Egypt Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 0.85 Million tons |
| Market Volume (2029) | 1.06 Million tons |
| CAGR (2024 - 2029) | 3.55 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Egypt Container Glass Market Analysis
The Egypt Container Glass Market size in terms of shipment volume is expected to grow from 0.89 Million tonnes in 2024 to 1.06 Million tonnes by 2029, at a CAGR of 3.55% during the forecast period (2024-2029).
- Egypt’s strategic geographic location offers significant advantages for its glass industry. The proximity to major markets in Europe, Asia, and Africa, combined with favorable trade agreements, enhances the country’s export potential. The growing global demand for architectural glass and construction glass, driven by changing consumption habits and population growth, presents additional opportunities for glass production in Egypt.
- In Egypt, the shift towards glass bottles and containers is fueled by a commitment to sustainability, heightened health awareness, and a preference for distinctive, locally crafted products. As the market progresses, the allure of glass packaging is set to intensify, bolstered by both consumer enthusiasm and regulatory measures championing environmental sustainability.
- Driven by surging demand for glass packaging, Egypt has witnessed a surge in investments in its glass manufacturing sector, manifesting through acquisitions, partnerships, and direct investments. These moves are poised to enhance production capacities and drive down costs in the long run. A case in point: In October 2023, Kandil Glass, a prominent player in Egypt's tableware and container glass sector, made headlines by acquiring Cleopatra Glass Factory. On the back of this strategic move, Kandil's daily production capacity is set to leap from 410 to an impressive 500 tons.
- Egypt is grappling with a significant economic crisis, jeopardizing its domestic manufacturing sectors. Over the past decade, the government has incrementally raised electricity prices. The most recent hike, occurring between January and July 2024, saw increases between 16% and 26%, potentially impacting the country's glass container production facilities.
- Countries in Europe, the Middle East, and Africa have ramped up their demand for glass packaging. In response, manufacturers in Egypt have seized this opportunity, leading to a surge in glass container exports. As a result, Egypt's glass industry has not only expanded its production capacity but also refined its manufacturing techniques. Additionally, the worldwide shift towards sustainable packaging has amplified the demand for glass, celebrated for its recyclability and eco-friendliness.
Egypt Container Glass Market Trends
Demand for Cosmetics Products Such as Perfumes to Drive the Market
- Egypt is a leading player in Africa's Beauty & Personal Care landscape. Amidst a surge in demand, the Egyptian beauty and cosmetics sector is bustling with activity, witnessing the rapid emergence of beauty centers, cosmetics outlets, and perfumery shops nationwide.
- As highlighted in the 2024 Middle East and Africa beauty market report, Egypt ranks as the fourth-highest revenue generator in the region for beauty and wellness products. With the market's expansion, brands are gravitating towards premium, eye-catching packaging as a means of product differentiation. This trend has increased demand for glass packaging, especially for skincare, perfumes, and other luxury beauty items, given glass's association with quality and luxury.
- In the beauty industry, fragrance and skincare stand out as pivotal segments. These segments frequently opt for glass packaging, valuing its prowess in preserving product quality, preventing contamination, and offering an attractive, long-lasting presentation. With the growth of these segments, the demand for premium glass containers is on the rise.
- Historically, Ancient Egyptians pioneered the art of perfumery, creating a diverse range of perfumes, ointments, and aromatic incense for various purposes. This rich legacy continues to influence the industry's current demand for glass bottles and containers.
- Further, Egyptian organic and natural cosmetics brands prioritize eco-friendly packaging, underscoring their commitment to sustainability. They favor glass bottles and containers, lauding their recyclability, non-toxic nature, and ability to maintain the purity of organic ingredients. This preference amplifies the demand for glass packaging within the cosmetic sector.
Pharmaceutical Segment Expected to Hold High Market Share
- Egypt is striving for self-sufficiency in medicine, implementing policies to develop pharmaceuticals at various industry stages. As clinical practices evolve and the demand for treatments targeting aging-related and chronic diseases rises, Egypt's pharmaceutical consumption is on the upswing, subsequently boosting the demand for container glass in the market.
- Rapidly increasing chronic diseases, notably cardiovascular issues and diabetes, are significant drivers of the pharmaceutical industry's expansion in Egypt. These health challenges, linked to an aging and swiftly growing population, are particularly fueling the demand for higher-value prescription medicines. Furthermore, as Egypt's population ages, the appetite for prescription drugs intensifies, further propelling market demand.
- Moreover October 2023 to September 2024, Egypt's pharmaceutical market achieved total sales of 3.6 billion units, amounting to an approximate value of EGP 277 billion (USD 5.57 billion, as reported by the Egyptian Drug Authority (EDA). This positions Egypt's pharmaceutical market among the largest in the Middle East and Africa, showcasing notable growth. Such robust growth is expected to bolster the demand for pharmaceutical glass bottles and containers for packaging across the country.
- Middle East Glass Manufacturing Company (M.E.G), a prominent Egyptian manufacturer, specializes in producing glass bottles tailored for pharmaceutical use, offering a variety of colors and capacities. With an impressive annual production capacity exceeding 350,000 tons, M.E.G exports over half of its output to international markets.
- Egypt's pharmaceutical industry primarily focuses on generics. The country has successfully exported a significant volume of pharmaceutical products. Egypt's pharmaceutical exports continue to surge, they unveil a promising avenue for sustainable glass packaging, pivotal for ensuring the safe transport and distribution of these products. Data from the United Nations COMTRADE database highlights that Egypt's pharmaceutical exports climbed to a notable USD 352.75 million in 2023, up from approximately USD 277 million in 2020.
Egypt Container Glass Industry Overview
The Egypt Container Glass Market is semi-consolidated and consists of some of the major players including MEG Middle East Glass Manufacturing, United Glass Containers Company (UGC), Kandil Glass Factory, Arab Pharmaceutical Glass Co., among others. These companies are actively pursuing a larger share of the Saudi market through strategies such as research & development, mergers & acquisitions, product innovation, and market expansion for higher market share in the country.
Egypt Container Glass Market Leaders
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MEG Middle East Glass Manufacturing
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Arab Pharmaceutical Glass Co.
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Kandil Glass Factory
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EGS Packing Company
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The National Company for Glass and Crystal
*Disclaimer: Major Players sorted in no particular order
Egypt Container Glass Market News
- October 2024: Frigoglass Group, a leader in commercial coolers and glass packaging, has teamed up with Fresh S.A.E to penetrate the Egyptian and MENA markets. Through this collaboration, Fresh will produce Frigoglass's high-end coolers in Cairo, enhancing both operational efficiency and distribution. With production slated to kick off by mid-2025, the partnership aims to harness Frigoglass's resources alongside Fresh's regional insights to tap into these burgeoning markets.
- August 2023: Egypt’s Kandil Glass has acquired compatriot Cleopatra Glass Factory and expanded its capacity. The acquisition of Cleopatra is a valuable addition to the company's tableware products as Cleopatra has considerable experience in the food and beverages, cosmetics, and tableware industries in Egypt.
Egypt 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 Egypt
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 Egypt
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Strong Demand From the Pharmaceutical Sector is Expected to Bolster Demand
5.1.2 Increasing Adoption of Sustainable Recyclable Glass Packaging Across Industries
5.2 Market Challenges
5.2.1 Constant Rise of Energy Prices and Economic Turbulances Denting the Industry Growth
5.3 Analysis of the Current Positioning of Egypt in the African Container Glass Market
5.4 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Egypt
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Beverage
6.1.1.1 Alcoholic (Qualitative Analysis For Segment Analysis)
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 MEG Middle East Glass Manufacturing
7.1.2 Kandil Glass
7.1.3 EGS Packing Company
7.1.4 Arab Pharmaceutical Glass Co.
7.1.5 The National Company for Glass and Crystal
7.1.6 City Glass Group
7.1.7 MCG Misr Cafe Glass Container Factory
- *List Not Exhaustive
8. SUPPLEMENTARY COVERAGE - ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN EGYPT
9. FUTURE OUTLOOK OF THE MARKET
Egypt Container Glass Industry Segmentation
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.
Egypt Container Glass Market is segmented by end-user industry ((beverages (alcoholic beverages (beer and cider, and other alcoholic beverages) and non-alcoholic beverages (carbonated soft drinks, juices, water, and other non-alcoholic beverages)), food, cosmetics, pharmaceutical, and other end-user industries). The market sizes and forecasts regarding volume (tons) for all the above segments are provided.
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| Other End-user Verticals |
Egypt Container Glass Market Research FAQs
How big is the Egypt Container Glass Market?
The Egypt Container Glass Market size is expected to reach 0.85 million tons in 2024 and grow at a CAGR of 3.55% to reach 1.06 million tons by 2029.
What is the current Egypt Container Glass Market size?
In 2024, the Egypt Container Glass Market size is expected to reach 0.85 million tons.
Who are the key players in Egypt Container Glass Market?
MEG Middle East Glass Manufacturing, Arab Pharmaceutical Glass Co., Kandil Glass Factory, EGS Packing Company and The National Company for Glass and Crystal are the major companies operating in the Egypt Container Glass Market.
What years does this Egypt Container Glass Market cover, and what was the market size in 2023?
In 2023, the Egypt Container Glass Market size was estimated at 0.82 million tons. The report covers the Egypt Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Egypt Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Egypt Container Glass Industry Report
Statistics for the 2024 Egypt Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Egypt 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.
