Middle East and Africa Glass Packaging Market – Growth & Forecast (2024

Middle East and Africa Glass Packaging Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Packaging is the process of protecting the product from environmental issues and allowing the product to travel safely for longer distances. Glass is made up of naturally sustainable raw materials such as silica sand, limestone, soda ash etc. and is one of the preferred packaging material for the consumer’s, concerned about their health and the environment. It doesn’t allow any chemical reactions to take place and ensures that the products inside the glass keep their strength, aroma, and flavour. The benefits related to glass packaging include fully recyclable without loss of quality & purity, non-porous, impermeable, zero rates of chemical interactions, protection, and others.

The Middle East and Africa Glass Packaging Market Size & Growth:

The Middle East and Africa Glass Packaging Market size is estimated to reach $ XX Billion by the end of 2024 with a CAGR of X% from $XX Billion in 2018 from 2018 to 2024. The Key factors that drive the growth of the market include increasing demand for glass packaging in the pharmaceutical sector, rising emphasis on the usage of eco-friendly recyclable materials, increase in beer consumption rates among individuals, fully recyclable properties without degeneration of purity & quality and others. Major restraints for the glass packaging market include increasing demand for plastics, transportation inconvenience and cost-effective.

Nowadays food & beverages are stored in glass containers attributed to its water-resistance and non-porous properties. Raising healthcare awareness among the individuals coupled with the potential risks associated with plastic packaging have shifted the consumers focus towards glass packaging. The usage of glass

Middle East and Africa Glass Packaging Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

products in pharmaceuticals are increasing at a great phase owing to its fully recyclable properties without degradation of purity & quality.

The Middle East and Africa Glass Packaging Market Share:

Various parameters segmented the Middle East and Africa Glass Packaging market. By the material, they are divided into borosilicates, De-alkalized soda lime, soda lime, and others. Among this soda, the lime segment is estimated to have largest market share owing to its ability to eliminate the formation of toxic compounds such as carbon dioxide in glass containers to enhance the product performance. By the product, they are divided into bottles, jars, vials, and others. Among them, glass bottles are estimated to have the largest market share attributed

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Middle East and Africa Glass Packaging Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

to its inert nature coupled with its ability to preserve foods for a long duration of time. The rise in consumption of wines and beers in emerging economies coupled with the shifting of consumer preference towards single serving drink bottles also drive the market growth of glass bottles.

By the Application, they are divided into pharmaceuticals, medical, personal care, alcoholic beverages, agriculture, household care and others. Among these alcoholic beverages is estimated to have the largest market share owing to increasing alcohol consumption rates in emerging economies, changing lifestyles and increasing income levels of individuals. As the pharmaceutical segment is estimated to have fastest market growth owing to rising healthcare awareness among the customers and improving lifestyles of consumers will increase the need for sophisticated packaging. By the geography, South Africa is estimated to have largest

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