Trisha Mathur
by on March 18, 2020
Container glass is a multipurpose container for storing food, beverages, and pharmaceutical drugs. It is made from limestone, soda ash, sand, cullet (crushed bottles), and various additives. It preserves the original taste of any drink or good without changing its quality. It is a high recyclable material which possesses some characteristics that make it a highly preferred packaging material. It is available in different sizes, colors, and shapes according to the existing demand. It is a reusable substance and decreases carbon dioxide (CO2) emissions.
According to study, “Global Container Glass Market Status (2015-2019) and Forecast (2020-2024) by Region, Product Type & End-Use” the key companies operating in the global container glass market areArdagh Group, Vitro, S.A.B. de C.V., Nipro Corporation, Nampak Ltd., Becton, Dickinson and Company, Saverglass SAS, Consol Glass (Pty) Ltd., BA Glass, Adelphi Healthcare Packaging, Schott AG, Stevanato Group, Wiegand-Glas GmbH, Beatson Clark Ltd., Piramal Glass Limited, AGI Glasspack Limited,Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, Gerresheimer AG, Vidrala S.A.
Based on product type, container glass market is segmented into decorative containers, candle glass containers, glass bottle, tableware, glass jars, and glass vials & ampoules. Decorative containers include artifacts and decorative pots. Glass bottle is further sub-segmented into sauce/syrup bottle, Boston round bottle, French square bottle, and other container glass bottles. Glass jar is further sub-segmented into Mason jar, paragon jar, hexagonal jar, straight-sided jar, and other jars. The Mason jar segment holds major share in market owing to the relatively simple & cost-effective design of the container glass jar. The Paragon jars segment is estimated to exhibit considerable growth rate due to rise in shift in consumer preference because of comparatively better aesthetics and ease in handling of the container glass jar during the forecast period. Additionally, glass vials & ampoules segment is further sub-segmented into pharma-grade vials & ampoules and food-grade vials & ampoules. The container glass pharma grade vials & ampoules dominates the market as a result of increase in preference for unit dose container glass packaging solution.Based on material, market is segmented into amber glass, clear glass, and green glass. Based on forming process, market is segmented into press & blow forming and blow & blow forming. In addition, based on end-use, market is segmented into packaging and non-packaging.
The container glass market is driven by rise in demand for healthy & organic food products, followed by large-scale intake of alcohol or immense sale of personal care & cosmetic items, rapidly aging population and increase in emphasis on using eco-friendly recyclable materials. However, easily available substitute like plastics may impact the market.
Based on geography, the Asian-Pacific region dominates the container glass market owing to large-scale intake of alcoholic drinks in countries such as China and India. Whereas, the European region is expected to be the second largest market in terms of growth due to increase in consumption of beer and rise in alcoholic beverages sector over the forecast period. Additionally, the North-American region is anticipated to witness higher growth rate caused by large-scale production of high quality wine over the forecast period. In upcoming years, it is projected that future of the market will be optimistic on account of increase in preference for healthy as well as organic food items during the forecast period.
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