Philippines Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 489.70 Thousand tons |
| Market Volume (2029) | 612.01 Thousand tons |
| CAGR (2024 - 2029) | 4.56 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Philippines Container Glass Market Analysis
The Philippines Container Glass Market size in terms of production volume is expected to grow from 489.70 Thousand tons in 2024 to 612.01 Thousand tons by 2029, at a CAGR of 4.56% during the forecast period (2024-2029).
The glass container market in the Philippines has consistently expanded, mainly due to the growth of pivotal sectors like food and beverages, pharmaceuticals, and cosmetics. As the nation urbanizes and develops economically, there's a heightened demand for premium packaging solutions.
- Glass containers, gaining popularity for their recyclability and inert properties, resonate with eco-conscious consumers and industries prioritizing sustainability. This steady market growth is further fueled by rising demand for premium products and the esteemed perception of glass as a top-tier packaging choice.
- The food and beverage sector, the dominant player, primarily drives the demand for glass containers in the Philippines. This encompasses packaging for bottled water, alcoholic drinks, carbonated beverages, and food condiments. The pharmaceutical sector also plays a pivotal role, opting for glass packaging for its liquid medicines and supplements, thanks to glass's superior barrier properties. Meanwhile, the cosmetics and personal care industries increasingly gravitate towards glass for their luxury offerings, bolstering the brand's image. As niche markets for artisanal and organic products flourish, the appetite for visually appealing and sustainable glass packaging intensifies.
- Industry giants like San Miguel Yamamura Packaging Corporation lead the charge in the Philippines' glass container manufacturing. The country's manufacturing landscape benefits from technological strides in furnace operations and moulding techniques, ensuring high capacity and efficient output. Yet, to keep pace with rising demand and sustainability benchmarks, there's a pressing need for investments in advanced machinery and energy-efficient methodologies.
- According to a November 2023 report by Oceana, the Philippines boasts one of the world's most significant volumes of refillable glass bottles, making up 40% of non-alcoholic beverage sales. While returnable glass bottles remain prevalent in provincial areas, the existing system to curb single-use plastic bottles is in place. By merely enhancing their current infrastructure, they can effectively tackle the challenge of plastic pollution.
- Despite its promising trajectory, the Philippines' glass container industry grapples with significant hurdles. Rising raw material costs, particularly for silica sand and soda ash, and volatile energy prices strain production budgets. Logistical challenges, such as transportation delays and constrained port facilities, can hinder timely deliveries and inflate distribution expenses. Furthermore, stringent environmental regulations demand hefty investments in green production technologies to stay in sync with global sustainability movements. Manufacturers strive for cost-effective production while honouring environmental commitments in this dynamic landscape.
Philippines Container Glass Market Trends
Rising Demand From Beverage Sector
- The Philippines' beverage industry is significantly propelling the container glass market. The rising demand for packaged drinks has heightened the need for durable and sustainable packaging. As consumers increasingly gravitate towards premium and health-conscious options—like craft beers, soft drinks, and juices—the demand for glass bottles has intensified. Glass packaging, viewed as both high-quality and eco-friendly, resonates with the sustainability trends gaining traction among Filipino consumers. Furthermore, beverage brands prioritize preserving the flavor and freshness of their products, making glass containers, known for their non-reactive and airtight properties, the preferred choice.
- Data from the Philippines Statistics Authority (PSA) indicates that in 2023, the beverage manufacturing sector generated a gross value added of around 154.86 billion Philippine pesos, marking an uptick from the prior year. This sector stands as one of the Philippines' largest manufacturing industries.
- In recent years, heightened public awareness regarding environmental impacts has spotlighted sustainability concerns. Asia Brewery Inc. (ABI) has made sustainability a cornerstone of its innovation strategy. In line with its environmental advocacy, ABI introduced 'Summit Glass' in 2022, the Philippines' inaugural locally produced still and sparkling water, packaged in recyclable glass bottles. Sourced from premium aquifers and meticulously filtered, Summit Still water is positioned as the ideal companion for an active lifestyle. Esteemed establishments, including the Luxury Integrated Resort City of Dreams Manila, Century Park Hotel, The Picasso Boutique, and renowned resorts like The Farm at San Benito and Anvaya Cove, have embraced the eco-friendly initiative with Summit Glass.
- The surging popularity of locally produced beverages, especially craft beers and spirits, is another catalyst for the container glass market. The craft beverage segment in the Philippines is on a rapid ascent, driven by a growing appreciation for locally brewed beers and traditional spirits. Beyond their aesthetic appeal, glass bottles play a pivotal role in marketing these artisanal products, with bespoke designs and labels amplifying brand visibility. Additionally, glass packaging reinforces the premium status of these offerings, making it indispensable for standing out in a crowded marketplace.
Pharmaceutical Sector Positively Impacts Container Glass Market
- The Philippines' pharmaceutical sector has significantly influenced the glass container market. As the demand for packaging solutions that safeguard the safety, integrity, and efficacy of medications rises, glass containers, especially bottles and vials, have become the preferred choice in the pharmaceutical industry. Their non-reactive nature ensures the stability of active ingredients in medications and offers robust protection against contamination. This makes glass the ideal material for packaging both liquid and solid pharmaceuticals. With the Philippine healthcare industry expanding, driven by a growing population and heightened demand for services, the push for secure and reliable pharmaceutical packaging has led to a surge in the adoption of glass containers.
- Furthermore, the uptick in pharmaceutical exports and imports has bolstered the demand for glass containers in the Philippines. As the nation carves out a more prominent role in the global pharmaceutical arena, both local and international drug manufacturers are turning to glass containers for their export needs. These containers not only ensure compliance with stringent international quality standards but also cater to countries with heightened regulatory demands. This growing reliance on glass packaging underscores its pivotal role in the supply chain, propelling the growth of the container glass market.
- Data from UN Comtrade reveals that in 2023, the Philippines exported pharmaceutical products worth approximately USD 57 million, marking a notable decline from the previous year. Since 2012, the export value of pharmaceutical products has seen fluctuations, with 2018 recording the lowest figures. Such fluctuations, especially the pronounced dip in 2023, have direct repercussions on the demand for glass containers in packaging these pharmaceuticals. As export values shift, so does the demand for high-quality, secure packaging solutions like glass containers, adapting to the needs of both local and global pharmaceutical markets.
- In the Philippines, glass containers are pivotal for packaging over-the-counter (OTC) drugs, ensuring safe storage for a range of health products. OTC medications, including vitamins, syrups, and supplements, necessitate packaging that upholds product integrity and wards off contamination. The non-reactive nature of glass not only preserves the potency of active ingredients in OTC drugs but also imparts a premium look that resonates with consumer quality expectations, bolstering brand image and trust. With the rising demand for OTC products in the Philippines, the trend of utilizing glass containers is poised to persist.
Philippines Container Glass Industry Overview
Key players in the fragmented South Korean container glass market include San Miguel Yamamura Packaging Corporation, Bestpak Packaging Solutions Inc., Unlipack Glass Containers Inc., Gagmax Packaging Solutions Inc., and Anglo Watsons Glass Inc. (AWGI).
These companies invest heavily in research and development to secure competitive advantages. Their efforts encompass technological advancements and product innovations, serving various pharmaceuticals, beverages, and cosmetics sectors. Additionally, these companies focus on sustainability and eco-friendly practices to meet the growing demand for environmentally responsible packaging solutions.
Philippines Container Glass Market Leaders
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Anglo Watsons Glass Inc. (AWGI)
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San Miguel Yamamura Packaging Corporation
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Bestpak Packaging Solutions Inc.
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Unlipack Glass Containers Inc.
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Gagmax Packaging Solutions Inc.
*Disclaimer: Major Players sorted in no particular order
Philippines Container Glass Market News
- September 2024: While the Philippines and the United Arab Emirates (UAE) are in talks for the Comprehensive Economic Partnership Agreement (CEPA), local sugar millers and glass manufacturers are urging the government to consider the sensitivities surrounding sugar and glass products in the free trade agreement. Glass Manufacturers Association of the Philippines, Inc. (GMAPI), echoed the apprehensions of local producers, highlighting the potential influx of UAE glass imports into the Philippine market.
- May 2024: Anglo Watsons Glass Inc. (AWGI) inked a retail electricity supply deal with TeaM Philippines Energy Corporation (TPEC) for its glass manufacturing facility in the Philippines. As per the agreement, TPEC provides electricity to AWGI's glass bottle production unit in Laguna, Philippines. This electricity supply is supported by an International Renewable Energy Certificate (I-REC) from a local renewable energy facility. Consequently, AWGI is set to achieve zero emissions for its energy consumption throughout the supply agreement.
Philippines 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 Import Export Data of Container Glass
4.3 PESTLE Analysis
4.4 Industry Standards and Regulations for Container Glass Use for Packaging
4.5 Sustainability Trends for Packaging
4.6 Container Glass Furnace Capacity and Location in Philippines
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Food & Beverage Industry in the Country
5.1.2 Local Manufacturing Initiatives, and Regional Export Opportunities
5.2 Market Challenge
5.2.1 High production Costs and Infrastructure Deficits
5.3 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Philippines
6. MARKET SEGMENTATION
6.1 By End-User Industry
6.1.1 Beverage
6.1.1.1 Alcoholic Beverages (Qualitative Analysis For Segment Analysis)
6.1.1.1.1 Beer and Cider
6.1.1.1.2 Other Alcoholic Beverages
6.1.1.2 Non-Alcoholic Beverages (Qualitative Analysis For Segment Analysis)
6.1.1.2.1 Carbonated Soft Drinks
6.1.1.2.2 Juices
6.1.1.2.3 Water and Other Non-Alcoholic Beverages
6.1.2 Food
6.1.3 Cosmetics
6.1.4 Pharmaceutical (Excluding Vials and Ampoules)
6.1.5 Other End-User Industries
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Anglo Watsons Glass Inc. (AWGI)
7.1.2 San Miguel Yamamura Packaging Corporation
7.1.3 Bestpak Packaging Solutions Inc.
7.1.4 Unlipack Glass Containers Inc.
7.1.5 Gagmax Packaging Solutions Inc.
8. ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN THE REGION**
9. FUTURE OUTLOOK OF THE MARKET
Philippines Container Glass Industry Segmentation
Container glass is designed for manufacturing 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.
Philippines 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 are provided in terms of volume (tons) for all the above segments.
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| Other End-User Industries |
Philippines Container Glass Market Research FAQs
How big is the Philippines Container Glass Market?
The Philippines Container Glass Market size is expected to reach 489.70 thousand tons in 2024 and grow at a CAGR of 4.56% to reach 612.01 thousand tons by 2029.
What is the current Philippines Container Glass Market size?
In 2024, the Philippines Container Glass Market size is expected to reach 489.70 thousand tons.
Who are the key players in Philippines Container Glass Market?
Anglo Watsons Glass Inc. (AWGI), San Miguel Yamamura Packaging Corporation, Bestpak Packaging Solutions Inc., Unlipack Glass Containers Inc. and Gagmax Packaging Solutions Inc. are the major companies operating in the Philippines Container Glass Market.
What years does this Philippines Container Glass Market cover, and what was the market size in 2023?
In 2023, the Philippines Container Glass Market size was estimated at 467.37 thousand tons. The report covers the Philippines Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Philippines Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Philippines Container Glass Industry Report
Statistics for the 2024 Philippines Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Philippines 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.
