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 Insights

Glass Packaging Market size was valued at USD 57.48 Billion in 2023 and is poised to grow from USD 60.07 Billion in 2024 to USD 85.42 Billion by 2032, growing at a CAGR of 4.5% during the forecast period (2025-2032).

Glass packaging includes areas such as glass cases, bottles, containers, and more. It is the most reliable packaging material for health and safety. Packaging depends on the type of product. Glass is a sustainable material that can be endlessly reused without losing its quality. Growing demand of food and beverage and personal care and grooming industries is expected to fuel the glass packaging market growth. Growing consumer demand for powerful and safe packaging solutions is one of the major factors driving the growth of the global market. Glass is also considered as an attractive renewable material, thus being used in a wide variety of end-use industries. Leading manufacturers are constantly introducing new products with technologies that enhance beauty, texture and add artistic finishes, leading to market growth.

The global market experienced moderate growth due to major supply chain disruptions that ended daily activities. However, with the growing concern of the COVID-19 pandemic, many countries considered glass packaging as an essential industry. The industry recorded increased demand from the pharmaceutical, food and beverage sectors. The use of food bags and beverage bottles increased the need for packaging from these areas. Several companies including the American Glass Packaging Institute (GPI), the European Federation of Glass Packaging (FEVE), and the European Glass Recycling Association provided presentations thanking all employees for their commitment and dedication.

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FAQs

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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