Global Container Glass Market Size, Forecasts, And Opportunities – Includes Container Glass Market Demand
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The global container glass market is expected to grow from $60.10 billion in 2021 to $63.36 billion in 2022 at a compound annual growth rate (CAGR) of 5.44%. The global container glass market size is expected to grow to $78.37 billion in 2026 at a compound annual growth rate (CAGR) of 5.46%.
The increasing demand for fast-moving consumer goods (FMCG) and alcoholic beverages is expected to propel the growth of the container glass market.
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The container glass consists of sales of container glass by entities (organizations, partnerships, and sole proprietors) that is used for the storage of liquids, food and other. It is a type of glass used for the production of glass containers including bottles, jars, drinkware, and bowls. It includes glass bottles, jars, or other glass packaging containers used to contain/store a product. It contains properties like recycling, reuse, and neutral reacting nature, helping in preserving food and beverages for a long duration and avoiding contamination.
Global Container Glass Market Segments Include:
By Glass Type: Borosilicate-Based, Soda-Lime-Silica-Based
By Forming Method: Blow and Blow, Press and Blow, Narrow Neck Press and Blow
By End User: Food and Beverages, Cosmetics and Personal Care, Pharmaceuticals, Chemical, Others
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Asia Pacific is the largest region in the global container glass market in 2021.
Product innovation is a key trend gaining popularity in the container glass market. Innovations such as safety-coated and antibacterial food storage glass containers are taking place in the market to provide a sustainable and safe alternative to ordinary glass containers. Safety coated glass containers with plastic coating are great for handling flammable liquids as they are easier to hold and less likely to break. Antibacterial food storage glass containers use a nanotechnology-based anti-microbial compound called Germ Guard, which prevents and eliminates the formation of dangerous bacteria, fungi, and molds. Key players are innovating these containers to offer unique benefits and strengthen their market position.
TBRC’s Container Glass Market Report Covers:
Major Market Players: Ardagh Group SA, Amcor Plc, Consol Glass (Pty) Ltd, Owens-Illinois Inc, Saverglass Group, Hindusthan National Glass & Industries Limited, Vidrala SA, Gerresheimar AG, Borosil, Schott AG, Stevanato Group, Piramal Glass Private Limited, Corning Incorporated, Unitrade FZE and Verallia Group.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2016-21) and ten years forecast (2022-2026-2031)
The Container Glass Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides container glass market overviews, analyzes and forecasts market size, share, container glass market players, container glass market segments and geographies, leading competitor revenues, profiles and market shares.
TBRC’s container glass market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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