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Glass and Glass Product Manufacturing in Australia Industry Market Research Report Now Updated by IBISWorld

Post Time:Oct 16,2013Classify:Industry NewsView:67

The Glass and Glass Product Manufacturing industry in Australia services two key markets: the glass container market and the flat-glass market (including fabricated glass products).  

The domestic market is expected to total $3.2 billion in 2013-14, with imports capturing about 18.7% of the market and export earnings contributing 3.0% of industry revenue. The industry is projected to generate revenue of $2.7 billion in 2013-14, representing modest growth by 1.9% over 2013-14, stemming from the upswing in housing construction and particularly new apartment developments. According to IBISWorld industry analyst Anthony Kelly, “demand from wine and beer bottling is expected to remain subdued during 2013-14, reflecting the sluggish pace of general economic growth and household spending.”

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Source: http://www.glassonweb.com/news/index/20472/Author:

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