Market Trends of Germany Container Glass Industry
This section covers the major market trends shaping the Germany Container Glass Market according to our research experts:
Pharmaceutical Sector to Witness Significant Growth
- Germany is the European Union's leading pharma manufacturing and R&D location. It holds some of the world's prominent pharmaceutical glass packaging companies, such as Gerresheimer AG and Schott AG. These companies are continuously expanding their footprints in the region through product launches and capacity expansion.
- For instance, Aenova Holding GMBH produces 70 million vials, 250 million ampoules, and 120 million syringes on average, respectively, every year. Glass manufacturers have been key players in the reuse and recycling system of Germany. In October 2020, Gerresheimer began producing glass with a higher proportion of recycled glass at the Tettau site in Germany.
- Moreover, Vendors in the market have been supplying vials for more than 100 coronavirus vaccine trials worldwide. For instance, Schott AG introduced vials made of Borosilicate glass that can withstand temperatures from -80 to 500 degrees Celsius for the Pfizer/BioNTech vaccine. The temperature required to store the vaccine is -70 degrees centigrade, hence making the company's products suitable to be used widely.
- The German Pharmaceutical sector showed the highest research intensity among all major German industries - about 12.5 % of revenues were reinvested in R&D in 2018. With 499 clinical trials financed by research-based pharmaceutical companies in 2019, Germany ranked fifth worldwide, directly behind the USA, China, Spain, and the UK. Building on the competencies, many German organizations have become key contributors in the global fight against the Covid-19 pandemic.
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Significant Demand from Beverage Packaging
- Alcoholic drinks comprise one of the most lucrative segments within the beverages industry, accounting for a higher market share in terms of volume in comparison to other end-use applications. Due to an increase in alcoholic beverage consumption, Germany is expected to remain one of the highly lucrative markets for glass containers.
- As per the American Addiction Centers, Inc. (AAC), an average citizen in Germany consumes 11.3 liters of alcohol in a year while the global average is 8.9 liters.
- Alcoholic beverages were the largest end-user of glass material packaging in 2020, primarily driven by the beer & cider sector. Glass packaging is strong and transparent which offers a premium image while providing longer shelf life to the products.
- Germany's imports of beverages, spirits, and vinegar were USD 9.65 Billion in 2021, according to the United Nations COMTRADE database on international trade.
- With an annual per capita consumption level of 168 liters, coffee remains the country's most popular drink. In 2020, the average per capita consumption of mineral water and soft drinks reached 134.5 liters and 114.4 liters respectively. In the same year, the industry produced non-alcoholic beverages worth EUR 8.4 billion. Segments with dynamic growth were fruit juice lemonade light (+48.6 percent) and vitamin, mineral & energy drinks (+20.7 percent). All of these factors are playing a key role in the glass packaging market too.
