Visiongain has published a new report entitled Glass Packaging Report 2024-2034: Forecasts by Sales Channel (Online Sales, Offline Sales), by Capacity (Small (Up to 250ml), Medium (251ml to 1 Litre), Large (Above 1 Litre)), by Type (Silica Glass, Lime Glass, Pyrex Glass, Other), by Product Type (Glass Bottles, Glass Jars, Glass Flacons, Vials and Ampoules, Other), by End-use Industry (Food & Beverage, Pharmaceutical, Cosmetics and Personal Care, Chemicals, Household, Other) AND Regional and Leading National Market Analysis PLUS Analysis of Leading Companies.

The global glass packaging market is estimated at US$67.7 in 2024 and is projected to grow at a CAGR of 4.7% during the forecast period 2024-2034.

How will this Report Benefit you?

Visiongain’s 390-page report provides 116 tables and 197 charts/graphs. Our new study is suitable for anyone requiring commercial, in-depth analyses for the glass packaging market, along with detailed segment analysis in the market. Our new study will help you evaluate the overall global and regional market for Glass Packaging. Get financial analysis of the overall market and different segments and capture higher market share. We believe that there are strong opportunities in this fast-growing glass packaging market. See how to use the existing and upcoming opportunities in this market to gain revenue benefits in the near future. Moreover, the report will help you to improve your strategic decision-making, allowing you to frame growth strategies, reinforce the analysis of other market players, and maximise the productivity of the company.

What are the Current Market Drivers?

Increasing Demand for Glass Packaging in the Healthcare and Cosmetic Industry

The rising demand for glass packaging in the healthcare and cosmetic industries is significantly driving market growth. In healthcare, glass is preferred for its non-reactive nature, ensuring the safe storage of pharmaceuticals and medical solutions without contamination. The surge in the production and consumption of vaccines, injectable drugs, and other medical products has further propelled the need for high-quality glass packaging. Additionally, in the cosmetic industry, glass packaging is favoured for its premium appeal and ability to preserve the integrity of sensitive formulations. The shift towards sustainable and eco-friendly packaging solutions has also led to an increased preference for glass, known for its recyclability and minimal environmental impact. This growing demand across both sectors is expected to continue bolstering the glass packaging market in the coming years.

Increasing Consumption for Both Alcoholic and Non-Alcoholic Beverages

The increasing consumption of both alcoholic and non-alcoholic beverages is significantly driving the growth of the glass packaging market. This surge in demand is fuelled by a combination of factors, including changing consumer preferences, rising disposable incomes, and a growing awareness of the health benefits associated with certain drinks. In the alcoholic drinks segment, there is a notable trend towards premiumization, where consumers are willing to pay more for higher-quality products. This has led to a greater demand for aesthetically pleasing and durable packaging solutions, such as glass bottles, which offer superior protection and a premium look and feel.

On 22 June 2022, Carlsberg Group is launching consumer trials for its Generation 2.0 Fibre Bottle, a paper-based bottle with a plant-based PEF lining, developed with Paboco, Avantium, and the Paper Bottle Community. Approximately 8,000 consumers across eight Western European markets will sample the bottles, which feature enhanced recyclability and insulation properties. The pilot aims to boost sustainability in packaging, with trials occurring at select festivals and events in Denmark, Sweden, Norway, Finland, the UK, Poland, Germany, and France.

Where are the Market Opportunities?

New Technologies in Glass Packaging Opportunities for the Market Growth

The glass packaging market is poised for growth opportunities driven by advancements in technology that enhance product functionality, sustainability, and consumer appeal. Innovations such as lightweighting techniques, enhanced barrier properties, and smart packaging solutions are revolutionizing the traditional glass packaging landscape. One significant opportunity lies in lightweighting technologies, which involve reducing the weight of glass containers while maintaining their strength and integrity. This not only lowers manufacturing costs but also reduces transportation expenses and carbon emissions associated with logistics. Lightweight glass packaging is increasingly preferred by manufacturers and consumers alike for its environmental benefits and ease of handling.

Competitive Landscape

The global glass packaging market is competitive in nature as large number of well-established companies are operating in this industry. Some of the leading companies present in this industry are Acme Vial and Glass Company, Amcor plc, Beatson Clark Ltd, Becton, Dickinson and Company (BD), Bormioli Rocco S.p.A., Gerresheimer AG, Nipro Corporation, O. Berk Company, O-I Glass, Inc., Piramal Glass Limited, Schott AG, Stevanato Group, Vetropack, Vidrala S.A., and West Pharmaceutical Services. Companies operating in this industry are adopting new refinery development, production expansion, investment, and partnership to stay competitive in this industry and gain competitive advantage over other companies.

Recent Developments

On October 2024, Amcor introduced its “next generation” of medical laminate solutions. The innovative approach helps medical enterprises achieve their sustainability objectives by lowering the final package’s carbon footprint while preserving device applications’ performance requirements. Amcor HealthCare’s recyclable medical laminates are made of a single polyethylene (PE) substance and are suitable for a variety of package designs.

Notes for Editors

If you are interested in a more detailed overview of this report, please send an e-mail to contactus@visiongain.com or call +44 207 336 6100.

About Visiongain

Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.