Container Glass Market: End Users, Region, Growth Rate and Sales
The global container glass market is segmented on the basis of container type as packaging, tableware, and decorative containers. The container glass packaging segment is anticipated to be the most attractive segment in all aspects, which include market share in 2018, CAGR during the forecast period, and incremental revenue opportunity by the end of 2026.
The container glass packaging segment is further sub-segmented into bottles, jars, and vials & ampoules. Being highly-convenient and preferable for beverage packaging, the bottle segment is estimated to account for around 2/3rd of the global market value share in 2018, while the vials & ampoules segment is projected to register the highest CAGR during the forecast period primarily driven by the increasing adoption of vials in the food packaging industry.
The container glass bottles segment is further categorized into sauce/syrup bottle, French square bottle, Boston round bottle, and other container glass bottles. Among the container glass bottle categories, simple round design of sauce/syrup bottle is majorly preferred by the container glass packaging manufacturers due to its relatively easy manufacturing process and low cost of production. On the other hand, efforts made by container glass packaging manufacturers to enhance the aesthetics have resulted in the rapid growth in demand for customized and innovative designs for container glass bottles.
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Owens-Illinois Inc. to attract alcoholic beverage brands by introducing innovative container glass packaging solution
- In 2016, the company developed a Helix packaging solution, the first cork stopper and container glass bottle with an easy-to-open and reclose technology.
Owens-Illinois Inc. to enhance the aesthetics of the container glass packaging with the adoption of digital printing technology
- In 2018, Owens-Illinois Inc. launched Expressions digital container glass printing for personalized and customized container glass
Ardagh Group S.A. witnessed rise in container glass market share in the North American region with the introduction of new products
- In September 2016, Ardagh introduced two new American beer container glass bottle models (500ml).
Competitive Landscape:
Ardagh Group and Owens-Illinois, Inc. together are estimated to account for around 1/4th of the global container glass market share. Key players operating in the global market for container glass include Ardagh Group, Gerresheimer AG, Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, Nipro Corporation, Vidrala S.A., Vitro, S.A.B. de C.V., Nampak Ltd., Becton, Dickinson and Company, Consol Glass (Pty) Ltd., Saverglass SAS, BA Glass, Adelphi Healthcare Packaging, Wiegand-Glas GmbH, Schott AG, Stevanato Group, ?i?ecam Group, Beatson Clark Ltd., Piramal Glass Limited, and AGI Glasspack Limited.