Asia Pacific Glass Packaging Market Growth, Size, Trends, Share, Revenue and Future Outlook
Asia-Pacific Glass Packaging Market Size- By Product Type, By End User- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
| Published: Mar-2024 | Report ID: PACK2403 | Pages: 1 - 158 | Formats*: |
| Category : Packaging | |||
Asia-Pacific Glass Packaging Market Introduction and Overview
According to SPER Market Research, the Asia-Pacific Glass Packaging Market is estimated to reach USD 59.09 billion by 2033 with a CAGR of 5.75%.
The report includes an in-depth analysis of the Asia-Pacific Glass Packaging Market, including market size and trends, product mix, distribution channels, and supplier analysis. Due to its adaptability and durability, glass packaging is a popular way for holding a wide range of products. This packaging solution is made by melting silica, soda ash, limestone, and other raw ingredients together at high temperatures to form a rigid, non-porous polymer. Glass packaging has various advantages, including impermeability, which maintains the quality and freshness of its contents by preventing oxygen and other gases from entering. Furthermore, glass is inert and non-reactive, so it does not interact with the packaged product, preserving its flavor and purity.
- November 2022: Epice was declared the winner of the Trendtag Glas award by Weigand-Glass GmBH for its tasteful and elegant packaging of the fragile glass bottle, which highlighted the high caliber of the contents and securely shielded the dried flowers that are sensitive to scent.
- In May 2022: Gerresheimer announced the opening of new facilities in India to meet the demands of its pharmaceutical customers worldwide. The new facilities include state-of-the-art, environmentally friendly furnace technology for glass production.
Market Opportunities and Challenges
Opportunities: The advantages of glass for the environment will cause demand to soar. Due to its 100% recyclable nature, glass packaging is expected to become more popular over the course of the forecast period. Glass is now gaining just enough attention in the industry as an efficient and environmentally friendly packaging choice. Recycling glass reduces the environmental impact of the product's carbon footprint and preserves raw materials. Utilizing more bottled beverages globally in order to grow the market demand for glass packaging in the market is solely driven by the beverage industry, specifically the alcoholic beverage segment. More than half of the demand for glass containers worldwide comes from the beer industry.
Challenges: Alternative options for packing Growing consumer preferences for plastic packaging materials are predicted to constrain the glass materials market. Manufacturers also prefer plastic because of its flexible and lightweight nature. Therefore, there will be some effect on market growth from the growing usage of plastic as a packaging material. Production requiring a lot of energy The energy-intensive process of making glass requires high temperatures to process the raw components. Furthermore, glass costs more than other packing materials. These elements are all likely to restrict the glass packaging industry's expansion.
Market Competitive Landscape
The market for glass packaging in Asia-Pacific is highly fragmented. Large companies in the Asia-Pacific area, including as Amcor, AptarGroup, Bemis, Piramal Glass Company, MTS Medication Technologies, and Sonoco Products Company, are investing heavily in research and development in order to advance the market and digitize the packaging industry.
Scope of the Report:
| Report Metric | Details |
| Market size available for years | 2020-2033 |
| Base year considered | 2023 |
| Forecast period | 2024-2033 |
| Segments covered | By Product Type, By End User |
| Regions covered | China, Japan, India, Rest of Asia-Pacific |
| Companies Covered | Amcor Ltd, Bemis Company Inc., Gerresheimer AG, Hindustan National Glass & Industries Ltd, MTS Medication Technologies (Omnicell Inc.), Piramal Glass Company, RPC Group, Saver Glass, Sonoco Products Company, Tetra Laval, and Others. |
COVID-19 Impact on Asia-Pacific Glass Packaging Market
The glass packaging industry has had mixed results from COVID-19. Demand for a number of products has surged during this pandemic. Packaging for groceries, healthcare, and online sales has become far more necessary. The need for business-to-business, luxury, and industrial transportation has declined, nevertheless. The portfolio and exposure to different geographies of packaging firms determine the impact.
Key Target Audience:
- Manufacturers and Suppliers
- Packaging Industry Professionals
- Distributors and Wholesalers
- Retailers and E-commerce Platforms
- Investors and Financial Institutions
- Government Agencies and Regulatory Bodies
- Research Institutions and Academics
- Environmental Organizations
Our in-depth analysis of the Asia-Pacific Glass Packaging Market includes the following segments:
| By Product Type: |
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| By End User: |
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| By Region: |
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Key Topics Covered in the Report:
- Asia-Pacific Glass Packaging Market Size (FY’2024-FY’2033)
- Overview of Asia-Pacific Glass Packaging Market
- Segmentation of Asia-Pacific Glass Packaging Market By Product Type (Bottles and Jars)
- Segmentation of Asia-Pacific Glass Packaging Market By End User (Food, Beverage, Personal Care, Healthcare, Household Care, Pharmaceutical, Others)
- Expansion Analysis of Asia-Pacific Glass Packaging Market
- Problems and Obstacles in Asia-Pacific Glass Packaging Market
- Competitive Landscape in the Asia-Pacific Glass Packaging Market
- Impact of COVID-19 and Demonetization on Asia-Pacific Glass Packaging Market
- Details on Current Investment in Asia-Pacific Glass Packaging Market
- Competitive Analysis of Asia-Pacific Glass Packaging Market
- Prominent Players in the Asia-Pacific Glass Packaging Market
- SWOT Analysis of Asia-Pacific Glass Packaging Market
- Asia-Pacific Glass Packaging Market Future Outlook and Projections (FY’2024-FY’2033)
- Recommendations from Analyst
1. Introduction
1.1. Scope of the report1.2. Market segment analysis
2. Research Methodology
2.1. Research data source2.1.1. Secondary Data2.1.2. Primary Data2.1.3. SPER’s internal database2.1.4. Premium insight from KOL’s2.2. Market size estimation2.2.1. Top-down and Bottom-up approach
2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
4.1. Driver, Restraint, Opportunity and Challenges analysis4.1.1. Drivers4.1.2. Restraints4.1.3. Opportunities4.1.4. Challenges4.2. COVID-19 Impacts of the Asia-Pacific Glass Packaging Market
5. Market variable and outlook
5.1. SWOT Analysis5.1.1. Strengths5.1.2. Weaknesses5.1.3. Opportunities5.1.4. Threats5.2. PESTEL Analysis5.2.1. Political Landscape5.2.2. Economic Landscape5.2.3. Social Landscape5.2.4. Technological Landscape5.2.5. Environmental Landscape5.2.6. Legal Landscape5.3. PORTER’s Five Forces5.3.1. Bargaining power of suppliers5.3.2. Bargaining power of buyers5.3.3. Threat of Substitute5.3.4. Threat of new entrant5.3.5. Competitive rivalry5.4. Heat Map Analysis
6. Competitive Landscape
6.1. Asia-Pacific Glass Packaging Market Manufacturing Base Distribution, Sales Area, Product Type6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Asia-Pacific Glass Packaging Market
7. Asia-Pacific Glass Packaging Market, By Product Type (USD Million)
7.1. Asia-Pacific Glass Packaging Market Value Share and Forecast, By Product Type, 2024-20337.2. Bottles and Jars7.3. Caps and Closures7.4. Trays and Containers7.5. Vials7.6. Labels7.7. Others
8. Asia-Pacific Glass Packaging Market, By End User (USD Million)
8.1. Asia-Pacific Glass Packaging Market Value Share and Forecast, By End User, 2024-20338.2. Food8.3. Beverage8.4. Personal Care8.5. Healthcare8.6. Household Care8.7. Pharmaceutical8.8. Others
9. Asia-Pacific Glass Packaging Market Forecast, 2020-2033 (USD Million)
9.1. Asia-Pacific Glass Packaging Market Size and Market Share
10. Asia-Pacific Glass Packaging Market, By Product Type, 2020-2033 (USD Million)
10.1. Asia-Pacific Glass Packaging Market Size and Market Share By Product Type (2020-2026)10.2. Asia-Pacific Glass Packaging Market Size and Market Share By Product Type (2027-2033)
11. Asia-Pacific Glass Packaging Market, By Shipment Weight, 2020-2033 (USD Million)
11.1. Asia-Pacific Glass Packaging Market Size and Market Share By Shipment Weight (2020-2026)11.2. Asia-Pacific Glass Packaging Market Size and Market Share By Shipment Weight (2027-2033)
12. Asia-Pacific Glass Packaging Market, By End user, 2020-2033 (USD Million)
12.1. Asia-Pacific Glass Packaging Market Size and Market Share By End user (2020-2026)12.2. Asia-Pacific Glass Packaging Market Size and Market Share By End user (2027-2033)
13. Asia-Pacific Glass Packaging Market, By Region, 2020-2033 (USD Million)
13.1. Asia-Pacific Glass Packaging Market Size and Market Share By Region (2020-2026)13.2. Asia-Pacific Glass Packaging Market Size and Market Share By Region (2027-2033)13.3. China13.4. Japan13.5. India13.6. Rest of Asia-Pacific
14. Company Profile
14.1. Amcor Ltd14.1.1. Company details14.1.2. Financial outlook14.1.3. Product summary14.1.4. Recent developments14.2. Bemis Company Inc.14.2.1. Company details14.2.2. Financial outlook14.2.3. Product summary14.2.4. Recent developments14.3. Gerresheimer AG14.3.1. Company details14.3.2. Financial outlook14.3.3. Product summary14.3.4. Recent developments14.4. Hindustan National Glass & Industries Ltd14.4.1. Company details14.4.2. Financial outlook14.4.3. Product summary14.4.4. Recent developments14.5. MTS Medication Technologies (Omnicell Inc.)14.5.1. Company details14.5.2. Financial outlook14.5.3. Product summary14.5.4. Recent developments14.6. Piramal Glass Company14.6.1. Company details14.6.2. Financial outlook14.6.3. Product summary14.6.4. Recent developments14.7. RPC Group14.7.1. Company details14.7.2. Financial outlook14.7.3. Product summary14.7.4. Recent developments14.8. Saver Glass14.8.1. Company details14.8.2. Financial outlook14.8.3. Product summary14.8.4. Recent developments14.9. Sonoco Products Company14.9.1. Company details14.9.2. Financial outlook14.9.3. Product summary14.9.4. Recent developments14.10. Tetra Laval14.10.1. Company details14.10.2. Financial outlook14.10.3. Product summary14.10.4. Recent developments14.11. Others
15. List of Abbreviations
16. Reference Links
17. Conclusion
18. Research Scope
SPER Market Research’s methodology uses great emphasis on primary research to ensure that the market intelligence insights are up to date, reliable and accurate. Primary interviews are done with players involved in each phase of a supply chain to analyze the market forecasting. The secondary research method is used to help you fully understand how the future markets and the spending patterns look likes.
The report is based on in-depth qualitative and quantitative analysis of the Product Market. The quantitative analysis involves the application of various projection and sampling techniques. The qualitative analysis involves primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes are validated through experts opinion. Our research methodology entails an ideal mixture of primary and secondary initiatives.
Frequently Asked Questions About This Report
Asia-Pacific Glass Packaging Market is projected to reach USD 59.09 billion by 2033, growing at a CAGR of 5.75% during the forecast period.
Asia-Pacific Glass Packaging Market size from 2022. The Market is expected to reach USD 59.09 by 2033, at a CAGR of 5.75% during the forecast period.
Asia-Pacific Glass Packaging Market CAGR of 5.75% during the forecast period.
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Asia-Pacific Glass Packaging Market size is 59.09 billion from 2024 to 2033.
Asia-Pacific Glass Packaging Market Segment is covered By Product Type, By End User.
The Asia-Pacific is anticipated to have the highest market share in the Asia-Pacific Glass Packaging Market.
The key players in the market include Companies Covered Amcor Ltd, Bemis Company Inc., Gerresheimer AG, Hindustan National Glass & Industries Ltd, MTS Medication Technologies (Omnicell Inc.), Piramal Glass Company, RPC Group, Saver Glass, Sonoco Products Company, Tetra Laval, and Others.
This packaging solution is made by melting silica, soda ash, limestone, and other raw ingredients together at high temperatures to form a rigid, non-porous polymer. Glass packaging has various advantages.
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