Trends and Future Growth in the Glass Canned Packaging Market
The global canned glass packaging market was valued at approximately USD 7.05 billion in 2024 and is expected to grow to about USD 10.09 billion by 2034. This growth represents a compound annual growth rate (CAGR) of 3.65% over the forecast period from 2024 to 2034.
Download Statistical Data: https://www.towardspackaging.com/download-statistics/5344
The canned glass packaging market is growing due to rising demand in the food, beverage, and pharmaceutical industries for safe, eco-friendly, and contamination-free packaging solutions. This market is driven by the popularity of sustainable packaging and premium, aesthetically appealing bottles. Manufacturers produce a wide variety of glass containers with different shapes, sizes, and locking systems, catering to diverse consumer needs. The demand for lightweight glass packaging is also fueling growth.
Canned Glass Packaging Market Trends
- The availability of customization options for canned glass packaging for different markets according to their requirement led to growth in the business of this packaging market.
- The capacity to withstand external conditions and the transportation of these cans from one place to another in an organized manner led to the growth of the market. These bottles help to transport food products without any contamination.
- The growing demand for eco-friendly packaging raised the canned glass packaging market. As it can be recycled and reused several times which makes it more preferrable by consumers.
Key Companies in the Canned Glass Packaging Market
The canned glass packaging market is home to several prominent companies that lead the industry in innovation, sustainability, and production capabilities. Here are some of the key players:
- Owens-Illinois: A global leader in glass container manufacturing, Owens-Illinois is known for producing high-quality glass packaging for the food, beverage, and pharmaceutical sectors. The company focuses on sustainability and energy-efficient production methods.
- Bormioli Luigi: Based in Italy, Bormioli Luigi is a leading manufacturer of glass packaging, specializing in products for the food, beverage, and cosmetics industries. The company emphasizes the use of innovative designs and eco-friendly solutions.
- Verallia: Verallia is a major player in the glass packaging market, providing products for food, beverages, and pharmaceuticals. The company is committed to environmental sustainability and has a strong presence in Europe and Latin America.
- Allied Glass: A UK-based manufacturer, Allied Glass specializes in high-end glass packaging for premium spirits, food, and beverage sectors. They are known for their custom designs and commitment to sustainable practices.
- Ardagh Glass Group: Ardagh is one of the largest producers of glass packaging, serving global markets. With a focus on sustainability, they provide a range of products for the food, beverage, and healthcare industries.
- Vidrala: Vidrala is a leading European glass packaging producer with a focus on manufacturing bottles for the food and beverage industry. The company is known for its commitment to sustainable production processes.
- Nihon Yamamura: A major player in Japan’s glass packaging sector, Nihon Yamamura manufactures a variety of glass containers for the food, beverage, and pharmaceutical industries. The company focuses on innovation and product quality.
- Stölzle Glas Group: Specializing in high-quality glass packaging for food, beverages, and cosmetics, Stölzle Glas Group operates globally, with a strong focus on sustainability and custom designs for premium markets.
- Amcor: Amcor is a global packaging company that provides a wide range of packaging solutions, including glass containers for food and beverage industries. They emphasize innovation and sustainability in their manufacturing processes.
- HNGIL: Hindusthan National Glass & Industries Ltd (HNGIL) is one of India’s leading manufacturers of glass containers, supplying a broad range of products for the food and beverage sectors. The company has a strong focus on sustainability.
- HNG Glass Factory: A subsidiary of HNGIL, HNG Glass Factory produces high-quality glass packaging products and is known for its large-scale production capacity and sustainable practices.
- Orora Ltd: An Australian-based packaging company, Orora Ltd manufactures glass containers for the beverage and food industries. The company focuses on high-quality, environmentally friendly packaging solutions.
- WestRock: WestRock provides sustainable packaging solutions, including glass containers for various industries. The company is committed to driving innovation and sustainability throughout its production processes.
Buy Premium Global Insight: https://www.towardspackaging.com/price/5344
Get the latest insights on packaging industry segmentation with our Annual Membership – https://www.towardspackaging.com/get-an-annual-membership
If you have any questions, please feel free to contact us at sales@towardspackaging.com
Browse our Brand-New Journal:
https://www.towardshealthcare.com
https://www.towardsautomotive.com
For Latest Update Follow Us: https://www.linkedin.com/company/towards-packaging/
Get Our Freshly Printed Chronicle: https://www.packagingwebwire.com/