With Luxury Packaging, Industry is Aiming for Great Profit Margins: Europe and the Middle East and Africa (EMEA) Retail Glass Packaging Market Research Report (2022 to 2032) | Future Market Insights, Inc.

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The Middle East and Africa (EMEA) retail glass packaging market is predicted to be worth US$ 10.1 billion in 2023, and rise to US$ 14.8 billion by 2032.

Retail glass packaging is expected to be in high demand in EMEA as consumers’ preferences for eco-friendly, health & wellness, enticing, and affordable packaging options grow. Recently, companies actively developed unique retail glass packaging solutions while collaborating closely with their customers and industrial suppliers.

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By compiling information on consumer trends and preferences, businesses may design packaging that is especially tailored to the requirements of their target customers. In established regions like Europe, the luxury packaging market is primarily driven by the volume of launches in the food, beverage, and alcohol industries.

Glass dominates the market for luxury packaging among all other material types, with a market share of more than 50%. The retail glass packaging sectors in EMEA are seriously threatened by the plastic and metal packaging industries.

In the food and beverage sector, glass packaging has suffered a reduction in market share, but it still has advantages over alternative materials. Key causes of this loss include the high cost of production, heavy weight, and fragility of glass containers.

Key Takeaways

• Demand for retail glass packaging in Europe is expected to increase at a CAGR of 4.1% during the projected period.
• Demand for retail glass packaging in MEA is expected to increase at a CAGR of 6.2% during the projected period.
• By 2032, the United Kingdom is likely to dominate the Europe retail glass packaging market, with a CAGR of 5.3%.
• The adoption of retail glass packaging in Europe increased at a 2% CAGR between 2018 and 2022, citing FMI’s study.
• The adoption of retail glass packaging in MEA increased at a 2.7% CAGR between 2018 and 2022, citing FMI’s study.
• Poland’s retail glass packaging market is expected to expand at a CAGR of 4.9% by 2032.
• Based on packaging format, the bottle segment is likely to lead the Europe market with a CAGR of 5% by 2032.
• Based on end use, the personal care & cosmetics segment is expected to dominate the Europe retail glass packaging with a CAGR of 6.2% by 2032.
• Europe offers an incremental opportunity worth US$ 4,111.1 million between 2022 and 2032, while MEA has an incremental opportunity worth US$ 1,561.0 million.

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Competitors Utilizing Their Potential For Improved Market Share

The EMEA retail glass packaging market is predicted to experience significant start-up growth over the projection period. The primary factors causing the rise are the demand for high-quality and safe packaging, rising disposable incomes, and an expanding retail industry.

Due to the initiatives taken by various governments to promote the use of sustainable packaging materials, the industry expanded further. The growing popularity of e-commerce presents new opportunities for the EMEA retail glass packaging sector.

In order to expedite the plastic modeling process, manufacturers have upgraded their production techniques using 3D printing technology, which is boosting the market. Many companies are utilizing research and development to enhance 3D printing in order to make glass containers appealing.

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Recent Developments

• PepsiCo’s product line includes a wide range of delicious meals and drinks, including a variety of illustrious brands with expected annual retail sales of more than $1 billion apiece.
• Beginning in May 2022, the Coca-Cola Europacific Partners (CCEP) brands Fuze Tea, Tropico, Sprite, Fanta, and Minute Maid are sold in France. They come in a standard 250 ml bottle that may be used in hotels, restaurants, and cafés—returned, cleaned, and replenished.

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

Table of Content

 1. Executive Summary | Europe and the Middle East and Africa Retail Glass Packaging Market

    1.1. Market Outlook

    1.2. Market Analysis

    1.3. Analysis and Recommendations

2. Market Overview

    2.1. Market Coverage / Taxonomy

    2.2. Market Definition / Scope / Limitations

3. Key Market Trends

    3.1. Key Trends Impacting the Market

    3.2. Product Innovation / Development Trends

4. Key Success Factors

    4.1. Product Adoption / Usage Analysis

    4.2. Product USPs / Features

    4.3. Strategic Promotional Strategies

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About the Packaging Division at Future Market Insights 

The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, and packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help. 

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