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2021
Container Glass Market

Container Glass Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

A09627
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Dec 2021 | 432 Views
   
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COVID-19

Pandemic disrupted the entire world and affected many industries.

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Container glass is a type of containers made from glass. Examples of such containers include bottles, jars, bowls among others. The high content of water-insoluble oxides in glass provides comparatively higher chemical durability which makes it ideal for the storage of beverages and food, pharmaceuticals, chemicals and other products. Container glass is generally produced by either blowing or pressing techniques. Glass containers can be manufactured in different colors, sizes, and shapes according to the specific use. Glass bottles preserve the products contained much longer than other types of packaging. This is because the material is less likely to allow contents to mix with air or other possible chemicals. Hence, it is very popularly used for packaging of various products.

­Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Millions)

  Segments covered

Forming Process, Application, Industry Verticals and Region

  Geographies covered

North America (US, Mexico and Canada), Europe (Germany, UK, Netherlands, Italy and France), Asia Pacific (China, Japan, South Korea, Sri Lanka and India), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

The key players in the Container Glass market include Ardagh Group, Gerresheimer AG, Owens-Illinois Inc., Hindusthan National Glass & Industries Limited, Nipro Corporation, Dickinson and Company, Consol Glass (Pty) Ltd., Saverglass SAS, BA Glass and Adelphi Healthcare Packaging among others.

 

COVID-19 scenario analysis:

  • COVID-19 pandemic has shut-down the production of various products in the global container glass industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of global container glass market significantly from last few months, as is likely to continue during 2020.
  • COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year. 
  • The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.
  • Further, potential impact of the lockdown is currently vague and financial recovery of companies is totally based on its cash reserves. Equipment and machinery companies can afford a full lockdown only for a few months, after which the players would have to modify their investment plans.
  • Equipment and machinery manufacturers must focus on protecting their workforce, operations, and supply chains to respond toward immediate crises and find new ways of working after COVID-19 infection cases start to decrease.

Top impacting factors: Market Scenario Analysis, Trends, Drivers, Opportunities, Restraints and Impact Analysis

Glass containers are the most popular containers for the food & beverages, pharmaceutical, chemical and cosmetics industries among other end users because of its ability to preserve the products stored. Glass containers reduce the possibility of leaching of harmful chemicals. Glass is a also a highly recyclable material. Recycling of glass is beneficial for the environment. The light weight of glass helps in decreasing the cost of logistics. The growing adoption of glass containers in the pharmaceutical and healthcare sectors for laboratories and hospitals is expected to aid the growth of the global container glass market. The chemical composition of glass being inert is a major advantage as glass does not chemically react with the item contained in it. Moreover, glass is easy to sterilize and is also resistant to water and air which increases its usability. Glass is also popularly used for storage of cosmetic products as they do not react with the chemicals stored in it. Also glass containers can be manufactured in various sizes and shapes to fit the end use. The major restraining factors include the fragility of glass and the extra care required for transportation. The opportunities for growth come from the growing global food and beverages market as rising disposable income and urbanisation around the world is boosting the consumption of alcoholic beverages and other products.

The global Container Glass market trends are as follows:

Health and environmental benefits of glass containers

Glass is a highly recyclable material and it can be reused as many times as necessary as glass has an endless recycling life. Glass is recycled more often than plastic around the world. According to data from the Container Recycling Institute, plastic bottles are recycled at an average rate of 29% while glass bottles are recycled at an average rate of 37%. Glass containers and even broken glass can be recycled. Recycling glass also does not compromise the quality of the glass. Glass also requires very little turnover time for the recycling operation. Many companies collect glass containers from waste disposal and reuse them again which helps to foster the glass recycling industry. The world is growing increasingly more aware and educated of the environmental concerns related to the production and disposal of plastic containers. The manufacturing process of a plastic container generates significantly more toxic emissions into the air and water than a glass container. Plastic waste is an exceedingly difficult form of pollution that adversely affects the environment. Plastics are manufactured from various chemicals including certain endocrine disrupting chemicals. Some of these chemicals, including BPA and phthalates, can adversely affect the human brain, hormone system, reproductive system, and may even cause cancer development. Some of these chemicals can leach into food and beverages that are stored in plastic containers. Leach of harmful chemicals is more likely to occur when plastic is heated and plastic containers also get warped and lose shape when exposed to heat. This is a major public health concern and is a major factor behind the popularity of glass as a packaging material for the food and beverage industry. These various factors among others have caused various governments to even ban plastic in various applications. These factors present an opportunity for growth of the global glass container market. 

Growth global food and beverage industry with rising urbanisation around the world

According to data from the United Nations (U.N), more than 54% of global population is living in urban areas. Due to the factors of growing population, urbanisation and increased standard of living of consumers around the world, the global container glass market is expected to expand. These factors are expected to aid the global container glass market grow as the growth of the global food and beverage industry goes hand in hand with growth of urbanisation. Glass containers is favoured as a packaging solution for the food and beverages industry as it preserves the flavour and freshness of product and also does not harm the original taste or purity of the product. Since glass is not made from harmful chemicals, like BPA or phthalates, these types of chemicals will not leach from the container into the food and drinks stored inside. Glass containers are increasingly growing in popularity in the food & beverage industry due to the inherent benefits such as better preservation of the stored product, increased the shelf life and availability of containers in various sizes and shapes. The increased alcohol consumption around the world due to rising disposable income worldwide is expected to boost the growth of the global container glass market. Furthermore, new trends in the hospitality sector is creating demand for well-designed glass containers to increase the aesthetic appeal of the products. These factors are expected to help grow the demand of container glass in the global food and beverages industry and thus help the global container glass industry grow.

Key segments covered:

Segments

Sub-segments

  Forming process

  • Blow Forming
  • Press Forming
  • Others

  Application

  • Packaging
  • Tableware
  • Decorative Containers
  • Others

 

  Industry verticals

 

  • Food & Beverage Packaging
  • Cosmetics Packaging
  • Healthcare Packaging
  • Chemical
  • Others

 

Key benefits of the report:

  • This study presents the analytical depiction of the global container glass market industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global container glass market share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global container glass market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global container glass market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
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