Italy Glass Manufacturing Market Size & Outlook, 2021-2030
Italy glass manufacturing market, 2018-2030 (US$M)
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Italy glass manufacturing market highlights
- The Italy glass manufacturing market generated a revenue of USD 3,887.6 million in 2021 and is expected to reach USD 5,336.9 million by 2030.
- The Italy market is expected to grow at a CAGR of 3.6% 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 3,887.6 million |
| Market revenue in 2030 | USD 5,336.9 million |
| Growth rate | 3.6% (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, Italy accounted for 3.7% 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 Europe, Germany glass manufacturing market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 5,336.9 million by 2030.
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Glass Manufacturing Market Scope
Glass Manufacturing Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy 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 54.92% in 2021. Horizon Databook has segmented the Italy glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
Few glass manufacturers are engaged in backward integration across the value chain to offset further challenges as a result of the macroeconomic situation. In February 2022, Sisecam acquired Italian refractory material manufacturer, Refel S.p.A., for an undisclosed amount, in order to strengthen its raw materials supply and avoid disruptions.
In addition, increasing demand for pharmaceutical products has resulted in manufacturers expanding their production capacities. For instance, in August 2021, Catalent, Inc. announced to invest USD 100 million to expand its biologics manufacturing facility in Anagni, Italy. The initial phase of the plan is expected to be operational by 2023.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into Italy glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy glass manufacturing market size, by material, 2018-2030 (US$M)
Italy Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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