India Container Glass Market Size (2024 - 2029)

India Glass Container Market Analysis

The India Container Glass Market size in terms of shipment volume is expected to grow from 3.70 Million tons in 2024 to 5.02 Million tons by 2029, at a CAGR of 6.29% during the forecast period (2024-2029).

• The container glass market in India has experienced substantial growth due to increased alcohol consumption. The liquor industry, which heavily relies on glass containers, directly influences the market's growth rate.
• According to Agriculture and Agrifood Canada, beer consumption in India has been rising. In 2022, beer consumption reached 2.78 billion liters, with projections indicating an increase to 3.6 billion liters by 2026. Dark-colored glass bottles are preferred for beer packaging to protect contents from UV light spoilage.
• The Indian soft drink market is expected to maintain strong growth. Varun Beverages Ltd, PepsiCo India's bottling partner, reported that annual per-capita bottle consumption was anticipated to reach approximately 84 by 2021, with further increases in 2022. PepsiCo aims to reduce plastic packaging in its soft drinks, targeting a reduction of up to 67 billion plastic bottles by 2025. The company's acquisition of SodaStream is expected to increase the use of glass bottle packaging in its product offerings.
• Plastic bans in India and other countries have significantly contributed to increased glass container usage. As a direct substitute for plastic containers, glass has become a primary alternative packaging material. Despite low per capita consumption, the market is experiencing robust growth due to demand from local beverage, alcohol, food, pharmaceutical, and cosmetic industries.
• The main obstacle to market growth is the higher carbon footprint associated with glass production. Glass manufacturing requires an energy-intensive process with furnace temperatures ranging from 1,300°C to 1,650°C and flames up to 2,000°C. Additionally, glass packaging is 12 times heavier than carton-based alternatives. A Thinkstep study revealed that material weight significantly contributes to the carbon footprint from production to retail distribution.

India Glass Container 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.

India Container Glass Market is Segmented by End-User Industry ((Beverages (Alcoholic Beverages (Wines and Spirits, Beer and Cider) and Non-Alcoholic Beverages (Carbonated Drinks, Juices, Water, Dairy-Based, Flavored Drinks, 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.