Bangladesh Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 407.30 Thousand tons |
| Market Volume (2029) | 416.95 Thousand tons |
| CAGR (2024 - 2029) | 0.47 % |
| Market Concentration | High |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
Bangladesh Container Glass Market Analysis
The Bangladesh Container Glass Market size is estimated at 407.30 Thousand tons in 2024, and is expected to reach 416.95 Thousand tons by 2029, at a CAGR of 0.47% during the forecast period (2024-2029).
- Bangladesh's demand for glass containers has grown in recent years, driven by urbanisation, changing consumer preferences, and increased demand for packaged goods. As more people move to cities, urban consumers are adopting packaged goods that often require glass containers, such as bottled beverages (soft drinks, juices, alcoholic beverages), jams, sauces, and dairy products. Glass containers are perceived as a safer and more environmentally friendly alternative to plastic, particularly for preserving the quality and taste of food and beverages. Many consumers in Bangladesh, especially in urban areas, are becoming more health-conscious and prefer glass packaging.
- Bangladesh is a significant producer of spices, pickles, and sauces, which are commonly packaged in glass jars for domestic consumption and export. Local and international markets drive the demand for glass containers, as global consumers often prefer premium packaging for imported goods. The growth in international trade of packaged food and beverages increases the need for glass containers that meet global packaging standards.
- Further, rising disposable incomes and changing lifestyles in urban areas drive increased demand for packaged food and beverages, boosting the need for glass containers. Critical markets for glass packaging include urban centres such as Dhaka, Chittagong, and Sylhet. Bangladesh's rapidly growing middle class, particularly in urban areas, fuels demand for packaged goods, which frequently utilise glass containers. This demographic tends to prefer packaged products for their convenience and perceived quality.
- Bangladesh's annual glass production capacity of 441,650 tons is essential in meeting the increasing demand for glass containers in key sectors such as food and beverage, cosmetics, and pharmaceuticals. The rising consumer preference for premium and sustainable packaging in these industries is driving the demand for glass containers.
- Bangladesh's current production capacity positions it to address this growing demand across these diverse sectors. However, as demand continues to increase, ongoing investments will be crucial. Improving manufacturing efficiency, reducing costs, and addressing supply chain challenges will be necessary to ensure this capacity can fully meet the evolving needs of the food, beverage, cosmetics, and pharmaceutical industries.
- Geopolitical tensions in Bangladesh can significantly impact the glass container packaging market through various channels, potentially constraining its growth despite overall industry expansion. These factors affect supply chains, investment, trade relations, and market stability. Foreign Direct Investment (FDI) may decrease due to perceived political instability, impeding the development and modernization of glass production facilities.
- Additionally, strained diplomatic relations with key trading partners could lead to reduced export opportunities and increased trade restrictions, directly impacting the demand for locally produced glass packaging products. These geopolitical challenges may limit the industry's capacity to meet growing demand and hinder its overall potential in the global market.
Bangladesh Container Glass Market Trends
Beverage segment to Hold Significant Market Share
- Bangladesh's economic growth has increased disposable income, especially in urban areas. This rise in purchasing power drives a shift towards higher-quality branded products. In the beverage sector, consumers are increasingly opting for premium drinks like bottled juices, carbonated soft drinks, energy drinks, alcoholic beverages, and sparkling water. Many of these products are packaged in glass containers, which are preferred for their premium image, superior preservation qualities, and aesthetic appeal.
- Bangladesh's Gross Domestic Product (GDP) is expected to grow from USD 446.35 billion in 2023 to USD 779.98 billion in 2029. This economic expansion will likely impact various sectors, including the beverage industry, affecting the demand for glass containers.
- The rising GDP in Bangladesh correlates with increased consumer awareness about health and wellness. As the country's middle class expands, more consumers are becoming health-conscious, leading to higher demand for healthier beverage options such as fresh fruit juices, herbal teas, and non-alcoholic sparkling waters. Glass containers are preferred over plastic as a more nutritious option, as glass is non-toxic, does not leach chemicals, and better preserves the taste and nutrients of beverages.
- Global efforts to reduce plastic waste are influencing the Bangladeshi market. As environmental awareness increases alongside economic growth, glass packaging becomes an attractive choice for consumers and producers. Glass, being more sustainable than plastic, aligns with the growing emphasis on reducing environmental footprints. This shift in consumer preferences and brand strategies contributes to Bangladesh's increased demand for glass packaging.
- Bangladesh's rising GDP is driving growth in the beverage sector, with increased production of soft drinks, juices, energy drinks, bottled water, and alcoholic beverages. This growth, coupled with the entry of international brands like Coca-Cola, PepsiCo, and Heineken, is fueling demand for glass packaging. As local manufacturers expand operations and global companies introduce premium products in glass containers, the glass packaging market in Bangladesh is experiencing significant growth. This trend influences local producers to adopt similar packaging strategies, further boosting the demand for glass in the beverage industry.
Food segment Expected to Hold Significant Share in the Market
- Bangladesh's rising health and wellness consciousness has increased demand for organic, natural, and unprocessed food products. Glass containers are preferred for packaging these items due to their ability to maintain food integrity without introducing harmful chemicals or preservatives. Products such as organic jams, honey, natural juices, sauces, and condiments are increasingly packaged in glass, as they preserve both the quality and taste of natural food items.
- Bangladesh's rapid urbanisation, especially in major cities like Dhaka and Chittagong, is also driving demand for convenience foods. Glass containers, known for their superior preservation qualities, are well-suited for packaged foods such as ready-to-eat meals, canned fruits, vegetables, and soups. Urban consumers with busy lifestyles seek products that are easy to consume, and glass packaging meets this need by offering both practicality and quality preservation.
- The increasing export of Bangladeshi food products, including processed and packaged goods, has significantly boosted the demand for glass packaging. As markets in the Middle East and Europe expand their imports of high-quality Bangladeshi food items, manufacturers are adopting glass as the primary packaging material to meet international standards and consumer preferences.
- Bangladesh's export performance has demonstrated substantial growth in recent years. The export value increased from USD 33.61 billion in 2020 to USD 55.79 billion in 2023. This export surge underscores the expanding global reach of Bangladeshi products, including processed food items, condiments, canned goods, and ready-to-eat meals, utilising glass containers for packaging.
- Countries in the Middle East and Europe are leading the shift towards higher-quality packaging materials. In Bangladesh, food exporters adopt glass packaging to position their products as premium offerings. This strategy helps local manufacturers attract retailers and consumers increasingly seeking high-end food products.
Bangladesh Container Glass Industry Overview
The Bangladesh glass containers market is characterised by a concentrated landscape with numerous players competing for market share. This competitive environment fosters innovation and drives companies to differentiate their offerings to meet diverse customer needs.
The market includes suppliers and smaller regional manufacturers, each contributing to the industry's dynamism. Key players in this market include J.M.S.Glass Industries Limited, The Bengal Glass Works Limited, Feemio Group Co., Ltd., ANHUI DELI HOUSEHOLD GLASS CO LTD, and HSIL Limited. has established strong positions through its extensive product portfolios, technological advancements, and strategic partnerships.
Bangladesh Container Glass Market Leaders
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J.M.S.Glass Industries Limited
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The Bengal Glass Works Limited
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Feemio Group Co., Ltd.
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ANHUI DELI HOUSEHOLD GLASS CO LTD
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HSIL Limited.
*Disclaimer: Major Players sorted in no particular order
Bangladesh Container Glass Market News
- September 2024: Diageo's Johnnie Walker has introduced its limited edition Blue Label Ultra bottle, which the company claims is their lightest 70cl Scotch whisky glass bottle. This innovative packaging represents a significant step in the brand's commitment to sustainability and eco-friendly design. The lightweight bottle not only reduces the environmental impact of transportation but also maintains the premium quality and presentation expected from the Blue Label range. Johnnie Walker is a well-known whisky brand in Bangladesh, where it has gained popularity among whisky enthusiasts for its distinctive flavour profile and brand prestige. Introducing this new bottle design may further enhance the brand's appeal in the Bangladeshi market, potentially attracting environmentally conscious consumers while maintaining its luxury status.
- February 2024: Turkish beverage company Coca-Cola Içecek has announced plans to fully acquire Coca-Cola Bangladesh Beverages Limited for USD 130 million. Established in 2009, Coca-Cola Bangladesh is one of two companies responsible for producing, selling, and distributing Coca-Cola's sparkling and still beverages in Bangladesh. The company serves approximately 100 million consumers across the Rangpur, Rajshahi, Mymensingh, and Dhaka regions. Coca-Cola Bangladesh's distribution network includes around 300,000 points of sale and partnerships with approximately 500 distributors. Over the past five years, Coca-Cola Bangladesh has steadily strengthened its market position, becoming the leader in the sparkling beverage category with a 45.3% value market share in 2023. This acquisition also creates a more diverse geographical footprint for Coca-Cola Içecek. It solidifies its alignment with The Coca-Cola Company and the increasing demand for glass bottles for the drink.
Bangladesh Container Glass 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 - Container Glass Industry in Bangladesh
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
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Demand for Eco-friendly Products
5.1.2 Surging Demand from the Food and Beverage Market
5.2 Market Challenges
5.2.1 Increasing Adoption of Glass Alternatives Challenges Traditional Markets
5.2.2 Rising Geopolitical Tension Limit the Market and Production
5.3 Analysis of the Current Positioning of Bangladesh in the Asian Container Glass Market
5.4 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Bangladesh
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Alcoholic (Qualitative Analysis For Segment Analysis)
6.1.1.1 Beer and Cider
6.1.1.2 Wine and Spirits
6.1.2 Non-alcoholic (Qualitative Analysis For Segment Analysis)
6.1.2.1 Carbonated Soft Drinks
6.1.2.2 Dairy-based
6.1.2.3 Water and Other Non-alcoholic Beverages
6.1.3 Food
6.1.4 Cosmetics
6.1.5 Pharmaceutical
6.1.6 Other End-user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 J.M.S.Glass Industries Limited
7.1.2 The Bengal Glass Works Limited
7.1.3 Feemio Group Co., Ltd.
7.1.4 ANHUI DELI HOUSEHOLD GLASS CO LTD
7.1.5 HSIL Limited.
7.1.6 Hindustan National Glass & Industries Limited.
8. FUTURE OUTLOOK OF THE MARKET
Bangladesh Container Glass Industry Segmentation
Glass containers are vessels made from glass used to store and protect products such as food, beverages, pharmaceuticals, cosmetics, and chemicals. Available in diverse shapes and sizes, such as bottles, jars, and vials, these containers provide airtight seals and protect contents from external contaminants. Glass packaging is valued for its non-reactive nature, preservation of product quality, and high recyclability. These attributes make glass containers a preferred choice for packaging across multiple industries.
The Bangladesh container glass market is segmented by end-user vertical (beverages (alcoholic (wines and spirits, beer, and cider), non-alcoholic (carbonated soft drinks, dairy-based, water, and other non-alcoholic beverages))food, cosmetics, pharmaceuticals, and other end-user vertical). The market sizes and forecasts are provided in terms of volume (Tons) for all the above segments.
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| Other End-user Verticals |
Bangladesh Container Glass Market Research FAQs
How big is the Bangladesh Container Glass Market?
The Bangladesh Container Glass Market size is expected to reach 407.30 thousand tons in 2024 and grow at a CAGR of 0.47% to reach 416.95 thousand tons by 2029.
What is the current Bangladesh Container Glass Market size?
In 2024, the Bangladesh Container Glass Market size is expected to reach 407.30 thousand tons.
Who are the key players in Bangladesh Container Glass Market?
J.M.S.Glass Industries Limited, The Bengal Glass Works Limited, Feemio Group Co., Ltd., ANHUI DELI HOUSEHOLD GLASS CO LTD and HSIL Limited. are the major companies operating in the Bangladesh Container Glass Market.
What years does this Bangladesh Container Glass Market cover, and what was the market size in 2023?
In 2023, the Bangladesh Container Glass Market size was estimated at 405.39 thousand tons. The report covers the Bangladesh Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Bangladesh Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Bangladesh Container Glass Industry Report
Statistics for the 2024 Bangladesh Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Bangladesh Container Glass analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
