Market Size of Africa Glass Bottles and Containers Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Volume (2024) | 4.31 Billion units |
| Market Volume (2029) | 5.56 Billion units |
| CAGR (2024 - 2029) | 5.21 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
Africa Glass Bottles & Containers Market Analysis
The Africa Glass Bottles and Containers Market size is estimated at 4.31 Billion units in 2024, and is expected to reach 5.56 Billion units by 2029, growing at a CAGR of 5.21% during the forecast period (2024-2029).
The COVID-19 pandemic affected most of the end-user industries in Africa. Owing to the local government's lockdowns to curb the spread of the virus, there has been an adverse impact on both the demand and supply of glass
packaging products. Further, the Russia-Ukraine war has an impact on the overall packaging ecosystem.
- Alcoholic drinks, like beer, account for the major segment of the market, as glass does not react with the chemicals present in drinks and, therefore, preserves the aroma, strength, and flavor of these beverages, making it a favorable option for packaging. It is packed in dark-colored glass bottles to preserve the contents, which are prone to spoilage when exposed to UV light.
- Beer consumption is also increasing in the region, creating a demand for glass bottles and containers. According to the data published by Kirin (January 2022), a Japanese beverage company, the annual beer consumption in Africa was 13.13 million kiloliters in 2020, which is equivalent to 20.74 billion beer bottles of 633 milliliters each.
- Governmental authorities have pushed to improve the local production of medications in Africa, bringing new opportunities for glass packaging. According to International Finance Corporation (IFC), pharmaceutical imports comprise as much as 70% to 90% of drugs consumed in most of Sub-Saharan Africa.
- In addition, the heavy investments directed toward developing and manufacturing COVID-19 vaccines also create a need for glass vials and other forms of packaging. In July 2021, World Bank and government institutions from the United States, Germany, and France offered a EUR 600 million (USD 709.8 million) loan to Aspen Pharmacare, one of the biggest pharmaceutical companies in Africa, for manufacturing vaccines.
- The vendors in the region are also investing heavily to improve the manufacturing process and expand. For instance, in July 2022, the Nigel production facility of Ardagh Glass Packaging (AGP) in Gauteng, South Africa, received a ZAR 1.5 billion (USD 95 million) extension.
