Market Dynamics
COVID-19 Impact:
The COVID-19 pandemic has had a mixed impact on the container glass market. On one hand, the demand for packaged food and beverages has increased due to panic buying and a shift towards at-home consumption, leading to a rise in demand for glass containers.
On the other hand, the closures of restaurants, bars, and other foodservice outlets have resulted in a decrease in demand for glass containers for on-premises consumption. The pandemic has also disrupted supply chains and production schedules, leading to operational challenges for glass container manufacturers.
The closure of manufacturing facilities and reduced workforce availability due to lockdowns and social distancing measures have led to production delays and increased costs. The shortage of raw materials, such as soda ash and sand, has also impacted the container glass industry.
Moreover, the economic downturn resulting from the pandemic has led to reduced consumer spending, affecting the sales of non-essential products such as cosmetics and luxury items that use glass packaging. Overall, the COVID-19 pandemic has created both challenges and opportunities for the container glass market. The full extent of the pandemic's impact on the industry remains to be seen as the world continues to navigate through the ongoing health crisis.
Investments in the Container Glass Market:
There have been several investments in the container glass market in recent years, driven by the demand for sustainable packaging solutions and the growth of the food and beverage industry. Here are a few examples:
- Expansion: In 2019, O-I announced a $60 million investment in its European facilities to expand production capacity for glass bottles. The investment includes upgrades to existing manufacturing lines and the installation of new equipment to improve efficiency and reduce energy consumption.
- Investment: In 2020, Ardagh Group announced a $195 million investment in its North American glass manufacturing operations. The investment includes upgrades to existing facilities and the construction of a new furnace in its Winchester, Indiana plant.
- Product Development: In 2021, Verallia announced a $247 million investment in its glass production facilities in France. The investment includes the construction of a new furnace in its Cognac plant and upgrades to its other facilities to improve sustainability and efficiency.
- Product Development: In 2020, Gerresheimer AG announced a €70 million investment in its glass manufacturing operations in Europe and North America. The investment includes upgrades to existing facilities and the construction of new production lines for glass containers.
- Product Development: In 2021, Vitro announced a $120 million investment in its glass container production facilities in Mexico. The investment includes the construction of a new furnace and upgrades to existing facilities to improve efficiency and sustainability.
These investments demonstrate the commitment of major players in the container glass market to improving their manufacturing processes and expanding their production capabilities.
Segment Analysis
Glass Type
The market is segmented into Borosilicate-Based and Soda-Lime-Silica-Based. Borosilicate-Based glass is made primarily of boron oxide, silica, and other additives. Borosilicate glass is known for its high thermal resistance, chemical durability, and low coefficient of thermal expansion. It is commonly used in laboratory glassware, lighting, and cookware. Soda-Lime-Silica-Basedglass is made primarily of silica, soda ash, and limestone, with other additives added for specific properties.
Soda-lime-silica glass is the most common type of glass used in containers, such as bottles and jars. It is known for its high chemical durability, transparency, and low cost. In terms of market share, soda-lime-silica-based glass dominates the container glass market due to its low cost and high availability. However, borosilicate-based glass is gaining popularity in certain applications where its high thermal resistance and chemical durability are required.
Forming Method Type
The market is segmented into Blow & Blow, Press & Blow, and Narrow Neck Press & Blow. Blow & Blow forming method involves blowing compressed air into a parison (a hollow glass tube), which is then shaped into the desired container shape by blowing it into a mold. Press & Blow forming method involves pressing a gob (a mass of molten glass) into a mold, followed by blowing compressed air into the parison to shape it into the desired container shape.
Narrow Neck Press & Blow forming method is similar to press & blow, but is used to create containers with narrow necks, such as bottles. The gob is pressed into a mold and then compressed air is used to shape the neck.
In terms of market share, blow & blow and narrow neck press & blow are the most commonly used forming methods for container glass production. Press & blow is less common, but is used for certain specialized applications. The choice of forming method depends on factors such as the desired container shape, production efficiency, and cost.
End User Type
The market is segmented into Foods & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Chemicals, and Others. Foods & Beverages segment includes glass containers used for packaging food and beverage products, such as beer bottles, wine bottles, and jars for sauces, jams, and pickles.
Cosmetics & Personal Care segment includes glass containers used for packaging cosmetics and personal care products, such as perfume bottles, lotion bottles, and jars for creams and balms.Pharmaceuticalssegment includes glass containers used for packaging pharmaceutical products, such as medicine bottles and vials.
Chemicals segment includes glass containers used for packaging chemicals, such as laboratory reagents, industrial solvents, and cleaning agents.Otherssegment includes glass containers used for packaging a variety of other products, such as candles, decorative items, and souvenirs.
In terms of market share, foods & beverages and cosmetics & personal care are the largest end user segments for container glass. Glass is a popular choice for packaging in these industries due to its ability to preserve the product, its aesthetic appeal, and its recyclability. The pharmaceutical and chemical industries also use glass containers for their high chemical resistance and durability.
Regional Analysis
The global container glass market can be segmented by region into North America, Europe, Asia-Pacific, Middle East & Africa, and South America. The container glass market in North America is driven by demand from the food & beverage, pharmaceutical, and cosmetics & personal care industries.
Europe container glass market is driven by demand from the food & beverage, pharmaceutical, and cosmetics & personal care industries. The region is also known for its high environmental awareness, which has led to increased demand for sustainable packaging materials such as glass.
In terms of market share, Europe and North America are the largest markets for container glass due to high demand from various industries and strong environmental regulations. However, the Asia-Pacific region is expected to show the highest growth in the coming years due to increasing industrialization and urbanization.
Research Methodology
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
