Glass Bottles Market

Key Points Covered in Glass Bottles Market Study

• Market estimates and forecast 2016-2031
• Key drivers and restraints impacting market growth
• Segment-wise, Country-wise, and Region-wise Analysis
• Competition Mapping and Benchmarking
• Brand share and Market Share Analysis
• Key Product Innovations and Regulatory Climate
• COVID-19 Impact on Glass Bottles Marketand How to Navigate
• Recommendation on Key Winning Strategies

Glass Bottles Market 2021 -2031 Outlook in Comparison to Sales Registered in 2016-2020

Historic sales of glass bottles showcased consistent rise, as the market registered a CAGR of 3% between 2016 and 2020. The glass bottles market outlook remains positive, thanks to ongoing research on making glass bottles aesthetically attractive and more functional.

Technological advancements in manufacturing glass bottles are intended to offer improved customization and sustainability. This will support growth in the market. According to FMI the market will rise at 5.2% CAGR between 2021 and 2031.

The growing demand for glass bottles as a reusable alternative for environmentally harmful plastics and metals is encouraging manufacturers to use glass bottles to pack their products.

How is Changing Consumer Behavior Affecting Glass Bottles Sales?

Glass bottle packaging is considered to be significantly safer as there are no risks of chemicals mixing into the end product, with minimal risk to the consumer's health. In addition, the taste of the food or beverage remains intact in glass bottle packaging.

Due to the pandemic, people are drawn to a healthier lifestyle. Besides healthy living, they are consciously making sustainable choices, especially with regards to their day-to-day purchase.

Steered by this, glass bottle packaging for food and beverage applications is likely to reflect substantial growth. The pharmaceutical sector also has emerged as a leading consumer of glass bottles.

Thanks to their strength and durability, glass bottles have become first choice for pharmaceutical companies. The rising demand for generic medicines such as basic capsules and syrups are in circulation globally due to the ongoing pandemic will create lucrative sales prospects.

Considering this, the growing trend towards health care, wellness, and the pharmaceutical industry is expected to act as a stimulant for glass bottles adoption.

The perfumes & fragrance industry is also emerging as an important contributor, as glass bottles are a highly desired form of packaging especially for premium products. Rising awareness towards health and personal care, to the demand.

The future of glass bottles offers lucrative opportunities owing to the recyclable and reusable properties of glass bottles. Also, manufacturers and marketers can use sustainable packaging options compared to toxic non-bio-degradable materials such as plastics.

What is the Impact of the COVID-19 Crisis on the Glass Bottles Market?

The COVID-19 crisis has adversely affected healthcare systems and social structures around the world. Several industries suffered set-backs as pandemic disrupted supply and distribution chains.

In addition, the stringent lockdown measures, including restrictions on travel and transportation, have resulted in the economic downturn. Nonetheless, with governments adopting and implementing various strategies for containing the virus, sales opportunities are no longer bleak.

Food-based retail chains have gradually began operations. Steered by change in consumer behavior, an increasing number of companies have introduced glass bottles, especially for beverage packaging.

Online sales of food, beverages, and medication on the other hand is key to partially mitigating losses during this period.

Country-wise Insights

What Will Drive Sales for Glass Bottle Manufacturers in the U.S.?

According to FMI, the U.S. holds 84% of market share in the North America. In the U.S, beer will remain the most popular alcoholic beverage. Consumers in the U.S. firmly prefer glass bottles for alcoholic beverages.

The ban on single-use plastics and an increased need in healthcare and pharmaceutical for hygienic solutions will propel the demand for glass bottles.

Government regulations regarding food, drug, and cosmetic packaging further support the demand for glass bottles. Presence of leading players such as Owen Illinois, Inc., Ardagh Group SA, Vitro, S. A. B. de C. V., and others will play a crucial role in driving growth in North America through 2031. 

Will Glass Bottles Sales Rise in Germany?

Germany holds a market share of nearly 25% in the Europe market for glass bottles. The country being a developed nation has world-class healthcare infrastructure prevailing in the country.

Also, some of the oldest and biggest pharmaceutical companies in the world are situated in Germany. The usage of glass bottles for pharmaceutical applications is the major end-use in the German market.

How Will Glass Bottle Market Growth Unfold in France?

France holds a market share of more than 12% in the Europe glass bottles market. According to The International Fragrance Association (IFRA), the global fragrance and perfumes industry in the current year added a total value of more than US$ 8.27 Bn.

Among the global fragrance and perfumes industry, French perfumes are in high demand around the world. Over the forecast years, the French fragrance and perfume industry is set to contribute notably more to the growth of the global glass bottles market.

What are the Factors Driving China Market for Glass Bottles?

In the East-Asia market, China holds more than 45% of the overall market share. According to the Direct China Chamber of Commerce  (DCCC), the Chinese beverage and soft drink industry will be the largest worldwide in the near future.

The rising number of manufacturers and end user industries in China will drive the demand for the global glass bottles market. Also, the rising pharmaceutical sector in the country, which requires glass bottles for packing drugs and medicines is set to witness record growth over the forecast period.

Why is India a Leading Consumer of Glass Bottles?

In South-Asia, India has a market share of 39%. The country is the second-largest consumer in the world after China. India is already leading in the consumption and production of glass bottles.

The India pharmaceutical sector is growing exponentially due to rising consumer incomes and an increase in per capita expenditure on healthcare. Also, the pharmaceutical industry in India is a top demand generator for glass bottles.

Category-wise Insights

What is the Market Share of Type I Grade in the Glass Bottles Market?

Type I grade glass bottles hold a market share of 51% in the global industry. Glass bottles are categorized into three grades- Type I, II and III. The inherent characteristics of Type I glass containers make it ideal for pharmaceutical glass packaging.

Type I glass bottles are useful in tubular glass injection vials in pharmaceutical packaging applications. The world is responding to the unprecedented burden of the covid-19 pandemic. Companies are using type I glass for manufacturing vials in anticipation of the demand for the global vaccine supply.

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Why are Glass Bottles with a 501-1000 ml Capacity in Demand?

The capacity of glass bottles at 501-1000ml holds a market share of 36% in the global glass bottles market. 501- 1000 ml glass bottles are multi-functional and are used in diverse end use applications.

1000 ml glass bottles are primarily used to store and transport milk, fruit juices, and water. Most bottles used for wine and beer have a capacity for 750 ml.

Which Manufacturing Process is Trending in the Glass Bottles Market?

Tubing as a manufacturing process for glass bottles holds a market share of 63%. Over the forecast period, blown glass bottles will offer a incremental opportunity of more than US$ 11 Bn. Tubing manufacturing processes offer an incremental opportunity of more than US$ 13 Bn, for the upcoming decade.

Manufacturers and marketers prefer tubing manufacturing processes over the blowing alternatives, because the process helps to minimize wastage of raw materials while also achieving the desired thickness of glass bottles.

Who is the Leading End User of Glass Bottles?

The food and beverage industry accounts for a market share of more than 50%, of the global glass bottles market. Beverages, especially carbonated drinks, alcoholic drinks, and juices, will contribute substantially to revenue generation opportunities.

Also, glass bottles are considered a safe packaging choice for pharmaceutical companies. The transportation and handling of medicines are made easier due to the use of glass bottles for pharmaceutical packaging, and wastage during transit can be eliminated efficiently.

Competitive Landscape

Many glass bottle manufacturers are contributing to the moderately fragmented glass bottle market. Leading players in the market are focusing increasingly on product development efforts in addition to strategic mergers and acquisitions to bolster capacity and geographical expansion requirements.

In June 2021, AB InBev announced the launch of the lightest longneck beer bottle in the world for commercial applications. The reduction in weight from 180 to 150 grams is expected to reduce CO2 emissions by around 17%.

For Instance, in 2018 Owen Illinois, Inc. launched O-I: EXPRESSIONS, an innovation that enables late-state design, combining integral benefits of glass with agile and allows company's customers to build brand engagement, customer's loyalty, and satisfaction, also exhibit premium value.

On 23rd March 2021, Owen Illinois announced a significant investment in Colombia, approximately $75 Million, and produce about 500 million bottles annually, which will add nearly 2% of capacity to the company's Americas segment. 

Scope of Report

Key Questions Answered in the Report

• What is glass bottles market size?

  The glass bottles market is forecast to surpass a valuation of US$ 61.68 Bn by 2031.

• What was glass bottles market growth trend in the last five years?

  The glass bottles market exhibited a CAGR of 3% between 2016 and 2020.

• What are the key trends shaping the glass bottles market outlook?

  Key players in the glass bottles market are currently focusing on customizing shape and design to offer improved functionality.

• What are the key factors driving glass bottles demand?

  Rising demand for sustainable packaging and alternative to conventional plastic bottles will spur growth in the glass bottles market

• What is the North America glass bottle market outlook?

  Backed by presence of some of the leading players, the North America market will surpass a valuation of US$ 14.2 Bn in 2031.

• Who are the leading glass bottle producers and what is their market share?

  Owen Illinois, Inc., Ardagh Group, SA, Verallia SA, Vidrala, SA, and Toyo Glass Co., Ltd. are the top 5 glass bottle producers. They are expected to account for nearly 24% to 26% of the glass bottle market

• Which are the leading glass bottle producing countries?

  China, Germany, the U.S., France, and Japan are key producers of glass bottles

• At what rate will glass bottles market sales increase in Europe?

  Glass bottle sales in Europe are forecast to rise at 4.4% CAGR between 2021 and 2031.

• Which are the top five countries driving glass bottles market demand?

  Leading countries driving demand in the glass bottles market are the U.S., Australia, India, China and Germany.

• What are the key statistics for glass bottle market in Japan and South Korea?

  Glass bottles demand in Japan and South Korea is expected to rise at 7% CAGR and 7.7% CAGR, respectively.

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Glass Bottles Market by Category

By Grade:

• Type I
• Type II
• Type III

By Manufacturing Process:

• Blown
• Tubing

By Capacity:

• Up to 50 ml
• 51 - 200 ml
• 201 - 500 ml
• 501 - 1000 ml
• 1001 ml & Above

By End User:

• Food
• Beverages
• Pharmaceuticals
• Personal Care & Cosmetics
• Perfume & Fragrances
• Chemicals
• Others

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East and Africa (MEA)