Thailand Container Glass Market Size (2024 - 2029)

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 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.