Glass packaging is regarded as one of the most reliable in terms of health, flavor, and environmental protection. Glass packaging is regarded as a luxury since it keeps the goods fresh and safe. This can ensure its continued use in a variety of end-user sectors around the world, despite stiff competition from plastic packaging.
Glass packaging is gaining popularity in various areas due to rising consumer demand for safe and healthy packaging. Glass packaging is also becoming more desired among end-users because of the breakthrough technologies for embossing, molding, and adding artistic finishes to glass. Furthermore, the primary factors include rising demand for environmentally friendly products and growing demand from the food and beverage market also fuels the Middle East and Africa glass packaging market growth in the next six years. Glass is also the most environmentally preferred packing type due to its recyclable nature. In recent years, lightweight glass has emerged as a key breakthrough, providing the same resistance as previous glass materials while improving stability and reducing the number of raw materials consumed and CO2 released.
Consumption patterns have changed as a result of modern lifestyles, and the beverage business is capitalizing on this tendency. The modern brewing sector offers advantageous traits such as compactness and mobility in terms of product packaging to create new revenue potential. Beer consumption in 2017 across the globe was predicted to reach 186.72 million kiloliters, according to Kirin Beer University. PepsiCo reported $63.5 billion in revenue from non-alcoholic beverages in the same year. Demand for effective packaging trends with allowances for longer shelf life, scent preservation, heat insulation, sealing, and moisture barrier has risen as a result of rising beverage consumption. As a result of these demands, the glass packaging industry grew to $51 billion in 2018. Beverages are an application section of the glass packaging industry, which has eco-friendly, recyclable, and sustainable products in industries such as food, pharmaceuticals, and cosmetics. Plastic bans across the Middle East and African regions are driving up demand for Middle East and Africa glass packaging, which is expected to expand at a CAGR of 3.21 percent from 2022 - 2027.
Middle East and Africa Glass Packaging Market Recent Developments in the Industry:
In 2020, Owen-Illinois lauded glass as the ‘Packaging choice of the future’, enhancing the importance of the glass packaging sector worldwide.
In 2020, Saverglass opened its fifth production unit in Mexico, this move will enhance its regional presence in North America.
Drivers and Restraints of the Middle East and Africa Glass Packaging Market
The Middle East and Africa market for glass packaging has been growing steadily as people are adopting this form of packaging over plastic because of the ecological benefits. Almost every manufacturing industry requires different glass packaging techniques of its products. Environment-friendly glass packaging is also the demand of the hour with the world focusing on eco-friendly consumption of goods. This has led to advancements in technology and thus improvements in the industry. This packaging can also be used to perform waterproofing operations that add more to the industry’s portfolio. Glass is also recycled extensively in African countries and then reused in the packaging industry. This provides growth opportunities for market players. The growth of the beverage industry has spiked the demand in the past few years. Beverage packaging is mostly done with the help of glass. This has resulted in the growth of the packaging sector.
The government norms of the various countries in the Middle East and African region have resulted in manufacturing companies adopting an eco-friendly packaging alternative over plastic and glass has emerged out to be one of the most widely used forms. Glass packaging as compared to other packaging alternatives is expensive and thus companies are reluctant to use glass as their preferred material for packaging. The recent emergence of bioplastics has enhanced the usage of those materials and provides a cheap and nature-friendly alternative to plastic. These factors hinder the growth of the market. The prohibition on the consumption of alcoholic beverages in various Middle East countries undermines the scope of the glass packaging industry, which is a major impeding factor for growth.
The Middle East and Africa Glass packaging market has been segmented into the following categories:
Borosilicate
De-Alkalized Soda Lime
Soda Lime
Alcoholic Beverages
Food & Beverages
Pharmaceutical
Beer
African countries have started to improve their recyclability of products and are extensively using recycled glass for packaging. South Africa, Nigeria, and Ghana are countries where recyclability is growing steadily and provides tremendous growth opportunities for the glass packaging industry in the MEA.
The beverage industry has proliferated in the Middle East and African region, manufacturers are always looking to expand their business operations and improving their product portfolio. Non-Alcoholic beverage demand is burgeoning, and it required glass packaging thus boosting the industry. Another aspect for which glass is popular because of its inactivity towards other chemicals, hence it is extensively used in the laboratory packaging industry.
Glass packaging has a vast application in areas like medical, industrial packaging, and so on. The Healthcare industry also has wide-scale implications of glass packaging and contributes a lot towards the growth of the local industry.
Coronavirus had a severe impact on Middle East and African countries. These impacts are not direct because of the plagued virus but it has dampened investments in various markets. Glass packaging industry witnessed subdued growth during this time as production activities came to a halt and the demand curve flattened. Financial experts say that the situation is expected to get better in the mid-2021
The Sherwin-Williams Company
Owen-Illinois, Inc.
Amcor Limited.
UniTrade FZE
Saudi Arabian glass Co. Ltd.
Saverglass SAS
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