Market Scope
The Glass Bottles and Jars Decoration Market Size could grow at a rate of 3.78% from 2022 to 2030 and touch USD 28,900.28 million by 2030.
Top Boosters and Key Restraints
Transparent or translucent glass bottles and jars are manufactured using silica or sand, soda ash, and limestone. They are employed in the bottling or packaging of numerous items. Various techniques are used to adorn glass bottles and jars, including labeling, hot-foil stamping, decals, external metallization, coating (lacquering), and printing (ceramic, organic, in one or multiple colors). The ornamentation of glass bottles and jars contributes to their superior finishing and ensures their visual appeal. The originality, superiority, and exclusivity of the product are also emphasized by the decoration of glass bottles and jars. It contributes to extending shelf life and reducing product contamination.
The decorated glass bottles and jars market is being shaped by consumer-focused trends and creative packaging designs. Additionally, urbanization and rising disposable wealth have moved customers toward aesthetics. As with candle glass jars and light sparkling bottles, glass bottles and jars can be personalized, printed, colored, and utilized as a decorative item in home décor. Over the projection period, all these factors are anticipated to increase demand for glass bottles and jars as decorations.
These days, consumers are becoming more and more concerned with how their consumption affects the environment. Sustainable packaging is made from basic materials that are fully recyclable, reused, and produce less environmental damage during the manufacturing process. In North America, South America, and Europe, 54% of customers have stated that the sustainability of the packaging is one of the decisive elements in their product purchasing process, according to the Global Buying Green Report (2021). Additionally, the Gen Z and Millennial populations are willing to pay more for sustainable goods, which encourages the development of sustainable packaging solutions. Glass is ideal for many packaging applications in sectors like food and beverage, pharmaceuticals, and cosmetics because it is 100% recyclable and inert to any substances.
Segmental Review
The decorated glass bottles and jars market has been segmented based on type into laminated glass, colored/coated glass, etched glass, and others. In 2021, the colored/coated glass sector held the biggest market share at 38.62%, while etched glass is anticipated to garner a CAGR of 4.12% over the forecasted period.
The decorated glass bottles and jars market has been divided into screen printing, lacquering, frosting, and other processes. The segment for lacquering held the largest market share of 34.23% in 2021 and is anticipated to experience the highest CAGR of 4.14% over the anticipated time frame.
The food, spirits, non-alcoholic beverages, and others of the worldwide decorated glass bottles and jars market are the segments with respect to the application.
Regional Insight
The world's largest and fastest-developing market is Asia Pacific. China, India, Japan, Australia, and other key nations also have a significant influence on the growth of the Asian-Pacific glass decoration market. Glass containers are made using a variety of processes, such as blow-blow, press-and-blow, and narrow-neck press-and-blow, depending on the end user. As this technology has evolved through time, the weight of these bottles has decreased while their quality and strength have increased. Alcohol consumption has been steadily increasing in China throughout time.
During the conjectured period, the decorative glass market in North America will be driven by demand from the building and construction sectors. According to a survey conducted in the US by the well-known magazine Nail Magazine, which is based in California, more than 25% of women who purchase nail products do so on a monthly basis for between $100 and $200. The growing usage of nail polish will probably help the market flourish because beautiful glass bottles currently dominate the nail care category. Additionally, producers of wine glass packaging frequently create new designs in order to stay current with trends.
Top Companies
Allied Glass (England), Décor Glass Specialties, Inc. (North Carolina), Ramon Clemente Glass (Spain), Ardagh Group S. A (Europe), Jiangsu Rongtai Glass Products Co., Ltd. (China), ESTAL(Spain), Decotech, Inc. (the US), PGP Glass Private Ltd. (India), Pragati Glass (India), O. Berk (US) are the top companies in the worldwide market.
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