China Glass Manufacturing Market Size & Outlook, 2021-2030
China glass manufacturing market, 2018-2030 (US$M)
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China glass manufacturing market highlights
- The China glass manufacturing market generated a revenue of USD 25,022.8 million in 2021 and is expected to reach USD 42,313.2 million by 2030.
- The China market is expected to grow at a CAGR of 6% 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.
Glass manufacturing market data book summary
| Market revenue in 2021 | USD 25,022.8 million |
| Market revenue in 2030 | USD 42,313.2 million |
| Growth rate | 6% (CAGR from 2021 to 2030) |
| Largest segment | Container glass |
| Fastest growing segment | Fiber Glass |
| Historical data | 2018 - 2020 |
| Base year | 2021 |
| Forecast period | 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, China accounted for 23.5% of the global glass manufacturing market in 2021.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China glass manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 2,810.4 million by 2030.
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Glass Manufacturing Market Scope
Glass Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 46.11% in 2021. Horizon Databook has segmented the China glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
China accounted for the highest share of the Asia Pacific glass market in 2021; it is a leading manufacturer of glass in the world. The domestic demand and exports of packaging food and pharmaceuticals, presence of large-scale automobile plants, investments in renewable energy, and growing production of electronic products are augmenting the demand for glass in the country.
The COVID-19 outbreak has increased the demand for packaged food in China. In December 2021, the Chinese government announced its five-year plan, where the country has set out self-sufficiency targets. This includes 85% self-sufficiency for mutton and beef and 70% for dairy. This is anticipated to increase the need for proper processing and packaging, including glass packaging solutions.
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Target buyers of China 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 country-level data and insights on the China glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into China glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China glass manufacturing market size, by material, 2018-2030 (US$M)
China Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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