U.S. Glass Bottle And Container Market. Analysis And Forecast to 2025
Glass Container Market in the U.S. - Key Insights
IndexBox has just published a new report: 'U.S. Glass Container Market. Analysis And Forecast to 2025'. Here is a summary of the report's key findings.
The revenue of the glass container market in the U.S. amounted to $16.9B in 2018, remaining stable 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). In general, glass container consumption, however, continues to indicate a moderate descent. The most prominent rate of growth was recorded in 2018 when the market value increased by 1.4% y-o-y. Glass container consumption peaked at $18.7B in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.
Glass Container Production in the U.S.
In value terms, glass container production amounted to $16B in 2018. Overall, glass container production continues to indicate a moderate curtailment. The most prominent rate of growth was recorded in 2014 with a decrease of -0.1% year-to-year. Over the period under review, glass container production reached its maximum level at $17.6B in 2013; however, from 2014 to 2018, production remained at a lower figure.
Exports from the U.S.
In 2018, the glass container exports from the U.S. totaled 379M units, remaining stable against the previous year. Over the period under review, glass container exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of 11% against the previous year. In that year, glass container exports attained their peak of 384M units, and then declined slightly in the following year.
In value terms, glass container exports totaled $334M (IndexBox estimates) in 2018. The total export value increased at an average annual rate of +3.4% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2016 with an increase of 12% against the previous year. Over the period under review, glass container exports reached their peak figure at $357M in 2017, and then declined slightly in the following year.
Imports into the U.S.
In 2018, approx. 1.8B units of bottles, jars and other containers of glass were imported into the U.S.; going up by 4.2% against the previous year. The total import volume increased at an average annual rate of +7.5% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when imports increased by 14% y-o-y. Over the period under review, glass container imports reached their maximum in 2018 and are expected to retain its growth in the immediate term.
In value terms, glass container imports stood at $1.6B (IndexBox estimates) in 2018. The total import value increased at an average annual rate of +3.8% from 2013 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of 8.8% year-to-year. In that year, glass container imports reached their peak and are likely to continue its growth in the immediate term.
Companies Mentioned in the Report
Owens-Illinois, Hearthmark, Ardagh Glass Packaging, Vitro Packaging, Anchor Glass Container Corporation, Ardagh Glass Inc., Schott Pharmaceutical Packaging, Gallo Glass Company, West Tampa Glass Company, Saxco International, Glass Energy Company, Saint Gobain Grains & Powders, Piramal Glass - Usa, SGD North America, Amcor Pharmaceutical Packaging Usa, Owens-Illinois De Puerto Rico, Pacific Vial Mfg., Assem - Pak, Chattanooga Labeling Systems, Nipro Glass Americas Corporation, S.G.D. North America, Leone Industries Inc., Best Quality Water System of Florida, Pochet of America, Longhorn Glass Manufacturing, Arkansas Glass Container Corporation, Rocky Mountain Bottle Company, H3o, Cus II, Pacific Market, Owens-Brockway Packaging, Owens-Illinois Group, Bprex Plastic Packaging, Certainteed Corporation
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for glass bottle and container in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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