The glass bottles market is expected to increase from US$ 40.2 billion in 2023 to US$ 70.2 billion by 2033. Glass bottles are a better packaging option and are utilized in industries such as food & beverages, cosmetics, medicines, and others.
An Comprehensive Summary-
Glass bottles are containers made of glass that are commonly used to store and transport various types of liquids, including beverages, pharmaceuticals, and personal care products. They are typically cylindrical in shape, with a narrow neck and a wider body, and are available in a variety of sizes and colors. Glass bottles are favored by many industries because they are non-reactive, impermeable, and can be recycled repeatedly without losing their quality. Additionally, glass bottles are preferred over other types of packaging materials because they do not alter the taste or quality of the products they contain.
Glass bottles are environmentally friendly since they can be easily recycled and reused. These come in a variety of sizes, shapes, and qualities. Glass bottles are excellent packaging choices for water-based products or substances.
Key Takeaways
• The glass bottles market is expected to register a CAGR of 5.7% during the forecast period 2023 to 2033.
• The global popularity of flavoured beverages and alcoholic beverages is increasing.
• North America dominated the glass bottles market.
• China is ranked second in the regional glass bottle market.
The Key Companies of Glass Bottles Market-
- Owen Illinois, Inc.
- Ardagh Group, SA
- Vitro, S. A. B. de C. V.
- Vidrala, S.A
- BA Glass B.V.
- AGI Glasspack Limited.
- Frigoglass Jebel Ali FZCO
- Consol Glass (Pty) Ltd.
- Toyo Glass Co., Ltd.
- Gerresheimer AG
- Vetropack Holding AG
- Borosil Glass Works Ltd.
- Carib Glassworks Limited (CGL)
- Piramal Glass Private Limited
- Albéa S.A.
- Verallia SA
- Stölzle-Oberglas GmbH
- Gallo Glass Company
- Allied Glass Containers Ltd
- SGA S.A.
Glass Bottles Market Segmentations-
By Grade:
By Manufacturing Process:
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
The breakable nature of glass materials or bottles may stymie the expansion of the glass bottles market. The complexity of transportation as a result of this reason further slows the market's growth pace. Other packaging solutions are expected to potentially pose a threat to the expansion of the glass bottle market.
More About Glass bottles Market @ https://www.futuremarketinsights.com/reports/glass-bottles-market
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