The Middle East & Africa glass bottles and containers market size was USD 1.77 Billion in 2022 and is likely to reach USD 2.46 Billion by 2031, expanding at a CAGR of 3.73% during the forecast period, 2023–2031. Growth of the market is attributed to rapid urbanization, increasing premium applications of glass packaging, and increasing usages of glass bottles in deployment of cosmetics products.
The bottles that are manufactured from glass is known as glass bottles. The size of the glass bottles ranges from 200 ML to 1.5 L as per there usages. In preservatives, food condiments, cosmetics, soda, pickling, and liquor the glass bottles are commonly used. In commercial sector as per there serving purpose & utilization the glass bottles are distributed & used.
The Covid-19 pandemic affected the demand and supply of Middle East & Africa glass bottles and containers market. Lockdown across the globe, supply chain disorders, and oscillating supply of raw materials forced manufacturers to shut down production leading to unfortunate decline in market growth. Launch of vaccines to combat the Covid-19 pandemic is expected to contribute to the market growth over the forecast period.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing usage of glass bottles and containers in cosmetic sector is projected to boost the market.
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Increasing trend of sustainability is the major factor fueling the market.
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Lack of awareness about the glass bottles and containers is projected to restrict the market expansion during the forecast period.
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High price of glass bottles and containers is anticipated to hamper the market growth in the coming years.
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R&D investment and technological advancement in glass bottles and containers market is projected to offer lucrative opportunities for the market players.
Scope of Middle East & Africa Glass Bottles and Containers Market Report
The report on the Middle East & Africa glass bottles and containers market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
Attributes
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Details
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Report Title
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Glass Bottles and Containers Market– Middle East & Africa Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2022
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Historic Data
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2016-2021
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Forecast Period
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2023-2031
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Segmentation
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Color Types (Green, Amber, Flint, and Others), End-user Industry (Food, Beverage, Cosmetics, and Others)
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Geographical Scope
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Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players covered in the Report
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Bonpak (Pty) Ltd.; Milly Glass Works Ltd.; Primal Glass Pvt. Ltd.; Middle East Glass Manufacturing Company SAE; Frigoglass SAS; RAK Ghani Glass LLC; Saverglass SAS; Unitrade FZE; Majan Glass Company SAOG; Saudi Arabian Glass Co. Ltd.; and The National Company For Glass Industries (ZOVJA)
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Middle East & Africa Glass Bottles and Containers Market Segment Insights
The cosmetics segment accounts for key share of the market
Based on end-user industry, the Middle East & Africa glass bottles and containers market is fragmented into food, beverage, cosmetics, and others. The cosmetics segment accounts for a key share of the market.
Growth of the market is attributed to rising industrialization and increasing technological advancement in glass bottles and container sector. However, the beverages segment is anticipated to expand at a rapid pace during the forecast period due to rapid expansion in development & research, wide range of applications in beverages industry, and increasing per capita income.
The green segment is anticipated to hold significant market share
On the basis of color types, the market is divided into green, amber, flint, and others. The green segment accounts for a significant share of the market. Growth of the market is attributed to rising production of beer bottles, growing environmental concerns, and rising need to reduce amount of waste produced daily. The amber segment is anticipated to expand at a rapid pace during the forecast period due to factors such as rapidly growing pharmaceutical industry, rising investment by government & private sectors, and increasing population.
United Arab Emirates is estimated to hold major market share
On the basis of region, the Middle East & Africa glass bottles and containers market is categorized as Israel, South Africa, Saudi Arabia, United Arab Emirates, and Rest of the Middle East & Africa. The market of Israel is estimated to expand at a high CAGR during the forecast period due to factors such as increasing efforts to reduce methane gas emission, increasing per capita consumption of wine, and rising awareness among the manufactures.
The market of United Arab Emirates is estimated to hold major market share due to presence of major market players, rapid industrialization, increasing production capacity of plant, and rising disposable income.
Segments
The Middle East & Africa glass bottles and containers market has been segmented on the basis of
Color Types
End-user Industry
- Food
- Beverage
- Cosmetics
- Others
Geography
- Israel
- South Africa
- Saudi Arabia
- United Arab Emirates
- Rest of the Middle East & Africa
Key Players
- Bonpak (Pty) Ltd.
- Milly Glass Works Ltd.
- Primal Glass Pvt. Ltd.
- Middle East Glass Manufacturing Company SAE
- Frigoglass SAS
- RAK Ghani Glass LLC
- Saverglass SAS
- Unitrade FZE
- Majan Glass Company SAOG
- Saudi Arabian Glass Co. Ltd.
- The National Company For Glass Industries (ZOVJA)
Competitive Landscape
Key players competing in the Middle East & Africa glass bottles and containers market include Bonpak (Pty) Ltd.; Milly Glass Works Ltd.; Primal Glass Pvt. Ltd.; Middle East Glass Manufacturing Company SAE; Frigoglass SAS; RAK Ghani Glass LLC; Saverglass SAS; Unitrade FZE; Majan Glass Company SAOG; Saudi Arabian Glass Co. Ltd.; and The National Company For Glass Industries (ZOVJA)
Some of these players are using several market strategies such as collaborations, acquisitions, partnerships, merger, product launches, and capacity expansion to enhance their market shares and to generate revenue and raise their production line of the business in the coming years.