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[Research Report] The spirit glass packaging market size was valued at US$ 35,258.06 million in 2022 and is expected to reach US$ 47,357.29 million by 2028; it is estimated to register a CAGR of 5.0% from 2022 to 2028.
Spirit glass packaging is extensively utilized in the spirits industry for containment of spirit products such as wine, beer, rum, whiskey, and vodka, among others. The product innovation of different spirits, such as flavored liquors and the development of bottled blended spirits, create a demand for spirit glass packaging. The distinctly designed and varied colored glass packaging enhances the overall sensory experience and influences the consumers’ buying decision. Glass packaging design and type positively influences brand image, product differentiation, and product acceptability & preference. The rising consumer preference for glass packaging has influenced spirit manufacturers to offer product differentiation through packaging design and innovative products for spirits. This is due to the availability of glass bottles with thick bases, embossing, and decoration, coupled with label design; all these features provide harmonized high-quality brand image and convey the brand or product story.
In 2022, Asia Pacific held the largest global spirit glass packaging market share. The market growth in Japan, India, China, Australia, South Korea, Singapore, Taiwan, and Indonesia is attributed to growing alcohol consumption among the population; the shift in changing preferences from standard to premium beers, whisky, vodka, wines, and other spirits; an increasing number of celebrations with alcoholic beverages; and unusual product innovation by the spirits manufacturers across the region. For instance, in September 2020, Scrapegrace Distillery, a New Zealand-based distillery, manufactured the world's first naturally black gin (naturally black brew), made from a blend of unusual botanicals. Also, this premium gin changes to red and purple hues when mixed with tonic. The distillery sold a three-month supply of the product in 24 hours. As product sales have increased, the glass packaging demand has also grown significantly. All these factors contribute to the region's spirit glass packaging market growth.
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Spirit Glass Packaging Market: Strategic Insights
Market Size Value in US$ 35,258.06 million in 2022 Market Size Value by US$ 47,357.29 million by 2028 Growth rate CAGR of 5.0% from 2022 to 2028 Forecast Period 2022-2028 Base Year 2022
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Spirit Glass Packaging Market: Strategic Insights
| Market Size Value in | US$ 35,258.06 million in 2022 |
| Market Size Value by | US$ 47,357.29 million by 2028 |
| Growth rate | CAGR of 5.0% from 2022 to 2028 |
| Forecast Period | 2022-2028 |
| Base Year | 2022 |
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Impact of COVID-19 Pandemic on Spirit Glass Packaging Market
The COVID-19 pandemic had a significant impact on the spirit glass packaging market. The global lockdowns and restrictions on travel and social gatherings have led to a decline in the consumption of alcoholic beverages, resulting in a decrease in demand for spirit glass packaging. Many bars, restaurants, and hotels, major customers of the HORECA sector, were forced to close temporarily or operate at reduced capacity, leading to reduced demand for smaller-sized glass bottles. Furthermore, disruption in the supply chain due to restrictions on transportation and manufacturing operations has increased the cost of production and distribution of spirit glass packaging.
In 2021, the global marketplace began recovering from the losses incurred in 2020 as governments of different countries announced relaxation in social restrictions. Manufacturers were permitted to operate at full capacities, which helped them overcome the demand-supply gap. Moreover, rising vaccination rates contributed to improvements in the overall conditions in different countries, which led to favorable environments for industrial and commercial progress. The increasing spirit production capacities in Asia Pacific and Europe further increased demand for spirit glass packaging in 2021.
Global Spirit Glass Packaging Market Breakdown – by Region
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Market Insights
Growth of HORECA Sector
The HORECA sector is one of the significant end-users of spirit glass packaging. HORECA is called Hotel/Restaurant/Catering, a part of the food service segment that includes bars, pubs, beer cafes, clubs, and hotels, among others. The impact of HORECA on spirit glass packaging is significant because of the large volume of products consumed by the sector. The inclination of the global population toward on-the-go food & beverages and a rise in disposable incomes are boosting the HORECA industry across the globe. According to National Restaurant Association (US), the food & beverage sales from the full-service segment (that includes family-dining, casual-dining, and fine-dining full-service restaurants) grew from US$ 199 billion in 2020 to US$ 289 billion in 2022. In contrast, the US sales from the limited-service segment (including quick-service restaurants, fast-casual restaurants, and cafeteria) increased from US$ 297 billion in 2020 to US$ 355 billion in 2022. The report revealed that the sales of food & beverages in the US from bars, taverns, nightclubs, or places involved in preparing and serving alcoholic beverages grew from US$ 13 billion in 2020 to US$ 21 billion in 2022.
Capacity Insights
Based on capacity, the global spirit glass packaging market is segmented into upto 200 ml, 200 ml to 750 ml, and above 750 ml. The 200 ml to 750 ml segment held the most significant global spirit glass packaging market share in 2022. This category includes glass bottles of capacities such as 375 ml, 500 ml, 650 ml, 700 ml, and 750 ml. These types of glass bottles are available in various shapes and designs. Also, these types of glass bottles come in different colors, such as amber brown, flint white, emerald, green, sapphire blue, sunshine yellow, ingot black, and gun metallic. These glass bottles are mainly used for the packaging of brandy, gin, rum, tequila, vodka, whiskey, wine, beer, etc. The 375ml and 650 ml bottles are primarily used for beer packaging, while 750 ml bottles are mainly used for spirits such as whisky, gin, rum, tequila, and liqueurs. Further, spirit glass manufacturers focus on making attractive glass bottles of various capacities that will affect product prices and consumer buying behavior.
Global Spirit Glass Packaging Market, by Capacity – 2022 and 2028
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The key players operating in the global spirit glass packaging market include O-I Glass Inc, Toyo Glass Co Ltd, Ardagh Group SA, Verallia SA, Vidrala SA, Gerresheimer AG, Nihon Yamamura Glass Co Ltd, Vitro SAB de CV, BA Glass BV, and HEINZ-GLAS GmbH & Co KGaA. Players operating in the global spirit glass packaging market focus on providing high-quality products to fulfill customer demand. They also focus on strategies such as investments in research and development activities and new product launches.
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Report Spotlights
- Progressive industry trends in the spirit glass packaging market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the spirit glass packaging market from 2020 to 2028
- Estimation of global demand for spirit glass packaging
- Porter’s Five Forces analysis to illustrate the efficacy of buyers and suppliers operating in the industry
- Recent developments to understand the competitive market scenario
- Market trends and outlook, as well as factors driving and restraining the growth of the spirit glass packaging market
- Assistance in the decision-making process by highlighting market strategies that underpin commercial interest, leading to the market growth
- The spirit glass packaging market size at various nodes
- Detailed overview and segmentation of the market, as well as the spirit glass packaging industry dynamics
- The spirit glass packaging market size in various regions with promising growth opportunities
Global Spirit Glass Packaging Market
Based on capacity, the global spirit glass packaging market is segmented into upto 200 ml, 200 ml to 750 ml, and above 750 ml. Based on color of glass, the spirit glass packaging market is bifurcated into bare glass and colored glass. Based on application, the spirit glass packaging market is segmented into whiskey, vodka, rum, wine, beer, and others.
Company Profiles
- O-I Glass Inc
- Toyo Glass Co Ltd
- Ardagh Group SA
- Verallia SA
- Vidrala SA
- Gerresheimer AG
- Nihon Yamamura Glass Co Ltd
- Vitro SAB de CV
- BA Glass BV
- HEINZ-GLAS GmbH & Co KGaA.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Capacity, Color of Glass, and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, South Africa, South Korea, United Kingdom, United States
Frequently Asked Questions
The major players operating in the global spirit glass packaging market are O-I Glass Inc, Toyo Glass Co Ltd, Ardagh Group SA, Verallia SA, Vidrala SA, Gerresheimer AG, Nihon Yamamura Glass Co Ltd, Vitro SAB de CV, BA Glass BV, and HEINZ-GLAS GmbH & Co KGaA.
Spirit manufacturers globally are focused on investing significantly in innovative packaging solutions to expand their customer base. The innovation in packaging includes distinct design, vibrant colors, detailed labeling, and sustainable packaging. Luxury consumers and whiskey collectors demand distillery upgrades, refurbishments, and novel designs while considering whiskey collection as a form of investment. According to a report published by Scotch Whisky Association in 2023, consumers are attracted to premiumization and high-quality spirits such as scotch whiskey, which is boosting exports of spirits from Scotland. Moreover, changing consumer behavior has prompted spirit manufacturers to increase the customization of bottles, provide innovative glass packaging, and focus on the brand story.
Based on the application, beer segment is projected to register the highest CAGR over the forecast period. Increasing consumer preference for glass packaging has surged the growth of beer segment.
The consumption of spirits is continuously growing across the globe due to rising disposable income, growing favorable demographics, and changing consumer behavior. The high demand for different cocktails has created a trend for premium liquor contained in special glass packaging. The product innovation of different types of spirits, such as flavored liquors and the development of bottled blended spirits, create a demand for spirit glass packaging. Glass packaging design and type positively influences brand image, product differentiation, and product acceptability & preference.
Asia Pacific accounted for the largest share of the global spirit glass packaging market. The market growth in Japan, India, China, Australia, South Korea, Singapore, Taiwan, and Indonesia is attributed to growing alcohol consumption among the population; the shift in changing preferences from standard to premium beers, whisky, vodka, wines, and other spirits; increasing number of celebrations with alcoholic beverages; and unusual product innovation by the spirits manufacturers across the region.
Based on capacity, 200 ml to 750 ml segment accounted for the largest revenue share. The growth of the segment is attributed to its usage for the packaging of brandy, gin, rum, tequila, vodka, whiskey, wine, beer, etc. The 375ml and 650 ml bottles are primarily used for beer packaging while, 750 ml bottles are majorly used for spirits such as whisky, gin, rum, tequila, and liqueurs among others.
The List of Companies - Spirit Glass Packaging Market
- O-I Glass Inc
- Toyo Glass Co Ltd
- Ardagh Group SA
- Verallia SA
- Vidrala SA
- Gerresheimer AG
- Nihon Yamamura Glass Co Ltd
- Vitro SAB de CV
- BA Glass BV
- HEINZ-GLAS GmbH & Co KGaA.
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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