The Global Container Glass Market was valued at US$ 82.32 billion in 2020 and is predictable to reach US$ 166.82 billion by 2030; growing at a CAGR of 7.3 % during the forecast period 2021 - 2030.
Container Glass is referred as bottles or jars made from silica, limestone, and soda ash which are transparent or translucent in nature and can be used for bottling or packaging numerous materials. Container glass has various advantages such as chemical durability, high melting temperature, thermal shock resistance, hygienic, eco-friendly optical properties, recyclability, and lower cost.
Increasing demand from FMCG and the food & beverages industry vertical has driven the market for the container glass market. FMCG products such as cheese, jam, spices, honey, oil, among others are packed in different types of container jars made from glass. Further, rising hygiene and living standards among consumers across the globe have increased the consumption of glass containers. Container glass is used for storing food and beverages owing to its reusable, lesser carbon footprint, and recyclable nature. Choking seabed and overfilled landfills from plastic is the prime environmental concern and has created a shift to adopt container glass for several applications.
Container galls remain intact in shape, size, color, and non-reactive in nature to store contents inside it. It extends the shelf life of the stored products by keeping the stored products safer for a longer time duration. Availability of different shapes, sizes, designs, and printing have attracted the consumer to adopt the purchase of container glass which has given a positive response for the market growth of container glass during the forecast period. However, the higher risk of breakage and increased transportation cost of products packed in the container glass needs gentle care which is considered as a restrain in the market growth. Additionally, the manufacture of container glass involves interaction with harmful air-polluting compounds such as nitrogen oxides, sulfur dioxide among others, and exposure to such gases causes asthma, mucus secretion, bronchitis, and lungs cancer. Such factors also hamper the rise of the container glass market during the forecast period. However, with the advancement of technology the heavier container glass has been replaced by the lightweight container glass thus saving the amount of raw material used, and reduction in transportation charges thus accelerating the demand by the consumers across the globe. Such aspects is anticipated for newer prospects for the global container glass market.
The Global Container Glass Market is segmented by glass type, forming method, container type, end-use, and region. Based on glass type, it is categorized into borosilicate based and soda-lime-silica based. Forming method is bifurcated into press & blow, narrow neck press & blow, and blow & blow. By container type, it bifurcates into bottles, vials & ampoules, decorative containers, jars, tablesware, and others. Bottles type further bifurcates into French square bottle, boston round bottle, sauce/syrup bottle, and others. The jar is further bifurcated into hexagonal jar, mason jar, straight-sided jar, and others. Further, vials & ampoules are classified into pharma grade and food grade. By end-use, it is categorized into beverage packaging, cosmetic & perfumery, food packaging, pharmaceuticals, and others. Based on regional insights, the global container glass market is categorized into North America (US, Canada, Mexico, Rest of America), Asia Pacific (India, China, Rest of Asia Pacific), Europe (UK, Germany, Russia, Rest of Europe) and Rest of the world (Latin America and Middle East & Africa).
Prominent players inducing the Global Container Glass Market are FrigoGlass, Consol Glass Pty Ltd., Vitro, Vidrala, Industries Limited, Amcor Limited, Owens-Illinios Inc., Central Glass Co. Ltd., S.A.B. de C.v., Hindustan National Glass, and Ardagh Group S.A., among others.
Segmentation and Scope of the Global Container Glass Market
Global Container Glass Market is segmented by glass type, forming method, container type, end-use, and region.
By Glass Type
By Forming Method
By Container Type
Rest of World
Middle East & Africa
Prominent Players in the Global Container Glass Market among others includes