Newzealand Container Glass Market Size
Study Period | 2018 - 2029 |
Base Year For Estimation | 2023 |
Market Volume (2024) | 0.23 Million tons |
Market Volume (2030) | 0.3 Million tons |
CAGR (2024 - 2029) | 4.33 % |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Newzealand Container Glass Market Analysis
The Newzealand Container Glass Market size in terms of shipment volume is expected to grow from 0.23 Million tons in 2024 to 0.3 Million tons by 2030, at a CAGR of 4.33% during the forecast period (2024-2030).
As demand for sustainable packaging solutions rises, glass emerges as a favoured eco-friendly alternative to plastic, thanks to its recyclability and reduced environmental footprint. Heightened awareness of health and environmental concerns tied to plastic packaging has led consumers to favour glass containers, particularly in the food and beverage sector.
- New Zealand's container glass market is set to thrive, driven by a surge in beverage production, intensified recycling initiatives, and a rise in investments towards sustainability. With consumers and industries leaning towards eco-conscious packaging, glass stands out as the favoured choice, celebrated for its recyclability and premium allure.
- Moreover, bolstered by government-endorsed circular economy initiatives and a broadened export market, the container glass sector is cementing its pivotal position in New Zealand's packaging landscape.
- New Zealand, renowned for its commitment to being a clean and green nation, is intensifying its efforts to reduce plastic waste and promote a circular economy. This focus has led to a surge in demand for glass. The container glass market is poised for sustained growth, with sustainability trends shaping consumer and industry behaviours.
- Technological advancements and innovations are propelling the growth of the container glass market. Manufacturers are increasingly adopting lightweight glass solutions, which cut transportation costs and minimize carbon footprints. Moreover, cutting-edge labelling and decorative technologies empower brands to stand out in competitive retail. Such innovations hold particular significance in premium segments like wine and spirits, where the visual appeal of packaging plays a pivotal role in swaying consumer purchasing choices.
- Alternative packaging materials, including plastics, metals, and biodegradable options, are emerging as competitors to glass containers. As a result, consumers are increasingly gravitating towards lighter and more convenient packaging solutions. Moreover, glass manufacturing, known for its energy-intensive processes, faces significant challenges due to fluctuating raw materials, energy, and transportation costs.
Newzealand Container Glass Market Trends
Non-Alcoholic Beverage is Expected to Account For Significant Market Share
- Demographic and cultural shifts are reshaping the landscape of alcoholic beverage consumption in New Zealand. Current younger generations are consuming less alcohol than their predecessors, a change driven mainly by heightened awareness of health risks associated with alcohol and a growing inclination towards healthier lifestyles.
- In response to this evolving consumer palate, beverage manufacturers are broadening their range of non-alcoholic options, often introducing innovative flavours and functional drinks. Consequently, this sector has a surging demand for glass packaging, especially as brands seek to stand out in a competitive market through premium packaging.
- According to statistics from Stats NZ, alcohol consumption in New Zealand dropped to 477 million litres for the year ending December 2023, marking a 4.3% decline from 2022. This decline stands as the most significant in the past 15 years. Domestic producers faced a tumultuous year, grappling with challenges, including adverse weather events. Additionally, the country witnessed a dip in beer and wine imports. Specifically, beer availability decreased by 13 million litres (4.4%), wine by 2.4 million litres (2.4%), and spirits and spirit-based drinks saw a reduction of 5.9 million litres (5.7%).
- As health and wellness trends increasingly influence consumer choices in New Zealand, the non-alcoholic beverage segment is poised for sustained growth. Glass packaging is anticipated to be instrumental in this expansion, providing functional advantages, sustainability, and a premium allure that aligns with contemporary consumer preferences.
- However, with manufacturers innovating to cater to the rising demand for non-alcoholic offerings and embracing sustainable packaging methods, this segment is positioned as a focal point of growth within the larger container glass market.
Rising Demand for Sustainably Packaged and Premium Food Products
- New Zealand's robust agricultural and food export leadership is underscored by its surging exports, especially in dairy products, driving the container glass market. As a top global player, New Zealand's dairy exports encompass milk, cheese, butter, and infant formula, forming a significant chunk of its overall export portfolio.
- High-quality packaging is paramount for maintaining the integrity of these products during long-haul shipments and ensuring they arrive in prime condition at international destinations. Glass packaging stands out for premium dairy items, particularly speciality butter, cream-based spreads, and flavoured yoghurts, where freshness and product allure are of the utmost importance.
- As environmental concerns, including waste management and plastic pollution, gain traction among New Zealand consumers, there's a noticeable shift towards sustainable packaging solutions. Glass packaging, in particular, is favoured for its recyclability and reduced environmental impact, positioning it as a more eco-friendly alternative to plastic.
- In response to rising environmental consciousness, the New Zealand government has implemented policies targeting plastic waste reduction and the promotion of sustainable practices. Measures like waste levies and recycling incentives will amplify the demand for glass packaging.
- Exporting goods in glass containers comes with a host of benefits. These containers boast superior barrier properties, safeguarding dairy and food from contaminants and extending their shelf life. Additionally, glass's non-reactive nature is pivotal in maintaining products' natural flavour and nutritional value. This attribute becomes a significant selling point, especially for premium "clean label" or organic items.
Newzealand Container Glass Industry Overview
The New Zealand Container Glass market is consolidated with manufacturers such as Visy Group and major suppliers including Cpack Ltd, Arthur Holmes, Chandle Glass & Packaging, and PetraPack, among others. These players are vying for higher market share by implementing strategies such as product innovation and expansion to grow in the market.
Newzealand Container Glass Market Leaders
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Visy Group
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CPack Ltd
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Arthur Holmes
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PetraPack
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Chandler Glass & Packaging
*Disclaimer: Major Players sorted in no particular order
Newzealand Container Glass Market News
- April 2024: Visy, an Australian glass manufacturer, achieved an average of 63% recycled glass content in its packaging across Australia and New Zealand. This marks a 5% increase from the figures reported in the 2023 financial year. Notably, the average recycled content for coloured glass (amber and green) stands at 75% across Visy’s operations this financial year. In a bid to further enhance its recycled glass content, Visy is investing in a USD 500 million glass recycling and manufacturing facility located in Yatala, south of Brisbane, with additional investments spread across NSW and Queensland.
- March 2024: Dancing Sands Distillery unveiled its gins in a newly designed recycled glass bottle, crafted in Aotearoa. Located in Golden Bay, the distillery proudly claims the title of being the first in New Zealand to transition its bottle production back home on a commercial scale. By shifting bottle production from Europe to New Zealand, the distillery anticipates a reduction of 15,000kg in carbon emissions from its production cycle annually.
Newzealand 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 New Zealand
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
4.6 Container Glass Furnace Capacity and Location in New Zealand
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rising Demand for Sustainably Packaged and Premium Food Products
5.1.2 Rising Glass Recycling Rate and Investment in New Recyling Facilities
5.2 Market Restraint
5.2.1 Availablity of the Substitute materials can Hinder the Growth of the Market
5.3 Trade Scenario - Analysis of the Historical and Current Export-Import Paradigm for the Container Glass Industry in New Zealand
6. MARKET SEGMENTATION
6.1 End-user Industry
6.1.1 Beverage
6.1.1.1 Alcoholic Beverages (Qualitative Analysis to be Provided)
6.1.1.1.1 Wines and Spirits
6.1.1.1.2 Beer and Cider
6.1.1.2 Non-Alcoholic Beverages (Qualitative Analysis to be Provided)
6.1.1.2.1 Carbonated Soft Drinks
6.1.1.2.2 Juices
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 Pharmaceuticals
6.1.5 Other End user verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Visy Group
7.1.2 CPack Ltd
7.1.3 Arthur Holmes
7.1.4 Chandler Glass & Packaging
7.1.5 PetraPack
7.1.6 Comag Agencies
7.1.7 Wainhouse Distribution
8. FUTURE OUTLOOK OF THE MARKET
Newzealand Container Glass Industry Segmentation
Container glass is designed for crafting glass containers, including bottles, jars, drinkware, and bowls. Its key attributes include chemical inertness, sterility, and non-permeability, rendering it especially sought after in the beverage, food, pharmaceutical, and cosmetic sectors. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
Newzealand Container Glass Market Report is Segmented by End-User Industry ((Beverages (Alcoholic Beverages (Wines and Spirits, Beer and Cider) 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 are Provided in Terms of Volume (Tons) for all the Above Segments.
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Other End user verticals |
Newzealand Container Glass Market Research FAQs
How big is the Newzealand Container Glass Market?
The Newzealand Container Glass Market size is expected to reach 0.23 million tons in 2024 and grow at a CAGR of 4.33% to reach 0.3 million tons by 2030.
What is the current Newzealand Container Glass Market size?
In 2024, the Newzealand Container Glass Market size is expected to reach 0.23 million tons.
Who are the key players in Newzealand Container Glass Market?
Visy Group, CPack Ltd, Arthur Holmes, PetraPack and Chandler Glass & Packaging are the major companies operating in the Newzealand Container Glass Market.
What years does this Newzealand Container Glass Market cover, and what was the market size in 2023?
In 2023, the Newzealand Container Glass Market size was estimated at 0.22 million tons. The report covers the Newzealand Container Glass Market historical market size for years: 2018, 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Newzealand Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Newzealand Container Glass Industry Report
Statistics for the 2024 Newzealand Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Newzealand 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.