Glass and Glass Product Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld

The Glass and Glass Product Manufacturing industry is set to return to growth after a difficult five years. For this reason, industry research firm IBISWorld has updated its report on the Glass and Glass Product Manufacturing industry in Australia.

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IBISWorld Market Research

IBISWorld Market Research

Improved demand for flat-glass products in building markets is projected to support a stronger performance by both sides of the industry.

Melbourne, Australia (PRWEB) October 15, 2013

The Glass and Glass Product Manufacturing industry in Australia services two key markets: the glass container market and the flat-glass market (including fabricated glass products). The domestic market is expected to total $3.2 billion in 2013-14, with imports capturing about 18.7% of the market and export earnings contributing 3.0% of industry revenue. The industry is projected to generate revenue of $2.7 billion in 2013-14, representing modest growth by 1.9% over 2013-14, stemming from the upswing in housing construction and particularly new apartment developments. According to IBISWorld industry analyst Anthony Kelly, “demand from wine and beer bottling is expected to remain subdued during 2013-14, reflecting the sluggish pace of general economic growth and household spending.”

Over the five years through 2013-14, industry revenue is projected to decline at an annualised 3.6%. “This corresponds with the deterioration of demand for flat-glass products in the housing and commercial building markets and reduced production of bottles for alcoholic beverages due to the high Australian dollar and weaker household spending on alcohol,” says Kelly. The industry is moderately concentrated, with four major players – Owens-Illinois (Australia) Pty Limited, Amcor Ltd, SMR Automotive Australia Pty Limited and CSR Limited.

Industry employment is projected to total 5,200 people in 795 establishments in 2013-14. Employment has steadily trended downwards since the late 2000s due to improvements in productive efficiencies and some plant rationalisation, notably in the automotive glass and wired glass segments. Over the next five years, the improved demand for flat-glass products in the housing and commercial building markets coupled with a return to normal household spending on alcohol, is projected to support a stronger performance by both sides of the Glass and Glass Product Manufacturing industry.

For more information, visit IBISWorld’s Glass and Glass Product Manufacturing report in Australia industry page.

Follow IBISWorld on Twitter: http://twitter.com/#!/ibisworldau

IBISWorld industry Report Key Topics

The Glass and Glass Product Manufacturing industry consists of companies that manufacture glass or glass products.

Industry Performance
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle
Products & Markets
Supply Chain
Products & Services
Major Markets
International Trade
Business Locations
Competitive Landscape
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalisation
Major Companies
Operating Conditions
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance
Key Statistics
Industry Data
Annual Change
Key Ratios

About IBISWorld Inc.
Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.


Contact

  • Gavin Smith
    IBISWorld
    +61 396553838
    Email