Congo Container Glass Market Size
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 39.69 kilotons |
Market Volume (2029) | 45.90 kilotons |
CAGR (2024 - 2029) | 2.95 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Congo Container Glass Market Analysis
The Congo Container Glass Market size in terms of shipment volume is expected to grow from 39.69 kilotons in 2024 to 45.90 kilotons by 2029, at a CAGR of 2.95% during the forecast period (2024-2029).
In the Republic of the Congo, as in many developing markets, the demand for container glass is shaped by various factors, such as economic growth, urbanization, and shifting consumer preferences.
- Urbanization drives the demand for packaged goods, highlighting the need for safe and durable packaging solutions, a niche where container glass excels. As industries like food, beverage, pharmaceuticals, and cosmetics expand, sustained economic growth boosts the demand for various packaging materials, notably container glass.
- According to the World Bank, the Democratic Republic of Congo boasts the third-largest urban population in sub-Saharan Africa, with an estimated 43% urbanization rate in 2016. The urban population is projected to expand at an annual rate of 4.1%, and if this trajectory persists, the urban populace could double within 15 years. Consequently, with its population of 12 million and an annual growth rate of 5.1%, Kinshasa is on track to emerge as Africa's most populous city by 2030.
- The country also supplies raw materials required for making container glass, such as limestone. The Congo boasts significant limestone deposits among its diverse natural resources. As per OEC World, a few years ago, the DRC ranked as the 45th largest limestone exporter globally, primarily shipping to Burundi and China.
- Africa's current glass production capacity needs to catch up to its demand, presenting a lucrative opportunity for investors to meet the continent's glass requirements. With abundant resources like limestone, a primary raw material for glass production, Africa can leverage its local assets. Investing in cutting-edge technologies can streamline glass production in the country over the forecast period.
- The DRC's underdeveloped infrastructure hampers the transportation and distribution of raw materials and finished products. Economic hurdles, including inflation and currency fluctuations, have invaded the country. Such instability can diminish consumer purchasing power, impacting the demand for glass containers, especially in the food and beverage sectors.
Congo Container Glass Market Trends
The Demand from Food and Beverage Sectors is Expected to Drive the Market Growth
- Opportunities characterize the glass bottles and containers market in Congo. Key sectors driving this market include food and beverages, etc. Rapid urbanization and changing consumer preferences have increased demand for packaged products that ensure safety and quality.
- Glass packaging is valued for its non-toxic properties, ability to preserve product taste and quality, and environmental friendliness. These attributes make glass an attractive option for producers aiming to meet the expectations of health-conscious and sustainability-oriented consumers.
- The beverage industry, including bottled water, beer, and other alcoholic drinks, primarily uses glass bottles in Congo. Glass is perceived as a premium packaging material that maintains freshness and authenticity, sustaining its demand. The pharmaceutical sector also utilizes glass containers for certain drugs and treatments requiring high safety standards and non-reactive storage.
- In Congo, population growth, economic conditions, cultural preferences, and urbanization shape the beverage demand. Local tastes play a pivotal role in shaping the beverage market. According to the World Bank, consumer spending on food and non-alcoholic beverages in the Republic of the Congo in 2020 was USD 2,619.81 million, and it is expected to reach USD 3,302.33 million by 2024.
- The market landscape could be transformed through efforts to strengthen local production and improve supply chains. Investing in domestic glass manufacturing capabilities and implementing policies to support sustainable and eco-friendly packaging solutions would contribute to sector growth. These developments would reduce import reliance and address the local market's increasing demand for high-quality glass packaging.
Pharmaceutical Industry to Witness Growth in the Country
- The country grapples with health challenges, notably infectious diseases such as malaria, HIV/AIDS, and tuberculosis. These health concerns fuel the demand for effective medications, propelling growth in the pharmaceutical sector.
- Enhanced regulatory frameworks and policies focused on bolstering drug safety and quality stand to benefit the pharmaceutical sector. Furthermore, the formation of regulatory bodies plays a pivotal role in shaping the entry and operations of pharmaceutical companies.
- According to the International Trade Administration, with a population nearing 77 million, the DRC has a significant demand for pharmaceutical products. The Congolese particularly favour U.S. pharmaceutical products due to their perceived quality. However, the prevalence of counterfeit drugs in the DRC has heightened the Congolese's preference for authentic American brands. Such preference by the pharmaceutical will promote the need for container glass products in the industry.
- As reported by Africa For Investors (AFI), a firm that links global investors with African business prospects, the Congolese government is implementing regulatory reforms to boost the pharmaceutical industry's growth. The Kin-Malebo region emerges as an attractive entry point for investors eager to seize this enticing opportunity, offering assistance in factory establishment, securing approvals, and facilitating local market sales. This would create container glass manufacturers to set up their businesses serving various end-user industries nationwide.
- Heightened public awareness of health and wellness is propelling the growth of the pharmaceutical sector, subsequently driving up the demand for packaging solutions. According to the World Bank, the total consumer spending on healthcare in the Republic of the Congo in 2020 was USD 213.07 million, reaching USD 256.61 million in 2023. Therefore, with a growing emphasis on sustainable and eco-friendly packaging, glass emerges as a favoured choice due to its recyclability and the absence of harmful chemical leaching, shaping packaging decisions.
Congo Container Glass Industry Overview
Rising consumer demand for eco-friendly packaging materials, coupled with the consistent expansion of the glass container market, is driving the market's steady growth. Also, rising demand for beverages, organic products, and premium packaging has fueled the need for glass containers in the market.
The Congo container glass market is consolidated. Key players operating in the country include global and domestic players such as Beta Glass Plc (Frigoglass), Bormioli Rocco (Bormioli Luigi S.p.A, Cello World Limited, Hejing Packaging, and others. These companies are pursuing strategies such as new product development, expansion, and mergers and acquisitions to enhance product functionality and broaden their geographic presence in the country.
Congo Container Glass Market Leaders
-
Beta Glass Plc (Frigoglass)
-
Hejing Packaging
-
Bormioli Rocco (Bormioli Luigi S.p.A.)
-
Cello World Limited
-
QUESERA
*Disclaimer: Major Players sorted in no particular order
Congo Container Glass Market News
- September 2024: According to data published by Food Manufacturing, Varun Beverages, a global franchisee of PepsiCo, has unveiled a USD 50 million investment in a cutting-edge Pepsi production facility in Kiswishi City. This city is notable for being the first private Special Economic Zone (SEZ) in the Democratic Republic of the Congo (DRC). Marking a significant milestone, the plant stands as one of the largest consumer-centric foreign direct investments (FDI) in the annals of DRC's history. This venture is poised to bolster the presence of New York-based PepsiCo's brands in the rapidly expanding African market.
- April 2024: Launch Africa Ventures has inaugurated institutional tech investment in Zuri, a prominent beauty startup from Africa. This investment follows Zuri's remarkable growth trajectory, which is driven by the company's clear vision and adept leadership. Zuri specializes in designing, manufacturing, and distributing hair products, cosmetics, and related services. In a recent expansion, Zuri has introduced performance and inventory management systems tailored for hair salons. Expansion of cosmetic brands would advance the need for container glass products.
Congo 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 Congo
4.3 Industry Standards and Regulations for Container Glass for Packaging
4.4 Raw Material Analysis & Material Considerations for Packaging
4.5 Sustainability Trends for Packaging
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Urbanization Trends and Focus on Sustainable Packaging to Drive the Market Growth
5.1.2 The Demand for High-quality Premium Packaged Products
5.2 Market Restraint
5.2.1 Glass Faces a Threat from the Rising Presence of Cheaper Alternatives, such as Plastic
5.3 Analysis of the Current Positioning of Congo in the Africa Container Glass Market
5.4 Trade Scenario - Analysis of the Historical and Current Export-Import Paradigm for the Container Glass Industry in Congo
6. MARKET SEGMENTATION
6.1 End-user Industry
6.1.1 Beverage
6.1.1.1 Alcoholic Beverages
6.1.1.1.1 Wines and Spirits
6.1.1.1.2 Beer and Cider
6.1.1.2 Non-Alcoholic Beverages
6.1.1.2.1 Carbonated Drinks
6.1.1.2.2 Bottled Water
6.1.1.2.3 Dairy-Based
6.1.1.2.4 Juices and Flavored Drinks
6.1.2 Food
6.1.3 Cosmetics
6.1.4 Pharmaceuticals
6.1.5 Other End user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Beta Glass Plc (Frigoglass)
8. LIST OF SUPPLIERS
8.1 Hejing Packaging
8.2 Bormioli Rocco (Bormioli Luigi S.p.A.)
8.3 Cello World Limited
8.4 QUESERA
9. FUTURE OUTLOOK OF THE MARKET
Congo 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.
Congo Container Glass Market is segmented by end-user industry ((beverages (alcoholic beverages (wines and spirits, beer and ciders) and non-alcoholic beverages (carbonated drinks, water, dairy-based, and other non-alcoholic beverages)), food, cosmetics, pharmaceuticals, and other end-user industries). The market sizes and forecasts are provided in terms of volume (tonnes) for all the above segments
End-user Industry | ||||||||||||
| ||||||||||||
Food | ||||||||||||
Cosmetics | ||||||||||||
Pharmaceuticals | ||||||||||||
Other End user Verticals |
Congo Container Glass Market Research Faqs
How big is the Congo Container Glass Market?
The Congo Container Glass Market size is expected to reach 39.69 kilotons in 2024 and grow at a CAGR of 2.95% to reach 45.90 kilotons by 2029.
What is the current Congo Container Glass Market size?
In 2024, the Congo Container Glass Market size is expected to reach 39.69 kilotons.
Who are the key players in Congo Container Glass Market?
Beta Glass Plc (Frigoglass), Hejing Packaging, Bormioli Rocco (Bormioli Luigi S.p.A.), Cello World Limited and QUESERA are the major companies operating in the Congo Container Glass Market.
What years does this Congo Container Glass Market cover, and what was the market size in 2023?
In 2023, the Congo Container Glass Market size was estimated at 38.52 kilotons. The report covers the Congo Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Congo Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Congo Container Glass Industry Report
Statistics for the 2024 Congo Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Congo 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.