Market revenue in 2021 | USD 2,371.8 million |
Market revenue in 2030 | USD 3,212.3 million |
Growth rate | 3.4% (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 |
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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 47.63% in 2021. Horizon Databook has segmented the UK glass manufacturing market based on container glass, flat glass, fiber glass covering the revenue growth of each sub-segment from 2018 to 2030.
The country’s economy shrank by 0.1% in March 2022 owing to subsequent supply chain challenges, energy price hikes, compounded inflation, and Russia’s war on Ukraine. The government of the UK is trying to boost its economic growth by investing significantly in various industries such as construction & infrastructure, energy, transportation, and tourism.
The country is heavily investing in expanding its electricity production capacity from renewable energy sources and intends to achieve two-thirds of its electricity needs from renewable energy sources by 2030.
Investments in new affordable houses, coupled with renovation of existing ones, are anticipated to augment the demand for glass in the country. For instance, in August 2021, the government allocated funds worth GBP 8.6 billion under the affordable homes program to provide affordable homes to people.
Horizon Databook provides a detailed overview of country-level data and insights on the UK glass manufacturing market , including forecasts for subscribers. This country databook contains high-level insights into UK glass manufacturing market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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