The forecast data indicates a steady decline in the UK’s import of glass containers for beverages and foodstuffs from 2024 to 2028. In 2023, the import volume stood at 85 million items. From 2024, we see a year-on-year decrease in volumes: 3.80% in 2025, 3.86% in 2026, 3.92% in 2027, and 4.01% in 2028. Over this five-year period, the compound annual growth rate (CAGR) shows an average annual decrease of approximately 4.18%.
Future trends to watch for include:
- The potential impact of environmental policies on reducing glass usage.
- Increased investments in domestic glass manufacturing reducing import demand.
- Technological advancements offering alternative packaging solutions.
