Switzerland Container Glass Market Size

Switzerland Container Glass Market Analysis

The Switzerland Container Glass Market is expected to grow at a CAGR of 4.8% during the forecasted 2020 to 2027. Glass is the preferred packaging for consumers concerned about their health and the environment. Significant consumer demand and behavior shifts have been driving exponential growth across food production, processing, delivery, and disposal and unlocking unprecedented opportunities for Glass Container Packaging. The leveraging of Switzerland and formidable footing within the food industry is creating growth opportunities for the market.

• The demand for packaging solutions is increasing as the food industry is of great importance for securing the food supply in Switzerland and the economy as a whole. Some Swiss food corporations have a worldwide presence and occupy an important position in the global food industry.
• Switzerland is one of the world's largest per capita food importers. There are lots of niches to be filled. Within the food and drink sector, there are many growth markets, such as ethnic food, high-quality and regional specialties, convenience food, seafood, and alcoholic beverages. The Swiss market offers excellent opportunities for producers and manufacturers of quality food, and Swiss customers set high standards, but the rewards can also be increased.
• However, weight and fragility were the fundamental reasons which can hinder the growth of the market. The shifting focus of the users towards the alternative packaging solution can hamper the growth of the market.
• The Covid-19 pandemic has moderately affected the growth of the glass container packaging market. The COVID-19 pandemic led to numerous significant changes in commodity flows in the agriculture and food sector both in Switzerland and abroad. International markets proved resilient despite logistical challenges and export restrictions in individual countries.