Europe Glass Manufacturing Market Size & Outlook
Europe glass manufacturing market, 2018-2030 (US$M)
Related Markets
Europe glass manufacturing market highlights
- The Europe glass manufacturing market generated a revenue of USD 27,293.2 million in 2021.
- The market is expected to grow at a CAGR of 3.2% 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, Italy is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 27,293.2 million |
| Market revenue in 2030 | USD 36,306.7 million |
| Growth rate | 3.2% (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, Europe region accounted for 25.6% 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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Europe 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 52.98% in 2021. Horizon Databook has segmented the Europe glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
Ever since 2020, Europe has been dealing with adverse effects of the COVID-19 and the energy crisis due to the Russia-Ukraine conflict. Due to the various environmental regulations in place, all industries have been emphasizing on cutting down their carbon emissions.
The European Union (EU) is focusing on constructing energy-efficient buildings to achieve a net-zero target by 2050 owing to which it has laid many regulations and laws. Buildings in the European region are collectively responsible for 36% of greenhouse gas emissions and 40% of the total energy consumption.
Special glasses such as low-E coated glass help in reducing energy consumption, thus, growing significance toward achieving zero emissions by 2050 is anticipated to augment the demand for glass and increase emphasis on sustainable manufacturing practices in the region over the forecast period.
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Our clientele includes a mix of glass manufacturing market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe glass manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into Europe glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe glass manufacturing market size, by country, 2018-2030 (US$M)
Europe Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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