Global Glass Bottles Market Overview:
Glass bottles and containers offer a perfect way to keep the consumables safe, fresh, and healthy for a longer amount of time and simple transport. Glass Bottle is 100% utile, that makes it a fascinating packaging possibility from the environmental point of view. Glass bottles are majorly utilized in the alcoholic and non-alcoholic beverage trade, because of their ability to take care of chemical immobility, sterility, and non-permeability.
As per latest study released by AMA Research, the Global Glass Bottles market is expected to see growth rate of 6.2%Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Forecast Period | 2024-2030 |
Historical Period | 2018-2023 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Influencing Trend:
Product Development like Attractive Bottle Shapes for Fancy Showcasing
Market Growth Drivers:
Rise in Demand of Beverages and Health Drinks in Glass Bottles due to Chemical Inactivity and Safer Servings
Challenges:
Availability of Substitutes like Biodegradable Plastic Packaging
Restraints:
High Cost in Production Process And High energy Consumption
Opportunities:
Rise in Demand Pharmaceutical Sector Glass Bottle Packaging and Growth in Premium Fragrances Adaptation for Premium Packaging of Glass Bottles
Competitive Landscape:
The global market for glass bottles in fragmented by the global players to serve the global demand for the glass bottles in different application in food and beverages industry and pharmaceuticals for the chemically inert glass bottles. The players should focus on innovative packaging and efficient processing techniques with disposal infrastructure in order to reuse the glass wastage to build a ecosystem.
Some of the key players profiled in the report are Owen Illinois, Inc. (United States), Ardagh Group, SA (Ireland), S. A. B. de C. V. (Mexico), Vidrala, S.A. (Spain), BA Glass B.V. (Portugal), AGI Glasspack Limited (India), Frigoglass Jebel Ali FZCO (United Arab Emirates), Consol Glass (Pty) Ltd (South Africa), Toyo Glass Co., Ltd. (Japan) and Gerresheimer AG (Germany). Additionally, following companies can also be profiled that are part of our coverage like Vetropack Holding AG (Germany), Borosil Glass Works Ltd (India), Carib Glassworks Limited (Trinidad) and Piramal Glass Private Limited (India). Considering Market by Sales Channel, the sub-segment i.e. Online will boost the Glass Bottles market. Considering Market by Manufacturing Process, the sub-segment i.e. Tubing will boost the Glass Bottles market.
Latest Market Insights:
In February 2023, Berlin Packaging, a global packaging leader, announced the acquisition of Vetrosystems, a European glass bottle manufacturer. This merger expanded Berlin Packaging's glass offerings and European presence.
In March 2023, Ardagh Group, a glass and metal packaging company, introduced its Infinity Bottle, a lightweight and infinitely recyclable glass bottle design.
What Can be Explored with the Glass Bottles Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Glass Bottles Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Glass Bottles
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Glass Bottles market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Glass Bottles market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Glass Bottles Manufacturer, Distributor/Supplier, Raw Material Supplier, Research Institutes, End User Industry and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.