Saudi Arabia Glass Packaging Market Report and Forecast 2024-2032

Saudi Arabia Glass Packaging Market Outlook

The Saudi Arabia glass packaging market size is projected to grow at a CAGR of 6.4% between 2024 and 2032. The market is being aided by the rising emphasis on sustainable packaging and the increasing demand for halal products in the country.

Key Trends in the Market

Glass packaging refers to the combination of containers, bottles, and jars, and a closure made of glass, cork, plastic, or metal. This type of packaging has been used around the world for centuries due to its durability, impermeability, and ability to preserve the quality of the product inside. These glass containers can be made with different materials and methods, such as soda-lime glass, which is usually made by blowing and pressing techniques.

• One of the primary Saudi Arabia glass packaging market trends is the increasing emphasis on sustainable packaging solutions. With growing consumer awareness, glass has proven to be one of the best sustainable packaging options due to its high recyclability. Manufacturers are leveraging this trend by promoting the eco-friendliness of glass packaging and engaging in recycling initiatives. Additionally, the ban on non-biodegradable plastics plays a major role in providing new opportunities to the market.

• The increasing demand for halal beauty products in the country is likely to play a crucial role in Saudi Arabia glass packaging market growth. Halal beauty is an organic and safe form of product as it is devoid of animal-based or alcohol-based ingredients. The rapid rise in demand for such products among Muslims and other communities is expected to surge the usage of glass packaging in the forecast period as it is free from animal derivatives and can be recycled.

• The Saudi Arabia glass packaging market demand is expected to rise in the upcoming years owing to the rising trend of premium packaging. Glass is perceived to provide a clean and luxurious look and its compatibility with premium brands has contributed to this trend. Due to this, consumers in the country are increasingly associating quality and luxury with glass packaging and major companies in the cosmetic, perfume, and beverage sectors are adopting glass packaging.

Market Analysis

Based on type, the market is segmented into bottles and containers, vials, ampoules, and cartridges and syringes, among others. The Saudi Arabia glass packaging market segmentation, based on application, includes alcoholic beverages, food and beverage, pharmaceuticals, and household and personal care, among others.

The comprehensive EMR report provides an in-depth assessment of the market based on Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Saudi Arabia glass packaging market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.

• Saudi Arabian Glass Company Ltd. 

• The National Company For Glass Industries (ZOUJAJ) 

• Mahmood Saeed Glass Industry Company 

• Middle East Glass (MEG) 

• DWK Life Sciences GmbH 

• Corning Incorporated

• Others

Market Share by Type

Bottles and containers are expected to account for a major portion of the Saudi Arabia glass packaging market share in the coming years. Glass is often considered a stylish and premium packaging material that is available in a wide variety of shapes, colours, and embossing patterns. Its transparency is also a key factor for its popularity as it allows consumers to see the content.

The growth of this type of glass packaging can also be attributed to the growing demand for premium food and beverage products amid the rising economic development of the country and the surging disposable incomes of the bourgeoise population. Furthermore, the increasing consumption of soft drinks and sugary drinks among the young generation is likely to further augment the market growth in the forecast period.

Market Share by Application

According to the Saudi Arabia glass packaging market analysis, food and beverages are expected to be a major contributor to the development of the market in the coming years. Glass packaging plays a crucial role in the food and beverage sector, offering a range of benefits such as eco-friendliness, durability, and zero chemical interactions that cater to both consumers and manufacturers. It is known to be great at preserving taste and quality as it does not interact with the content.

In addition, it is a sustainable type of packaging as it can be recycled infinitely without deteriorating the quality of the glass. This aligns with the growing demand for environmentally friendly food and beverage packaging solutions.

Competitive Landscape

Corning Incorporated is a leading international glass, ceramics, and concrete manufacturing company. It was founded in the year 1851 and has established itself as a leading innovator in material science. The company is based in New York, the United States, and is known for its expertise in speciality glass, which includes a wide range of glass compositions engineered for specific purposes. The company actively invests in energy-efficient technologies, waste reduction, and environmentally responsible manufacturing processes.

DWK Life Sciences GmbH is a United States-based glass product manufacturing company specialising in diagnostic packaging, speciality pharmaceuticals, life science research, and chromatography, among others. It is a leading global manufacturer of primary packaging solutions and labware for pharmaceutical, biotech, diagnostic/IVD, and personal care applications.

Middle East Glass (MEG) is a major glass container manufacturer, established in 1979. The company is based in North Africa and is engaged in the production of a wide range of returnable and non-returnable glass containers. The company supplies its containers to major companies such as Coca-Cola, Heineken, and PepsiCo.

Other Saudi Arabia glass packaging market players include Saudi Arabian Glass Company Ltd., The National Company For Glass Industries (ZOUJAJ), and Mahmood Saeed Glass Industry Company, among others.

Key Highlights of the Report

Saudi Arabia Glass Packaging Market Report Snapshots

Saudi Arabia Glass Packaging Market Size

Saudi Arabia Glass Packaging Market Share

Saudi Arabia Glass Packaging Market Analysis

Saudi Arabia Glass Packaging Companies