Asia Pacific Glass Manufacturing Market Size & Outlook
Asia Pacific glass manufacturing market, 2018-2030 (US$M)
Related Markets
Asia Pacific glass manufacturing market highlights
- The Asia Pacific glass manufacturing market generated a revenue of USD 43,025.2 million in 2021.
- The market is expected to grow at a CAGR of 6.2% from 2022 to 2030.
- In terms of segment, container glass was the largest revenue generating material in 2021.
- Fiber Glass is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 43,025.2 million |
| Market revenue in 2030 | USD 73,827.7 million |
| Growth rate | 6.2% (CAGR from 2021 to 2030) |
| Largest segment | Container glass |
| Fastest growing segment | Fiber Glass |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Container Glass, Flat Glass, Fiber Glass |
| Key market players worldwide | AGC Inc, Fuyao Glass Industry Group Co Ltd ADR, Compagnie de Saint-Gobain SA, O-I Glass Inc, Vitro SAB de CV Class A, Luck Oka film Pharmaceutical, Nihon Yamamura Glass, Guardian Glass Services, AGI glaspac, 3B Fiberglass |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 40.4% of the global glass manufacturing market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 73,827.7 million by 2030.
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Glass Manufacturing Market Scope
Glass Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific glass manufacturing market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to glass manufacturing market will help companies and investors design strategic landscapes.
Container glass was the largest segment with a revenue share of 45.11% in 2021. Horizon Databook has segmented the Asia Pacific glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is the largest consumer and manufacturer of glass in the world. Increasing requirements across various industries, such as infrastructure & construction, packaging, automotive & transportation, energy, and electronics, are anticipated to further augment market growth over the forecast period.
Furthermore, Asia Pacific countries are aiming to reduce their carbon emissions by shifting their focus toward solar energy. For instance, in October 2021, Bangladesh government set an ambitious target to generate 2,277 MW of energy from solar by 2030. Similarly, Singapore set a target to generate 2 GW of energy from solar by 2030.
The rising consumption of packaged food & beverages and increasing investments for setting up recycling plants are propelling glass market growth in Asia Pacific. Packaged beverages are in great demand; companies engaged in beverage production witnessed tremendous growth in 2021. Also, the increasing demand for pharmaceuticals has improved the demand for pharmaceutical packaging.
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Target buyers of Asia Pacific glass manufacturing market databook
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Our clientele includes a mix of glass manufacturing market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific glass manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific glass manufacturing market size, by country, 2018-2030 (US$M)
Asia Pacific Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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