Glass Product Manufacturing in the US - Industry Market Research Report

Glass Product Manufacturing in the US - Industry Market Research Report

  • April 2018 •
  • 36 pages •
  • Report ID: 184419
Crystal clear: Revenue will grow as downstream industries continue to expand

Abstract

Glass Product Manufacturing in the US
Over the five years to 2018, Glass Product Manufacturing industry revenue is expected to increase. This sustained growth reflects a continued rebound from recessionary lows, as growing construction activity and consumer spending led to an accelerated increase in demand for glass products. Sustained growth in construction activity, increasing new car sales and growing consumer demand for wine, spirits and other perishables that are commonly packaged in glass containers have helped drive industry growth. Additionally, over the five years to 2018, industry operators have used mergers and acquisitions to take advantage of economies of scale in the manufacturing process. Over the five years to 2023, revenue is expected to continue increasing.

Companies in this industry produce a wide range of glass products by melting silica sand or cullet and fabricating purchased glass. The industry includes four segments: flat glass manufacturing, including laminated glass; pressed or blown glass and glassware; glass container manufacturing, including bottles and jars; and product manufacturing from purchased glass, which includes lighting, mirrors, architectural glass and electronic glassware.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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Country=UnitedStates Industry=Glass ParentIndustry=HeavyIndustry Date=201804 Topic=Demand Publisher=Ibisworld Price=1000