by The United States container glass market manufactures glass packaging primarily for food and beverages. Glass containers have several advantages such as recyclability, durability, and chemical resistance. Glass does not leach toxins into packaged products and maintains the aroma, taste and quality of contents. The growing demand for packaged food and ready-to-eat meals has propelled the sales of glass jars and bottles in the US. With rising health-consciousness, consumers prefer glass packaging over plastics owing to the inert properties of glass.
The Global United States Container Glass Market Size is estimated to be valued at US$ 11.61 Bn in 2024 and is expected to exhibit a CAGR of 3.9% over the forecast period 2024-2031.
Key Takeaways
Key players operating in the United States container glass market are Owens-Illinois, Inc. (OI), Ardagh Group, Verallia, Anchor Glass Container Corporation, Vitro Packaging and Among Others. Glass packaging producers are investing in advanced manufacturing technologies to enhance production efficiency. The market players are developing specialized glass containers for premium alcoholic beverages and personal care products to tap lucrative growth opportunities.
The growing ‘on-the-go’ food consumption trend and rising popularity of home delivery of food are fueling demand for glass jars and bottles in the US. Glass manufacturers are expanding their product portfolio with customized solutions like colored, printed and lightweight glass containers. Recyclability of glass is prompting food chains and retailers to prefer glass containers over single-use plastics.
US container glass market is diversifying into new regions within the country led by population growth and changing demographics. Midwest and Southern states are emerging as high potential markets. The players are strengthening distribution networks and setting up new production plants to address regional demand. Strategic acquisitions and partnership with regional brands will help expand global footprint.
Market Drivers
The rising consumption of alcoholic beverages in the US is a major driver for the container glass market. According to industry estimates, glass packaging accounts for over 80% of the beer market in the US. Beverage companies heavily promote glass containers due to premium appeal and compatibility with draught beer. Growth in craft breweries in the country relies on specialty glass bottles for branding purposes. This increases repetitive sales of glass containers and ensures consistent demand.
PEST Analysis
Political: The government policies influence the US container glass market. Strict environmental regulations govern the recycling and waste disposal of glass containers.
Economic: Changes in the US and global economy impact this market. Fluctuations in raw material prices and consumer spending patterns affect demand.
Social: Rising health awareness boosts demand for food packaged in glass containers. Growing environmental consciousness increases recycling rates.
Technological: Advancements in manufacturing processes improve efficiencies. Automation reduces production costs. Use of lighter and stronger materials enhances sustainability.
The United States container glass market is highly concentrated in regions with major population hubs and strong food and beverage industries. The Western and Midwestern parts of the country account for over 50% of the market value due to large urban centers like California, Texas, Illinois and Ohio. These areas have a high concentration of food packaging, alcoholic and non-alcoholic beverage producers.
The Southern region of the United States is forecasted to be the fastest growing market for container glass through 2031. States such as Florida, Georgia and North Carolina are expected to see above-average economic growth and population increases. Expansion of local food & beverage manufacturing capacity coupled with rising domestic consumption will drive higher glass container demand in the South over the coming years.
What Are The Key Data Covered In This United States Container Glass Market Report?
:- Market CAGR throughout the predicted period
:- Comprehensive information on the aspects that will drive the United States Container Glass’s growth between 2024 and 2031.
:- Accurate calculation of the size of the United States Container Glass and its contribution to the market, with emphasis on the parent market
:- Realistic forecasts of future trends and changes in consumer behaviour
:- United States Container Glass Industry Growth in North America, APAC, Europe, South America, the Middle East, and Africa
:- A complete examination of the market’s competitive landscape, as well as extensive information on vendors
:- Detailed examination of the factors that will impede the expansion of United States Container Glass vendors
FAQ’s
Q.1 What are the main factors influencing the United States Container Glass?
Q.2 Which companies are the major sources in this industry?
Q.3 What are the market’s opportunities, risks, and general structure?
Q.4 Which of the top United States Container Glass companies compare in terms of sales, revenue, and prices?
Q.5 Which businesses serve as the United States Container Glass’s distributors, traders, and dealers?
Q.6 How are market types and applications and deals, revenue, and value explored?
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*Note:
1. Source: Coherent Market Insights, Public sources, Desk research
2. We have leveraged AI tools to mine information and compile it
Money Singh is a seasoned content writer with over four years of experience in the market research sector. Her expertise spans various industries, including food and beverages, biotechnology, chemical and materials, defense and aerospace, consumer goods, etc.
