Industry Analysis & Industry Trends
Over the past five years, the Glass Product Manufacturing industry has declined as both consumers and businesses turned away from the use of domestic glass. Substitute goods, such as plastics and metals, have become increasingly popular, while faltering construction levels have exacerbated declines in demand as manufacturers of architectural glass experienced plummeting sales. Over the five years to 2021, industry revenue forecast to fall as international competition intensifies and constrains industry growth... purchase to read more
Industry Report - Starting a New Business Chapter
The industry exhibits moderate barriers to entry. This includes the large amount of capital investment required to begin operations as a manufacturer. Furthermore, firms will need to build distribution networks that can ensure a steady source of demand and income.
The production of glass products involves a number of stations and different capital equipment. This creates a barrier to potential entrants to the industry as companies will need to invest in plants to house operations, furnaces and forming tools to create glass products... purchase to read more