Switzerland Container Glass Market Size (2024 - 2029)

Switzerland Container Glass Market Analysis

The Switzerland Container Glass Market size in terms of shipment volume is expected to grow from 0.21 Million tonnes in 2024 to 0.26 Million tonnes by 2029, at a CAGR of 4.36% during the forecast period (2024-2029).

• Health-conscious and environmentally aware consumers increasingly prefer glass packaging. This shift in consumer behavior has spurred significant growth in food production, processing, delivery, and disposal, creating vast opportunities for Container Glass Packaging. In Switzerland, industries like food are harnessing these opportunities, driving market growth.
• As a cornerstone of Switzerland's economy, the food industry is witnessing a rising demand for packaging solutions. Some Swiss food corporations hold prominent positions on the global stage. Major players in Switzerland are championing glass recycling initiatives. For example, Vetropack Holding Ltd processes used glass at its facility, supplying it as a raw material to the Vetropack Group's glassworks in St-Prex, Switzerland. This glass, combined with primary raw materials, is reformed into new packaging. Such initiatives are poised to bolster the demand for container glass in Switzerland.
• There's a notable shift in consumer behavior towards eco-friendly packaging, underscoring a growing environmental consciousness. Shoppers are increasingly aligning with brands that prioritize sustainability and planetary responsibility. This surge in demand has prompted companies across various sectors to adopt glass packaging, not only to meet consumer expectations but also to champion a sustainable business ethos.
• Tourism in Switzerland is booming. In 2023, tourists contributed CHF 18.4 billion (USD 20.5 billion) to the economy, marking a 12% rise from the previous year, as reported by the Federal Statistical Office (FSO). Such record-breaking tourism spending is set to boost container glass demand, especially in beverages and related industries.
• Switzerland's retail sector is thriving, with around 35,000 retailers collectively raking in sales of CHF 100 billion (USD 111.23 billion), according to the Federal Department of Foreign Affairs (FDFA). Leading the charge are two cooperatives: Migros, with a turnover of CHF 30 billion (USD 33.37 billion) and a workforce of 98,000, and Coop, boasting CHF 34 billion (USD 37.81 billion) in turnover and 95,000 employees. With each having a rich century-long history in Switzerland, these cooperatives underscore the retail industry's pivotal role in driving demand for premium packaging, thus bolstering the container glass market.
• While Switzerland prides itself on a strong recycling system, there's room for improvement in glass collection and recycling rates. As consumer preferences shift towards convenience and ready-to-drink items, traditional glass packaging might face dwindling demand, signaling a potential market evolution.

Switzerland Container Glass Industry Segmentation

Glass Containers refer to clean bottles and jars made from glass. The scope excludes windows and other non-container glass products. Container glass is used in the alcoholic and non-alcoholic beverage industries due to its ability to maintain chemical inertness, sterility, and non-permeability. Glass packaging is valued for its unique properties, including its transparency, inertness, and ability to preserve the quality and integrity of its contents.

Switzerland's Container Glass Market is Segmented by End-User Industry ((Beverages (Alcoholic Beverages (Wines and Spirits, Beer and Cider, and Other Alcoholic Beverages) and Non-Alcoholic Beverages (Carbonated Drinks, Juices, Water, Dairy-Based, 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.