Market Size of Netherlands Container Glass Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 3.20 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Netherlands Container Glass Market Analysis
The Netherlands Container Glass market is expected to register a CAGR of 3.2% during the forecast period of 2021-2026. It is ideal for producing windowpanes, glass containers, and commodity items in foods & beverages, pharmaceuticals, décor, and other end-use sectors because it possesses excellent significant properties like chemical stability, extreme workability, high melting temperature, and thermal shock resistance.
- Alcoholic drinks are predominantly deployed in glass containers, as glass does not react with the chemicals present in drinks. Therefore, it preserves the aroma, strength, and flavor of these beverages, making them a good option for packaging. Due to this, most of the beer volume is transported in glass bottles. This trend is expected to continue over the forecasted period.
- For instance, according to Netherlands Times, the sales of beer increased significantly after the pandemic lockdown. The brewers sold more than 13% of beers in the first half of 2022 than during the same period of six months in 2021. Also, the Netherlands Brewers Association reported that sales of beer increased by 1.5% compared to the period before the pandemic. Thus, increased sales of beer created a demand for container glasses in the country.
- The container glass witnessed strong demand for different applications in the pharmaceutical industry as the demand for medical applications increased due to the covid-19 pandemic. Also, the growth in medicines requirement during the pandemic has ramped up the need for glass containers.
- The availability of substitutes for container glass is restricting the growth of the market. Such as plastics and metals have been replacing container glass in several applications across different industry verticals. Even though the fight against plastics has risen, the plastic packaging demand has not slowed down due to high penetration.
- The COVID-19 pandemic affected both the demand and production from various end-user industries such as beverage, food, cosmetics, and others due to the lockdown as the sales of different products from these industries declined. According to CBS, the Dutch economy shrank by 8.4% in the second quarter of 2020 compared to the first.
