Global Market Size, Forecast, and Trend Highlights Over 2025-2037
Glass Packaging Market size is set to rise from USD 77.86 billion in 2024 to USD 156.17 billion by 2037, demonstrating a CAGR of more than 5.5% throughout the forecast period, from 2025 to 2037. Currently in 2025, the industry revenue of glass packaging is evaluated at USD 80.86 billion.
The growth of the market can primarily be accounted to the growing utilization of glass bottles owing to the higher consumption of beverages. For instance, it was estimated that approximately 65% of adults consume sugar-sweetened beverages on a daily basis.
Global glass packaging market trends such as, rising sales of ready-to-eat meals and growing demand for snacks are projected to influence the growth of the market positively over the forecast period. For instance, in 2022, about USD 55 billion of revenue was solely generated by ready-to-eat meals. Moreover, the rising inclination of the population toward social drinking and significant increment in disposable income is further expected to hike the growth of the market over the forecast period. In 2021, the disposable income in the United States is estimated to be approximately USD 15 trillion. Such factors are anticipated to hike the growth of the market over the forecast period.
Glass Packaging Sector: Growth Drivers and Challenges
Growth Drivers
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Growing Consumption and Export/Import Volume of Alcohol - As of 2022, alcoholic beverage worth nearly USD 275 million was exported from India while the total import volume in India from the United States was valued at around USD 300 million.Alcohol is consumed on a higher scale across the globe every day. For instance, approximately 70% people of the population reported having some sort of drinking disorder. Additionally, alcohol has other utilization in cosmetics, medicines, and other verticals and it is highly packed in glass bottles for distribution. Hence, such a higher utilization is estimated to push the market growth over the forecast period.
- Convenient Recycling of the Glass Bottles - It was observed that approximately 40% of bottles of beer and soft drinks were recovered for recycling in 2018.
- Higher Demand for Glass Packaging in Fragrance Industry - In 2018, the sales volume of perfume was estimated to be about USD 45 billion worldwide, out of which, around USD 450 million came from the women’s segment alone.
- Increasing Utilization of Glass Packaging in Tea & Coffee - For instance, approximately 300 billion liters of tea were consumed in 2021.
Challenges
- Requirement for Higher Initial Investment
- Decline in the Supply-Chain due to COVID-19
- Presence of Alternatives in the Market
Glass Packaging Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
5.5% |
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Base Year Market Size (2024) |
USD 77.86 billion |
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Forecast Year Market Size (2037) |
USD 156.17 billion |
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Regional Scope |
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Glass Packaging Segmentation
Application (Food & Beverage, Personal Care, Cosmetics, Pharmaceuticals, Household Care, Agriculture)
The global glass packaging market is segmented and analyzed for demand and supply by application into food & beverage, personal care, cosmetics, pharmaceuticals, household care, agriculture, and others, out of which, the food & beverage segment is projected to witness noteworthy growth over the forecast period. The growth of the segment can be accounted to the higher demand for glass packaging in the respective industry. As of 2022, the food and drink segment was valued at about USD 0.75 billion.
Our in-depth analysis of the global market includes the following segments:
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By Glass Type |
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By Application |
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Customize this ReportGlass Packaging Industry - Regional Synopsis
Regionally, the market for glass packaging is studied into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Amongst these markets, the market in the Asia Pacific region is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising population boosting the demand for alcohol, ready-to-eat meals, and soft drinks, and changing perception toward social drinking. It was observed that in 2018, the total population of Asia Pacific reached nearly 4500 million and is further estimated to rise exponentially. Therefore, such factors are anticipated to hike the growth of the market in the region during the forecast period.
Companies Dominating the Glass Packaging Landscape
- Ardagh Group S.A.
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- PGP Glass Private Limited
- Verallia Group
- Bormioli Luigi S.p.A.
- VITRO Flat Glass LLC
- Stoelzle Oberglas GmbH
In the News
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Stoelzle Oberglas GmbH to receive an award from UK Packaging Awards 2022 for its Dragon Slayer Gin bottle. Both the bottle and gin represent the heritage and culture of dragon folklore and are made with locally sourced ingredients.
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Ardagh Group S.A. unit Ardagh Glass packaging to collaborate with Belvoir Farm and B&B Studio. The collaboration between these companies took place to develop a new design of glass bottles to be launched within the upcoming range of Belvoir Farm for non-alcoholic Botanical Sodas.
Author Credits: Abhishek Anil
- Report ID: 4645
- Published Date: Mar 21, 2025
- Report Format: PDF, PPT
