Industry Analysis & Industry Trends
Domestic glass manufacturers will continue to feel the pressure from substitute products replacing glass in many functions, particularly for food packaging. Furthermore, despite economic recovery, demand for glass used in automobiles will be limited by strong import competition in the next five years. On the bright side, a rebound in the residential housing market will boost demand for glass products used in windows, doors and furniture... purchase to read more
Industry Report - Starting a New Business Chapter
The industry has high barriers to the entry. The principal barriers to entry into the main industry segments are dominance of the existing vertically and horizontally integrated producers and the high sunk costs required to compete for a market share.
Existing producers generally have an established distribution network and long-term supply arrangements with the key users in each market segment. New entrants would have to convince potential customers of their product quality and supply capabilities in order to be invited to compete in terms of price.
The industry is in a mature stage of development and is unlikely to record growth above that of the US general economy... purchase to read more