moulded
• Tubular

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global glass bottles companies. Some of the major key players explored in the report by Expert Market Research are as follows:

• Ardagh Group
• Toyo Seikan
• O-I Glass
• AptarGroup
• Vitro SAB
• Gerresheimer
• Heinz Glas
• Koa Glass
• Nihon Yamamura
• Owens-Illinois
• Others

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*We at Expert Market Research always strive to provide you with the latest information. The numbers in the article are only indicative and may be different from the actual report.