Market Size of France Container Glass Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.60 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Container Glass Market Analysis
The France container glass market is projected to grow at a CAGR of 3.6% during the forecast period (2022- 2027). Owing to the increase in demand for alcoholic and non-alcoholic beverages as well as significant demand from the cosemtic industry, the need for the glass container packaging market is expected to grow.
- France has been dominating beverage producer in European Union, with a broadly cultivated environment that aids the development of different forms of indigenous alcohol and its premium packaging solutions, primarily champagne and cognac in glass containers and bottles.
- Additionally, increasing consumption of alcoholic beverages such as beer, wine, and champagne, contributes to the market growth. As glass does not react with the chemicals present in drinks and thus, it preserves the strength, aroma, and flavor of these beverages, making it a favorable option for packaging. Most of all, beer volume is transported in glass bottles, which is expected to continue in the estimated timeframe. According to Brewers of Europe December 2021 study, volume of beer produced annually in France at the end of year 2020 accounted for 21,600 thousand hectoliters.
- Moreover, owing to the sustainability and recyclability of glass, many end-users are moving towards glass packaging. Besides sustainability, health consciousness is another factor compelling customers to switch to glass.
- However, a high carbon footprint in the glass manufacturing process is expected to hinder the market growth. Also, Hazardous materials used in the glass manufacturing industry, such as fuels, oils, solvents, and cleaning agents, among others, any incorrect handling or improper storage of such substances may be a source of contamination risk (to people, habitats, soil, or water resources).
- The COVID-19 have negatively impacted the studied market. Glass packaging is considered essential during the pandemic. The industry has witnessed enhanced demand from the food and beverage and pharmaceutical sectors.
