The North American glass packaging market is expected to grow at a CAGR of 2.98%, reaching a market size of US$19.657 billion in 2029 from US$16.971 billion in 2024.
One of the leading factors for using glass packaging is the rapid growth of the healthcare sector alongside the flourishing circular economy. The United Nations proclaimed 2022 as the International Year of Glass to support a circular economy and contribute to global sustainable development. For instance, Canada and the United States have been undertaking various measures to realize Sustainable goals. In addition, glass has an important role in glass packaging because it’s one of the rare materials that is 100% reusable and infinitely recyclable in a bottle-to-bottle loop without losing any quality.
Furthermore, it is utilized to preserve goods that may undergo different circumstances. The U.S. Food & Drug Administration rated this medium as safe. Many types of containers are made from glass, including, but not limited to, beverages and food, cosmetics, pharmaceuticals, etc. As such, beverage packaging occupies more than half of the glass packaging Industry.
One of the leading factors for using glass packaging is the rapid growth of the healthcare sector alongside the flourishing circular economy. The United Nations proclaimed 2022 as the International Year of Glass to support a circular economy and contribute to global sustainable development. For instance, Canada and the United States have been undertaking various measures to realize Sustainable goals. In addition, glass has an important role in glass packaging because it’s one of the rare materials that is 100% reusable and infinitely recyclable in a bottle-to-bottle loop without losing any quality.
Furthermore, it is utilized to preserve goods that may undergo different circumstances. The U.S. Food & Drug Administration rated this medium as safe. Many types of containers are made from glass, including, but not limited to, beverages and food, cosmetics, pharmaceuticals, etc. As such, beverage packaging occupies more than half of the glass packaging Industry.
North America Glass Packaging Market Drivers:
- Increasing demand for alcoholic beverages
North America Glass Packaging Market Geographical Outlook
- The United States is expected to hold a significant market share in the forecast period.
Reasons for buying this report::
- Insightful Analysis: Gain detailed market insights covering major as well as emerging geographical regions, focusing on customer segments, government policies and socio-economic factors, consumer preferences, industry verticals, other sub- segments.
- Competitive Landscape: Understand the strategic maneuvers employed by key players globally to understand possible market penetration with the correct strategy.
- Market Drivers & Future Trends: Explore the dynamic factors and pivotal market trends and how they will shape up future market developments.
- Actionable Recommendations: Utilize the insights to exercise strategic decision to uncover new business streams and revenues in a dynamic environment.
- Caters to a Wide Audience: Beneficial and cost-effective for startups, research institutions, consultants, SMEs, and large enterprises.
What do businesses use our reports for?
Industry and Market Insights, Opportunity Assessment, Product Demand Forecasting, Market Entry Strategy, Geographical Expansion, Capital Investment Decisions, Regulatory Framework & Implications, New Product Development, Competitive IntelligenceReport Coverage:
- Historical data & forecasts from 2022 to 2029
- Growth Opportunities, Challenges, Supply Chain Outlook, Regulatory Framework, Customer Behaviour, and Trend Analysis
- Competitive Positioning, Strategies, and Market Share Analysis
- Revenue Growth and Forecast Assessment of segments and regions including countries
- Company Profiling (Strategies, Products, Financial Information, and Key Developments among others)
The North American Glass Packaging market is segmented and analyzed as follows:
- By Application
- Soft Drinks
- Fruit Drinks
- Pharmaceuticals
- Personal Care
- Alcoholic Drinks
- Others
- By Geography
- United States
- Canada
- Mexico
Table of Contents
1. INTRODUCTION
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
5. NORTH AMERICA GLASS PACKAGING MARKET BY APPLICATION
6. NORTH AMERICA GLASS PACKAGING MARKET BY GEOGRAPHY
7. COMPETITIVE ENVIRONMENT AND ANALYSIS
8. COMPANY PROFILES
Companies Mentioned
Some of the key companies profiled in this North America Glass Packaging Market report include:- Gerresheimer AG
- Kaufman Container
- Ardagh Group
- Owens-Illinois, Inc.
- Amcor Plc.
- AptarGroup, Inc.
Methodology
LOADING...
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 114 |
Published | September 2024 |
Forecast Period | 2024 - 2029 |
Estimated Market Value ( USD | $ 16.97 billion |
Forecasted Market Value ( USD | $ 19.66 billion |
Compound Annual Growth Rate | 2.9% |
Regions Covered | North America |
No. of Companies Mentioned | 7 |