Sri Lanka Container Glass Market Size
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Volume (2025) | 94.45 kilotons |
| Market Volume (2030) | 101.85 kilotons |
| CAGR (2025 - 2030) | 1.52% |
| Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Sri Lanka Container Glass Market Analysis
The Sri Lanka Container Glass Market size is estimated at 94.45 kilotons in 2025, and is expected to reach 101.85 kilotons by 2030, at a CAGR of 1.52% during the forecast period (2025-2030).
In Sri Lanka, domestic demand, export potential, and the broader economic environment influence the container glass market. Piramal Glass Ceylon PLC, a key player with substantial production capabilities, is dominating the local scene.
- As the sole large-scale producer of glass containers in Sri Lanka, Piramal Glass is instrumental in catering to diverse sectors, including food and beverages, pharmaceuticals, and cosmetics. By investing in advanced technology and sustainable practices, Piramal Glass secures a competitive advantage and bolsters Sri Lanka's ability to satisfy local and regional demands.
- In Sri Lanka, the pharmaceutical sector's demand for glass containers is a primary catalyst for market expansion. The pharmaceutical realm values glass packaging for its protective attributes, notably chemical inertness and barrier properties, which shield medications from contamination and degradation. As Sri Lanka's healthcare sector evolves to address its growing population's needs, the demand for pharmaceutical packaging surges. This encompasses glass containers for liquid medications and dietary supplements. The industry's focus on quality and safety in drug storage complements glass's inherent characteristics, driving its prevalent use. With projections indicating a rise in healthcare spending in Sri Lanka, this demand trajectory appears set to continue.
- Besides pharmaceuticals, sectors like food and beverages, personal care, and cosmetics play a pivotal role in driving the demand for glass containers. The food industry opts for glass packaging for items such as jams, sauces, and ready-to-drink beverages, valuing its ability to preserve flavor and extend shelf life without chemical leaching. In personal care, glass is prized for its premium look and its capacity to uphold formulation integrity. A growing consumer preference for sustainable and recyclable packaging has further heightened glass's allure in these sectors. Initiatives like Coca-Cola's reintroduction of family-sized reusable glass bottles underscore this trend, motivating other manufacturers to follow suit and amplifying the demand for glass containers.
- Global and local economic dynamics also sway Sri Lanka's glass container market. A case in point is Coca-Cola Beverages Sri Lanka's reintroduction of a family-sized glass bottle, a strategic move towards championing reusable packaging. This initiative emerges amidst the country's struggle with a profound currency crisis, highlighted by the Sri Lankan rupee's dramatic fall from 200 to 360 against the US dollar in 2022. Economic turbulence, exacerbated by policies like aggressive money printing to sustain low-interest rates, has led to soaring inflation rates, hovering around 70%. Food prices have seen an even steeper ascent, surging over 90% in the last year. In this context, Coca-Cola's emphasis on reusable glass bottles not only aids financially strained consumers but also underscores a commitment to sustainability. In summary, Sri Lanka's container glass market is a balancing act, navigating robust industrial capabilities against a backdrop of economic hurdles.
Sri Lanka Container Glass Market Trends
Huge Demand From Beverage Sector
- The glass container market in Sri Lanka has seen significant growth, primarily fueled by the expanding beverage industry. This industry spans alcoholic and non-alcoholic beverages, from bottled water and carbonated drinks to fruit juices and spirits. Glass containers have become popular as consumers increasingly favour healthier and eco-friendly packaging. Their non-reactive nature ensures that beverages maintain their quality and flavour, free from harmful leaching. This shift mirrors global trends towards sustainability and health-conscious choices, driving up the demand for glass packaging.
- Sri Lanka's strategic initiatives to bolster local manufacturing have further energized the glass container market. By investing in glass production technologies and forging partnerships with regional entities, local manufacturers are not only catering to the surging domestic demand. Still, they are also curtailing their reliance on imports. Moreover, the nation's burgeoning tourism sector, which boosts the consumption of premium beverages, has heightened the demand for attractive, durable packaging solutions like glass.
- For example, in May 2024, Knuckles unveiled its latest offering: Knuckles Bottled Drinking Water, now in glass bottles. Sourced directly from the pristine Knuckles Mountains, the water undergoes a careful bottling process, ensuring it retains the region's historically celebrated natural qualities. With its pure spring origins, elevated pH value, and rich mineral content, Knuckles Bottled Drinking Water stands out as a premium hydration source.
- In 2023, Sri Lanka’s glass container industry exported glass containers - categorized under the code 7010, which includes carboys, bottles, flasks, jars, pots, phials, ampoules, and other containers—to many counties like India, Canada, Australia, Italy, Mexico and others. The total export value to India amounted to USD 9,789 thousand, demonstrating Sri Lanka’s growing role as a key player in the regional glass container market. This strong export performance highlights the country's established capabilities in glass production and its strategic position in the South Asian market.
Pharmaceutical Sector Drives Further Growth
- Driven by the surging demand for secure and dependable packaging, Sri Lanka's pharmaceutical sector has witnessed a notable upswing in its glass container market. Thanks to their non-reactive nature, glass containers are pivotal for storing a myriad of pharmaceutical items, from liquid medications and injectable drugs to vaccines, ensuring the contents' integrity remains intact. With Sri Lanka's pharmaceutical industry evolving to cater to its burgeoning population's healthcare demands, the appetite for premium glass packaging has surged, compelling market players to boost both production and innovation.
- Regulatory compliance and safety standards are increasingly shaping the pharmaceutical landscape, fueling this growth. Sri Lankan authorities, including the government and health agencies, are championing stringent quality controls. Their goal? To guarantee pharmaceutical products retain their efficacy and remain uncontaminated throughout storage and transit. Given their durability and chemical stability, glass containers seamlessly meet these stringent demands, often overshadowing alternatives like plastics. This heightened emphasis on secure packaging, coupled with a growing recognition of glass's advantages for prolonged storage, has catalyzed the market's expansion.
- United Nations forecasts hint at a steady uptick in Sri Lankan healthcare spending, projecting an ascent of USD 3.2 million U.S. dollars from 2024 to 2029, culminating in an estimated USD 1.6 billion by 2029. While this growth may appear gradual and somewhat uneven, it underscores a persistent demand for healthcare products and services. Such dynamics resonate with the glass container market As healthcare expenditures swell, so does the appetite for pharmaceuticals, nutraceuticals, and wellness items. These products, demanding secure and non-reactive packaging, often turn to glass jars and bottles.
- Glass containers are indispensable for storing liquid medications, dietary supplements, and over-the-counter (OTC) items. With healthcare spending on the rise, a broader spectrum of medical and wellness products will likely become accessible to consumers. This trajectory bolsters the demand for glass packaging, which guarantees product stability, purity, and an extended shelf life. As this spending trend continues, Sri Lankan manufacturers might find themselves scaling up glass container production, honing in on features like tamper-evidence and child-resistance to enhance safety.
Sri Lanka Container Glass Industry Overview
The Sri Lanka Container Glass market is largely consolidated, with a few key players dominating the industry. These include PGP Glass Ceylon PLC (PGP), Mapple Packaging Pvt Ltd, and Glass Pack LK. These companies continuously invest in research and development to maintain their position at the forefront of technical innovation in the sector.
The market's consolidation has led to intense competition among these major players, driving them to focus on product differentiation and quality improvements. Additionally, these companies are expanding their production capacities and exploring new market segments to strengthen their foothold in the industry. The consolidated nature of the market also presents challenges for new entrants, as established players have significant advantages in scale, distribution networks, and customer relationships.
Sri Lanka Container Glass Market Leaders
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PGP Glass Ceylon PLC (PGP)
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Mapple Packaging (Pvt) Ltd
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Glass Pack LK
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DHProducts
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Shanghai Hejing Plastic Product Co., Ltd
- *Disclaimer: Major Players sorted in no particular order
Sri Lanka Container Glass Market News
- October 2024: Aquafresh, the leading bottled water brand in Sri Lanka, has launched a new initiative by introducing glass water bottles. This step highlights the company's focus on sustainability and environmental stewardship. As global attention increasingly shifts towards eco-friendly solutions, Aquafresh is offering an alternative that aligns with its enduring commitment to both consumer welfare and environmental protection.
- June 2023: PGP Glass Ceylon PLC, Sri Lanka's exclusive producer of glass bottles for the food and beverage sector, in collaboration with HEINEKEN Lanka Limited, a fully-owned subsidiary of HEINEKEN N.V., unveiled a significant achievement for Sri Lanka's commitment to innovation and sustainability: the introduction of a 625ml reusable bottle featuring advanced screen printing technology.
Sri Lanka Container Glass Industry Segmentation
Container glass is designed for manufacturing glass containers, including bottles, jars, drinkware, and bowls. Its key attributes include chemical inertness, sterility, and non-permeability, rendering it especially sought after in the beverage, food, pharmaceutical, and cosmetic sectors. The research also examines underlying growth influencers and significant industry vendors, all of which help to support market estimates and growth rates throughout the anticipated period. The market estimates and projections are based on the base year factors and arrived at top-down and bottom-up approaches.
Sri Lanka container glass market is segmented by end-user vertical (beverages [alcoholic beverages (beer, wine, spirits, and other alcoholic beverages {cider and other fermented drinks}), non-alcoholic beverages (juices, carbonated drinks (CSDs), dairy product-based drinks, other non-alcoholic beverages)], food [jam, jelly, marmalades, honey, sausages and condiments, oil, pickles], cosmetics and personal care, pharmaceuticals (excluding vials and ampoules), and perfumery), by color (green, amber, flint and other colors). The report offers market forecasts and size in volume (kilotons) for all the above segments.
| By End-user Vertical | Bevarages | Alcoholic | Beer | |
| Wine | ||||
| Spirits | ||||
| Other Alcoholic Beverages (Cider and Other Fermented Drinks) | ||||
| Non-Alcoholic | Juices | |||
| Carbonated Drinks (CSDs) | ||||
| Dairy Product Based Drinks | ||||
| Other Non-Alcoholic Beverages | ||||
| Food (Jam, Jelly, Marmalades, Honey, Sausages and Condiments, Oil, Pickles) | ||||
| Cosmetics and Personal Care | ||||
| Pharmaceuticals (excluding Vials and Ampoules) | ||||
| Perfumery | ||||
| By Color | Green | |||
| Amber | ||||
| Flint | ||||
| Other Colors | ||||
| Bevarages | Alcoholic | Beer | |
| Wine | |||
| Spirits | |||
| Other Alcoholic Beverages (Cider and Other Fermented Drinks) | |||
| Non-Alcoholic | Juices | ||
| Carbonated Drinks (CSDs) | |||
| Dairy Product Based Drinks | |||
| Other Non-Alcoholic Beverages | |||
| Food (Jam, Jelly, Marmalades, Honey, Sausages and Condiments, Oil, Pickles) | |||
| Cosmetics and Personal Care | |||
| Pharmaceuticals (excluding Vials and Ampoules) | |||
| Perfumery | |||
| Green |
| Amber |
| Flint |
| Other Colors |
Sri Lanka Container Glass Market Research Faqs
How big is the Sri Lanka Container Glass Market?
The Sri Lanka Container Glass Market size is expected to reach 94.45 kilotons in 2025 and grow at a CAGR of 1.52% to reach 101.85 kilotons by 2030.
What is the current Sri Lanka Container Glass Market size?
In 2025, the Sri Lanka Container Glass Market size is expected to reach 94.45 kilotons.
Who are the key players in Sri Lanka Container Glass Market?
PGP Glass Ceylon PLC (PGP), Mapple Packaging (Pvt) Ltd, Glass Pack LK, DHProducts and Shanghai Hejing Plastic Product Co., Ltd are the major companies operating in the Sri Lanka Container Glass Market.
What years does this Sri Lanka Container Glass Market cover, and what was the market size in 2024?
In 2024, the Sri Lanka Container Glass Market size was estimated at 93.01 kilotons. The report covers the Sri Lanka Container Glass Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Sri Lanka Container Glass Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
Sri Lanka Container Glass Industry Report
Statistics for the 2025 Sri Lanka Container Glass market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Sri Lanka Container Glass analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
