Market Forecast By Product (Crushed Glass, Cullets, Glass Powder), By Application (Glass Bottle & Containers, Flat Glass, Fiber Glass, Highway Beads, Abrasives, Fillers, Others) And Competitive Landscape
Product Code: ETC355709 | Publication Date: Aug 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Philippines Recycled Glass Market report thoroughly covers the market by product and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Philippines Recycled Glass Market is a promising industry and the growth is driven by increased awareness of environmental issues, government policies supporting eco-friendly practices and the creation of jobs in the recycling industry.
According to 6Wresearch, the Philippines Recycled Glass Market size is projected to grow at a CAGR of 6.9% during the forecast period of 2025-2031. The market is driven by growing awareness amongst consumers about the negative impact of glass waste on the environment. Many companies are actively promoting the use of recycled glass products to tap into this growing demand for sustainable options. Moreover, one trend that is becoming more prevalent in the Philippines recycled glass industry is the use of colored glass and mixed waste glass. Colored glass is often used by the cosmetics industry for packaging, while mixed waste glass is becoming increasingly popular in the construction industry for decorative purposes. Additionally, companies are now exploring the possibilities of using glass waste for energy generation and this has opened new opportunities in the market.
Despite the growth in the market and the opportunities it presents, there are still some challenges that need to be addressed. One major challenge is the lack of infrastructure and technology required to recycle glass effectively. Another challenge is the logistics involved in collecting the glass waste, processing it, and recycling it. To overcome these challenges, the government and private sector need to work together to invest in the necessary infrastructure and technology.
The government of the Philippines has made efforts towards supporting the growth of the recycled glass market, by introducing policies to promote sustainability. The Department of Environment and Natural Resources (DENR) has launched a campaign to boost waste reduction among businesses, and with it, an incentive system to encourage companies to recycle their waste. The campaign aims to decrease the waste going to landfills and support the development of recycling industries. The government has also put in place a Glass Container Recycling Act in 2019 to mandate beverage manufacturers to use recycled glass in their products, this is to support the Philippines Recycled Glass Market Growth.
One of the key players in the Philippines Recycled Glass Market is the AGC Flat Glass Phils. Inc., a manufacturer of glass products that uses recycled materials. The company continuously invests in research and development to make use of technology to produce sustainable products. Another player is Islands Glass, which also uses recycled glass in their products. The company works in partnership with waste recovery facilities to receive and process glass cullet from post-consumer glass, utilizing it in their manufacturing process.
According to Mayank, Senior Research Analyst, 6Wresearch, the crushed glass segment has shown significant growth in the past few years and expected to dominate the Philippines Recycled Glass Market Share over the coming years.
By Application, the glass bottle and container market segment account for the largest share of the Philippines recycled glass market. The growth is mainly attributed to the country's increasing demand for sustainable packaging solutions.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Recycled Glass Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Recycled Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Recycled Glass Market - Industry Life Cycle |
3.4 Philippines Recycled Glass Market - Porter's Five Forces |
3.5 Philippines Recycled Glass Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Recycled Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Philippines Recycled Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Recycled Glass Market Trends |
6 Philippines Recycled Glass Market Segmentations |
6.1 Philippines Recycled Glass Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Recycled Glass Market Revenues & Volume, By Crushed Glass, 2021-2031F |
6.1.3 Philippines Recycled Glass Market Revenues & Volume, By Cullets, 2021-2031F |
6.1.4 Philippines Recycled Glass Market Revenues & Volume, By Glass Powder, 2021-2031F |
6.2 Philippines Recycled Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Philippines Recycled Glass Market Revenues & Volume, By Glass Bottle & Containers, 2021-2031F |
6.2.3 Philippines Recycled Glass Market Revenues & Volume, By Flat Glass, 2021-2031F |
6.2.4 Philippines Recycled Glass Market Revenues & Volume, By Fiber Glass, 2021-2031F |
6.2.5 Philippines Recycled Glass Market Revenues & Volume, By Highway Beads, 2021-2031F |
6.2.6 Philippines Recycled Glass Market Revenues & Volume, By Abrasives, 2021-2031F |
6.2.7 Philippines Recycled Glass Market Revenues & Volume, By Fillers, 2021-2031F |
7 Philippines Recycled Glass Market Import-Export Trade Statistics |
7.1 Philippines Recycled Glass Market Export to Major Countries |
7.2 Philippines Recycled Glass Market Imports from Major Countries |
8 Philippines Recycled Glass Market Key Performance Indicators |
9 Philippines Recycled Glass Market - Opportunity Assessment |
9.1 Philippines Recycled Glass Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Recycled Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Philippines Recycled Glass Market - Competitive Landscape |
10.1 Philippines Recycled Glass Market Revenue Share, By Companies, 2024 |
10.2 Philippines Recycled Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |