Glass bottles and containers are mainly used in the alcohol and non-alcoholic beverage industry. They can maintain chemical inertia, sterility and impermeability. In 2019, the market value of glass bottles and glass containers will be USD 60.91 billion, which is expected to reach USD 77.25 billion in 2025, with a CAGR of 4.13% from 2020 to 2025.
Glass bottle packaging is high standard recyclable, which makes it an ideal choice of packaging materials from an environmental point of view. Recycling 6 tons of glass can directly save 6 tons of resources and reduce 1 ton of CO2 emission.
One of the main factors driving the growth of glass bottle market is the increase of beer consumption in most countries. Beer is one of the alcoholic beverages packaged in glass bottles. It is packed in dark glass bottles to preserve the contents. If these substances are exposed to ultraviolet light, they are easy to deteriorate. In addition, according to the 2019 NBWA industry affairs data, American consumers aged 21 and over consume more than 26.5 gallons of beer and cider per person per year.
Glass bottle is one of the better packaging materials for alcoholic beverages (such as spirits). The ability of glass bottles to maintain product aroma and flavor is driving demand. Various suppliers in the market have also observed the growing demand of the spirits industry. For example, Piramal glass, whose customers include Diageo, Bacardi and Pernod, saw an increase in the demand for special bottles of spirits in the short term.
According to the United Nations excellent wine Association, vegetarianism is one of the better and faster development trends of wine, which is expected to be reflected in wine production, which will promote the emergence of more vegetarian friendly wines, so a large number of glass bottles are needed.
Post time: Aug-06-2021