Container Glass Market Overview: Market Size, Major Drivers And Trends
The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033
The container glass market has witnessed robust growth in recent years, driven by factors such as increasing demand for glass packaging, expansion of the pharmaceutical industry, and stringent regulations promoting sustainable packaging. With the market size projected to reach $42.79 billion in 2024 and further to $53.34 billion by 2028, the industry is poised for significant expansion.
Increased Demand For Fast-Moving Consumer Goods And Alcoholic Beverages Drives Growth In The Container Glass Market
- The surge in demand for fast-moving consumer goods (FMCG) and alcoholic beverages fuels the growth of the container glass market.
- Container glass serves as an effective and safer packaging option for FMCG and alcoholic beverages, offering protection against physical damage and loss of nutritional value.
- Rising FMCG sales in countries like India underscore the growing demand for container glass in packaging applications, signaling market growth.
Read The Full Container Glass Market Report Here:
Innovative Products Embrace Container Glass Market Growth
- Product innovation emerges as a key trend in the container glass market, with a focus on safety-coated and antibacterial glass containers.
- Innovations like safety-coated glass containers with plastic coatings enhance safety and usability, particularly for handling flammable liquids.
- Antibacterial food storage glass containers, incorporating nanotechnology-based compounds, ensure hygiene and safety, driving consumer preference for sustainable packaging solutions.
Ardagh Group Expands Global Reach With Acquisition Of Consol Holdings Proprietary Limited
- Ardagh Group’s acquisition of Consol Holdings Proprietary Limited for $1 billion marks a strategic move to expand its global footprint.
- With this acquisition, Ardagh Group strengthens its position as a leading producer of glass packaging, operating across 65 production facilities in 16 countries.
- Consol Holdings Proprietary Limited, based in South Africa, adds significant value to Ardagh Group’s portfolio, enhancing its capabilities in glass packaging solutions.
Market Segmentation and Regional Insights
The container glass market segmentation includes:
- 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, and Other End-Users
Regional Insights: Asia-Pacific Leads the Way
- Asia-Pacific emerges as the largest region in the container glass market, driven by factors such as rapid industrialization and urbanization.
- The region’s expanding food and beverage industry and increasing emphasis on sustainable packaging solutions contribute to market dominance.
Get A Free Sample On The Global Container Glass Market Report:
The Container Glass Global Market Report 2024 provides an overview of the container glass market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The container glass market forecast analyzes container glass market size, container glass market share, leading competitor and their market positions.
The Table Of Content For The Container Glass Market Include:
1. Container Glass Market Executive Summary
2. Container Glass Market Segments
3. Container Glass Market Size And Container Glass Market Growth Rate
4. Key Container Glass Market Trends
5. Major Container Glass Market Drivers
25. Key Mergers And Acquisitions In The Container Glass Market
26. Top Container Glass Companies
27. Container Glass Market Opportunities And Strategies
28. Container Glass Market, Conclusions And Recommendations
Explore Similar Reports From The Business Research Company
Glass Manufacturing Global Market Report 2024
Metal And Mineral Global Market Report 2024
Industrial Gases-Glass Industry Global Market Report 2024
Learn More About The Business Research Company
The Business Research Company has published over 6500+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.
Follow us on:
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: