Market Trends of Thailand Container Glass Industry
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.