1.Environmental Awareness: Consumers are displaying an increasing level of concern regarding environmental and sustainability issues, which has led to the widespread adoption of glass bottles. As per market research, the global glass bottle market has witnessed an average annual growth rate of 3.2% between 2019 and 2022, surpassing its plastic counterpart.
2.Health Considerations: More and more consumers are apprehensive about the presence of potentially harmful substances in plastic packaging, and are thus turning to the use of glass bottles. Industry analysis indicates that the usage of glass bottles in labeled beverage sectors like wine, beer, and juice has observed a steady yearly increase, augmenting its market share. The global glass bottle has been expanding since 2019 and is anticipated to touch $ million by 2022.
3.Brand Image Refinement: An increasing number of brands are opting for environmentally-friendly and premium packaging, particularly for high-end markets, and consequently, the use of glass bottles for packaging has emerged as a prevalent trend. According to market research data, global beverage industry heavyweights, such as Coca-Cola, Pepsi, and Nestle, have already resorted to glass bottle packaging for high-end drinks, intending to refine their brand image and achieve a larger market share.
4.Reusable: In sharp contrast to single-use plastic bottles, glass bottles can be reused, making them an environmentally responsible choice that is-received by both consumers and businesses. global glass bottle market is witnessing continued expansion, and the compound annual growth rate is predicted to touch 2.% by 2023.
5.Customizability: Owing to the diverse range of decoration and packaging options that are available for glass bottles companies can create customized glass bottles to meet personalized and diverse consumer demands. Market research indicates that the global glass bottle customization market is continually expanding and is expected to continue its growth trajectory in upcoming years.
