Portugal Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 1.78 Million tonnes |
| Market Volume (2029) | 2.08 Million tonnes |
| CAGR (2024 - 2029) | 3.16 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Portugal Container Glass Market Analysis
The Portugal Container Glass Market size in terms of shipment volume is expected to grow from 1.78 Million tonnes in 2024 to 2.08 Million tonnes by 2029, at a CAGR of 3.16% during the forecast period (2024-2029).
- According to the European Union economic forecast, Portugal's economy experienced a growth of 2.3 percent in 2023. Due to weak demand from key trading partners, economic growth is expected to remain subdued at the start of 2024, with only a gradual pickup anticipated thereafter. With vineyards boasting a history of over 4,000 years, Portugal's rich wine-producing heritage plays a pivotal role in driving the demand for container glass.
- In Portugal, a rising demand for sustainable packaging has led many end users to increasingly adopt container glass. European manufacturers, like BA Vidro S.A., which has operations in Portugal, cater primarily to the food and beverage sector. Operating across multiple European nations, they produce a staggering 9 billion containers annually, significantly fueling Portugal's market growth.
- As alcohol consumption continues to rise in Portugal, it's set to further bolster the glass container market. Tinted amber glass containers, favored for alcoholic beverages, provide essential UV radiation protection. Moreover, the demand for clear glass containers is projected to surge at an even faster pace in the upcoming years. Data from Statistics Portugal highlights a notable increase in wine consumption per capita, jumping from 42.5 liters in 2020 to 52.5 liters in 2023, underscoring the heightened demand for container glass.
- Furthermore, the pharmaceutical industry's increasing reliance on glass containers in Portugal is propelling market growth. These pharmaceutical glass containers are crafted to stringent tolerance limits, given their use in high-speed filling lines. Compared to polyethylene terephthalate (PET), glass containers are deemed more environmentally friendly, having a lesser impact on both the environment and human health.
- On the flip side, the rising adoption of alternative products, such as metal and reusable plastic, poses a challenge to the growth of the glass container market. While plastic remains a dominant packaging choice in Portugal due to its energy-efficient transport, glass's fragility necessitates additional protective packaging during transit, a factor that could potentially limit its market expansion in the country.
Portugal Container Glass Market Trends
Beverage Segment is Expected to Witness Significant Growth
- Portugal's food and beverage industry is becoming increasingly competitive, attracting more foreign investments and boosting its global exports. AICEP Portugal reports that the country's food and beverage sector is experiencing this competitive surge.
- Data from Portugal News highlights that in 2024, Portugal led Europe in daily alcohol consumption, a trend that significantly drives up the demand for container glass. In response, Portuguese manufacturers are customizing their container glass products, focusing on spirit and liquor bottles in diverse colors and sizes.
- Portugal's beverage exports, especially in spirits and wine, stand out. ViniPortugal noted that in 2023, the nation exported wine valued at 928 million euros, amounting to 319 million liters. Moreover, the first half of 2024 witnessed a significant rise in wine exports, with value increasing by 1.25% and volume by 8.58% from the prior year, further boosting the demand for container glass.
- Instituto da Vinha e do Vinho, a government agency in Portugal, pinpointed Douro, Lisboa, and Alentejo as the country's top wine-producing regions in 2023. Collectively, they produced nearly 2.8 million hectoliters of wine, highlighting the growing need for glass containers in Portugal.
Pharmaceutical Segment is Expected to Support Growth
- Glass containers play a pivotal role as primary packaging materials in the pharmaceutical industry. These containers, made from either borosilicate (neutral) glass or soda-lime-silica glass, are favored for their excellent resistance to thermal shocks and hydrolytic challenges, making them indispensable in pharmaceuticals.
- As Portugal ramps up its pharmaceutical manufacturing investments, the demand for container glass surges. In May 2024, Havoine, a contract development and manufacturing organization (CDMO), teamed up with iBET (Instituto de Biologia Experimental e Tecnológica), a private, not-for-profit research-intensive SME, to unveil ViSync Technologies. This new joint venture, situated in Oeiras near Lisbon, aims to pioneer innovative technologies and scalable solutions tailored for pharmaceutical firms.
- Glass's remarkable temperature resistance is a boon for the pharmaceutical sector. In Portugal, manufacturers of pharmaceutical container glass are dedicated to producing glass bottles and jars that not only endure high temperatures but also remain chemically non-reactive, fueling the rising demand.
- Portugal's pharmaceutical sales, bolstered by an aging population, reached USD 3.47 Billion in 2022, with projections of climbing to USD 3.55 Billion in 2023, as per the Organization for Economic Cooperation and Development (OECD). The landscape is predominantly shaped by multinationals, many of whom rely on imports for their finished products.
Portugal Container Glass Industry Overview
In Portugal's container glass market, a handful of dominant players, including BA Vidro S.A, Vidrala S.A, Mercado de Vitdro, and Verallia Packaging, are actively competing for a larger slice of the market. These companies employ strategies such as collaborative initiatives, product innovations, expansions, and mergers and acquisitions to bolster their market presence and profitability in Portugal and grow in the market.
Portugal Container Glass Market Leaders
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Mercado do Vidro
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BA Vidro S.A
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Verallia Packaging
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Vidrala S.A
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Deposito da Marinha Grande
*Disclaimer: Major Players sorted in no particular order
Portugal Container Glass Market News
- December 2023: Vidrala S.A., a Spanish glass packaging firm with a presence in Portugal, has successfully acquired Vidroporto S.A., a Brazilian entity. This move is a pivotal step in Vidrala's overarching strategy, broadening its footprint in the rapidly growing Brazilian market. Additionally, this acquisition not only sets the stage for potential ventures into other lucrative regions but also strengthens enduring collaborations with vital strategic clients.
- November 2023: BA Vidro S.A, a leading glass packaging firm from Portugal, has acquired a 60% equity stake in Vidrio Formas, a prominent glass packaging producer based in Mexico. This strategic move not only strengthens BA Vidro's presence in the Mexican market but also paves the way for deeper penetration into the American glass packaging arena.
Portugal 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 Raw Material Analysis & Material Considerations for Packaging
4.6 Sustainability Trends for Packaging
4.7 Container Glass Furnace Capacity and Location in Portugal**
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Growing Consumption of Alcoholic Beverages to Promote Demand of Container Glass
5.1.2 Rising Demand of Glass Containers in the Pharmaceutical Industry
5.2 Market Challenge
5.2.1 Demand of Plastic and Metal Packaging Over Glass Can Hamper Market Growth
5.3 Trade Scenario - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Portugal
6. MARKET SEGMENTATION
6.1 By End-User Industry
6.1.1 Beverage
6.1.1.1 Alcoholic Beverages
6.1.1.1.1 Beer and Cider
6.1.1.1.2 Wine and Spirits
6.1.1.1.3 Other Alcoholic Beverages
6.1.1.2 Non-Alcoholic Beverages
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 BA Vidro S.A
7.1.2 Vidrala S.A.
7.1.3 Mercado do Vidro
7.1.4 Deposito da Marinha Grande
7.1.5 Verallia Packaging
- *List Not Exhaustive
8. ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN THE REGION**
9. FUTURE OUTLOOK OF THE MARKET
Portugal 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.
Portugal Container Glass Market is segmented by end-user industry ((Beverages (Alcoholic Beverages (beer and cider, wine and spirits 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 (Tonnes) for all the above segments.
| By End-User Industry | ||||||||||||
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| Food | ||||||||||||
| Cosmetics | ||||||||||||
| Pharmaceutical (Excluding Vials and Ampoules) | ||||||||||||
| Other End-User Industries |
Portugal Container Glass Market Research FAQs
How big is the Portugal Container Glass Market?
The Portugal Container Glass Market size is expected to reach 1.78 million tonnes in 2024 and grow at a CAGR of 3.16% to reach 2.08 million tonnes by 2029.
What is the current Portugal Container Glass Market size?
In 2024, the Portugal Container Glass Market size is expected to reach 1.78 million tonnes.
Who are the key players in Portugal Container Glass Market?
Mercado do Vidro, BA Vidro S.A, Verallia Packaging, Vidrala S.A and Deposito da Marinha Grande are the major companies operating in the Portugal Container Glass Market.
What years does this Portugal Container Glass Market cover, and what was the market size in 2023?
In 2023, the Portugal Container Glass Market size was estimated at 1.72 million tonnes. The report covers the Portugal Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Portugal Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Portugal Container Glass Industry Report
Statistics for the 2024 Portugal Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Portugal Container Glass analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
