A new report published by Netherlands’ Rabobank has revealed that the European Union’s (EU) food and beverage glass container packaging industry has become a stable business compared to other packaging materials.

The glass container packaging sector is showing no growth prospect despite witnessing a relatively high margin.

As per the report, the sector is facing a number of increasing challenges, which include the changing scenario in the beer sector and a growing risk from substitute materials.

"All in all, we believe that the outlook for the glass container industry will remain stable, yet challenging going forward."

Entitled ‘Flexible Glass Packaging? The Glass is (still) half full for the European Glass Container Industry’, the report stated that the competitive environment is forcing glass container packaging industry players to adapt in order to survive in the long-term.

Rabobank Global F&A supply chains strategist Susan Hansen said: “All in all, we believe that the outlook for the glass container industry will remain stable, yet challenging going forward.

“Focusing efforts on increasing flexibility and considering innovation as an ongoing process are key. Despite glass bottles / containers being a traditional or preferred packaging material for specific products like beer, spirits, wine or olive oil, there is no guarantee that this will not change in the future.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

The report noted that further consolidation is expected to occur in the EU industry, and that innovation and an adapted product mix are required to handle the challenges faced by the sector.