China Glass Container Packaging Market Size

China Glass Container Packaging Market Analysis

The China Glass Container Packaging Market size is estimated at USD 13.56 billion in 2024, and is expected to reach USD 16.87 billion by 2029, growing at a CAGR of 4.46% during the forecast period (2024-2029).

The demand for glass vials is expected to surge for the supply of COVID-19 vaccines. Many companies have ramped up vials manufacturing to meet any surge in demand for glass vials from the pharmaceutical industry worldwide.

COVID-19 vaccine distribution would require packaging, which requires robust vials that protect their contents and won't chemically react with the vaccine solution. For decades, drugmakers have depended on vials made up of borosilicate glass, though containers crafted from newer materials are also entering the market.

• Further, glass has emerged as one of the prominent constituents in the packaging industry. It made considerable inroads over the past few years and influenced the growth of the glass containers market. Glass containers are primarily used as storage in the food & beverage industry. They offer certain advantages over other container types because of their durability, strength, and ability to preserve a food or beverage's taste and flavor.
• Glass packaging is 100% recyclable, making it a desirable packaging option from the environmental point of view. 6 ton of recycled glass directly save 6 ton of resources and reduce the emission of CO2 by 1 ton. A recent innovation, such as lightweight and effective recycling, is driving the market. Newer production methods and the recycling effect make it possible to develop more, particularly thin-walled and lightweight glass bottles and containers.
• Alcoholic drinks are prominent adopters of glass packaging, as glass does not react with the chemicals present in drinks. Therefore, it preserves these beverages' aroma, strength, and flavor, making it a favorable packaging option. Due to this reason, a majority of the beer volume is transported in glass containers, and this trend is predicted to continue during the study period. According to Banco do Nordeste, in 2023, the annual consumption of alcoholic beverages in China is expected to amount to approximately 51.6 billion liters.
• Additionally, other factors driving the growth of the market is the increase in beer consumption. Beer is one of the alcoholic beverages that use glass containers for packaging. It is packed in dark-colored glass bottles to preserve the contents, which are prone to spoilage when exposed to UV light.