Glass Bottle, Jar and Container Market

The article discusses the projected growth of the global market for glass bottles, jars, and containers, with detailed analysis of consumption, production, imports, and exports. Consumption decreased in 2022 but is expected to grow steadily over the next eight years. China leads in both consumption and production, while the United States, France, and Germany are major importers and exporters. Prices and trends in consumption, production, imports, and exports are analyzed in detail.

Market Forecast

Driven by increasing demand for bottles, jars and other containers of glass worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +1.9% for the period from 2022 to 2030, which is projected to bring the market volume to 656B units by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.9% for the period from 2022 to 2030, which is projected to bring the market value to $141.5B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Bottles, Jars And Other Containers Of Glass

In 2022, consumption of bottles, jars and other containers of glass decreased by -3.3% to 564B units for the first time since 2014, thus ending a seven-year rising trend. The total consumption volume increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. Global consumption peaked at 584B units in 2021, and then dropped slightly in the following year.

The size of the market for bottles, jars and other containers of glass worldwide fell to $104.1B in 2022, reducing by -4.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. Global consumption peaked at $108.6B in 2021, and then fell in the following year.

Consumption By Country

The country with the largest volume of glass bottle, jar and container consumption was China (104B units), accounting for 18% of total volume. Moreover, glass bottle, jar and container consumption in China exceeded the figures recorded by the second-largest consumer, the United States (35B units), threefold. Italy (28B units) ranked third in terms of total consumption with a 4.9% share.

In China, glass bottle, jar and container consumption increased at an average annual rate of +3.0% over the period from 2012-2022. The remaining consuming countries recorded the following average annual rates of consumption growth: the United States (-0.4% per year) and Italy (+5.2% per year).

In value terms, China ($26B) led the market, alone. The second position in the ranking was taken by the United States ($5.5B). It was followed by South Korea.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +6.6%. In the other countries, the average annual rates were as follows: the United States (-0.1% per year) and South Korea (+7.2% per year).

In 2022, the highest levels of glass bottle, jar and container per capita consumption was registered in Italy (465 units per person), followed by Spain (220 units per person), South Korea (204 units per person) and France (201 units per person), while the world average per capita consumption of glass bottle, jar and container was estimated at 72 units per person.

In Italy, glass bottle, jar and container per capita consumption increased at an average annual rate of +5.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Spain (+2.2% per year) and South Korea (+5.0% per year).

Production

World Production of Bottles, Jars And Other Containers Of Glass

After seven years of growth, production of bottles, jars and other containers of glass decreased by -3.1% to 569B units in 2022. The total output volume increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 9.4% against the previous year. Global production peaked at 587B units in 2021, and then contracted in the following year.

In value terms, glass bottle, jar and container production contracted to $103.9B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.8% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 13%. As a result, production reached the peak level of $109.7B, and then dropped in the following year.

Production By Country

The country with the largest volume of glass bottle, jar and container production was China (113B units), comprising approx. 20% of total volume. Moreover, glass bottle, jar and container production in China exceeded the figures recorded by the second-largest producer, the United States (31B units), fourfold. The third position in this ranking was taken by Italy (27B units), with a 4.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume in China amounted to +3.1%. The remaining producing countries recorded the following average annual rates of production growth: the United States (-0.6% per year) and Italy (+5.7% per year).

Imports

World Imports of Bottles, Jars And Other Containers Of Glass

In 2022, global imports of bottles, jars and other containers of glass stood at 80B units, with an increase of 4.7% against 2021 figures. The total import volume increased at an average annual rate of +4.7% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 9.8% against the previous year. Over the period under review, global imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, glass bottle, jar and container imports skyrocketed to $14.2B in 2022. Over the period under review, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.3% against 2015 indices. The growth pace was the most rapid in 2021 with an increase of 19%. Global imports peaked in 2022 and are likely to see gradual growth in the near future.

Imports By Country

In 2022, the United States (9.1B units), France (8.8B units), Belgium (7B units), Italy (5.4B units) and Spain (5.3B units) was the major importer of bottles, jars and other containers of glass in the world, comprising 44% of total import. Germany (3.2B units), Canada (2.3B units), Poland (2B units), Mexico (1.9B units), Brazil (1.5B units), Romania (1.5B units), Portugal (1.4B units) and the UK (1.3B units) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Belgium (with a CAGR of +14.8%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, the largest glass bottle, jar and container importing markets worldwide were the United States ($1.9B), France ($1.7B) and Spain ($966M), with a combined 32% share of global imports. Italy, Belgium, Canada, the UK, Germany, Poland, Brazil, Romania, Portugal and Mexico lagged somewhat behind, together comprising a further 29%.

Romania, with a CAGR of +17.2%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

The average import price for bottles, jars and other containers of glass stood at $0.2 per unit in 2022, rising by 11% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the UK ($0.4 per unit), while Mexico ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Bottles, Jars And Other Containers Of Glass

In 2022, shipments abroad of bottles, jars and other containers of glass increased by 5.9% to 85B units, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +4.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 10% against the previous year. Over the period under review, the global exports attained the maximum in 2022 and are likely to see steady growth in the near future.

In value terms, glass bottle, jar and container exports rose rapidly to $15B in 2022. Overall, total exports indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.4% against 2015 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 19% against the previous year. The global exports peaked in 2022 and are likely to continue growth in years to come.

Exports By Country

China (9.1B units) and Germany (9B units) represented roughly 21% of total exports in 2022. Portugal (6B units) ranks next in terms of the total exports with a 7% share, followed by Italy (6.2%) and the United States (5.5%). The following exporters - Poland (3.7B units), France (3.5B units), Spain (2.9B units), Russia (2.7B units), Mexico (2.7B units), the Netherlands (2.4B units), Austria (2.4B units) and Turkey (2.3B units) - together made up 27% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Turkey (with a CAGR of +20.7%), while the other global leaders experienced more modest paces of growth.

In value terms, China ($3B), Germany ($1.7B) and Italy ($1.2B) constituted the countries with the highest levels of exports in 2022, with a combined 39% share of global exports. France, Mexico, Portugal, Poland, the United States, Spain, the Netherlands, Russia, Turkey and Austria lagged somewhat behind, together accounting for a further 31%.

Turkey, with a CAGR of +21.4%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices By Country

In 2022, the average export price for bottles, jars and other containers of glass amounted to $0.2 per unit, picking up by 7.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The pace of growth was the most pronounced in 2021 when the average export price increased by 8.2% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see gradual growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($0.3 per unit), while Portugal ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.0%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform