Glass Bottles and Containers Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to glass bottles and containers market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Glass Bottles and Containers Market News

in Glass Bottles and Containers Market
  • In November 2024, Amcor Plc announced its agreement to acquire Berry Global in an $8.4 billion all-stock deal. This merger aims to create a packaging powerhouse with combined revenues of $27.2 billion, enhancing their global footprint in the consumer and healthcare packaging sectors.
  • In December 2024, German packaging and medical equipment maker Gerresheimer announced its acquisition of Blitz LuxCo Sarl, the holding company of Bormioli Pharma Group, for €800 million ($866 million). This acquisition is set to establish a new 'moulded glass' business unit, expanding Gerresheimer's offerings in pharmaceutical packaging.
  • In December 2024, Veritiv completed its acquisition of Orora Packaging Solutions for $1.2 billion. This move is intended to enhance Veritiv’s specialty packaging distribution capabilities, while Orora transitions to focus on a dedicated beverage packaging business.

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Glass Bottles and Containers Market size was valued at USD 721.26 Billion in 2023 and is poised to grow from USD 75.3 Billion in 2024 to USD 106.27 Billion by 2032, growing at a CAGR of 4.4% in the forecast period (2025-2032).

The global glass bottles and containers industry features a highly competitive landscape characterized by a handful of key players dominating the industry. Companies like Owens-Illinois Inc., Ardagh Group, Vetropack Holding Ltd., and Vidrala S.A. are among the major players in this market. These companies compete based on factors such as product innovation, manufacturing efficiency, and geographical reach. They continuously invest in research and development to develop eco-friendly and lightweight glass containers while improving their production processes to meet the growing demand for sustainable packaging solutions. Additionally, strategic mergers and acquisitions are common strategies to expand their market presence and diversify their product portfolios. 'Amcor Plc', 'Berry Global Group', 'Veritiv', 'Gerresheimer AG', 'Bormioli Pharma Group', 'Veritiv Corporation', 'Orora Packaging Solutions', 'Ardagh Group', 'Owens-Illinois, Inc.', 'Saint-Gobain', 'Vidrala SA', 'GCA (Glass Containers of America)', 'ecoSPIRITS'

One of the primary drivers for the global glass bottles and containers industry is the growing global concern about environmental sustainability. Glass containers are considered eco-friendly because they are 100% recyclable and do not release harmful chemicals into the environment. As consumers and businesses alike become more environmentally conscious, there is a rising demand for glass packaging, especially in the food and beverage industry. This demand is driven by the desire to reduce plastic waste and minimize the carbon footprint associated with packaging materials.

Sustainable Packaging: One significant global glass bottles and containers market trend was the growing demand for sustainable packaging solutions. Consumers were becoming more environmentally conscious, leading to increased interest in glass containers as an eco-friendly option. Glass is highly recyclable and has a strong environmental appeal because it is inert, preserving the quality and flavor of the products it contains without leaching harmful chemicals. Additionally, glass containers were being designed with features such as lightweighting to reduce material usage and transportation costs.

How Are Premium Trends and Recycling Efforts Boosting Demand?

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Glass Bottles and Containers Market
Glass Bottles and Containers Market

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