Market Share of Europe Glass Packaging Industry
The European glass packaging market is highly competitive, with many regional players holding significant shares in the market. These companies are leveraging strategic initiatives to increase market share and profitability.
- In July 2024, Verallia, a prominent producer of glass packaging for food and beverage products, acquired Vidrala's glass business in Italy. The transaction, valued at an enterprise value of EUR 230 million (USD 248.9 million), included a Corsico-based plant. This facility, equipped with two recently renovated furnaces, features modern production capabilities with an annual capacity of 225 kilotons. It actively operates in the food, beer, and spirits markets.
- In May 2024, Gerresheimer Glas, an indirect subsidiary of Gerresheimer AG, signed an agreement to acquire Blitz LuxCo Sarl, the holding company of Bormioli Pharma Group. This acquisition enhances Gerresheimer's European footprint with additional production sites, particularly in Southern Europe. It also strengthens its market position as a leading full-service provider and global partner for the pharmaceutical and biotech industries.
- In September 2023, O-I launched an advanced, embossed, customized packaging offering. With its O-I: Expressions Signature, O-I became the first glass manufacturer to produce decorated glass bottles using variable data printing.
Europe Glass Packaging Market Leaders
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Gerresheimer AG
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Owens-illinois Inc
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Vidrala SA
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Ardagh Packaging Group PLC
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Piramal Glass Ltd
*Disclaimer: Major Players sorted in no particular order
