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Glass Product Manufacturing in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Glass Product Manufacturing in Canada Market Research Report | NAICS 32721CA | Apr 2015

A glass darkly: Foreign competition and product substitution fuel industry's decline

IBISWorld’s Glass Product Manufacturing market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 10-15
-4.2%
Annual Growth 15-20
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Profit
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Employment
6,142
Businesses
473
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 2020, industry revenue forecast to fall further as international competition intensifies and constrains industry growth... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Glass Product Manufacturing industry is in the declining stage of its economic life cycle. The industry is characterized by declining revenue in a growing economy, a deteriorating number of industry players and falling per capita consumption of industry products. Over the past five years, customers have increasingly moved toward substitute goods, such as plastics and metals, while turning to less expensive imports for glass. Furthermore, construction levels have faltered in the wake of the real estate bubble, reducing demand for glass from construction markets.

Industry value added (IVA), which measures an industry's contribution to the overall economy, is projected to decline an annualized 3.3% over the 10 years through 2020... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Glass Product Manufacturing Industry?

This industry produces a wide range of glasses and glass products by melting silica sand or cullet. These include flat glass, blown glass, glassware, glass containers, mirrors, architectural glass and electronic glassware.

Industry Products
Glass manufacturingGlass product manufacturing (from purchased glass)
 
Industry Activities
GlassGlass product (from purchased glass)


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