Albany, NY -- (SBWire) -- 01/07/2019 --Container Glass Market Analysis: The bottles segment, by container type, to maintain its dominance in the global market during 2018-2026
The global market for container glass was valued at US$ 52,590.1 Mn in 2017 and is projected to expand at a CAGR of 5.0%, during the forecast period (2018-2026).
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.
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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.
The container glass jars segment is categorized into Mason jar, hexagonal jar, Paragon jar, straight-sided jar, and other jars. The mason jars segment is estimated to account for around half of the container glass jars market segment value, owing to the relatively simple and cost-effective design of the container glass jar. The Paragon jars category is anticipated to grow at the highest pace owing to the shifting consumer preference due to comparatively better aesthetics and convenience in handling of the container glass jar.
The container glass vials & ampoules segment is categorized into food-grade vials & ampoules and pharma-grade vials & ampoules. The container glass pharma grade vials & ampoules is a well-established market segment due to the preference for unit dose container glass packaging solution, and further projected to rise at a higher pace as compared to that of container glass food grade vials & ampoules due to the rapidly expanding global pharmaceutical industry. The demand for container glass food-grade vials & ampoules is expected to register significant growth during the forecast period, specifically in the developed economies of North America and Europe region.
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The decorative containers segment of the container glass market includes artifacts and decorative pots made up of container glass.
Market Taxonomy:
The global market for container glass is segmented as per glass type, container type, forming process, and end use.
As per glass type, the global container glass market is segmented as follows:
Type-1
Type-2
Type-3
Type-4
As per container type, the global container glass market is segmented as follows:
Packaging
Bottles
Sauce/Syrup Bottle
French Square Bottle
Boston Round Bottle
Others
Jars
Mason Jar
Hexagonal Jar
Paragon Jar
Straight-sided Jar
Others
Vials & Ampoules
Food Grade
Pharma Grade
Tableware
Decorative Containers
As per forming process, the global container glass market is segmented as follows:
Blow & Blow Forming
Press & Blow Forming
As per end use, the global container glass market is segmented as follows:
Packaging
Food Packaging
Meat, Poultry & Seafood
Ready-to-eat Meals
Spices, Condiments & Sauces
Dairy Products
Bakery & Confectionary
Beverage Packaging
Alcoholic Beverages
Non-alcoholic Beverages
Pharmaceuticals
Cosmetic & Perfumery
Others
Non-packaging
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.
Top Report on Container Glass Market - Attract Alcoholic Beverage Brands by Introducing Innovative Container Glass Packaging Solution
Container Glass Market (Container Type - Packaging, Tableware, Decorative Containers; Glass Type - Type-1, Type-2, Type-3, Type-4; Forming Process - Type-1, Type-2; End Use - Packaging, Non-packaging) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2018 - 2026