North America Glass Packaging Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 4.1 % from 2023 to 2033
• The North America Glass Packaging Market Size is Expected to Hold a Significant Share by 2033

The North America Glass Packaging Market is Anticipated to Hold a Significant Share by 2033, growing at a CAGR of 4.1 % from 2023 to 2033.

Market Overview

Glass packaging is a type of rigid packaging that covers and protects contents with glass packaging products of various densities, sizes, and shapes. Glass packaging materials available on the market include containers and bottles, among others. These materials have no effect on the texture, makeup, or flavor of the current contents of the jar. This type of packaging is widely used in the production of alcoholic and non-alcoholic beverages, food, pharmaceuticals, personal care, beauty goods, and other products. Rising consumer demand for safer and healthier packaging is a major growth driver in North America's glass packaging market. Also, innovative technologies for embossing, shaping, and applying artistic finishes to glass make it more appealing to consumers. The growing popularity of environmentally friendly packaging products, as well as increased demand for glass packaging from the food and beverage industry, are expected to boost the growth of the North American glass packaging market.

Report Coverage

This research report categorizes for the North America glass packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the North America glass packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the North America glass packaging market.

Driving Factors

The need for an efficient process and long-lasting glass packaging has been a driving force behind this industry. Almost every manufacturing industry requires a different glass packaging technique when packaging their products. The demand for improved aesthetics has increased, and industries are investing to meet market demands. Environment-friendly glass packaging is also in high demand, as the world shifts toward more environmentally friendly consumption. This has resulted in technological advancements and, consequently, industry improvements. These glass packaging can also be used to perform waterproofing operations, which expands the industry's offerings.

Restraining Factors

Despite the numerous environmental benefits of glass packaging, engineered plastic is used in a variety of industries, outnumbering glass packaging products. This is a major impediment to the expansion of the glass packaging industry in North America.

Market Segmentation

The North America glass packaging market share is classified into product and glass type

• The bottles segment is expected to hold the largest market share through the forecast period.

The North America glass packaging market is segmented by product into bottles, jars, vials, ampoules, and others. Among these, the bottles segment is expected to hold the largest market share through the forecast period. The bottles are majorly used in the pharmaceutical glass packaging industry, because of their strong analytical performance and exceptional sustainability the bottle segments will continue dominates the market.

• The type I (borosilicate) segment is expected to dominate the North America glass packaging market during the forecast period.       

Based on the glass type, the North America glass packaging market is divided into type I (borosilicate), type II (soda lime), type III (soda lime oxide), type IV (borate), and others. Among these, the type I (borosilicate) segment is expected to dominate the North America glass packaging market during the forecast period. The borosilicate segment has the largest market share due to the material's exceptional durability and chemical resistance; borosilicate is ten times stronger than soda-lime glass. Borosilicate glass can withstand a wide range of temperatures, making it ideal for packaging, especially for the pharmaceutical industry, which requires medicines to be stored at low temperatures.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the North America glass packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Owens Illinois Inc
• The Sherwin Williams Company
• RPM International Inc
• Hng Float Glass
• AGI Glasspack
• Vidrala SA
• BA Vidro
• Huaxing Glass
• Yantai Changyu Glass
• Shandong Huapeng Glass
• Ardagh Packaging Group PLC
• Amcor Limited
• Gerresheimer AG
• Aptar Group
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In January 2022, Gerresheimer has announced plans to expand its glass vial capacity at the Wertheim site as well as two other locations in the United States and China. The company was expanding its Wertheim production capacity by 150 million vials per year.

Market Segment

This study forecasts revenue at North America, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the North America glass packaging market based on the below-mentioned segments:

North America Glass Packaging Market, By Product

• Bottles
• Jars
• Vials
• Ampoules
• Others

North America Glass Packaging Market, By Glass Type

• Type I (Borosilicate)
• Type II (Soda Lime)
• Type III (Soda Lime Oxide)
• Type IV (Borate)
• Others