Market Share of Africa Glass Bottles and Containers Industry
The Africa Glass and Container Market are moderately competitive. The major vendors in this market have a strong foothold in this market due to their reliable access to distribution channels. Additionally, Console Glass (Pty) Ltd operates in Kenya, Nigeria, and Ethiopia, and the capacity of these three plants is 37,000, 40,000, and 40,000 tons per annum of container glass products, respectively. Some other major vendors in this market are Schott AG, Bonpak (Pty) Ltd, Nurrin Pharmalab (Pty) Ltd, Frigoglass SAIC, etc.
In December 2022, Frigoglass announced new funding and an agreement on a comprehensive recapitalization. The Frigoglass Group will be given the first payment of EUR 13.25 million (USD 13.95 million). The Frigoglass Group would receive a second tranche of EUR 10 million (USD 10.54 million) on December 7th, 2022. The company would receive a third tranche, totaling EUR 10 million (USD 10.54 million), on or around December 21st, 2022.
In April 2022, One of the largest manufacturers of glass packaging on the African continent, Consol Holdings Proprietary Limited, was acquired by Ardagh Group. The acquisition, for USD 1 billion, including net debt acquired in Consol, represents a large inward investment into the South African and other markets in which Consol works, with a follow-up investment program of ZAR 3 billion (USD 200 million) in two additional furnaces.
Africa Glass Bottles & Containers Market Leaders
Bonpak Pty Ltd.
Moco Cosmetic Packaging cc
Consol Glass Pty Ltd
Beta Glass Plc (Frigoglass Industries (Nigeria) Ltd)
Glamosa Glass
*Disclaimer: Major Players sorted in no particular order
