North America Amber Glass Packaging Market
North America Amber Glass Packaging Market - By Product (Containers & Jars, Bottles, Others); By Application (Pharmaceuticals, Dietary Supplements, Food & Beverages, Personal Care & Cosmetics, Others); By Country (United States, Canada); Trend Analysis, Competitive Landscape & Forecast, 2023–2029
- Published Date: January 2023
- Report ID: BWC23009
- Available Format: PDF
- Page: 116
Report Overview
Supportive government and industrial initiatives towards sustainable packaging, an increasing demand for glass packaging in pharmaceutical industry along with expanding demand for bottled beverages across the world are expected to drive North America amber glass packaging during the forecast period between 2023 and 2029.North America Amber Glass Packaging Market - Industry Trends & Forecast Report, 2029
North America amber glass packaging market size was estimated at USD 2.71 billion in 2022. During the forecast period between 2023 and 2029, North America Amber Glass Packaging market size is projected to grow at a CAGR of 4.1% reaching a value of USD 3.56 billion by 2029. There is a significant surge in the use of amber glass packaging, as they are eco–friendly along with government initiatives to boost the use of sustainable packaging. The benefits of amber glass, such as protection from UV rays, are also playing a crucial factor in its adoption in various industries, including alcohol and pharmaceutical industries, propelling the growth of North America amber glass packaging market.
North America Amber Glass Packaging Market – Overview
Amber glass bottles are an excellent plastic-free substitute for plastic cleaning bottles. It is created by melting iron, sulfur, and carbon together, which is then added to the molten mixture. Amber glass garners its well–desired dark hue from these ingredients. It is its hue that lets it shield the contents from light. The broadest range of light wavelengths is absorbed by the amber glass. Amber glass is the UV light protection material of choice for many pharmaceutical items as well as is widely used in various other industries including alcohol, food, and beverages industries. UV rays can cause photooxidation, which can lead to faster spoilage of the products. Beyond being esthetically pleasing, the color helps keep the goods secure and unaltered.
North America Amber Glass Packaging Market
Growth Drivers
Supportive Government and Industry Initiatives toward Sustainable Packaging
With the rising consumer-consciousness towards sustainability, the government as well as the companies are incorporating amber glass into their packaging. Amber glass is 100% recyclable, which means it can be cleaned and reused multiple times. It can also be easily broken down and reshaped into a new amber glass bottle or any other shape. As people are increasingly turning against plastic for packaging because of its polluting and non-biodegradable nature, the demand for amber glass packaging is expected to surge in North America during the forecast period.
Restraints
High Prevalence of Plastic as Packaging Material
Despite amber glass packaging being a sustainable option, plastic packaging is still the most preferred option in the packaging industry. Plastics can convey more goods with less packing than other materials since they are lightweight and robust. Additionally, by utilizing less material in the first place, energy usage, greenhouse gas emissions, and waste are all significantly decreased. One of the major factors for the high popularity of plastic is it is a lot cheaper than other alternatives, including amber glass. Therefore, with companies constantly looking to decrease their production cost, plastic packaging is giving tough competition to amber glass packaging, restraining its market growth.
Impact of COVID-19 on North America Amber Glass Packaging Market
The unprecedented COVID–19 pandemic hit North America amber glass packaging market negatively. As the number of COVID-19 cases were surging, severe regulations were imposed in both the US and Canada, and the governments of these countries imposed strict lockdown, which decreased sales of alcoholic drinks, resulting in decreased demand for amber glass packaging, eventually incurring huge losses to the overall North America amber glass packaging market. However, the market is forecast to flourish during the post COVID-19 period as production in food and beverages as well as alcohol industries resumes as well as a surge in demand for pharmaceuticals.
North America Amber Glass Packaging Market
Segmental Coverage
North America Amber Glass Packaging Market – By Product
Based on product, North America amber glass packaging market is segregated into containers & jars, bottles, and other segments. The bottles segment accounts for the highest market share owing to its prominent use in the alcohol industry. Because of its light-filtering qualities, amber glass is an excellent choice for beer storage. Essential oils are also frequently kept in amber glass. These oils, which are valued for their fragrances, might undergo reactions during photooxidation that alter their characteristics.
North America Amber Glass Packaging Market – By Application
Based on application, North America amber glass packaging market is segmented into pharmaceuticals, dietary supplements, food & beverages, personal care & cosmetics, and others. The pharmaceuticals segment held the highest market share in 2022. The high concentration of leading pharmaceutical companies in the US, such as Johnson and Johnson, Pfizer, Merck & Co., and Eli Lilly and Company, are spurring the demand for amber glass for packaging their medicines to protect them from UV protection as well as for making another packaging, such as glass injection vials, bottles, cartilages, and ampoules.
North America Amber Glass Packaging Market – By Country
Geographically, North America amber glass packaging market covers two major countries: the US and Canada. The US dominates the North America amber glass packaging market. The US is the third largest exporter of pharmaceutical products. It accounts for 45% of the global pharmaceutical market and 22% of global production. The rising demand for medicines owing to increasing medical concerns and demand for treatment. Due to this, it is expected that pharmaceutical companies are to invest in expanding their production capacity during the forecast period, propelling the demand for amber glass in North America.
Competitive Landscape
Competition in North America Amber Glass Packaging Market is high. Major players operating in the North America amber glass packaging market include Ardagh Group S.A., Piramal Enterprises Ltd., Gerresheimer AG, O-I, J.G. Finneran Associates, Inc., Pacific Vial, Origin Pharma Packaging, Silver Spur Corp., Kaufman Container, and Anchor Glass Container Corp. These companies employ various strategies to further enhance their market share, including mergers and acquisitions, partnerships, joint ventures, license agreements, and new product launches.
Recent Developments
-
In April 2022 - Ardagh Glass Group launched two new beer bottles, a 12oz long-neck bottle and a 22oz Belgian-style bottle, made of high–quality amber glass, in North America.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2022 |
Base Year – 2022 |
|
Estimated Year – 2023 |
|
Forecast Period – 2023–2029 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
US, Canada |
Product/ Service Segmentation |
Product, Application, Country |
Key Players |
Ardagh Group S.A., Piramal Enterprises Ltd., Gerresheimer AG, O-I, J.G. Finneran Associates, Inc., Pacific Vial, Origin Pharma Packaging, Silver Spur Corp., Kaufman Container, Anchor Glass Container Corp. |
By Product
-
Containers & Jars
-
Bottles
-
Others
By Application
-
Pharmaceuticals
-
Dietary Supplements
-
Food & Beverages
-
Personal Care & Cosmetics
-
Others
By Country
-
US
-
Canada
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- North America Amber Glass Packaging Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Rising Governmental and Industrial Initiatives Towards Sustainable Packaging
- Increasing demand for glass packaging in pharmaceutical industry
- Glass's environmental benefits will lead to a surge in demand
- Restraints
- Growing popularity of plastics as packaging material
- Opportunities
- Rising demand for bottled beverages around the world to expand the market
- Challenges
- Recycling of Plastics
- Growth Drivers
- Technology Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- North America Amber Glass Packaging Market Overview
- Market Size & Forecast by Value, 2019−2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- Containers & Jars
- Bottles
- Others
- By Application
- Pharmaceuticals
- Dietary Supplements
- Food & Beverages
- Personal Care & Cosmetics
- Others
- By Country
- US
- Canada
- By Product
- Market Size & Forecast by Value, 2019−2029
- US Amber Glass Packaging Market
- Market Size & Forecast by Value, 2019−2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Application
- Market Size & Forecast by Value, 2019−2029
- Canada Amber Glass Packaging Market
- Market Size & Forecast by Value, 2019−2029
- By Value (USD Billion)
- Market Share & Forecast
- By Product
- By Application
- Market Size & Forecast by Value, 2019−2029
- Competitive Landscape
- List of Key Players and Their Offerings
- North America Amber Glass Packaging Company Market Share Analysis, 2022
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships, etc.)
- Impact of Covid-19 on North America Amber Glass Packaging Market
- Company Profile (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, SWOT Analysis)
- Ardagh Group S.A.
- Piramal Enterprises Ltd.
- Gerresheimer AG
- O-I
- J.G. Finneran Associates, Inc.
- Pacific Vial
- Origin Pharma Packaging
- Silver Spur Corp.
- Kaufman Container
- Anchor Glass Container Corp.
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1 North America Amber Glass Packaging Market Segmentation
Figure 2 North America Amber Glass Packaging Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 North America Amber Glass Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 5 North America Amber Glass Packaging Market Share, By Product, By Value, 2019–2029
Figure 6 North America Amber Glass Packaging Market Share, By Application, By Value, 2019–2029
Figure 7 North America Amber Glass Packaging Market Share, By Country, By Value, 2019–2029
Figure 8 US Amber Glass Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 9 US Amber Glass Packaging Market Share, By Product, By Value, 2019–2029
Figure 10 US Amber Glass Packaging Market Share, By Application, By Value, 2019–2029
Figure 11 Canada Amber Glass Packaging Market Size, By Value (USD Billion), 2019–2029
Figure 12 Canada Amber Glass Packaging Market Share, By Product, By Value, 2019–2029
Figure 13 Canada Amber Glass Packaging Market Share, By Application, By Value, 2019–2029
List of Tables
Table 1 North America Amber Glass Packaging Market Size, By Product, By Value, 2019–2029
Table 2 North America Amber Glass Packaging Market Size, By Application, By Value, 2019–2029
Table 3 North America Amber Glass Packaging Market Size, By Country, By Value, 2019–2029
Table 4 US Amber Glass Packaging Market Size, By Product, By Value, 2019–2029
Table 5 US Amber Glass Packaging Market Size, By Application, By Value, 2019–2029
Table 6 Canada Amber Glass Packaging Market Size, By Product, By Value, 2019–2029
Table 7 Canada Amber Glass Packaging Market Size, By Application, By Value, 2019–2029
Table 8 Ardagh Group S.A. Company Overview
Table 9 Ardagh Group S.A. Financial Overview
Table 10 Piramal Enterprises Ltd. Company Overview
Table 11 Piramal Enterprises Ltd. Financial Overview
Table 12 Gerresheimer AG Company Overview
Table 13 Gerresheimer AG Financial Overview
Table 14 O-I Company Overview
Table 15 O-I Financial Overview
Table 16 J.G. Finneran Associates, Inc. Company Overview
Table 17 J.G. Finneran Associates, Inc. Financial Overview
Table 18 Pacific Vial Company Overview
Table 19 Pacific Vial Financial Overview
Table 20 Origin Pharma Packaging Company Overview
Table 21 Origin Pharma Packaging Financial Overview
Table 22 Silver Spur Corp. Company Overview
Table 23 Silver Spur Corp. Financial Overview
Table 24 Kaufman Container Company Overview
Table 25 Kaufman Container Financial Overview
Table 26 Anchor Glass Container Corp Company Overview
Table 27 Anchor Glass Container Corp Financial Overview
Market Segmentation
By Product
-
Containers & Jars
-
Bottles
-
Others
By Application
-
Pharmaceuticals
-
Dietary Supplements
-
Food & Beverages
-
Personal Care & Cosmetics
-
Others
By Country
-
US
-
Canada
To request a free sample copy of this report, please complete the form below.
We value your investment and offer free customization with every report to fulfil your exact research needs.
Frequently Asked Questions (FAQs):
RELATED REPORTS
WHY CHOOSE US
-
24/7 Research Support
Get your queries resolved from an industry expert. Request for a free product review before report purchase.
-
Custom Research Service
Ask the Analyst to customize an exclusive study to serve your research needs
-
Quality & Accuracy
Ask the Analyst to customize an exclusive study to serve your research needs
-
Data Visualization
As the business world is changing dynamically every day. We need to stay pin point in relation to data management and optimum data utilization
-
Information security
We never share your personal and confidential information. Your personal information is safe and secure with us.