With the increasing concern for sustainable development, there is a huge demand for bottle glass. Container glass is used to make glass containers and is an ideal choice for storing perishable and non-perishable goods.
In recent years, continuous efforts to reduce plastic consumption have boosted the demand for bottle glass. People are gradually realizing that the overflow of plastic from landfills and the suffocation of the seabed have caused a shift in consumption patterns.
Therefore, consumers tend to choose glass instead of plastic bottles and other containers. In addition, the ease of recyclability of glass and its lower carbon footprint have also prompted end users to choose bottled glass to store items instead of cheaper alternatives.
The long shelf life and the deterioration of the substance in the bottles and cans have promoted market demand
The world bottled glass market is developing, and glass will not react with the substances stored in it. In addition, it also prolongs the shelf life of the material, and the product can be stored safely for longer.
Container glass also remains unchanged in its shape, color and design, which makes it an ideal choice for packaging solutions. All these characteristics make it an obvious choice for food and beverage packaging.
The increase in consumption of sauces and condiments has driven the demand for bottled glass because it is a suitable packaging solution. The design and printing of bottled glass has increased its appeal, which has also boosted the market.
The pharmaceutical industry is still the main consumer of bottled glass
The pharmaceutical industry mainly uses glass jars to store medicines. Syrups are widely stored in bottles made of glass jars because they are essentially non-reactive.
The impermeability of glass makes it a choice for storing liquids. In addition, it retains its shape despite exposure to heat or cold, ensuring that the contents of the bottle will not be damaged.
jar glass is also used in the pharmaceutical industry because it ensures that the taste of the syrup will not change during its validity period. With the increasing incidence of coughs, colds and common flu, doctors will prescribe syrups, which directly affects the sales of drugs. Therefore, as the common cold continues to rise, it is expected that the bottled glass market will have a huge opportunity in the pharmaceutical industry.
Bottle glass is the basic material for packaging alcoholic beverages
Bottle and can glass has a huge opportunity in bottling alcoholic beverages. The unprecedented sales of alcoholic beverages in the world give this market a profitable opportunity to build a stable income stream.
The impermeability of glass to carbon dioxide and oxygen makes it an inevitable choice for storing alcohol. In addition, plastic bottles tend to be pasteurized, while glass bottles keep the substance intact. If alcohol is stored in plastic bottles for a long time, the liquid will be filtered, which damages the shelf life of the beverage and affects sales and safety.
In recent years, the rise of the food and beverage industry has increased the demand for alcohol and encouraged the development of the bottled glass market. Analysts also pointed out that the springing up of breweries in the world has had a positive impact on the demand for bottle glass, because it is an ideal choice for microbrewers to store alcohol.
The increase in wine sales is also an important factor in the booming bottled glass market in recent years. Wine manufacturers around the world are choosing to use bottle glass to store wine, which can prevent the product from being oxidized. Therefore, FMI predicts that the high consumption of wine will have a positive impact on the entire market.
Skin care cosmetics boosted sales
Creams, lotions and perfumes are usually packaged in bottles and glass containers to increase aesthetic appeal. The usage rate of container bottles is especially high in the cosmetics industry because it increases the value of the product.
The compatibility of glass and product content is expected to bode well for the market in the next few years. In recent years, as buyers are concerned about sustainable choices, the environmentally friendly properties of glass have been a continuing selling point. In addition, traditionally perfumes are packaged in glass bottles, which has always been a stable source of income for the market.
FMI analysts predict that people’s focus on skin beauty and the demand for cosmetics will encourage the sale of glass bottles used to package various cosmetics.
The number of consumers in the Asia-Pacific region has surged, driving up the demand for bottle glass. Due to the vigorous development of the food, beverage and cosmetics industries, the North American bottled glass market is expected to occupy a dominant position in the next few years.
The strong presence of major food and beverage brands in the region is expected to drive packaging companies to innovate products. The advanced pharmaceutical sector, strict regulatory framework, and the use of container glass in hospitals and laboratories are expected to have a positive impact on the overall growth of the bottle glass market.
Analysts also predict that due to the presence of leading pharmaceutical and cosmetic manufacturers, the bottled glass market in the Asia-Pacific region will have a significant growth rate. Increasing foreign direct investment in developing economies in India and China, low labor costs, and the presence of production facilities are expected to ensure a stable regional growth in the bottled glass market.
Expanding business through cooperation to increase the footprint of the world market will be a key strategy used by enterprises. For example, in 2019 Piramal Glass invested US$16 million in its bottle glass manufacturing base in Kosamba, headquartered in India, to add three production lines to meet the soaring demand.