Indonesia Glass Packaging Market size is anticipated to grow at a CAGR of 6.3% during 2024-2030

Cullet segment by Raw Materials held the highest revenue share in Indonesia Glass Packaging Market -6Wresearch

Cullet has gained the highest market share in Indonesia's glass packaging market due to its cost-effectiveness and environmental benefits. Its use reduces energy consumption, lowers production costs, and minimizes waste, aligning with the growing demand for sustainable practices. This makes cullet an attractive raw material in glass manufacturing.

According to 6Wresearch, Indonesia Glass Packaging Market size is anticipated to grow at a CAGR of 6.3% during 2024-2030. The Indonesia Glass Packaging Market has grown significantly in recent years, driven by increasing demand for sustainable packaging, regulatory policies, and the rising popularity of beauty products. The cosmetic sector in Indonesia is growing at a 5% CAGR and is expected to reach USD $5.5 billion by 2028, boosting the demand for glass packaging as it is seen as a premium choice for preserving product quality. Additionally, government initiatives, particularly those focused on promoting a circular economy, are encouraging the adoption of glass packaging. These policies support the reduction of waste and environmental impact, leading companies to favour glass packaging as a more sustainable and eco-friendly option.

According to Parth, Senior Research Analyst, 6Wresearch, Alcoholic beverage have gained the highest market share in Indonesia's glass packaging market due to consumer preference for premium packaging that enhances product appeal. Glass bottles, known for preserving taste and quality, are widely used for beverages like beer, spirits, and wine, driving significant demand in this segment.

Indonesia Glass Packaging Market (2024-2030) report provides an in-depth analysis with 22 figures and 7 tables, covered in 73 pages. The report thoroughly covers market by Glass Type, Jar Size, Raw Materials and Applications. Indonesia Glass Packaging Market outlook report provides an unbiased and detailed analysis of the on-going Indonesia Glass Packaging 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.