North America Glass Manufacturing Market Size & Outlook
North America glass manufacturing market, 2018-2030 (US$M)
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North America glass manufacturing market highlights
- The North America glass manufacturing market generated a revenue of USD 28,102.3 million in 2021.
- The market is expected to grow at a CAGR of 5.3% 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, Mexico is expected to register the highest CAGR from 2022 to 2030.
North America data book summary
| Market revenue in 2021 | USD 28,102.3 million |
| Market revenue in 2030 | USD 44,831.2 million |
| Growth rate | 5.3% (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, North America region accounted for 26.4% 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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North America 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 47.99% in 2021. Horizon Databook has segmented the North America glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
The North American glass manufacturing market is expected to grow with the increasing investments in construction, food & beverage, pharmaceutical, and automotive industries over the forecast period. For instance, in April 2022, the government of Canada allocated USD 4 billion in its Budget 2022 to launch the “Housing Accelerator Fund” for building 100,000 affordable homes over the next five years.
In January 2022, Eli Lilly and Company, a pharmaceutical company, decided to invest over USD 1 billion in setting up a new manufacturing facility for parenteral devices and products in North Carolina, U.S. Thus, rising investments in pharmaceutical sector are anticipated to boost the demand for glass in the North American region over the forecast period.
Furthermore, in October 2021, Diageo, a global leader in alcohol production, decided to invest USD 500 million in the construction of a new production plant in Jalisco, Mexico. The rising production of beverages in the region is projected to further boost the demand for container glass in North America over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America glass manufacturing market , including forecasts for subscribers. This continent databook contains high-level insights into North America glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America glass manufacturing market size, by country, 2018-2030 (US$M)
North America Glass Manufacturing Market Outlook Share, 2021 & 2030 (US$M)
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