Industry Analysis & Industry Trends
Glass products are used in a variety of applications across the construction, manufacturing, agriculture, automotive, telecommunications, hospitality and household markets. The industry's four main product categories include flat glass, pressed or blown glass, glass containers and products made from purchased glass. Over the five years to 2016, industry revenue is expected to increase modestly. This recent growth reflects a continued rebound from recessionary lows, as renewed construction activity and consumer spending led to an accelerated increase in demand for glass products. Over the five years to 2021, revenue is also expected to as downstream building markets continue to recover and demand for automotive glass products strengthens... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Glass Product Manufacturing industry has a low-to-moderate level of concentration. Over the past decade, concentration has increased, due to industry restructuring and merger activity. In addition, multiple smaller companies exited or were acquired by larger companies during the economic crisis. The four largest industry players, according to IBISWorld estimates account for just over 22.0% of industry revenue in 2016.
In the five years to 2016, the total number of industry manufacturers is projected to increase at an annualized rate of 0.3%, from 4,496 enterprises in 2011 to 4,573 enterprises in 2016... purchase to read more