Global Glass Bottles Market Expected to Reach US$ 70.2 Billion by 2033, Reports Future Market Insights

Future Market Insights (FMI) has released a comprehensive report on the global glass bottles market, projecting a significant increase from US$ 40.2 billion in 2023 to US$ 70.2 billion by 2033, at a Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033.

Rising Awareness Towards Health and Personal Care Drives Market Demand:

The glass bottle packaging market is witnessing substantial growth driven by rising awareness towards health and personal care. Glass bottles offer a safer packaging option, ensuring no chemical mixing into the product and preserving the taste of food or beverage. With an increasing focus on healthier lifestyles, consumers are making sustainable choices, leading to a surge in demand for glass bottle packaging in the food, beverage, pharmaceutical, and perfumes & fragrance industries.

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Expanding Opportunities Across Industries

The growing trend towards wellness and health care is expected to stimulate further adoption of glass bottles. The perfumes and fragrances industry is also contributing to this growth, with glass bottles being the preferred packaging for premium products.

Environmental Benefits Attract Attention

• Glass Recycling on the Rise: The environmental benefits of glass are gaining recognition. Glass recycling conserves raw materials, lowers the carbon footprint, and reduces air and water pollution. This eco-friendly aspect is propelling demand for glass packaging.
• Shifting Consumer Preferences: Consumers are increasingly seeking sustainable packaging options. This trend is significantly boosting the growth rate of the glass bottles market.

Key Growth Factors:

1. Increased Sales of Packaged Food Online: The tremendous increase in sales of packaged food over online platforms is boosting demand for glass bottle packaging.
2. Emerging Popularity of Glass Containers for Flavored Drinks: Glass containers are gaining popularity for flavored drinks due to their inertness and luxury appearance.
3. Market Trends: Restrictions on pollution have forced manufacturers to change their business strategies, favoring the adoption of sustainable packaging options like glass bottles.

Market Trends Shaping the Landscape

• Regulation and Innovation: Stricter regulations on pollution are forcing manufacturers to adopt sustainable practices, further accelerating the shift towards glass packaging.
• Beverage Consumption on the Rise: The increasing consumption of bottled beverages, particularly alcoholic beverages, is a key driver of the glass packaging market.

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Key Takeaways

• The U.S. is expected to lead the global market as it holds 84% market shares in North America. Consumers in this country prefer and consume glass bottles for alcoholic beverages. The ban on single use plastic is also another factor boosting demand in the market.
• Germany holds 25% of the Europe market as it has some of the oldest and largest pharmaceutical companies in the world. The usage of glass bottles in Germany is majorly driven by pharmaceutical application.
• India holds 39% market shares in South-Asia as this country is the second largest consumer and producer of glass bottles in the region.
• Type I grade glass bottles hold 51% of the market and are expected to register high demand due to extensive application in pharmaceutical industry.
• Glass bottles with capacity of 501-1000ml hold 36% market share as they are primarily used for storing and transporting water, fruit juices, and milk.

Key Drivers

• Rising trend for sustainable, bio-degradable materials in packaging industry is expected to boost demand for glass bottles in the market.
• Glass bottles are becoming the ideal packaging material for food and beverage application therefore boosting its demand in the F&B industry.

Key players:

• Owen Illinois, Inc.
• Ardagh Group, SA
• Vitro, S. A. B. de C. V.
• Vidrala, S.A
• BA Glass B.V.
• AGI Glasspack Limited.
• Frigoglass Jebel Ali FZCO
• Consol Glass (Pty) Ltd.
• Toyo Glass Co., Ltd.
• Gerresheimer AG
• Vetropack Holding AG
• Borosil Glass Works Ltd.
• Carib Glassworks Limited (CGL)
• Piramal Glass Private Limited
• Albéa S.A.
• Verallia SA
• Stölzle-Oberglas GmbH
• Gallo Glass Company
• Allied Glass Containers Ltd
• SGA S.A.

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Glass Bottles Industry by Category: 

By Grade:

• Type I
• Type II
• Type III

By Manufacturing Process:

• Blown
• Tubing

By Capacity:

• Up to 50 ml
• 51 – 200 ml
• 201 – 500 ml
• 501 – 1000 ml
• 1001 ml & Above

By End User:

• Food
• Beverages
• Pharmaceuticals
• Personal Care & Cosmetics
• Perfume & Fragrances
• Chemicals
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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