The Middle East and Africa retail glass packaging market is projected to maintain a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 6.2% anticipated by 2032. During this period, the market’s revenue is poised to surge from U$1.8 billion in 2022 to an impressive U$3.2 billion by 2032.
Looking ahead to 2032, the Europe retail glass packaging sector is expected to experience a consistent expansion, with a predicted CAGR of 4.1%. This growth journey is set to elevate the market’s revenue from U$7.8 billion in 2022 to a substantial U$11.6 billion by 2032.
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The increasing emphasis on health-conscious consumer choices and a preference for premium products has led to a notable rise in the demand for glass packaging. This shift in consumer behavior is a key driver fueling the growth of the glass packaging market.
Glass packaging has transcended its functional role to become a symbol of sophistication and sustainability in the retail industry of Europe, the Middle East, and Africa. With consumers gravitating towards eco-friendly options, glass packaging has gained traction due to its recyclability and non-reactive properties. This trend has led to a surge in demand, fostering innovation in design and manufacturing processes.
Europe Middle East and Africa (EMEA) Retail Glass Packaging Market Growth
In Europe, the demand for uncontaminated medical products is propelling the market’s expansion, with a market value of US$ 8.2 billion in 2023. Initially, the market was valued at US$ 7.8 billion in 2022, demonstrating a steady compound annual growth rate (CAGR) of 2% between 2018 and 2022.
Drivers:
- Preference for Product Transparency: Glass packaging provides a transparent and aesthetically pleasing presentation of products, allowing consumers to see the contents, which is particularly appealing in the food and beverage industry.
- Growing Demand for Sustainable Packaging: Increasing environmental awareness has driven the demand for sustainable and eco-friendly packaging solutions, with glass being considered a recyclable and environmentally friendly material.
- Rising Popularity of Beauty and Personal Care Products: The EMEA region has witnessed a surge in demand for beauty, hair, and personal care products, particularly among younger consumers. Glass packaging is often associated with premium and high-end products, making it a preferred choice for these industries.
- Health and Safety Concerns: Glass packaging is seen as a safe and hygienic option, especially for food and pharmaceutical products, as it doesn’t interact with the contents and prevents contamination.
- Customization and Branding Opportunities: The ability to customize glass packaging offers companies the opportunity to differentiate their products and brand identity, leading to increased sales and consumer engagement.
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Challenges and Solutions
While glass packaging offers numerous benefits, it also presents certain challenges:
- Fragility: Glass containers are delicate and prone to breakage during transportation. Brands are adopting advanced packaging techniques and materials to enhance durability.
2. Weight and Transportation Costs: Glass is heavier than alternative materials, leading to higher transportation costs. Businesses are addressing this by exploring lightweight options and optimizing supply chains.
3. Environmental Concerns: While glass is recyclable, its production process consumes significant energy. Manufacturers are investing in cleaner production methods and advocating for responsible recycling.
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
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
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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 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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