Asia-Pacific Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 25.32 Million tonnes |
| Market Volume (2029) | 32.14 Million tonnes |
| CAGR (2024 - 2029) | 4.89 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia-Pacific Container Glass Market Analysis
The Asia-Pacific Glass Bottles And Containers Market size is estimated at 25.32 Million tonnes in 2024, and is expected to reach 32.14 Million tonnes by 2029, at a CAGR of 4.89% during the forecast period (2024-2029).
- In the Asia-Pacific region, the food, beverage, and pharmaceutical sectors are driving a surge in demand for glass containers. This uptick is largely attributed to bans on plastic packaging, a push for sustainability, and a well-established recycling infrastructure throughout the region.
- Data from the International Trade Centre highlights China's dominance in Asia's glass container exports, tallying 1,898,260 tons in 2023, with India trailing at 357,747 tons. As both nations ramp up their export activities, they're poised to channel investments into cutting-edge production technologies. Such advancements promise not only superior product quality but also streamlined processes, potentially slashing costs and bolstering the competitiveness of glass containers against other packaging alternatives.
- In India, the rising appetite for alcoholic beverages is set to propel the glass container industry's expansion. Glass bottles, especially for wine, are favored for their protective qualities against sunlight-induced spoilage. Agriculture and Agri-Food Canada forecasts India's wine consumption to hit 52.2 million liters by 2025, further amplifying the demand for glass packaging.
- With the crackdown on single-use plastics, there's been a notable pivot towards alternatives like glass. In Japan, the financial outlay for recycling glass bottles stands out as more economical compared to other packaging materials. Data from the Japan Containers and Packaging Recycling Association reveals that in 2023, recycling costs for amber and colorless glass bottles were about JPY 8.2 (USD 0.058) and JPY 6 (USD 0.042) per kilogram, respectively. Such cost benefits are nudging manufacturers towards glass packaging.
- Producing glass is an energy-intensive endeavor, demanding elevated temperatures to melt raw materials. This energy requirement can inflate operational costs, particularly in areas grappling with surging energy prices or stringent environmental mandates. Moreover, fluctuations in the prices of key raw materials like silica, soda ash, and limestone can further escalate production expenses.
Asia-Pacific Container Glass Market Trends
Beverage Occupies the Largest Market Share
- The beverage industry’s dominance, accounting for approximately 60% of the market share in the Asia-Pacific container glass market, plays a pivotal role in driving the market's growth.
- Consumers are increasingly aware of the health benefits of using glass over plastic, particularly for beverages. Glass is non-toxic, does not leach chemicals into the product, and is considered safer for long-term use, especially in alcoholic beverages. This shift in consumer preference is expected to fuel growth in the container glass market.
- China's packaging industry is experiencing rapid and steady growth, fueled by the country's expanding economy and a growing middle class with increased purchasing power. The beverage market's expansion is driving a heightened demand for packaging, particularly in the glass container segment. While each beverage category presents unique challenges and opportunities, emerging trends in Chinese consumer lifestyles are shaping the demand for glass packaging.
- China's major urban areas have witnessed an increase in the consumption of both alcoholic and non-alcoholic beverages. Alcoholic beverages, with roots in ancient times, include rice wine, grape wine, beer, whiskey, and various spirits. Baijiu remains the most consumed distilled spirit in China.
- According to HKEXnews, in 2021, Nongxiang flavor baijiu generated revenue of approximately CNY 286 billion (USD 40.42 billion), accounting for over half of China's baijiu sales revenue. The revenue from Nongxiang flavor baijiu is projected to reach CNY 312.9 billion (USD 44.22 billion) by 2026.
- Korean drinking culture extends beyond alcohol consumption to include traditional accompanying foods. Korean cuisine, known for its intense and spicy flavors, often complements alcohol consumption. From traditional rice wines to the increasingly popular soju, alcohol plays a central role in Korean society and culture. The market is predominantly characterized by low-priced brands producing soju for mass consumption.
- Glass packaging offers several advantages for beverage storage. It is sustainable, infinitely recyclable, reusable, refillable, and inert, containing no synthetic chemicals. These properties make glass a viable option for packaging beverages safely.
- Coca-Cola Japan has implemented various sustainability initiatives, including removing plastic labels from drinks and reducing power consumption in vending machines. This aligns with the company's global commitment to recycle 25% of packaging worldwide by 2030 and implement reusable packaging, including glass bottles. Such initiatives are contributing to the growth of the glass container market in the region.
- Increasing health and wellness awareness among consumers is driving demand for functional beverages, which are perceived to offer various health benefits. Glass packaging aligns with this trend as it is considered a safe and hygienic option for preserving the nutritional integrity of beverages, thus supporting the growth of the glass containers market.
- According to Hong Kong Exchanges and Clearing Limited, the retail sales of functional beverages in China reached nearly USD 15.82 billion in 2019 and are projected to reach USD 24.82 billion by 2024.
India to Account for Significant Market Growth
- The increasing demand for dairy products is driving innovation in glass packaging design. Manufacturers are likely to invest in research and development to create glass bottles and containers that offer improved convenience, durability, and aesthetic appeal. This innovation is expected to contribute to the growth of the Asia-Pacific glass packaging market.
- The dairy industry's focus on sustainability and eco-friendly packaging solutions further propels the adoption of glass containers, as they are recyclable and can be reused multiple times.
- India's dominant position in global milk production further supports this trend. According to Invest India, the country leads worldwide milk production, contributing 25% of the global output. India's milk production increased by 58% between 2014-15 and 2022-23, reaching 230.58 million tonnes in 2022-23. This significant growth in milk production has led to an increased demand for high-quality packaging solutions, with glass bottles being a preferred choice for premium dairy products.
- Soft drink manufacturers are actively promoting the use of glass bottles. In March 2023, Coca-Cola India's Thumbs Up launched a television campaign, 'Toofan Glass Mein Nahin, Glass Se Peete Hain,' encouraging consumers to experience the beverage from returnable glass bottles. The company aims to sell at least 25% of its beverages globally in reusable or returnable containers by 2030, including drinks sold at soda fountains and in glass bottles.
- This initiative not only promotes sustainability but also enhances the consumer experience, as glass bottles are known to maintain the beverage's carbonation and flavor better than other packaging materials.
- The growth in non-alcoholic beverages, particularly soft drinks, is also expected to impact the market demand for glass packaging. The rising health consciousness among consumers has led to an increase in the consumption of natural and organic beverages, which are often packaged in glass bottles to maintain their purity and freshness. Additionally, the premium segment of non-alcoholic beverages, including craft sodas and artisanal drinks, often opts for glass packaging to convey a sense of quality and luxury.
- Increased exports of alcoholic beverages are driving demand for glass bottles and containers. Glass packaging is preferred for alcoholic beverages due to its ability to preserve flavor and quality. According to APEDA, in the financial year 2023, India's export value of alcoholic beverages reached USD 316 million, an increase of USD 38 million from the previous year.
- This growth in exports has led to a higher demand for premium glass packaging, as international markets often have stringent quality and packaging requirements for imported alcoholic beverages. Furthermore, the rise of craft breweries and distilleries in the region has created a niche market for specialized glass bottles and containers, further driving the growth of the glass packaging industry.
Asia-Pacific Container Glass Industry Overview
The Asia-Pacific container glass market is characterized by fragmented, with several major companies competing for market share. These companies consistently invest in strategic partnerships and product development initiatives to strengthen their positions in the market.
Key players in the market include multinational corporations and regional manufacturers. These companies often focus on expanding their production capacities, enhancing their distribution networks, and developing innovative packaging solutions to meet diverse customer needs. Some firms also engage in mergers and acquisitions to consolidate their market presence and gain access to new technologies or market segments.
Asia-Pacific Container Glass Market Leaders
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Gerresheimer AG
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Guangdong Huaxing Glass Co., LTD
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Maidao Industry Co. Ltd
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JL Glass Co., Ltd
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PGP Glass Private Limited
*Disclaimer: Major Players sorted in no particular order
Asia-Pacific Container Glass Market News
- May 2024: TricorBraun has successfully acquired UniquePak, a distributor known for its expertise in spirits packaging, alongside Alplas Products (Alplas), which specializes in industrial packaging distribution in Australia. This strategic move not only broadens TricorBraun's footprint in Australia and New Zealand (ANZ) but also solidifies its position as a leading packaging provider in the region.
- May 2024: TOYO GLASS has launched Japan's inaugural oxygen combustion system in a sizable glass-melting furnace, targeting a reduction in greenhouse gas emissions. This pioneering system, installed in a furnace capable of producing over 200 tons of bottle glass daily, marks a significant milestone for the nation. By eliminating nitrogen, the oxygen combustion system enhances heat transfer efficiency to glass. As a result, it's projected to cut greenhouse gas emissions by around 20% per furnace, all while upholding the existing production capacity.
Asia-Pacific Glass Bottles And Containers Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Export-Import Data of Container Glass
4.3 PESTEL Analysis of Container Glass Market
4.4 Industry Standard and Regulation for Container Glass Use for Packaging
4.5 Raw Material Analysis and Material Consideration for Packaging
4.6 Sustainability Trends for Glass Packaging
4.7 Container Glass Furnace and Location in Asia- Pacific Region
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Increased Demand for Sustainable Packaging Solutions Boosting Glass Use
5.1.2 Growing Pharmaceutical Industry Preference for Glass Packaging
5.2 Market Challenge
5.2.1 High Manufacturing and Energy Costs Limiting Growth in the Container Glass Market
5.3 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Asia-Pacific
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Bevarages
6.1.1.1 Alcoholic
6.1.1.1.1 Beer and Cider
6.1.1.1.2 Wine and Spirits
6.1.1.2 Non-Alcoholic
6.1.1.2.1 Carbonated Soft Drinks
6.1.1.2.2 Juices
6.1.1.2.3 Water
6.1.1.2.4 Dairy Based Drinks
6.1.1.2.5 Flavored Drinks
6.1.2 Food
6.1.3 Cosmetics
6.1.4 Pharmaceutical (Excluding Vials and Ampoules)
6.1.5 Other End-User Vertical
6.2 By Country
6.2.1 China
6.2.2 India
6.2.3 Japan
6.2.4 Thailand
6.2.5 Australia and New Zealand
6.2.6 South Korea
6.2.7 Vietnam
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Gerresheimer AG
7.1.2 Guangdong Huaxing Glass Co., LTD
7.1.3 Maidao Industry Co. Ltd
7.1.4 JL Glass Co., Ltd
7.1.5 PGP Glass Private Limited
7.1.6 KOA GLASS CO., LTD.
7.1.7 AGI glaspac
7.1.8 CANPACK GROUP
7.1.9 Emerge Glass
7.1.10 JAPAN SEIKO GLASS CO.,LTD.
- *List Not Exhaustive
8. SUPPLEMENTARY COVERAGE - ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN THE REGION
9. FUTURE OUTLOOK OF THE MARKET
Asia-Pacific Container Glass Industry Segmentation
Container glass is used in the alcoholic and non-alcoholic beverage industries due to its ability to maintain chemical inertness, sterility, and non-permeability. Glass packaging is valued for its unique properties, including its transparency, inertness, and ability to preserve the quality and integrity of its contents. It is often chosen for products where purity, safety, and environmental sustainability are paramount concerns.
The Asia-Pacific container glass market is segmented by end-user vertical (beverages [alcoholic (wines and spirits, beer, and cider), non-alcoholic (carbonated soft drinks, juices, water, dairy-based, flavored drinks, etc.)] food, cosmetics, pharmaceuticals, and other end-user vertical) and country (China, India, Japan, Thailand, Australia and New Zealand, South Korea, Vietnam, Rest of Asia Pacific). The report offers market forecasts and size in volume (tonnes) for all the above segments.
| By End-user Vertical | |||||||||||||
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| Food | |||||||||||||
| Cosmetics | |||||||||||||
| Pharmaceutical (Excluding Vials and Ampoules) | |||||||||||||
| Other End-User Vertical |
| By Country | |
| China | |
| India | |
| Japan | |
| Thailand | |
| Australia and New Zealand | |
| South Korea | |
| Vietnam |
Asia-Pacific Glass Bottles And Containers Market Research FAQs
How big is the Asia-Pacific Glass Bottles And Containers Market?
The Asia-Pacific Glass Bottles And Containers Market size is expected to reach 25.32 million tonnes in 2024 and grow at a CAGR of 4.89% to reach 32.14 million tonnes by 2029.
What is the current Asia-Pacific Glass Bottles And Containers Market size?
In 2024, the Asia-Pacific Glass Bottles And Containers Market size is expected to reach 25.32 million tonnes.
Who are the key players in Asia-Pacific Glass Bottles And Containers Market?
Gerresheimer AG, Guangdong Huaxing Glass Co., LTD, Maidao Industry Co. Ltd, JL Glass Co., Ltd and PGP Glass Private Limited are the major companies operating in the Asia-Pacific Glass Bottles And Containers Market.
What years does this Asia-Pacific Glass Bottles And Containers Market cover, and what was the market size in 2023?
In 2023, the Asia-Pacific Glass Bottles And Containers Market size was estimated at 24.08 million tonnes. The report covers the Asia-Pacific Glass Bottles And Containers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Glass Bottles And Containers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Glass Bottles And Containers Industry Report
Statistics for the 2024 Asia - Pacific Glass Bottles and Containers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia - Pacific Glass Bottles and Containers analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
Asia-Pacific Glass Bottles And Containers Market Report Snapshots
