Thailand Container Glass Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 3.33 Million tons |
| Market Volume (2029) | 4.18 Million tons |
| CAGR (2024 - 2029) | 4.65 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Thailand Container Glass Market Analysis
The Thailand Container Glass Market size in terms of shipment volume is expected to grow from 3.33 Million tons in 2024 to 4.18 Million tons by 2029, at a CAGR of 4.65% during the forecast period (2024-2029).
- The Thailand glass industry offers a range of glass packaging products for food and beverage, perfumery, cosmetics, and pharmacy to its customers. The growing popularity of bottled beverages, including alcoholic and non-alcoholic drinks, contributes significantly to the demand for container glass. Glass containers are preferred due to their ability to preserve taste and quality.
- Further, glass bottles and containers are used in the non-alcoholic and alcoholic beverage industry because they can maintain sterility, chemical inertness, and non-permeability. Glass's inert nature makes it suitable for storing food, and hence, it is extensively used to store jam, jellies, oil, and other food products.
- Thailand’s tourism industry significantly drives the demand for container glass due to its impact on the food and beverage sector. Thailand's tourism ministry reported that 17.5 million foreign tourists visited Thailand in the first half of 2024, a 35% increase compared to the same period in the previous year.
- Tourists consume a wide range of beverages, including bottled water, soft drinks, juices, and alcoholic beverages such as beer and wine, often packaged in glass containers. Premium alcoholic beverages, typically sold in glass bottles, see higher demand in restaurants, hotels, and bars catering to international visitors.
- Manufacturing container glass requires significant energy, driving up production costs. Rising energy prices further exacerbate this challenge, making glass less competitive compared to alternatives like plastic or aluminum. While glass is eco-friendly in terms of recyclability, its production is energy-intensive, contributing to greenhouse gas emissions, which can be a concern in light of stricter environmental regulations.
Thailand Container Glass Market Trends
Cosmetics to have a significant growth
- Despite advancements in plastic packaging technologies, glass remains the preferred material for high-end fragrance, skincare, and personal care packaging. Cosmetic glass primarily comprises sustainable materials such as sand, limestone, and soda ash.
- Glass packaging's recyclability is a significant advantage. It is 100% recyclable and can be reprocessed indefinitely without quality loss. Approximately 80% of recovered glass is repurposed into new glass products.
- Cosmetic containers include bottles, containers, and jars, used for various products such as skincare, haircare, nail care, and makeup. Glass containers, particularly jars and bottles, are widely utilized due to their compatibility with various dispensing options, including jet and drop inserts, frothing caps, spray nozzles, and pump heads. Glass containers are valued for their non-reactive properties, ensuring they do not absorb substances from the products they contain.
- The premium perfume segment holds a substantial market share in the cosmetic glass container market and is projected to maintain its growth over the next five to seven years. This trend underscores the continued importance of glass packaging in the luxury cosmetics and fragrance sectors.
- Cosmetics and skincare products often require high-quality, durable, and aesthetically appealing packaging. Glass containers are widely used for premium products due to their non-reactive, eco-friendly, and recyclable properties. The export growth will likely increase the demand for glass containers.
- According to Ministry of Commerce (Thailand), in 2023, Thailand exported around USD 3.38 billion worth of cosmetics and skin care products, indicating an increase compared to the previous year. The rise in exports suggests a shift toward higher-quality, often luxury, cosmetics and skincare products. Such products typically prefer glass packaging for its premium appeal, durability, and recyclability.
Beverages to Show Significant Growth
- The growth in beverage consumption, including alcoholic drinks (wine, beer, spirits) and non-alcoholic options (juices, sodas, organic drinks), drives demand for durable and attractive glass containers. Glass is the preferred packaging for premium and luxury beverages, which are gaining market share globally.
- Glass packaging aligns with sustainability trends. It is 100% recyclable and eco-friendly, appealing to environmentally conscious consumers. Its chemical-free nature ensures product safety and preserves taste, making it ideal for health-focused and organic beverages.
- Organic beverages are often associated with premium quality and eco-conscious consumer preferences. Glass containers align with these values as they are non-toxic, non-reactive, and maintain the purity of the product, making them a preferred choice for packaging.
- According to the International Organic Trade Resource Guide, the consumption value of organic beverages in Thailand amounted to around USD 5.6 million in 2021 and was forecast to increase to USD 6.5 million in 2025. Driven by escalating health concerns, Thai consumers turn to healthier beverages, notably non-alcoholic alternatives.
- However, when it comes to premixed cocktails and flavoured alcoholic drinks, taste preferences still hold significant influence. The increased demand for glass containers for beverages could stimulate growth in the local container glass industry, leading to innovation and production scale-up.
Thailand Container Glass Industry Overview
The Thailand container glass market is consolidated, with a few major players such as Bangkok Glass Public Company Limited, Siam Glass Industry Co. Ltd., Thai Glass Industries Public Company Limited, and more dominating the industry. Key factors contributing to this structure include the high capital investment required for manufacturing facilities, stringent quality standards, and the technical expertise needed for production.
Market leaders in Thailand often have strong vertical integration, allowing them to manage the entire supply chain from raw material procurement to distribution. They cater primarily to industries such as food and beverages, pharmaceuticals, and cosmetics, which demand durable and aesthetically appealing packaging solutions.
Thailand Container Glass Market Leaders
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Bangkok Glass Public Company Limited
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Siam Glass Industry Co. Ltd.
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Thai Glass Industries Public Company Limited
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Wellgrow Glass Industries Co., Ltd.
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Winchance Foods Company Limited
*Disclaimer: Major Players sorted in no particular order
Thailand Container Glass Market News
- March 2024: INTA's Brand Restrictions Committee submitted comments to Thailand's Prime Minister, Minister of Finance, and other key ministers regarding proposed legislation. The proposed law would have mandated that alcoholic beverage manufacturers include large, graphic warning images on bottles and packaging to alert consumers about potential risks associated with alcohol consumption. Limiting graphic warnings allows manufacturers to maintain their branding strategies, encouraging continued use of glass as a packaging material.
- March 2024: Haadthip introduced a new range of alcoholic drinks in Thailand and announced plans to invest THB 800 million (USD 22.9 million) in expanding its production capabilities. The investment will fund a new production line for glass bottle products at the company's facility in Poon Pin district, Surat Thani province. This expansion is scheduled for completion by the fourth quarter of 2024.
Thailand 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 Export-Import Data of Container Glass
4.3 PESTEL ANALYSIS - Container Glass Industry in Thailand
4.4 Industry Standard and Regulation for Container Glass Use for Packaging
4.5 Raw Material Analysis and Material Consideration for Packaging
4.6 Sustainability Trends for Glass Packaging
4.7 Container Glass Furnace Capacity and Location in Thailand
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Rapid Shift Towards Sustainable Packaging Due to Stringent Regulations
5.1.2 Growing Adoption of Premium Glass Packaging in End-user Industries such as Beverage and Cosmetics
5.2 Market Challenge
5.2.1 Alternative Forms of Packaging is Challenging the Market Growth
5.3 Analysis of the Current Positioning of Thailand in the Asia Pacific Container Glass Market
5.4 Trade Scenerio - Analysis of the Historical and Current Export Import Paradigm for Container Glass Industry in Thailand
6. MARKET SEGMENTATION
6.1 By End-user Vertical
6.1.1 Beverages
6.1.1.1 Alcoholic Beverages
6.1.1.1.1 Beer and Cider
6.1.1.1.2 Wine and Spirits
6.1.1.2 Non-alcoholic Beverages
6.1.1.2.1 Carbonated Soft Drinks
6.1.1.2.2 Water
6.1.1.2.3 Dairy Based
6.1.1.2.4 Other Non-Alcoholic Beverages
6.1.2 Cosmetics
6.1.3 Pharmaceutical
6.1.4 Other End-user Verticals
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles
7.1.1 Bangkok Glass Public Company Limited
7.1.2 Siam Glass Industry Co. Ltd.
7.1.3 Thai Glass Industries Public Company Limited
7.1.4 Wellgrow Glass Industries Co., Ltd.
7.1.5 Winchance Foods Company Limited
- *List Not Exhaustive
8. SUPPLEMENTARY COVERAGE - ANALYSIS OF MAJOR FURNACE SUPPLIERS TO MAJOR CONTAINER GLASS PLANTS IN THAILAND
9. FUTURE OUTLOOK OF THE MARKET
Thailand Container Glass Industry Segmentation
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. It is often chosen for products where purity, safety, and environmental sustainability are paramount concerns.
The Thailand Container Glass Market is segmented by end-user vertical (beverages [alcoholic (wines and spirits, beer, and cider), non-alcoholic (carbonated soft drinks, water, dairy-based drinks, and other non-alcoholic beverages)] food, cosmetics, pharmaceuticals, and other end-user vertical). The market sizes and forecasts are provided in terms of value (tons) for all the above segments.
| By End-user Vertical | ||||||||||||
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| Cosmetics | ||||||||||||
| Pharmaceutical | ||||||||||||
| Other End-user Verticals |
Thailand Container Glass Market Research FAQs
How big is the Thailand Container Glass Market?
The Thailand Container Glass Market size is expected to reach 3.33 million tons in 2024 and grow at a CAGR of 4.65% to reach 4.18 million tons by 2029.
What is the current Thailand Container Glass Market size?
In 2024, the Thailand Container Glass Market size is expected to reach 3.33 million tons.
Who are the key players in Thailand Container Glass Market?
Bangkok Glass Public Company Limited, Siam Glass Industry Co. Ltd., Thai Glass Industries Public Company Limited, Wellgrow Glass Industries Co., Ltd. and Winchance Foods Company Limited are the major companies operating in the Thailand Container Glass Market.
What years does this Thailand Container Glass Market cover, and what was the market size in 2023?
In 2023, the Thailand Container Glass Market size was estimated at 3.18 million tons. The report covers the Thailand Container Glass Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Thailand Container Glass Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Thailand Container Glass Industry Report
Statistics for the 2024 Thailand Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Thailand 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.
Thailand Container Glass Market Report Snapshots
