MEA Glass Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 5.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
MEA Glass Packaging Market Analysis
The Middle-East and African glass packaging market is expected to register a CAGR of 5% over the forecast period, 2021-2026. The impact of COVID-19 on glass had an indirect link as an essential business and was allowed to function.The Ethiopian glass container manufacturer, Addis Ababa Glass and Bottle Share Company, overlooks the capacity expansions. Amidst the COVID-19 pandemic, South Africa took stringent measures like halting all alcohol production.
- An increasing trend of transparency in food packaging over the past few years has been observed. This puts growing preference for glass as a material for packaging, being least opaque. Water is an emerging segment aligned with an increasing need for transparent glass containers with minimalist labeling. Multiple brands across the Middle Eastern region have depicted transitioning to glass to package water. For instance, in April 2021, Earth Water launched its natural mineral water lineup in glass bottles across the UAE. PepsiCo launched Aquafina water in Expo 2020 Dubai-cobranded as fully recyclable glass bottles to promote sustainable packaging.
- In March 2021, a new factory in Abu Dhabi planned to manufacture a COVID-19 vaccine from Chinese pharmaceutical giant Sinopharm under a joint venture between Sinopharm and Abu Dhabi-based technology company Group 42 (G42). The plant, built in the Khalifa Industrial Zone of Abu Dhabi (KIZAD), was planned to produce 200 million doses a year with three filling lines and five automated packaging lines. Similar expansion trends and investments are expected to demand glass packaging solutions in the regional pharmaceutical industry significantly.
- The policies against plastic for packaging are also creating new opportunities for the glass bottles and containers market. In February 2021, Kenya signed the Clean Seas Initiative and became one of the first countries in East Africa to limit single-use plastics. Also, as of June 2020, visitors to Kenya's national parks, beaches, forests, and conservation areas can no longer carry plastic water bottles, cups, disposable plates, cutlery, or straws into protected areas.
- According to International Finance Corporation (IFC), officials are considering promoting more local production from private pharma companies that produce generic medications and companies that manufacture active pharmaceutical ingredients or APIs (the primary components in manufacturing drugs). Ethiopia's National Strategy and Plan of Action for Pharmaceutical Manufacturing Development (2015-2025) also catalyzes pharmaceutical production at the country level.
MEA Glass Packaging Market Trends
This section covers the major market trends shaping the MEA Glass Packaging Market according to our research experts:
Beverages to Hold Major Market Share
- The market for glass packaging in the alcoholic beverage industry faces intense competition from the metal packaging segment in the form of cans. However, it is expected to maintain its share during the forecast period due to its usage of premium products. The growth is expected across different beverage products, including juices, coffee, tea, soups, non-dairy, and beverages.
- Multiple initiatives that drove investments from local beer manufacturers are expected to drive the demand for glass bottle packaging further. For instance, in October 2021, Heineken approached Nambian Breweries to purchase a 25% stake to establish a joint venture for Heineken South Africa. The venture is expected to help NBL reduce loss-making investments (attributed to losses of NAD 339 million) attributable from the past five years. This is expected to increase beer exports and beer production volume in the region.
- International retailers have increased options for South African wines due to poor harvest in wineries across New Zealand and challenging storage of wines. This has shifted the focus of various retailers to increase options for wines from South Africa.
- For instance, in October 2021, Majestic, a UK online retailer for wine, added a new set of wine options for buyers, including Lone Creek Sauvignon Blanc 2021 and Boekenhoutskloof Vintager Sauvignon Blanc from Cape Town and Pringle Bay Sauvignon Blanc 2021 from Western Cape. Also, with the price range being low (GBP 10-11 per bottle), the retailers expect greater sales of South African wines.
The UAE Market is Expected to Grow Significantly
- Most major research-based pharma firms have a long-standing presence in the country through contract manufacturing or local distribution channels, creating a market opportunity for container glass manufacturers. Leading multinationals, such as Pfizer, Novartis, GlaxoSmithKline (GSK), Merck, Abbvie, Eli Lily, Bayer, AstraZeneca, Sanofi, BMS, and Amgen, have a presence in the domestic market.
- The IQVIA projected that pharmaceutical sales in the country are likely to reach USD 51 billion by 2024. Moreover, the increased awareness of the established benefits of using glass packaging for pharmaceutical products and healthcare facilities is driving the segment of the pharmaceutical glass.
- In May 2021, PepsiCo launched Aquafina aluminum cans and glass bottles, the company's infinitely recyclable characteristic offering for UAE residents. The innovation is in line with the commitment of PepsiCo, Expo 2020 Dubai's Official Beverage and Snack Partner, to collect and recycle PepsiCo waste generated on Expo 2020 Dubai's site during the six-month global gathering, accelerating efforts to reduce, recycle, and reinvent better and more sustainable packaging.
- In January 2021, the UAE-based perfumer, Salva, revealed its new fragrance, Hope, devoted to seafarers. Through this initiative, the brand aims to increase awareness about seafarers' plight worldwide and offer support. Such initiatives are anticipated to boost the country's glass bottle market.
- In August 2021, the UAE's leading perfumery, LOOTAH perfumes, teamed up with Ounass, the Middle East's Definitive Home of Luxury. LOOTAH and Ounass's collaboration showcases over 50 of LOOTAH's scents, transcendent fragrance oils, and the richest incenses on the website.
MEA Glass Packaging Industry Overview
The Middle-East and African glass packaging market is moderately fragmented, with a few dominant and few new firms. The companies keep innovating and entering into strategic partnerships to retain their market share.
- April 2021- Nigerian Beer Brand Star Lager expanded its distribution capacity in the United States for a premium cold-filtered lager. This is expected to drive the demand for glass bottle packaging as the number of exports and demand for African beer increases.
- April 2021- SOURCE Global, a Scottsdale tech and renewable water company, introduced renewable bottled water made entirely from sunlight and air. The bottle's graphics are applied using screen printing. The back of the bottle highlights the product's unique attributes. The glass-bottled water will eventually be available to guests at The Red Sea Development Project (TRSDP), a regenerative luxury tourism destination along Saudi Arabia's west coast that is underway.
MEA Glass Packaging Market Leaders
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Amcor Ltd.
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WestPack
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Sonoco Products Company
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Honeywell International, Inc.
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Reynolds Packaging
*Disclaimer: Major Players sorted in no particular order
MEA Glass Packaging Market News
- August 2021 - Castle Lager announced South Africa's first double malt lager with the introduction of Castle Double Malt. The premium double malt premium beer is launched in a 410ml pearl, green, and gold can and a premium 340 ml green bottle.
- May 2021 - Consol announced a multi-faceted campaign to raise awareness around the pollution of the world's oceans and encourage a switch from single-use to reusable packaging as part of its I Changed 2050 campaign.
MEA Glass Packaging 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 DYNAMICS
4.1 Market Overview
4.2 Market Drivers
4.2.1 High Opportunity for Middle-East and Africa Glass Bottles/Containers
4.3 Market Restraints
4.3.1 Decreased Alcohol Consumption
4.4 Industry Value Chain Analysis
4.5 Industry Attractiveness - Porter's Five Forces Analysis
4.5.1 Competitive Rivalry
4.5.2 Threat of New Entrants
4.5.3 Bargaining Power of Suppliers
4.5.4 Bargaining Power of Customers
4.5.5 Threat of Substitute Products
4.6 Industry Policies and Assessment of COVID-19 Impact
4.7 Technology Snapshot
5. MARKET SEGMENTATION
5.1 Products
5.1.1 Bottles
5.1.2 Jars
5.1.3 Vials
5.1.4 Other Products
5.2 End-user Industry
5.2.1 Pharmaceuticals
5.2.2 Medical
5.2.3 Personal Care
5.2.4 Household Care
5.2.5 Agricultural
5.3 Country
5.3.1 Saudi Arabia
5.3.2 United Arab Emirates
5.3.3 South Africa
5.3.4 Rest of Middle-East and Africa
6. VENDOR MARKET SHARE ANALYSIS
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Amcor Ltd
7.1.2 WestPack
7.1.3 Sonoco Products Company
7.1.4 Honeywell International Inc.
7.1.5 MTS Medication Technologies
7.1.6 Reynolds Packaging
7.1.7 The DOW Chemical Company
7.1.8 Uhlmann Group
7.1.9 Rohrer Corporation
7.1.10 Pharma Packaging Solutions
7.1.11 Tekni-Plex Inc.
8. INVESTMENT ANALYSIS
9. FUTURE OF THE MARKET
MEA Glass Packaging Industry Segmentation
Glass is one of the most preferred packaging materials for consumers concerned about their health and the environment. It is made from all-natural sustainable raw materials. Glass packaging preserves the product's taste or flavor and maintains the integrity or healthiness of foods and beverages. The Middle-East and African glass packaging market is segmented by Products (Bottles, Jars, and Vials), End-user Industry (Pharmaceuticals, Medical, Personal care, Household care, and Agricultural), and Country.
| Products | |
| Bottles | |
| Jars | |
| Vials | |
| Other Products |
| End-user Industry | |
| Pharmaceuticals | |
| Medical | |
| Personal Care | |
| Household Care | |
| Agricultural |
| Country | |
| Saudi Arabia | |
| United Arab Emirates | |
| South Africa | |
| Rest of Middle-East and Africa |
MEA Glass Packaging Market Research FAQs
What is the current MEA Glass Packaging Market size?
The MEA Glass Packaging Market is projected to register a CAGR of 5% during the forecast period (2024-2029)
Who are the key players in MEA Glass Packaging Market?
Amcor Ltd., WestPack, Sonoco Products Company, Honeywell International, Inc. and Reynolds Packaging are the major companies operating in the MEA Glass Packaging Market.
What years does this MEA Glass Packaging Market cover?
The report covers the MEA Glass Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the MEA Glass Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
MEA Glass Packaging Industry Report
Statistics for the 2024 MEA Glass Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. MEA Glass Packaging analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
