The retail glass packaging market in the Middle East and Africa is anticipated to grow steadily at a 6.2% CAGR through 2032. By 2032, the market’s revenue share is projected to increase from US$ 1.8 billion in 2022 to US$ 3.2 billion.
The retail glass packaging market in Europe is anticipated to grow at a 4.1% CAGR by 2032. By 2032, the market is anticipated to have increased its revenue share from US$ 7.8 billion in 2022 to US$ 11.6 billion.
Retail glass packaging is expected to be more in demand in Europe, the Middle East, and Africa (EMEA) as customers’ preferences for eco-friendly, health & wellness, appealing, and affordable packaging options develop. Businesses have recently been proactive, mentored their industrial suppliers, and worked closely with their customers.
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Wide variety of retail glass packing products are also being offered by businesses for both shipping and display. Due to this, famous firms dominate the top of the EMEA retail glass packaging market globally. There are many small and medium-sized manufacturers, which causes the bottom to be fragmented.
EMEA retail glass packaging manufacturers use the sampling technique to display their products, in order to increase the popularity and visibility of cosmetic brands. To reach consumers and promote products like perfumes, gels, creams, and moisturizers, businesses use glass containers as promotional sampling options.
Glass bottles can be customized by customers to meet their needs. Market leaders take it as a key idea for better profit margins. The construction of product visualizations, including filled container visualization, as well as technical documentation for containers, are few developments by participants.
Manufacturers have improved their production methods with 3D Printing technology in order to speed the plastic modeling process, which is strengthening the market. To make glass containers more appealing, many businesses are using research and development to improve 3D printing.
Trends in the MEA Glass Packaging Market
According to our research specialists, the following are the key market trends influencing the MEA Glass Packaging Market:
Drinks Will Maintain a Large Market Share
The metal packaging sector, which includes cans, competes fiercely with the glass packaging business in the alcoholic beverage industry. Due to its use of high-end items, it is anticipated to hold onto its share during the forecast period. Juices, coffee, tea, soups, non-dairy beverages, and other beverage goods are among the beverage products where increase is anticipated.
Recent Developments
- The Coca-Cola Europacific Partners (CCEP) brands Fuze Tea, Tropico, Sprite, Fanta, and Minute Maid are marketed in France starting in May 2022.
- They are in a universal 250ml bottle that can be returned, cleaned, and refilled for use in lodging establishments, eateries, and cafes.
- Along with the other brands, Coca-Cola Original, Coca-Cola Zero, and Coca-Cola Cherry are now offered in 350ml returnable glass bottles.
- The product portfolio of PepsiCo offers a variety of delectable foods and beverages, including several legendary brands with projected annual retail sales of more than $1 billion each.
Key players
- O-I Glass, Inc.
- Ardagh Group SA
- Gerresheimer AG
- Schott AG
- Bormioli Rocco S.p.A.
- Vetropack Holding AG
- Vidrala SA
- Vitro Packaging, LLC
- Wiegand-Glas GmbH
- Heinz-Glas GmbH & Co. KGaA.
- Stölzle-Oberglas GmbH
- SGD Pharma
- MEG
- Saverglass SAS
- Verallia SA
- Saudi Arabian Glass Co. Ltd
Key Segments
By Packaging Formats:
- Bottles
- Jars
- Vials
- Ampoules
- Syringes
- Cartridges
- Others
By Grade:
- Type I
- Type II
- Type III
- Type IV
By Capacity:
- Up to 50 ml
- 51 to 250 ml
- 251 to 750 ml
- Above 750 ml
By End Use:
- Food
- Beverages
- Personal Care & Cosmetics
- Pharmaceuticals
- Other Industrial
By Region:
- Europe
- The Middle East and Africa
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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