Glass bottle Market Research Report – Recent Trends, Growth Opportunities, and Market Size and Share Global Forecast Analysis – 2024 - 2032

Glass bottle Market Size Research Report – In a Glance

As per the Research report on global Glass bottle market, the market is projected to foresee a CAGR of 4.5% between 2024-2032, and further generate a market size of USD 92 billion by the end of 2032. In the year 2023, the market size was valued at USD 61 billion.

• The global Glass bottle market is projected to grow on account of the increase in sales of packaged food over online platforms.
• In Japan, the Glass bottle market growth can be attributed to the rising popularity of glass containers for flavored drinks.
• KDMI analyst’s growth analysis foresees fragility and transport challenges to challenge the market growth.
• The North America Glass bottle market is projected to dominate the global market.

Glass bottle Market Analysis

A glass bottle is a container made up of glass. A transparent and durable material composed of silica, soda ash, oils, perfumes, and medicines. Glass bottles come in a wide range of shapes, sizes and designs to suit different purposes and aesthetic preferences. Known for its inert and non-reactive properties, glass is flavored for packaging sensitive products as it does not impact any taste, odor, or harmful chemicals to its contents. Glass is highly recyclable and environmentally friendly making glass bottle a highly used packaging choice. Its aesthetic appeal, recyclability and versatility have contributed to the popularity of glass bottles across industries worldwide.

The global glass market is expected to grow due to the rising sales of packages food through online channels. As consumers are increasingly prefer to purchase food products online, there is a demand for secure and sustainable packaging solution like glass bottles. The non-reactive nature of glass helps in food preservation making it an ideal choice by manufacturers and consumers. The online food delivery market exhibits a CAGR of 9.4%, during the forecast period. As the online food delivery platforms are using glass bottle for packaging, growth of the food delivery market will considerably increase the growth rate of glass bottle market.  Owens-Illinois, Inc, Verallia and Ardagh Group are some of the significant parties in the global market for Glass bottle.

Analyst’s Observation on Japan Glass bottle Market Research

In Japan, the growth of glass bottle market is increasing due to increasing demand for glass container for flavored drinks packaging and storage. Consumers prefer glass bottle as it is perceived as premium and hygienic packaging option, especially for beverages. Moreover, the rise in food courts and convenience mart where ready-to-drink flavored beverages are sold, further drives the demand for glass bottles. There are over 56 thousand food courts and convenience mart in Japan where packaged food is sold. This trend reflects the Japanese’s consumers inclination towards quality and convenience, contributing to the growth of the glass bottle market. Asahi Glass Co., Ltd, Nihon Yamamura Glass Co., Ltd and Toyo Glass Co., Ltd are some of the significant parties in the market for Glass bottle in Japan.

Glass bottle Market Growth Drivers and Challenges

Sustainable packaging solution to drive market growth:

The increasing emphasis on sustainability is a significant factor that drives the market growth. With rising environmental concerns and regulations aimed at reducing plastic waste, glass bottles become the best choice for consumers and businesses that are turning to eco-friendly packaging solutions. Glass bottles being highly recyclable and non-reactive, aligns with the sustainability goals. This shift towards sustainable packaging not only benefits the environment but also boosts the reputation of brands.

Fragility and Transportation Challenges to restrict market growth:

 Fragility and transportation challenges pose a significant effect on the glass bottle market. Glass bottles are prone to breakage during transportation, leading to increased transportation costs and product losses. Specialized packaging and careful handling are required to mitigate this risk.

Glass bottle Market Segmentation

Our experts at KD Market Insights have segmented the global Glass bottle market research report as:

Glass bottle Market Regional Synopsis

The North America Glass bottle market is majorly driven by strong preference of consumers for glass bottles, particularly for alcoholic beverages. Glass bottles are favored for their ability to preserve taste, aroma and quality of alcoholic drinks, enhancing the overall drinking experience. According to reports, U.S holds 85% of the market share in North America for the consumer glass bottle preferences. The ban on single-use plastics and increasing need of hygienic solution in healthcare and pharmaceuticals are expected to drive the growth of the market.

As per our analysts at KD Market Insights, the following five players lead the North America Glass bottle market growth:

• Owens-Illinois, Inc
• Anchor Glass Container Corporation
• Ardagh Group
• Vitro Packaging
• Saint-Gobain North America

Glass bottle Market Competitive Landscape

Some of the key players who top the global Glass bottle market share:

• 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.

Glass bottle Market Recent Developments

• Owen Illinois announced a significant investment in Colombia, nearly US$ 75 Million, and produce about 500 million bottles annually.
• AB InBev announced the launch of the lightest longneck beer bottle in the world for commercial applications, which will reduce 17-18% carbon emission.