By 2032, the Middle East and Africa retail glass packaging market is expected to consistently expand at a 6.2% CAGR. The market is expected to expand its revenue share from US$ billion 1.8 in 2022 to US$ 3.2 billion by 2032.
By 2032, the Europe retail glass packaging market is predicted to expand at a 4.1% CAGR. The market is expected to expand its revenue share from US$ billion 7.8 in 2022 to US$ 11.6 billion by 2032.
The Europe and Middle East and Africa (EMEA) retail glass packaging market has witnessed significant growth in recent years due to the increasing demand for eco-friendly and sustainable packaging solutions. Glass is a highly preferred packaging material due to its unique properties such as being non-reactive, impermeable, and recyclable.
The Europe and Middle East and Africa Retail Glass Packaging Market is a thriving sector that caters to the packaging needs of a wide range of industries such as food and beverages, cosmetics, pharmaceuticals, and more. The market is characterized by the presence of several key players who compete based on factors such as product quality, design, and sustainability. Glass packaging offers numerous advantages, including excellent barrier properties, product visibility, and the ability to preserve the freshness and quality of the packaged goods.
Identify key trends, drivers, and challenges in the market, which will help vendors improve their strategies to stay ahead of their competitors. View our PDF Sample Report https://www.futuremarketinsights.com/reports/sample/rep-gb-16532
Recent Developments
- The Coca-Cola Europacific Partners (CCEP) brands Fuze Tea, Tropico, Sprite, Fanta, and Minute Maid are marketed in France starting in May 2022.
- They are in a universal 250ml bottle that can be returned, cleaned, and refilled for use in lodging establishments, eateries, and cafes.
- Along with the other brands, Coca-Cola Original, Coca-Cola Zero, and Coca-Cola Cherry are now offered in 350ml returnable glass bottles.
- The product portfolio of PepsiCo offers a variety of delectable foods and beverages, including several legendary brands with projected annual retail sales of more than $1 billion each.
Key players
- O-I Glass, Inc.
- Ardagh Group SA
- Gerresheimer AG
- Schott AG
- Bormioli Rocco S.p.A.
- Vetropack Holding AG
- Vidrala SA
- Vitro Packaging, LLC
- Wiegand-Glas GmbH
- Heinz-Glas GmbH & Co. KGaA.
- Stölzle-Oberglas GmbH
- SGD Pharma
- MEG
- Saverglass SAS
- Verallia SA
- Saudi Arabian Glass Co. Ltd
Market Trends and Insights
Trend 1: Increasing Demand for Sustainable Packaging
With the growing concerns regarding environmental sustainability, there has been a significant shift towards sustainable packaging solutions in the retail industry. Glass packaging, being recyclable and reusable, has emerged as a preferred choice for many consumers and businesses alike. This trend is expected to drive the demand for glass packaging in the Europe and Middle East and Africa region.
Trend 2: Rising Popularity of Premium Packaging
In today’s competitive market, product packaging plays a crucial role in attracting consumers. Premium packaging, including glass containers, adds a touch of elegance and sophistication to the products. Many luxury brands in the retail sector are opting for glass packaging to enhance the perceived value of their products and create a premium brand image.
Trend 3: Technological Advancements in Glass Packaging
Advancements in glass manufacturing technologies have paved the way for innovative packaging solutions. Manufacturers are now able to produce lightweight and shatterproof glass containers, which offer convenience and safety without compromising on the aesthetic appeal. These technological advancements are expected to further fuel the growth of the Europe and Middle East and Africa Retail Glass Packaging Market.
Customize your report by selecting specific countries or regions and save 30% @ https://www.futuremarketinsights.com/customization-available/rep-gb-16532
Key Segments
By Packaging Formats:
- Bottles
- Jars
- Vials
- Ampoules
- Syringes
- Cartridges
- Others
By Grade:
- Type I
- Type II
- Type III
- Type IV
By Capacity:
- Up to 50 ml
- 51 to 250 ml
- 251 to 750 ml
- Above 750 ml
By End Use:
- Food
- Beverages
- Personal Care & Cosmetics
- Pharmaceuticals
- Other Industrial
Key Benefits
- This report provides a quantitative analysis of the current Europe and the Middle East and Africa Retail Glass Packaging market trend, market opportunities, estimations, and dynamics of the Europe and the Middle East and Africa Retail Glass Packaging market analysis from 2023 to 2033 to identify the prevailing Europe and the Middle East and Africa Retail Glass Packaging market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities. - Porter’s five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of Europe and the Middle East and Africa Retail Glass Packaging market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes an analysis of the regional as well as global electrostatic discharge (esd) packaging market trends, key players, market segments, application areas, and market growth strategies.
Market presence across multiple geographical footprints – Strong/Active/Niche/Trivial – Buy the report! https://www.futuremarketinsights.com/checkout/16532
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
LinkedIn| Twitter| Blogs | YouTube
For Sales Enquiries: sales@futuremarketinsights.com
