PUBLISHER: The Business Research Company | PRODUCT CODE: 1675522
PUBLISHER: The Business Research Company | PRODUCT CODE: 1675522
Glass manufacturing involves a five-stage process within a manufacturing facility. These stages encompass the collection of raw materials, batch preparation, melting in a furnace, fabrication, and annealing.
The primary product categories are container glass, flat glass, fiber glass, and others. Container glass, which is heat-resistant, encompasses pyrex, lead-based glass such as crystal, and TV tubes. This type of glass is utilized in the production of containers such as bottles, drinkware, jars, and bowls. Glass manufacturing finds applications in various industries, including packaging, construction, transportation, electrical and electronics, telecommunication, and others.
The glass manufacturing market research report is one of a series of new reports from The Business Research Company that provides glass manufacturing market statistics, including glass manufacturing industry global market size, regional shares, competitors with an glass manufacturing market share, detailed glass manufacturing market segments, market trends and opportunities, and any further data you may need to thrive in the glass manufacturing industry. This glass manufacturing market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The glass manufacturing market size has grown strongly in recent years. It will grow from $178.58 billion in 2024 to $187.58 billion in 2025 at a compound annual growth rate (CAGR) of 5.0%. The growth in the historic period can be attributed to rise of glass recycling, cultural and decorative trends, innovations in insulation and energy efficiency, health and safety regulations, glass in electronics and displays.
The glass manufacturing market size is expected to see strong growth in the next few years. It will grow to $238.3 billion in 2029 at a compound annual growth rate (CAGR) of 6.2%. The growth in the forecast period can be attributed to smart glass evolution, energy efficiency and green materials, urbanization and infrastructure development, electronics and displays market expansion, advancements in automotive glass. Major trends in the forecast period include consumer preferences and decor trends, rise in automotive sector, customization and design flexibility, urbanization and infrastructure growth, electronics and display industry demand.
The glass manufacturing market is poised for growth, driven by the increasing demand for consumer electronics and substantial investments in infrastructure development. The digital revolution has led to a surge in the use of electronic devices, contributing to the demand for glass. Factors such as a growing middle-class population, rising disposable incomes, and falling electronics prices further contribute to market growth. In India, the consumer electronics and appliances industry is expected to more than double to $21.18 billion by 2025, as reported in April 2022. Additionally, India is projected to be the third-largest construction market by 2022. Hence, the combination of consumer electronics demand and infrastructure investments is propelling the glass manufacturing market.
The glass manufacturing market is poised for growth due to the expanding construction industry. Glass is an essential material in construction, supporting functional and aesthetic design, fostering innovation, and contributing to a complex ecosystem. In October 2023, U.S. construction spending reached a seasonally adjusted annual rate of $2,027.1 billion, indicating a 0.6% increase from the revised September estimate. This 10.7% year-over-year growth highlights the significant role of the growing construction industry in driving the glass manufacturing market.
Leading companies in the glass manufacturing market are concentrating on the development of glass tubing to improve product safety and reliability in pharmaceutical applications. Glass tubing is a hollow cylindrical piece of glass utilized for various purposes, including medical, scientific, and industrial applications, often functioning as containers or conduits for fluids and gases. For example, in October 2023, SCHOTT, a manufacturing company based in Germany, introduced FIOLAX(R) Pro glass tubing, which features enhanced chemical resistance and superior mechanical properties, making it ideal for critical applications in drug storage and handling. This innovation aims to satisfy the stringent requirements of the pharmaceutical industry, ensuring that the glass can endure various sterilization processes while maintaining the integrity of its contents. The focus on high-quality glass tubing is driven by the demand for secure packaging solutions that safeguard sensitive medications and preserve their integrity throughout the supply chain.
Major companies are intensifying their focus on introducing innovative products, such as glass tubing, to gain a competitive edge. Glass tubing, a long, hollow cylinder made from various types of glass, offers unique properties. For instance, in October 2023, SCHOTT AG, a Germany-based glass manufacturing company, introduced FIOLAX Pro glass tubing. This innovative Type I borosilicate glass, part of SCHOTT's FIOLAX Special Glass Tubes for Pharmaceutical Packaging line, is chemically resistant, arsenic-free, and clear, making it suitable for primary pharmaceutical packaging applications.
In August 2023, Kandil Glass, an Egypt-based packaging company, acquired Cleopatra Glass Factory for an undisclosed amount. With this acquisition, Kandil Glass aims to expand its production capacity. Cleopatra Glass Factory is an Egypt-based company producing glass products.
Major companies operating in the glass manufacturing market include Pilkington Group Limited, Saint Gobain, ThermoFisher Scientific, Nippon Sheet Glass, PPG Industries, Corning Incorporated, O-I Glass, Smart Glass Country, Fuyao Glass Industry Group, Schott AG, Vitro, Pella Corp., Libbey Inc., Anchor Glass Container Corporation, China Glass Holdings, Viracon, Borosil Glass Works Ltd., Sichuan Shubo Group, Cornwall Glass, Gardner Glass Products, Guardian Glass LLC, Fenton Art Glass Company, MCGRORY GLASS INC., Nathan Allan Glass Studios Inc., Pegasus Glassworks Inc., Technical Glass Products Inc., Beijing Glass Group, Wuhan Changli Glass
Asia-Pacific was the largest region in the glass manufacturing market in 2024. The regions covered in the glass manufacturing market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the glass manufacturing market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The glass manufacturing market includes revenues earned by entities by manufacturing annealed glass, heat strengthened glass, tempered or toughened glass, and laminated glass. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Glass Manufacturing Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on glass manufacturing market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for glass manufacturing ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The glass manufacturing market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.