Product Code: ETC046150 | Publication Date: Aug 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Vietnam Glass Bottle Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 10.80% in 2025, the market peaks at 12.86% in 2027, and settles at 10.97% by 2029.
The Glass Bottle market in Vietnam is projected to grow at a high growth rate of 12.86% by 2027, within the Asia region led by China, along with other countries like India, Japan, Australia and South Korea, collectively shaping a dynamic and evolving market environment driven by innovation and increasing adoption of emerging technologies.
The Vietnam Glass Bottle Market plays a crucial role in the country`s packaging industry. Glass bottles are widely used for packaging various beverages, including alcoholic and non-alcoholic drinks, as well as pharmaceuticals and cosmetics. The market`s growth is fueled by the thriving beverage sector in Vietnam, driven by changing consumer preferences and a growing middle-class population. Glass bottles are favored for their eco-friendly and recyclable nature, aligning with the increasing focus on sustainability among consumers and businesses. Furthermore, the rising demand for premium and artisanal products, such as craft beer and spirits, has led to a surge in the usage of glass bottles for premium packaging. With the beverage industry`s continued expansion and increasing awareness of eco-friendly packaging solutions, the Vietnam glass bottle market is anticipated to witness steady growth in the coming years.
The Vietnam Glass Bottle Market is driven by several factors, including the thriving beverage industry in the country. The rising consumption of alcoholic and non-alcoholic beverages, coupled with the growing middle-class population, has led to an increased demand for glass bottles as a preferred packaging solution. Glass bottles are favored for their eco-friendly nature, as they are recyclable and reusable, aligning with the increasing focus on sustainability among consumers and businesses. Moreover, the rising trend of premiumization, especially in the alcoholic beverage sector, has further contributed to the demand for high-quality glass bottles for premium packaging. The versatility of glass bottles in packaging various products, including pharmaceuticals and cosmetics, also enhances their market appeal. As the beverage industry continues to expand, the Vietnam glass bottle market is expected to witness continued growth.
The Vietnam Glass Bottle Market faces certain challenges that may affect its growth prospects. One of the significant challenges is the increasing competition from alternative packaging materials, such as plastic and metal containers. Plastic bottles, in particular, are gaining popularity due to their lightweight and cost-effective nature. Manufacturers of glass bottles need to innovate and promote the unique advantages of glass packaging, such as its eco-friendly and recyclable properties, to maintain consumer interest. Additionally, the market may face challenges related to the sourcing and availability of raw materials required for glass bottle production. Fluctuations in raw material prices and supply chain disruptions can impact manufacturing costs and, in turn, product prices. Sustainable sourcing practices and efficient supply chain management are essential to overcome these challenges and sustain the growth of the glass bottle market.
The Vietnam Glass Bottle Market faced challenges during the COVID-19 pandemic as it heavily relied on the beverage and hospitality industries. With restaurants, bars, and hotels experiencing closures and reduced footfall, the demand for glass bottles declined temporarily. However, the market showed resilience as the food and beverage sector adapted to the new normal, emphasizing take-away and delivery services. Moreover, the pharmaceutical industry`s demand for glass bottles for packaging medicines and vaccines witnessed growth during the pandemic. Leading players in this market, such as San Miguel Yamamura Packaging Corporation and others, leveraged their expertise to cater to the emerging demand in the pharmaceutical sector while diversifying their offerings to remain competitive.
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 Vietnam Glass Bottle Market Overview |
3.1 Vietnam Country Macro Economic Indicators |
3.2 Vietnam Glass Bottle Market Revenues & Volume, 2021 & 2031F |
3.3 Vietnam Glass Bottle Market - Industry Life Cycle |
3.4 Vietnam Glass Bottle Market - Porter's Five Forces |
3.5 Vietnam Glass Bottle Market Revenues & Volume Share, By Filament Type, 2021 & 2031F |
3.6 Vietnam Glass Bottle Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Vietnam Glass Bottle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Vietnam Glass Bottle Market Trends |
6 Vietnam Glass Bottle Market, By Types |
6.1 Vietnam Glass Bottle Market, By Filament Type |
6.1.1 Overview and Analysis |
6.1.2 Vietnam Glass Bottle Market Revenues & Volume, By Filament Type, 2021-2031F |
6.1.3 Vietnam Glass Bottle Market Revenues & Volume, By Moulded, 2021-2031F |
6.1.4 Vietnam Glass Bottle Market Revenues & Volume, By Tubular, 2021-2031F |
6.2 Vietnam Glass Bottle Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Vietnam Glass Bottle Market Revenues & Volume, By Beverage, 2021-2031F |
6.2.3 Vietnam Glass Bottle Market Revenues & Volume, By Food, 2021-2031F |
6.2.4 Vietnam Glass Bottle Market Revenues & Volume, By Cosmetics, 2021-2031F |
6.2.5 Vietnam Glass Bottle Market Revenues & Volume, By Pharmaceutical, 2021-2031F |
6.2.6 Vietnam Glass Bottle Market Revenues & Volume, By Other, 2021-2031F |
7 Vietnam Glass Bottle Market Import-Export Trade Statistics |
7.1 Vietnam Glass Bottle Market Export to Major Countries |
7.2 Vietnam Glass Bottle Market Imports from Major Countries |
8 Vietnam Glass Bottle Market Key Performance Indicators |
9 Vietnam Glass Bottle Market - Opportunity Assessment |
9.1 Vietnam Glass Bottle Market Opportunity Assessment, By Filament Type, 2021 & 2031F |
9.2 Vietnam Glass Bottle Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Vietnam Glass Bottle Market - Competitive Landscape |
10.1 Vietnam Glass Bottle Market Revenue Share, By Companies, 2024 |
10.2 Vietnam Glass Bottle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |