Global Glass Packaging Market

Glass Packaging Market Size, Share, Growth Analysis, By Material (Borosilicate, De-Alkalized Lime Glass), By Product (Bottles, Jars & Containers), By Application (Beverages, Pharmaceuticals), By Region - Industry Forecast 2025-2032

Report ID: SQMIG15G2096 | Region: Global | Published Date: December, 2024
Pages: 191 | Tables: 95 | Figures: 76

Glass Packaging Market News

  • In January 2024, O-Eye Glass introduced a small glass wine bottle called the Estampé. When sold in France, Estampé’s carbon footprint is 25% less than traditional 500g bottles of wine. The 390g Carbon Trust-certified bottle of Estampe uses up to 80% recycled content, which is significantly higher than the 50% commonly used in Europe.
  • In June 2023, Corning partnered with SGD Pharma to set up a new glass tubing plant in India to increase the country’s pharmaceutical capacity. The partnership combines Corning’s patented glass-coating technology with SGD’s experience in vial conversion to improve vial quality.
  • In January 2024, Telangana announced joint venture with SGD Pharma and Corning Inc. will work together to bring modern technology and manufacturing skills to the region. The partnership will combine Corning’s advanced medical tubing technology with SGD Pharma’s glass bottle manufacturing and turnround expertise.
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Global Glass Packaging Market size was valued at USD 59.8 billion in 2022 and is poised to grow from USD 62.5 billion in 2023 to USD 88.2 billion by 2031, growing at a CAGR of 4.4% during the forecast period (2024-2031). 

The competitive landscape of the glass packaging industry is shaped by key players, regional dominance, and industry partnerships. The glass packaging market reflects the competitive environment of large multinational companies and regional players focused on specific end-use industries, such as Food and Beverage Consumption, Cosmetics Owens-Illinois Inc., other markets. The key players leverage extensive production capacity and global distribution networks to meet high demand volumes while adhering to stringent quality standards. 'Ardagh Group S.A. (Luxembourg) ', 'Toyo Seikan Group Holdings Ltd. (Japan) ', 'O-I Glass Inc. (USA) ', 'AptarGroup Inc. (USA) ', 'Verallia SA. (France) ', 'BA Glass (UK) ', 'Nippon Sheet Glass Co., Ltd. (Japan) ', 'Vitro SAB de CV (Mexico) ', 'Taiwan Glass Industry Corp. (Taiwan) ', 'Piramal Glass (India) ', 'SGD Pharma (France) ', 'Sisecam (Turkey) ', 'Bormioli Pharma S.p.A. (Italy) ', 'Gerresheimer AG (Germany) ', 'Schott AG (Germany) ', 'Stolzle-Oberhlas GmbH (Germany) ', 'Zignago Vetro (Italy) ', 'Shandong Pharmaceutical Glass Co. Ltd. (China) ', 'Beatson Clark (UK) ', 'West Pharmaceutical Services Inc. (USA) '

Rising Demand for Glass Packaging in the Healthcare and Cosmetic Industry

Increasing Recycling Rates for Sustainable Growth to Drive Market Growth: Glass recycling is rapidly increasing worldwide, especially in developed countries. Based on the most efficient recycling, Europe dominated the recycling sector. According to FEVE data, Europe accounted for about 76% of glass collection. Growth is expected in many beverages, including soups, teas, coffees, juices and non-dairy beverages. Furthermore, wine production is the main contributor to the European economy and the E.U.

As per the glass packaging market outlook, the Asia-Pacific region held a considerable share of the market in the previous years and will continue dominance in future owing to speedy economic growth and increasing population. Countries such as India and China have witnessed major growth in urbanization and economic development, which expanded the demand for packaged products. Moreover, the ever-increasing population is fueling increased consumption of packaged goods in different sectors like personal care, food and beverages, and healthcare. The key players operating in Asia-Pacific include Berry Global Inc., Amcor Group GmbH, Silgan Holdings Inc., Alpla Werke Alwin Lehner GmbH & Co KG, and Sonoco Products Company among others.

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Global Glass Packaging Market

Report ID: SQMIG15G2096

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