The glass packaging market has been growing steadily due to various factors such as increasing demand for sustainable and eco-friendly packaging, rising health concerns among consumers, and growth in the food and beverage industry. Glass packaging offers various advantages such as preserving the taste and quality of the products, being easily recyclable and reusable, and providing a premium look and feel. However, the market faces challenges such as high production costs and competition from alternative packaging materials. The COVID-19 pandemic has also affected the market, leading to supply chain disruptions and changes in consumer behavior. Overall, the glass packaging market is expected to continue to grow in the coming years, driven by sustainability trends and increasing demand for premium packaging solutions.
Global Glass Packaging Market was valued at US$ 63.8 Billion in 2021 in terms of revenue, exhibiting a CAGR of 3.7% during the forecast period (2022 to 2030).
Key Companies in the Glass Packaging Industry:
1.Amcor Ltd
Founded in 1860, Amcor Ltd is a global leader in packaging solutions with headquarters in Melbourne, Australia. It operates in over 40 countries around the world, including the United States, China, Brazil, and India. In January, 2023 Amcor a global leader in developing and producing responsible packaging solutions, today announced it has entered into an agreement to acquire Shanghai-based MDK. MDK generates annual sales of approximately $50 million and is a leading provider of medical device packaging, a key priority growth segment for Amcor.
2. Ardagh Group
Founded in 1932, Ardagh Group is a multinational packaging company with headquarters in Dublin, Ireland. It operates in 22 countries worldwide, including the United States, Europe, and South America.
3.Gerresheimer
Founded in 1864, Gerresheimer is a leading manufacturer of glass and plastic packaging products with headquarters in Düsseldorf, Germany. It operates in over 40 countries worldwide, including the United States, Europe, and Asia.
4.Hindustan National Glass & Industries Ltd
Founded in 1946, Hindustan National Glass & Industries Ltd is a leading manufacturer of glass packaging products with headquarters in Kolkata, India. It operates in multiple countries, including India, the United Arab Emirates, and Bangladesh. In 2021, the company announced that it had successfully commissioned a new glass bottle manufacturing plant in Ethiopia.
5. Koa Glass Co. Ltd.
Founded in 1958, Koa Glass Co. Ltd. is a Japanese company that manufactures glass products with headquarters in Hyogo, Japan. It operates in multiple countries, including Japan, China, and Thailand. In 2021, the company announced that it had developed a new type of glass bottle with improved durability and heat resistance, which is suitable for storing high-temperature liquids such as cooking oils.
6. Owens Illinois Inc
Founded in 1903, Owens Illinois Inc is a leading glass packaging company with headquarters in Perrysburg, Ohio, United States. It operates in over 20 countries worldwide, including the United States, Europe, and South America. In May, 2022 Coca-Coca Bottling Company UNITED is committed to creating a World without Waste and has a goal of using 50% recycled material in their bottles by 2030. The bottling company is partnering with O-I Glass to capture more recycled glass to be created into new glass bottles.
7. Piramal Glass Limited
Founded in 1984, Piramal Glass Limited is an Indian glass packaging company with headquarters in Mumbai, India. It operates in multiple countries, including the United States, the United Kingdom, and Sri Lanka.
8. Saint-Gobain
Founded in 1665, Saint-Gobain is a French multinational company that produces glass, construction materials, and other industrial products. Its headquarters are located in La Défense, near Paris, France. It operates in over 70 countries worldwide, including the United States, Europe, and Asia. In 2021, the company announced that it had acquired a Canadian company, HyComp LLC, which specializes in the production of high-performance composite materials.
9. Heinz-Glas
Founded in 1622, Heinz-Glas is a German glass manufacturing company with headquarters in Kleintettau, Germany. It operates in multiple countries, including Germany, the United States, and Poland. In 2021, the company announced that it had launched a new product line of eco-friendly glass jars made from recycled materials.
10. Wiegand-Glas
Founded in 1913, Wiegand-Glas is a German glass packaging company with headquarters in Steinbach am Wald, Germany. It operates in multiple countries, including Germany, the United States, and China.
11. Vidrala SA
Founded in 1965, Vidrala SA is a Spanish glass packaging company with headquarters in Llodio, Spain. It operates in multiple countries, including Spain, Portugal, and the United Kingdom.
12. Vitro Packaging
Founded in 1909, Vitro Packaging is a Mexican glass packaging company with headquarters in Monterrey, Mexico. It operates in multiple countries, including Mexico, the United States, and Colombia.
13. Nihon Yamamura
Founded in 1909, Nihon Yamamura is a Japanese glass packaging company with headquarters in Tokyo, Japan.
*Definition- Glass packaging refers to the use of glass as a material for containers such as bottles and jars, for the purpose of storing and transporting various products, including food, beverages, and pharmaceuticals.
