With the growing demand from the food & beverages and personal care & cosmetics industries, the glass packaging industry is anticipated to grow during the forecast period. The rise in demand for the product for safe and healthy packaging solutions is one of the key factors responsible for propelling the market growth.
As per a report by Fortune Business Insights™, the market for glass packaging is projected to grow from USD 62.95 billion in 2022 to USD 86.54 billion by 2030 with a CAGR of 4.2% over the forecast period. The market is expected to reach the valuation of USD 64.97 billion in 2023.
Fortune Business Insights™ Profiles Top 10 Key Players/Companies of Glass Packaging
1. Ardagh Group S.A
The company was founded in 1932, headquartered in Luxembourg. It is a producer of metal and glass packaging products. Ardagh has 65 metal and glass production facilities in 16 countries. The company yields advanced and unique glass packaging in all shapes and sizes for brand owners globally and compromises a choice of almost 20 colors.
In November 2022, Ardagh Glass Packaging in Limmared, a subsidiary of Ardagh Group, in an agreement with Absolut Vodka decided to replace 20% of its natural gas with green hydrogen to manufacture all of Absolut’s bottles.
2. Verallia
The company was established in 1827 and is headquartered in France. The company is the third-largest glass packaging manufacturer for food and beverage products globally. With four décor plants, 34 glass plants, and nine cullet (glassware) processing centers in 12 countries, Verallia manufactures 16 billion glass bottles and jars annually to supply 10,000 companies.
In November 2022, Verallia, in an agreement with Sun European Partners LLP, acquired Allied Glass in the U.K. Under this acquisition, Verallia will benefit from Allied’s expertise in premium glass bottles, specifically in the gin and scotch whisky sectors.
3. Owens-Illinois Inc.
The company was founded in 1929 and is headquartered in Ohio. Owens-Illinois is one of the world’s leading glass packaging manufacturers. The company has a presence in more than 20 countries globally.
In July 2022, Owens-Illinois Inc. built a new greenfield glass plant in Bowling Green, KY. The company provides its support to customers with brand-building premium glass containers toward recyclable, healthy, and sustainable food and beverage packaging.
4. Vetropack Group
The company was established in 1911. It is headquartered in Bulach, Schweiz. The company provides around 2,500 glass containers to preserve food and beverage items safely. Moreover, despite eight standard glass bottle shades, the company offers customized individual color shades on customer request.
In November 2022, The Vetropack Group invested in a new plant for the traditionally noteworthy Italian marketplace. Production is expected to jump in Boffalora Sopra Ticino near Milan in 2023.
5. AGI Glasspack Ltd
The company is known to manufacture high-quality glass containers to meet the demanding and stringent standards for the packaging requirements of food, soft drinks, wine, pharmaceuticals, spirits, beer, and other industries. The product range varies from a small 5 ml pharma bottle to a 4,000 ml chemical/food jar.
In March 2021, AGI Glaspack made an investment of USD 6.7 billion to construct a new furnace of 154 TPD AGI specialty glass division for the company’s Bhongir plant in Telangana. The high-quality specialty glass will provide to pharmaceuticals, carbonated water, cosmetics, and sparkling wine industries.
Starglassbottle: Innovation and Spot Advantage of Emerging Glass Bottle Manufacturers
Core positioning
Starglassbottle is a global supplier specializing in the design and large-scale production of new glass bottles. With its ability to quickly respond to the market and advantage in spot reserves, it has quickly become a competitive brand in the fields of food, beverage, cosmetics, and pharmaceutical packaging. Its business model integrates the traditional glass manufacturing process with digital supply chain management, meeting customers’ dual expectations for diversified needs and instant delivery.
Core advantages and business highlights
Spot reserves and flexible supply
Massive stock coverage of mainstream specifications: providing standardized glass bottles ranging from 30ml to 750ml (such as Boston round bottles, square bottles, special skull shaped bottles, etc.), with the fastest support for same day shipping to meet urgent procurement needs.
Multi scene adaptation: the product line covers alcohol (vodka, whisky), cosmetics (lotion bottles, perfume bottles), food (olive oil bottles) and pharmaceutical packaging, with inventory depth of 600000 bottles per day to ensure the stability of the supply chain.
Innovative design and customized services
Special styling technology: Using an intelligent mold system, it can produce shaped bottles (such as the skull shaped bottle mentioned on website 9), embossed craft bottles, and intelligent temperature controlled glass containers, supporting brand differentiation competition.
Quick customization cycle: From design to sample delivery, it only takes 15-20 working days, supporting small batch trial production (MOQ as low as 10000 pieces), reducing customer trial and error costs.
Sustainable Manufacturing and Compliance Certification
Environmental protection technology: Introducing green hydrogen energy (referring to Ardagh Group technology) to replace traditional fuels and reduce carbon emissions; Using 100% recyclable glass raw materials that comply with EU and FDA standards.
Global compliance: Through ISO, LFGB, and SGS certification, ensure that the product is suitable for food contact and pharmaceutical grade packaging.
Customer Value and Market Positioning
Starglassbottle focuses on small and medium-sized brands and emerging markets, reducing procurement barriers through spot inventory, while helping customers increase product premiums through innovative design.