How big is the Glass Packaging Market?

The Glass Packaging Market size is expected to reach 0.83 trillion units in 2024 and grow at a CAGR of 4.21% to reach 1.02 trillion units by 2029. Read More

What is the current Glass Packaging Market size?

In 2024, the Glass Packaging Market size is expected to reach 0.83 trillion units. Read More

Who are the key players in Glass Packaging Market?

Piramal Glass Private Limited, Owens-Illinois Inc., Gerresheimer AG, Ardagh Group and SGD S.A. (SGD Pharma) are the major companies operating in the Glass Packaging Market. Read More

Which is the fastest growing region in Glass Packaging Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Glass Packaging Market?

In 2024, the Asia-Pacific accounts for the largest market share in Glass Packaging Market. Read More

What years does this Glass Packaging Market cover, and what was the market size in 2023?

In 2023, the Glass Packaging Market size was estimated at 0.80 trillion units. The report covers the Glass Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Glass Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the regulations and recycling initiatives impacting the Glass Packaging Industry?

The regulations and recycling initiatives impacting the Glass Packaging Industry are a) Recycling infrastructure b) Regulations on recycled content in glass c) Potential for a circular economy Read More

Glass Packaging Market Report - Industry Share & Growth

Glass Packaging Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)

The Glass Packaging Market Report is Segmented by End-User Industry (Food, Beverage, Personal Care, Healthcare, Household Care, and Other End-User Industries) and Geography (North America [the United States and Canada], Europe [United Kingdom, Germany, France, and the Rest of Europe], Asia-Pacific [China, India, Japan, Australia and New Zealand, and Rest of Asia-Pacific], Latin America [Brazil, Mexico, and Rest of Latin America], and Middle East and Africa [Saudi Arabia, The United Arab Emirates, South Africa, and Rest of the Middle East and Africa]. The Market Sizes and Forecasts are Provided in Terms of Value (USD) and Volume (Units) for all the Above Segments.

Glass Packaging Industry Overview

The global glass packaging market is fragmented due to the strong presence of major players worldwide, like Piramal Glass Private Limited, Owens-Illinois Inc., Westpack LLC, Gerresheimer AG, and Ardagh Group. The competition is also intense due to the presence of substitutes, as many companies in the industry are trying to innovate consistently to retain their market share.

April 2024: O-I Glass Inc. (O-I Glass) significantly refurbished its Zipaquira (Colombia) manufacturing site to improve sustainability, flexibility, and productivity. O-I Glass invested approximately USD 120 million in this refurbishment, which aligns with sustainability strategy, ongoing investments in plant upgrades, and a previously announced capital expenditure plan. The refurbishment included installing a state-of-the-art furnace with proven oxy/fuel combustion and waste heat recovery technology.

February 2024: Telangana announced that it will collaborate with SGD Pharma and Corning Inc. to bring modern technology and manufacturing expertise to this area. This collaboration will combine Corning’s high-quality pharmaceutical tubing technology with SGD Pharma’s glass vial manufacturing and conversion expertise. This will secure SGD Pharma’s tubing capacities to supply primary packaging to its Indian and international customers from Telangana, India.