“Plastic packaging requires an external addition of antimicrobial chemicals (during the production of containers) and there is a risk of chemicals (polymers as well as antimicrobials) leeching into the packed substance. As these packaging materials are used for containing foods, beverages and personal care products, which come in direct contact, mixing of chemicals with the product may have adverse effects on human health.”
Global Glass Packaging Market Size by Application, by Region and Forecast 2019 to 2025. Many glass containers are also utilized in other industries such as pharmaceutical, personal care, food, spirits and perfumes. Among different categories of glass being produced globally, container glass accounts for a major market revenue share of about 45%. The growth of the pharmaceutical industry is expected to provide an impetus to the growth of the market over the forecast period.
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Glass Packaging Market: Key Players are Consol Glass, Owens-Illinois Inc., Ardagh Packaging Group PLC, Piramal Glass, AGI Glaspac, Vidrala SA, Hindustan National Glass & Industries Ltd, Nampak Ltd, Amcor Ltd, Carib Glassworks Ltd, VITRO, Gerresheimer AG and Toyo Glass Co. Ltd. among others.
Global Glass Packaging Market
The Global Glass Packaging Market is fragmented where the top three players accounted for a market share of over 30% in 2017. Furthermore, North America and Europe are the most consolidated marketplaces across the globe with two to three players accounting for nearly 50%. China has the largest number of glass converters of about 900. China is also the largest producer as well as exporter of container glass.
The key trend in the Glass Packaging Market includes recycling and reduction in the weight of these containers. Suppliers are gradually increasing the usage of cullet to reduce the production and landfill cost. Furthermore, the weight of container glass has been reduced by nearly 30% since the earlier era resulting in the material posing a tough competition for its largest competitor, i.e., plastics.
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Key segments of the Global Glass Packaging Market
Application Overview, 2015-2025 (Kilo Tons) (USD Million)
- Alcoholic beverages (excluding beer)
- Food & beverages
Global Glass Packaging Market has seen an increase from 26% to roughly 33% of recycled content over the past five years. Some companies in North America run their facilities at recycled glass rates of 50% or more, with one of the glass plants averaging above 90% recycled content. The growing trend of immigration of people from other counties to the region, especially the U.S., is expected to augment the U.S. market via numerous end-use industries.
Some Key Highlight Points from TOC:
Chapter 1. Executive Summary
Chapter 2. Research Methodology
Chapter 3. Market Outlook
Chapter 4. Global Glass Packaging Market Overview, By Application
Chapter 5. Company Profiles
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