Market Size of Denmark Container Glass Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | 2.80 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Denmark Container Glass Market Analysis
Denmark's container glass market is expected to register a CAGR of 2.8% during the forecast period of 2022-2027. Rising consumer demand for safe and healthier packaging in food categories and the rising demand from the food & beverage industry, followed by the pharmaceutical industry, is stimulating the market's growth.
- The demand for container glasses is majorly driven by the beverage industry, particularly the alcoholic beverage segment, where spirit, wine, and other alcoholic beverages account for a significant market share. In addition, the packaging of non-alcoholic beverages is preferred container glass due to several benefits. For instance, according to Statistics Netherlands, the volume of spirits sold in Denmark increased by 17.8% in 2021 compared to 2020.
- Being 100% recyclable material, container glass is being utilized as an effective and eco-friendly solution by different industry verticals in their applications which is likely to increase the demand over the projected period.
- The availability of container glass substitutes is restricting the market's growth. Such as plastic, which is lighter in weight than bulky glass, these items are gaining popularity among manufacturers. Further, the carbon footprint from glass manufacturing with more energy consumption will likely restrain the market's growth.
- Furthermore, the key players of the beverage industry in the country are opting for sustainable alternative solutions to container glass which could further restrict the market growth. For instance, in June 2022, Danish brewer Carlsberg announced plans to trial the performance of 8,000 fiber-based beer bottles to reduce carbon emissions and improve recyclability.
- The Covid-19 pandemic has adversely impacted the container glass market as the production process was disturbed due to the restrictions that created a shortage of raw materials and decreased sales of different products from the food & beverage and cosmetics industries.
Denmark Container Glass Industry Segmentation
Glass Containers refer to clean bottles and jars, among others products type made from clear glass. The scope excludes windows and other non-container glass, porcelain and ceramic products.
Denmark Container Glass Market is segmented By End-user Industry (Beverage, Food, Cosmetics, Pharmaceutical).
| End-user Industry | ||||
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| Food | ||||
| Cosmetics | ||||
| Pharmaceuticals | ||||
| Other End user verticals |
Denmark Container Glass Market Size Summary
The container glass market in Denmark is poised for steady growth, driven primarily by the increasing demand from the food and beverage sector, particularly the alcoholic beverage segment. The market benefits from the eco-friendly and recyclable nature of container glass, making it a preferred choice for packaging in various industries. However, the market faces challenges from the availability of substitutes like plastic, which offer lighter and more convenient options for manufacturers. Additionally, the carbon footprint associated with glass production and the energy-intensive manufacturing process pose constraints on market expansion. The COVID-19 pandemic further impacted the market by disrupting production and causing shortages in raw materials, which affected sales across the food, beverage, and cosmetics industries.
Denmark's robust food processing sector, supported by major companies and global leaders in food ingredients and seafood production, contributes to the market's growth. Government initiatives and investments in climate-friendly food products are expected to bolster demand for container glass. The pharmaceutical industry also presents opportunities for market expansion, with significant investments in manufacturing capabilities and research attracting international partnerships. The market is consolidated, with a few major players dominating through strategic collaborations and product innovations. Despite challenges, the rising demand for container glass in the food and beverage sector, coupled with investments in sustainable packaging solutions, indicates a positive outlook for the market in the coming years.
Denmark Container Glass Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Industry Value Chain Analysis
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1.3 Industry Attractiveness - Porter's Five Forces Analysis
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1.3.1 Bargaining Power of Suppliers
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1.3.2 Bargaining Power of Consumers
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1.3.3 Threat of New Entrants
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1.3.4 Intensity of Competitive Rivalry
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1.3.5 Threat of Substitutes
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1.4 COVID-19 Impact on the Market
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2. MARKET SEGMENTATION
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2.1 End-user Industry
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2.1.1 Beverage
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2.1.1.1 Alcoholic
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2.1.1.2 Non-Alcoholic
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2.1.2 Food
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2.1.3 Cosmetics
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2.1.4 Pharmaceuticals
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2.1.5 Other End user verticals
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Denmark Container Glass Market Size FAQs
What is the current Denmark Container Glass Market size?
The Denmark Container Glass Market is projected to register a CAGR of 2.80% during the forecast period (2024-2029)
Who are the key players in Denmark Container Glass Market?
Ardagh Glass Holmegaard A/S (Ardagh Group S.A.), Berlin Packaging Denmark A/S, Gerresheimer Vaerloese A/S, ABA Packaging Corporation and Vetropack Group are the major companies operating in the Denmark Container Glass Market.
