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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 | Mar 2017

Glass half empty: Foreign competition and product substitution will fuel the industry's decline

IBISWorld’s Glass Product Manufacturing market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$1bn
Annual Growth 12-17
-3.5%
Annual Growth 17-22
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Profit
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Employment
6,383
Businesses
432
Industry Analysis & Industry Trends

Over the five years to 2017, the Glass Product Manufacturing industry in Canada declined as both consumers and businesses increasingly turned away from the use of domestic glass. Overall, industry revenue has declined over the past five years. Falling industry profitability and the rising prominence of imported goods have encouraged many companies to exit the industry entirely. Furthermore, major companies have consolidated their operations. As a result, the number of industry enterprises has declined steadily over the period. The industry will continue to face challenges and contraction. IBISWorld expects revenue to decline over the five years to 2022... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Glass Product Manufacturing industry in Canada 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 five years to 2017, 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 grow slightly at an annualized rate of 0.2% over the 10 years to 2022. Thi.. 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 containersGlass product manufacturing (from purchased glass)Pressed or blown glass productsFlat glass
 
Industry Activities
GlassGlass product (from purchased glass)


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