Industry Analysis & Industry Trends
Over the past five years, the Glass Product Manufacturing industry has declined as both consumers and businesses have turned away from the use of domestic glass. Substitute goods, such as plastics and metals, have become increasingly popular, and faltering construction levels have exacerbated declines in demand as manufacturers of architectural glass experienced plummeting sales. Over the five years to 2019, industry revenue forecast to fall further as international competition intensifies and diminishes industry growth... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Glass Product Manufacturing industry exhibits a low level of concentration. In 2014, the four largest players are estimated to account for 34.4% of total revenue. The wide range of available glass products, which ranges from flat glass and other types marketed towards construction companies to glass jars and other containers for a variety of uses, results in operators generally focusing on one area and specializing. The largest industry player in 2014 is Owens-Illinois, who are estimated to account for 17.4% of total industry revenue alone.
The majority of industry operators are employers, with an estimated 64.2% of establishments in the industry hiring at least one staff member... purchase to read more