Asia-Pacific Glass Packaging Market, By Glass Type (Type I, Type II, Type III and Others), Jar Size (20-50 mL, 51-100 mL, 101-250 mL, 251-500 mL and Above 500 mL), Raw Material (Cullet, Selenium, Cobalt Oxide, Limestone, Dolomite, Coloring Material and Others), Application (Alcoholic Beverage, Non-Alcoholic Beverage, Food, Pharmaceutical, Personal Care, Beauty Products and Others), Country (Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines and Rest of Asia- Pacific) Industry Trends and Forecast to 2028.
Data Bridge Market Research analyses that the glass packaging market will project a CAGR of 5.0% for the forecast period of 2021-2028. Rising focus on the packaging product innovations and technological advancements by the manufacturers, growth and expansion of packaging industry especially in the developing economies like India and China, surging demand for innovative packaging solutions that are developed with advanced and innovative methods of manufacturing and increased personal disposable income are the factors driving the growth of glass packaging market. Therefore, the market value, which was USD 22,400 in 2020, would rocket up to USD 33095 billion by 2028.
From the name itself, it is clear that glass packaging refers to the packaging materials and solutions that are used to safely package and store the glass materials such as containers, bottles and others. glass packaging plays a crucial role right from the primary level packaging to the final level of packaging.
Rising urbanization, modernization, and globalization is driving the growth in the market value. Growing demand for high quality glass packaging materials by logistics and transportation industries and growth and expansion of cosmetics and personal care industry will further induce growth in the market value. Surging research and development proficiencies, rising consumption of both alcoholic and non-alcoholic beverages around the globe and growing demand for environmental friendly, recyclable and cost effective packaging solutions are some other market growth determinants.
However, lack of an adequate infrastructure in the underdeveloped economies will create hindrances for the market growth rate. Fluctuations in the prices of raw materials and high levels of competition from other packaging materials will further dampen the market growth rate. Also, supply chain disruptions owing to the pandemic, sensitive nature of glass materials and rise in the operational costs will hamper the market growth rate.
This glass packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on glass packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Asia-Pacific Glass Packaging Market Scope and Market Size
The glass packaging market is segmented on the basis of glass type, jar size, raw material and application. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of glass type, the glass packaging market is segmented into type I, type II, type III and others.
- On the basis of jar size, the glass packaging market is segmented into 20-50 mL, 51-100 mL, 101-250 mL, 251-500 mL and above 500 mL.
- On the basis of raw material, the glass packaging market is segmented into segmented into cullet, selenium, cobalt oxide, limestone, dolomite, coloring material and others.
- On the basis of application, the glass packaging market is segmented into alcoholic beverage, non-alcoholic beverage, food, pharmaceuticals, personal care, beauty products and others.
Asia-Pacific Glass Packaging Market Country Level Analysis
The global glass packaging market is analysed and market size insights and trends are provided by country, glass type, jar size, raw material and application as referenced above.
The countries covered in the glass packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
China in Asia-Pacific region dominates the glass packaging market during the forecast period owing to the rising demand for glass vials for the supply of covid-19 vaccines, availability of raw materials and increased personal disposable income.
The country section of the glass packaging market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Asia-Pacific Glass Packaging Market Share Analysis
The glass packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to glass packaging market.
The major players covered in the glass packaging market report Saint-Gobain, Owens-Illinois, Inc., Amcor plc, Ardagh Group S.A., HEINZ-GLAS GmbH & Co. KGaA, BA GLASS GROUP, Bormioli Rocco S.p.A, Gerresheimer AG, Hindustan National Glass & Industries Limited., KOA GLASS CO., LTD., Nihon Yamamura Glass Co., Ltd., Orora Packaging Australia Pty Ltd, Piramal Enterprises Ltd., Rockwood & Hines Glass Group, Shanghai Vista Packaging Co., Ltd., Sisecam, Stoelzle Oberglas GmbH, Vetropack, Vidrala, Wiegand-Glas Holding GmbH among other. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.