United States Container Glass Market is Segmented By Type (Bottles, Jars, Vials & Ampoules and Others), By Application (Cosmetic & Perfumes, Pharmaceu....
Market Size in USD Bn
CAGR3.9%
Study Period | 2024-2031 |
Base Year of Estimation | 2023 |
CAGR | 3.9% |
Largest Market | United States |
Market Concentration | High |
Major Players | Owens-Illinois, Inc. (OI), Ardagh Group, Verallia, Anchor Glass Container Corporation, Vitro Packaging and Among Others. |
United States container glass market is expected to be valued at US$ 11.61 Bn in 2024, and is expected to reach US$ 14.59 Bn by 2031, exhibiting a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031.
The container glass market in the U.S. is a significant part of the broader glass packaging industry. It involves the production and distribution of glass containers that are used for packaging various products, including beverages, food, pharmaceuticals, and cosmetics. Container glass is widely used for packaging various products due to its transparency, impermeability, and recyclability. It is commonly used for packaging beverages like beer, wine, and spirits, as well as food items such as sauces, condiments, and preserves.
United States Container Glass Market- Drivers
United States Container Glass Market- Opportunities
United States Container Glass Market- Restraints
United States Container Glass Market-Analyst Viewpoint
The United States container glass market has been witnessing steady growth over the past few years and is expected to continue on this upward trajectory. The food and beverage industry has been a key driver of demand as Americans consume more packaged foods and drinks coupled with the rising popularity of online grocery shopping. However, high raw material prices remain a concern as energy costs spike. Nonetheless, container glass recyclability provides an opportunity for manufacturers to boost supply through recycled content while promoting sustainability.
The Southeast region dominates container glass production led by states like Georgia and Texas with their industrial infrastructure and proximity to raw materials. However, the West Coast is emerging as the fastest growing market. States like California and Washington are hubs of food processing and witness strong demand from local craft breweries and wineries. While the Northeast market is mature, manufacturers are enhancing capabilities to tap rising health drink demand.
Overall, favorable demographics and changing consumer habits bode well for container glass. However, trade uncertainties and fluctuations in oil prices continue to inject volatility. Glass producers will need to strengthen partnerships with brand owners and leverage recycling to mitigate cost challenges. Expansion into value-added segments like specialty glass for luxury packaging also presents a new avenue for growth.
Light weighting technology: Light weighting initiatives involve the use of advanced manufacturing technologies to reduce the weight of glass containers. This not only improves the environmental footprint but also addresses concerns about transportation costs.
Innovative designs and shapes: Glass manufacturers continue to invest in innovative bottle designs and shapes to differentiate products on store shelves. Unique and aesthetically pleasing packaging can enhance brand identity and consumer appeal.
Craft beverage packaging: The rise of craft beverages, including craft beer, wine, and spirits, has led to increased demand for distinctive glass packaging. Craft producers often seek customized and unique bottle designs to stand out in a competitive market.
Smart packaging: Integration of smart packaging technologies is becoming more prevalent. This includes features like Quick Response Codes, Near Field Communication Tags, or Radio Frequency Identification Code technology on glass containers, thereby providing consumers with additional information or interactive experiences.
Figure 1. United States Container Glass Market Share (%), 2024
Owens-Illinois, Inc. (OI), Ardagh Group, Verallia, Anchor Glass Container Corporation, Vitro Packaging, Ardagh Glass Packaging
United States Container Glass Market
New Product Launches
Acquisition and partnerships
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What are the key factors hampering growth of the United States container glass market?
Competition from alternative materials, transportation costs and weight, environmental impact of production, fragility and breakage, cost of recycling and cullet quality are the key factors hampering growth of the United States container glass market.
What are the major factors driving the United States container glass market?
Sustainable packaging trends, preference for premium packaging, craft beverage boom, innovation in design and shape, and recycling initiatives are the major factors driving the United States container glass market.
Which is the leading component segment in the United States container glass market?
The leading component segment in the United States container glass market is bottles under by type.
Which are the major players operating in the United States container glass market?
The major players operating in the United States container glass market are The Owens-Illinois, Inc. (OI), Ardagh Group, Verallia, Anchor Glass Container Corporation, Vitro Packaging, Ardagh Glass Packaging - North America, and Glass Container Manufacturer's Institute (GCMI) Member Companies.
What will be the CAGR of United States container glass market?
The CAGR of the U.S. container glass market is 3.9%.