Market Dynamics

The containers glass are gaining importance in various industry verticals via food & beverage, pharmaceutical, cosmetic, etc. due to their benefits such as to preserve the product, increase the shelf life, and availability in various size and shape is a major factor augmenting the global container glass market growth.

Food & beverage is flourishing across the globe, and consumers are demanding innovative product with no side-effects. Product manufacturers are focused on adoption of better packaging solution that caters to exact consumer needs. Glass containers tend to be a better packaging solution as it preserves the flavor and freshness of product and also does not harm the original taste or purity of the product.

Developing regulatory scenarios of the pharmaceutical industry in developed and developing countries and growing adoption of containers glass from laboratory and hospitals is expected to impact the growth of the market positively. Containers glass being inert provides a major advantage as it does not react with the solution of item contained in it. Moreover, glass being inorganic material they are easy to sterilize, also resistant to water and air which makes it a better storage option.

Cosmetic product manufacturers are focused on adopting smart packaging solution that enhance the product life and does not react with the chemical stored in it. Cosmetic products contain small amount chemicals in it and it reaction with the storage container would harm the product.

However, factors such as fragility and critical transportation are hampering the growth of the global containers glass market. Technological advancements by the major players such as development of strong light weight glass with UV-resistant are expected to create new revenue opportunities over the forecast period. In addition, innovative product solution by manufactures and strategic business development activities are expected to further support the revenue traction of the global market.

Containers Glass Market Analysis

The global containers glass market is segmented into application type, end user, and region. Among the end user segment the pharmaceutical sector is expected to account for significant revenue share. The application type segment is bifurcated in to packaging, tableware, and decorative containers.

Segment Analysis by Region

The market in North America is expected to account for major revenue share due to high demand from food & beverage and cosmetic manufacturers. In addition, presence of major food & beverage manufacturers operating in the country along with innovative product offerings is expected to further support the growth of target market. Moreover, developing pharmaceutical sector, changing regulatory scenario, and adoption of containers glass from hospitals and laboratories are factors positively impact the regional market growth.

Asia Pacific market in expected to witness faster growth due to presence of major pharmaceutical and cosmetic manufacturers operating in the country in this region. In addition, changing government regulations and low cost labor is attracting players across the globe to developing countries which is expected to further support the regional market growth. Moreover, business expansion activities through partnerships and agreements in order to increase the customer base is expected to further support the target market growth in this region. In 2019, Piramal Glass Ltd. invested US$ 16 Mn into its Kosamba, India container glassmaking site to add an extra three production lines and meet the increased demand.

Competitive Landscape

The competitive scenario is high due to large presence of players operating on global level in the market. In addition, approach towards overseas business expansion in order to increase the profit share is increasing the activities related to business partnerships and agreements further increasing the competitive scenario.

Report coverage

The market research study on “Containers Glass Market (Application Type: Packaging, Tableware, and Decorative Containers; End Use: Food & Beverage Packaging, Cosmetics Packaging, Healthcare Packaging, Consumer Applications Packaging, Chemical, and Other) – Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026”, offers a detailed insights on the global containers glass market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report provides insights on global containers glass market, its application type segment, end use segment, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global containers glass market size and segment markets by application type segment, end use segment, and geography along with the information on companies operating in the market. The containers glass market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report. The players profiled in the report Ardagh Group, Becton, Dickinson and Company, Adelphi Healthcare Packaging, Schott AG, Piramal Glass Limited, Owens-Illinois, Inc., Wiegand-Glas GmbH, Adelphi Healthcare Packaging, BA Vidro, S.A.,  Frigoglass, Consol Glass (Pty) Ltd., Stevanato Group, Saverglass SAS, Beatson Clark Ltd.,  and AGI Glasspack Limited.

Market Segmentation

Market By Application

• Packaging
• Tableware
• Decorative Containers

Market By End Use

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

Market By Region

North America

• US
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico
• Rest if Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Meddle East & Africa