Container Glass Market Analysis: The bottles segment, by container type, to maintain its dominance in the global market during 2018-2026

The global market for container glass was valued at US$ 52,590.1 Mn in 2017 and is projected to expand at a CAGR of 5.0%, during the forecast period (2018-2026).

The global container glass market is segmented on the basis of container type as packaging, tableware, and decorative containers. The container glass packaging segment is anticipated to be the most attractive segment in all aspects, which include market share in 2018, CAGR during the forecast period, and incremental revenue opportunity by the end of 2026.

The container glass packaging segment is further sub-segmented into bottles, jars, and vials & ampoules. Being highly-convenient and preferable for beverage packaging, the bottle segment is estimated to account for around 2/3rd of the global market value share in 2018, while the vials & ampoules segment is projected to register the highest CAGR during the forecast period primarily driven by the increasing adoption of vials in the food packaging industry.

Ardagh Group and Owens-Illinois, Inc. together are estimated to account for around 1/4th of the global container glass market share. Key players operating in the global market for container glass include Ardagh Group, Gerresheimer AG, Owens-Illinois, Inc., Hindusthan National Glass & Industries Limited, Nipro Corporation, Vidrala S.A., Vitro, S.A.B. de C.V., Nampak Ltd., Becton, Dickinson and Company, Consol Glass (Pty) Ltd., Saverglass SAS, BA Glass, Adelphi Healthcare Packaging, Wiegand-Glas GmbH, Schott AG, Stevanato Group, ?i?ecam Group, Beatson Clark Ltd., Piramal Glass Limited, and AGI Glasspack Limited.