Chile Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 1.01 Million tons |
| Market Volume (2029) | 1.44 Million tons |
| CAGR (2024 - 2029) | 6.03 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Chile Container Glass Market Analysis
The Chile Container Glass Market size in terms of shipment volume is expected to grow from 1.01 Million tons in 2024 to 1.44 Million tons by 2029, at a CAGR of 6.03% during the forecast period (2024-2029).
- Container glass plays a pivotal role in packaging a diverse range of beverages, from beers and wines to spirits, liqueurs, and soft drinks. Beyond the beverage realm, these glass containers are also utilized for packaging dry powders, granules, and various liquids. Notably, certain beverages, like carbonated drinks, are stored under pressure, while others may undergo heat sterilization.
- Chile's pharmaceutical industry serves as a catalyst, positively influencing various sectors of the economy. A significant advantage for foreign pharmaceutical companies eyeing Chile as an investment hub is the country's extensive network of free trade agreements. These agreements not only bolster exports but also empower companies to meet the regional and global demand for pharmaceutical products.
- Data from UN Comtrade and Servicio Nacional de Aduanas reveals that in 2023, Chile's pharmaceutical exports surpassed USD 205 million. The primary destinations for these exports included Ecuador, Paraguay, Bolivia, Peru, Colombia, and Spain. Given that the pharmaceutical sector favors glass for its chemical stability and non-reactivity—ensuring the preservation of sensitive drugs—the robust export figures underscore a strong demand for glass bottles and containers. This demand is crucial for the safe transportation and distribution of pharmaceuticals in the market.
- Chile is an active participant in global trade. As reported by the International Trade Center, Chile exported 112,364 tons of container glass products in 2023. This marked a decline from the 138,256 tons exported in 2022, highlighting a domestic demand for container glass from end-user industries.
- Despite these trends, 2023 posed challenges for Chile, with an economic slowdown and political uncertainties making companies and end-users more cautious in their spending. This caution could partially hinder the industry's growth.
- In a bid to champion environmental sustainability, the Chilean government is rolling out policies that not only promote recycling but also aim to curtail plastic usage. Such initiatives could further bolster the glass bottle and container market, especially as businesses and consumers pivot towards sustainable practices. A testament to this shift: in 2023, Cristalerias de Chile, a leading container glass manufacturer, announced that their glass containers were crafted from 41% recycled glass, sourced from their Padre Hurtado Plant after a process of destruction and recovery.
Chile Container Glass Market Trends
Demand From the Alcoholic Beverage Boosts the Topline
- Over the past two decades, Chile's alcoholic beverage consumption has seen a notable shift. While traditional spirits like pisco and aguardiente have long held their ground, the nation's palate has broadened. At present beer leads as the most consumed alcoholic beverage, trailed by pisco, wines, and stronger spirits including gin, rum, whisky, and vodka.
- According to the National Library of Medicine, alcohol consumption is a prevalent norm in Chile. Over half of the population aged 15-64 engages in drinking, with around 17% identified as problematic drinkers. Such entrenched drinking habits are poised to influence the demand for container bottles used in alcohol packaging.
- Chile is home to a diverse array of microbreweries and nanobreweries, each showcasing distinct brewing philosophies. With beer predominantly packaged in glass bottles, a surge in consumption naturally translates to heightened demand for glass packaging. Thus, as beer consumption in Chile rises, so too will the need for glass bottles for storage and transport.
- Data from UN Comrade, published in February 2024, highlights a significant uptick in Chile's beer exports. Volumes surged from 687.63 thousand litres in 2019 to 1,429.76 thousand litres in 2022. This upward trajectory in exports is anticipated to continue, further driving the demand for beer's glass bottles.
- As wine consumption grows and market competition intensifies, wineries are likely to turn to distinctive and appealing glass bottle designs for differentiation. In a testament to this trend, in July 2024, Chilean wine brand Casillero del Diablo unveiled its new 'BeLight' line – a duo of lighter, lower-calorie wines – in premium glass bottles. Such initiatives underscore a sustained demand for glass bottles in the near future.
Personal Care Sector Backed the Demand For Glass Bottles and Containers
- The Chilean beauty and personal care market is witnessing rapid expansion, with facial cosmetics leading the charge. This surge is driven by heightened consumer awareness of skincare, the pervasive influence of social media, and a growing trend towards self-care and grooming. Notably, Chile predominantly imports its cosmetic products. Data from UN Comtrade highlights that in 2023, perfumes and toiletries topped the list of imports in Chile.
- A heightened emphasis on personal grooming is a primary catalyst for the industry's growth. The introduction of cosmetics featuring organic, natural, and non-toxic ingredients has further propelled this expansion. Moreover, the widespread accessibility of these products through diverse sales channels, especially online and e-commerce platforms, has significantly boosted their sales value.
- Chile stands out as a dominant player in the global beauty retail market, holding a pivotal position in Latin America. Data from the World Federation Statistical Database reveals that from 2020 to 2023, cosmetics and personal care products consistently represented over 70% of Chile's total direct retail sales.
- As the beauty and personal care market flourishes, brands are increasingly turning to premium, eye-catching packaging as a means of product differentiation. Glass containers, synonymous with luxury and quality, are in high demand for skincare, perfumes, and other beauty products, driving a surge in glass packaging demand.
- Urbanization, coupled with the rise of modern retail formats, has led to a boom in urban supermarkets. Given that a substantial portion of the population resides in these urban areas, the proximity of supermarkets ensures easy access to cosmetic products, further fueling the demand for beauty product packaging.
Chile Container Glass Industry Overview
The Chile Container Glass Market is consolidated and consists of few major players such as Cristalerias de Chile S.A., Cristalerías Toro S.p.A., Verallia SA, among others. In terms of market share, few of the major players currently dominate the market. However, with creative and decorative packaging patterns, mid-size to smaller companies are increasing their market presence by securing new contracts and by tapping new markets.
Chile Container Glass Market Leaders
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Verallia SA
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Cristalerias de Chile S.A.
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Titanio Sa
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TricorBraun South America SAS
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Cristalerías Toro S.p.A.
*Disclaimer: Major Players sorted in no particular order
Chile Container Glass Market News
- September 2024: Verallia, a global leader in container glass with operations in Chile, has launched its inaugural 100% electric furnace. This cutting-edge technology slashes CO2 emissions by 60% when juxtaposed with conventional furnaces. This initiative aligns with the Group's bold decarbonization strategy, underscoring a pivotal move towards a greener future for the glass sector.
- April 2024: Chile's key container glass producer, Cristalerías Chile, reported a notable 20% surge in container sales. This uptick was primarily fueled by robust domestic demand for one-way beer formats and wine bottles. The firm also affirmed a recent investment in new production equipment would enable them to cut costs.
Chile 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 PESTEL ANALYSIS - Container Glass Industry in Chile
4.3 Industry Standard and Regulation for Container Glass Use for Packaging
4.4 Raw Material Analysis and Material Consideration for Packaging
4.5 Sustainability Trends for Glass Packaging
4.6 Container Glass Furnace Capacity and Location in Chile
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Strong Demand From the Alcohlic Beverage
5.1.2 Surging Demand from the Sustainable Eco-Friendly Packaging Across the Market
5.2 Market Challenge
5.2.1 Labor Market Related Issues and Other Macroeconomic Pressures Dents the Industry
5.3 Analysis of the Current Positioning of Chile in the European Container Glass Market
5.4 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Chile
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Beverage
6.1.1.1 Alcoholic (Qualitative Analysis For Segment)
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 Dairy-based
6.1.1.2.3 Water
6.1.1.2.4 Other Non-Alcoholic Beverages
6.1.2 Food
6.1.3 Cosmetics
6.1.4 Pharmaceutical
6.1.5 Other End-user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Verallia SA
7.1.2 Cristalerias de Chile S.A.
7.1.3 Cristalerías Toro S.p.A.
7.1.4 Titanio Sa
7.1.5 TricorBraun South America SAS
8. SUPPLEMENTARY COVERAGE - ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN Chile
9. FUTURE OUTLOOK OF THE MARKET
Chile Container Glass Industry Segmentation
Glass Containers refer to clean bottles and jars made from glass. The scope excludes windows and other non-container glass products. 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. The Bulgaria glass containers market tracks the shipment volume of different types of glass containers across end-user industries in the market.
Chile Container Glass Market is segmented by end-user industry ((beverages (alcoholic beverages (beer and cider, and wines and spirits) and non-alcoholic beverages (carbonated soft drinks, dairy-based, water, and other non-alcoholic beverages)), food, cosmetics, pharmaceutical, and other end-user industries). 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 |
Chile Container Glass Market Research FAQs
How big is the Chile Container Glass Market?
The Chile Container Glass Market size is expected to reach 1.01 million tons in 2024 and grow at a CAGR of 6.03% to reach 1.44 million tons by 2029.
What is the current Chile Container Glass Market size?
In 2024, the Chile Container Glass Market size is expected to reach 1.01 million tons.
Who are the key players in Chile Container Glass Market?
Verallia SA, Cristalerias de Chile S.A., Titanio Sa, TricorBraun South America SAS and Cristalerías Toro S.p.A. are the major companies operating in the Chile Container Glass Market.
What years does this Chile Container Glass Market cover, and what was the market size in 2023?
In 2023, the Chile Container Glass Market size was estimated at 0.95 million tons. The report covers the Chile Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Chile Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Chile Container Glass Industry Report
Statistics for the 2024 Chile Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Chile 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.
