Glass Container Market Overview in Northern America
In value terms, glass container production soared to $ in 2019 estimated in export prices. Overall, production showed a resilient increase. The growth pace was the most rapid in 2018 when the production volume increased by % against the previous year. The level of production peaked in 2019 and is likely to see gradual growth in years to come.
The U.S. ( units) constituted the country with the largest volume of glass container production, comprising approx. % of total volume. Moreover, glass container production in the U.S. exceeded the figures recorded by the second-largest producer, Canada ( units), sixfold.
In the U.S., glass container production increased at an average annual rate of +% over the period from 2007-2019.
The size of the glass container market in Northern America surged to $ in 2019, picking up by % 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, consumption continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2018 with an increase of % y-o-y. Over the period under review, the market hit record highs in 2019 and is expected to retain growth in years to come.
From 2007 to 2019, the average annual growth rate of volume in the U.S. amounted to +%.
In value terms, the U.S. ($) led the market, alone. The second position in the ranking was occupied by Canada ($).
In the U.S., the glass container market expanded at an average annual rate of +% over the period from 2007-2019.
The countries with the highest levels of glass container per capita consumption in 2019 were Canada ( units per person) and the U.S. ( units per person).
From 2007 to 2019, the biggest increases were in Canada.