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Sustainability will become a key theme for businesses and consumers, so the overall UAE glass packaging market will be on the rise because glass packaging is a solution for the brands seeking ways to reduce their footprint in relation to the environment while being able to deliver a high-quality product.
The market is characterised by a wide range of applications across industries such as food, beverages, pharmaceuticals, and cosmetics. Individual sector is therefore using glass packaging to meet the requirements of consumers and governmental and regulatory demand for sustainability.
One of the advantages of UAE’s strategic position as a hub for trade is increased regional demand in the glass packaging sector. Supported by local as well as international players investing in advanced technologies and sustainable practices, growth is expected in this area.
Glass packaging market catches up with fast-changing consumer preferences for environmentally-friendly packaging. This forces brands to shift away from plastic, which further nudges them to look into glass as an alternative.
Demand from consumers for sustainable solutions in packaging increases is the primary driver for the UAE Glass Packaging Market. As consumers have started to be more conscious of green-friendly products and brands that care about their usage of green materials, glass forms a perfect choice since it is recyclable and inert.
Despite the numerous benefits that come with the market, there are particular cost and logistical issues regarding their production. In this situation, glass products require a gentle handling to avoid breaking during transport, thus resulting in a higher shipping cost as compared to other materials of packaging.
New opportunities for growth are emerging with the development of new lightweight designs for glass production and advances in shaping technologies. Increasing e-commerce is driving strong and attractive packaging to maintain constant growth and, in turn, ensure market expansion.
The UAE glass packaging market is expected to grow at 4.8% CAGR from 2024 to 2028. The market stands at around USD 1.5 billion in 2023, driven by increasing demand from the beverage, food, and pharmaceutical sectors for glass packages.
The market is expected to increase to USD 1.9 billion by 2028, and the growth can be backed by the trend of sustainability and premium packaging. The growth will continue as companies continue to innovate and adapt to change in consumer preferences.
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The UAE glass packaging market could be characterised by a level of competition. There are quite several key market players that have dominated the market. Among such companies include Ardagh Group, O-I Glass, and Verallia. These companies rely on this technology and experience to bring them out ahead in their respective markets.
Local manufacturers are also advancing in the market, ensuring that a product addresses local and regional needs in the UAE. In this case, local presence helps focus products and will meet requirements better in terms of culture and regulations.
Sustainability is growing to become a significant differentiator in today’s competitive environment. Several companies have begun making recycled glass and following environmentally friendly practices. This will help the company to not only cater to the expectations of the consumer but also abide by government programs and policies of reducing the usage of plastics.
Manufacturers and industries selling to the consumer are now beginning to pool partnerships. The alliance encourages innovation and keeps one ahead of market trends and the expectation of the consumer.