The global Glass Bottles market reached a value of about USD 55 billion in 2021. The industry is projected to grow at a CAGR of around 4.6% in the forecast period of 2022-2027 to reach a value of about USD 72.03 billion by 2027.
The global Glass Bottles industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing end-uses of the commodity are primarily driving the market growth. The Asia Pacific is the highest category spender by region, driving the demand for the Glass Bottles industry.
A glass bottle is constructed entirely of glass and includes food and beverage glass containers and container glass covered by the deposit regulation. They are commonly used for culinary condiments, soda, liquor, cosmetics, pickling, and preservatives. The Glass Bottles industry report comprises segments by end-use (beer, alcoholic beverages, food, and non-alcoholic beverages and pharmaceutical) and region (North America, Europe, Asia Pacific, the Middle East, Africa, and Latin America).
The Asia Pacific holds the largest share in the market due to an increase in demand for pharmaceutical and chemical industries, which favour glass packaging due to the inert nature of glass bottles. The regions China, India, and Japan, contribute significantly to the region's growth. Furthermore, China's growing number of producers and end-user sectors will fuel the demand for glass bottles worldwide.
The market is being aided by the use of the commodity in a wide range of end-user industries. The item does not react with the chemicals in drinks; thus, it keeps the scent, strength, and flavour of these beverages, making it a popular packaging option resulting in higher sales. Furthermore, it is preferred by premium food and beverage manufacturers above other packaging materials such as plastic because it is chemically inert, non-porous, and impermeable furthering its use. The bottles are also gaining traction in the pharmaceutical industry owing to the following features, further boosting the market demand.
However, the factors like easy availability of substitutes and the fragile nature of the product, which makes it difficult to transport, are hampering the market's growth.
The global Glass Bottles industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major global Glass Bottles regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.
Loading molten glass into moulds with an exact funnel procedure. After that, the baffle starts the settle blow process, allowing compressed air to enter the mould and produce the neck and container finish. A plunger travels into the finish to tighten the glass against the mould in the counterblow process, creating the parison. The neck ring keeps the glass container in place when the mould expands, allowing it to be inverted for the blow mould process. A reheat stage ensures that the parison temperature matches the interior glass temperature, resulting in smoothing and uniform distribution of the glass to avoid breaking. The last blow is used to equally tighten the glass against the blow mould to finish the form. Remove the new glass bottle from the mould and place it on a cooling plate. The glass bottle is then carried by conveyor from the cooling plate to be packaged and ready for delivery.
The industry is being driven by the nature of the product of being completely recyclable, making it an environmentally friendly packaging solution. The bottles are widely desired, especially for premium items, and the perfume and fragrance business is growing as a significant contributor, further propelling the industry's expansion. Moreover, Transparency in food packaging is becoming increasingly popular, and consumers want to view the actual goods before buying them since the labels indicate the components. As a result, many businesses, especially those in the dairy industry, provide their goods in clear glass containers. Also, the Increasing development activities and the prevalence of lightweight and high strength bottles will increase numerous changes that will contribute to the expansion of the glass bottle market throughout the projection period.
The regional markets for the industry can be divided into North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
The market for glass bottles and containers is competitive and somewhat fragmented, and the market is supported by a large number of glass bottle producers. Leading market companies are progressively focused on product development activities and strategic mergers and acquisitions to meet capacity and regional growth needs.
1. Executive Summary
2. Glass Bottles Market Snapshot
2.1. Glass Bottles Market Outlook
2.2. Glass Bottles Industry Analysis by End-Use
2.2.2. Alcoholic Beverages
2.2.3. Food & Non-Alcoholic Beverages
2.3. Region Overview
2.3.1. Asia Pacific
2.3.3. North America
2.3.4. Latin America
2.3.5. Middle-East & Africa
3. Impact of Recent Events
4. Glass Bottles Value Chain Analysis
5. Glass Bottles Production Process
6. Trade Analysis
7. Major Risk Factors in Sourcing
8. Glass Bottles Cost Structure
9. Glass Bottles Price Analysis
10. Key Demand Indicator Analysis
11. Key Price Indicator Analysis
12. Glass Bottles Market Dynamics
12.1. Drivers & Constraints
12.2. Industry Events
12.3. Innovations & Trends
12.4. Swot Analysis
12.5. Porter’s Five Forces
12.5.1. Buyer Power
12.5.2. Supplier Power
12.5.3. Threat of New Entrants
12.5.4. Threat of Substitutes
12.5.5. Industry Rivalry
13. Feedstock Market Analysis
13.1. Market Overview
13.2. Price Analysis
14. Industry Best Practices
14.1. Sourcing Strategy
14.2. Procurement Model
14.3. Contract Structure
14.4. Negotiation Levers
14.5. Pricing Model
14.6. Key Factors Influencing the Quotation
15. Key Supplier Analysis
15.1. Ardagh Group
15.2. O-I Glass, Inc.
15.3. Vidrala S.A.
15.4. Central Glass Co., Ltd.
15.5. Verallia SA
The global Glass Bottles market size was valued at USD 55 billion in 2021.
As per the end-use provided, the Beer segment is anticipated to lead the market between the period 2022 – 2027.
The significant demand for recyclable packaging is one of the essential drivers of the Glass Bottles market growth.
Ardagh Group, O-I Glass, Inc., Vidrala SA, Central Glass Co., Ltd., and Verallia SA are some of the leading companies in the market.
The Asia Pacific region of the Glass Bottles industry holds a significant share in the market.
The global Glass Bottles market attained a value of USD 55 billion in 2021, driven by the use of the commodity in a wide range of end-user industries, including food and beverage, pharmaceutical, etc. Aided by the product's properties, like being completely recyclable, transparent, lightweight, and high strength bottles, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 4.6%. The market is projected to reach USD 72.03 billion by 2027. Some of the leading players in the industry are Ardagh Group, SA, O-I Glass, Inc., Vidrala SA, Central Glass Co., Ltd., and Verallia SA.
Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.
At Procurement Resource our analysts are selected after they are assessed thoroughly on having required qualities so that they can work effectively and productively and are able to execute projects based on the expectations shared by our clients. Our team is hence, technically exceptional, strategic, pragmatic, well experienced and competent.
We understand the cruciality of high-quality assessments that are important for our clients to take timely decisions and plan strategically. We have been continuously upgrading our tools and resources over the past years to become useful partners for our clientele. Our research methods are supported by most recent technology, our trusted and verified databases that are modified as per the needs help us serve our clients effectively every time and puts them ahead of their competitors.
Our team provides a detailed, high quality and deeply researched evaluations in competitive prices, that are unmatchable, and demonstrates our understanding of our client’s resource composition. These reports support our clientele make important procurement and supply chains choices that further helps them to place themselves ahead of their counterparts. We also offer attractive discounts or rebates on our forth coming reports.
Our vision is to enable our clients with superior quality market assessment and actionable evaluations to assist them with taking timely and right decisions. We are always ready to deliver our clients with maximum results by delivering them with customised suggestions to meet their exact needs within the specified timeline and help them understand the market dynamics in a better way.
Email Delivery Price: $ 999.00
The global nutmeg market reached a value of about 134 thousand tonnes in 2021. The industry is further expected to grow at a CAGR of about 4.5% in the forecast period of 2022-2027 to reach a value of around 167 thousand tonnes by 2027.Read More
Email Delivery Price: $ 999.00
The global HEOR market reached a value of about USD 1364.3 million in 2021. The industry is further expected to grow at a CAGR of about 12.81% in the forecast period of 2022-2027 to reach a value of around USD 2779.2 million by 2027.Read More
Email Delivery Price: $ 999.00
The global Artificial Intelligence Market reached a value of about USD 192 Billion in 2021. The industry is projected to grow at a CAGR of around 23% in the forecast period of 2022-2027 to reach a value of about USD 664.86 Billion by 2027.Read More