Sri Lanka Container Glass Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Sri Lanka Container Glass Market Report 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.

Sri Lanka Container Glass Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Sri Lanka Container Glass Market Size

Sri Lanka Container Glass Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Market Volume (2025) 84.00 Thousand tons
Market Volume (2030) 98.90 Thousand tons
CAGR 3.32 %
Market Concentration High

Major Players

Sri Lanka Container Glass Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Sri Lanka Container Glass Market with other markets in Packaging Industry

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Packaging Equipment

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Overall Packaging

Packaging Customers

Packaging Forms

Sri Lanka Container Glass Market Analysis

The Sri Lanka Container Glass Market size in terms of shipment volume is expected to grow from 84.00 thousand tons in 2025 to 98.90 thousand tons by 2030, at a CAGR of 3.32% during the forecast period (2025-2030).

In Sri Lanka, domestic demand, export potential, and the broader economic environment influence the container glass market. Piramal Glass Ceylon PLC, a key player with substantial production capabilities, is dominating the local scene. 

  • As the sole large-scale producer of glass containers in Sri Lanka, Piramal Glass is instrumental in catering to diverse sectors, including food and beverages, pharmaceuticals, and cosmetics. By investing in advanced technology and sustainable practices, Piramal Glass secures a competitive advantage and bolsters Sri Lanka's ability to satisfy local and regional demands.
  • In Sri Lanka, the pharmaceutical sector's demand for glass containers is a primary catalyst for market expansion. The pharmaceutical realm values glass packaging for its protective attributes, notably chemical inertness and barrier properties, which shield medications from contamination and degradation. As Sri Lanka's healthcare sector evolves to address its growing population's needs, the demand for pharmaceutical packaging surges. This encompasses glass containers for liquid medications and dietary supplements. The industry's focus on quality and safety in drug storage complements glass's inherent characteristics, driving its prevalent use. With projections indicating a rise in healthcare spending in Sri Lanka, this demand trajectory appears set to continue.
  • Besides pharmaceuticals, sectors like food and beverages, personal care, and cosmetics play a pivotal role in driving the demand for glass containers. The food industry opts for glass packaging for items such as jams, sauces, and ready-to-drink beverages, valuing its ability to preserve flavor and extend shelf life without chemical leaching. In personal care, glass is prized for its premium look and its capacity to uphold formulation integrity. A growing consumer preference for sustainable and recyclable packaging has further heightened glass's allure in these sectors. Initiatives like Coca-Cola's reintroduction of family-sized reusable glass bottles underscore this trend, motivating other manufacturers to follow suit and amplifying the demand for glass containers.
  • Global and local economic dynamics also sway Sri Lanka's glass container market. A case in point is Coca-Cola Beverages Sri Lanka's reintroduction of a family-sized glass bottle, a strategic move towards championing reusable packaging. This initiative emerges amidst the country's struggle with a profound currency crisis, highlighted by the Sri Lankan rupee's dramatic fall from 200 to 360 against the US dollar in 2022. Economic turbulence, exacerbated by policies like aggressive money printing to sustain low-interest rates, has led to soaring inflation rates, hovering around 70%. Food prices have seen an even steeper ascent, surging over 90% in the last year. In this context, Coca-Cola's emphasis on reusable glass bottles not only aids financially strained consumers but also underscores a commitment to sustainability. In summary, Sri Lanka's container glass market is a balancing act, navigating robust industrial capabilities against a backdrop of economic hurdles.

Sri Lanka Container Glass Industry Overview

The Sri Lanka Container Glass market is largely consolidated, with a few key players dominating the industry. These include PGP Glass Ceylon PLC (PGP), Mapple Packaging Pvt Ltd, and Glass Pack LK. These companies continuously invest in research and development to maintain their position at the forefront of technical innovation in the sector. 

The market's consolidation has led to intense competition among these major players, driving them to focus on product differentiation and quality improvements. Additionally, these companies are expanding their production capacities and exploring new market segments to strengthen their foothold in the industry. The consolidated nature of the market also presents challenges for new entrants, as established players have significant advantages in scale, distribution networks, and customer relationships.

Sri Lanka Container Glass Market Leaders

  1. PGP Glass Ceylon PLC (PGP)

  2. Mapple Packaging Pvt Ltd

  3. Ranyan Industries (Pvt) Ltd

  4. Glass Pack LK

  5. Sunrise Glass Industries Private Limited

  6. *Disclaimer: Major Players sorted in no particular order
Sri Lanka Container Glass Market Concentration
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Sri Lanka Container Glass Market News

  • October 2024: Aquafresh, the leading bottled water brand in Sri Lanka, has launched a new initiative by introducing glass water bottles. This step highlights the company's focus on sustainability and environmental stewardship. As global attention increasingly shifts towards eco-friendly solutions, Aquafresh is offering an alternative that aligns with its enduring commitment to both consumer welfare and environmental protection.
  • June 2023: PGP Glass Ceylon PLC, Sri Lanka's exclusive producer of glass bottles for the food and beverage sector, in collaboration with HEINEKEN Lanka Limited, a fully-owned subsidiary of HEINEKEN N.V., unveiled a significant achievement for Sri Lanka's commitment to innovation and sustainability: the introduction of a 625ml reusable bottle featuring advanced screen printing technology.

Sri Lanka 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 Sri Lanka

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 Sri Lanka

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 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
    • 6.1.1.2.4 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 PGP Glass Ceylon PLC (PGP)
    • 7.1.2 Mapple Packaging Pvt Ltd
    • 7.1.3 Ranyan Industries (Pvt) Ltd
    • 7.1.4 Glass Pack LK
    • 7.1.5 Sunrise Glass Industries Private Limited
  • *List Not Exhaustive

8. ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN THE REGION

9. FUTURE OUTLOOK OF THE MARKET

**Subject to Availability
*In the final report, Company Profiles will include both manufacturers and suppliers
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Sri Lanka 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.

Sri Lanka 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 regarding volume (tons) for all the above segments are provided.

By End-User Industry Beverage Alcoholic Beverages Beer and Cider
Other Alcoholic Beverages
Non-Alcoholic Beverages Carbonated Soft Drinks
Juices
Water
Other Non-Alcoholic Beverages
Food
Cosmetics
Pharmaceutical (Excluding Vials and Ampoules)
Other End-User Industries
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Sri Lanka Container Glass Market Research FAQs

How big is the Sri Lanka Container Glass Market?

The Sri Lanka Container Glass Market size is expected to reach 84.00 thousand tons in 2025 and grow at a CAGR of 3.32% to reach 98.90 thousand tons by 2030.

What is the current Sri Lanka Container Glass Market size?

In 2025, the Sri Lanka Container Glass Market size is expected to reach 84.00 thousand tons.

Who are the key players in Sri Lanka Container Glass Market?

PGP Glass Ceylon PLC (PGP), Mapple Packaging Pvt Ltd, Ranyan Industries (Pvt) Ltd, Glass Pack LK and Sunrise Glass Industries Private Limited are the major companies operating in the Sri Lanka Container Glass Market.

What years does this Sri Lanka Container Glass Market cover, and what was the market size in 2024?

In 2024, the Sri Lanka Container Glass Market size was estimated at 81.21 thousand tons. The report covers the Sri Lanka Container Glass Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Sri Lanka Container Glass Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Sri Lanka Container Glass Industry Report

Statistics for the 2025 Sri Lanka Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sri Lanka Container Glass analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.