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

Post Time:Oct 15,2013Classify:Industry NewsView:340

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.”

Over the five years through 2013-14, industry revenue is projected to decline at an annualised 3.6%. “This corresponds with the deterioration of demand for flat-glass products in the housing and commercial building markets and reduced production of bottles for alcoholic beverages due to the high Australian dollar and weaker household spending on alcohol,” says Kelly. The industry is moderately concentrated, with four major players – Owens-Illinois (Australia) Pty Limited, Amcor Ltd, SMR Automotive Australia Pty Limited and CSR Limited.

Industry employment is projected to total 5,200 people in 795 establishments in 2013-14. Employment has steadily trended downwards since the late 2000s due to improvements in productive efficiencies and some plant rationalisation, notably in the automotive glass and wired glass segments. Over the next five years, the improved demand for flat-glass products in the housing and commercial building markets coupled with a return to normal household spending on alcohol, is projected to support a stronger performance by both sides of the Glass and Glass Product Manufacturing industry.

For more information, visit IBISWorld’s Glass and Glass Product Manufacturing report in Australia industry page.

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IBISWorld industry Report Key Topics

The Glass and Glass Product Manufacturing industry consists of companies that manufacture glass or glass products.

Industry Performance

Executive Summary

Key External Drivers

Current Performance

Industry Outlook

Industry Life Cycle

Products & Markets

Supply Chain

Products & Services

Major Markets

International Trade

Business Locations

Competitive Landscape

Market Share Concentration

Key Success Factors

Cost Structure Benchmarks

Basis of Competition

Barriers to Entry

Industry Globalisation

Major Companies

Operating Conditions

Capital Intensity

Technology & Systems

Revenue Volatility

Regulation & Policy

Industry Assistance

Key Statistics

Industry Data

Annual Change

Key Ratios

About IBISWorld Inc.

Recognised as the nation’s most trusted independent source of industry and market research, IBISWorld offers a comprehensive database of unique information and analysis on every Australian industry. With an extensive online portfolio, valued for its depth and scope, the company equips clients with the insight necessary to make better business decisions. Headquartered in Melbourne, IBISWorld serves a range of business, professional service and government organisations through more than 10 locations worldwide. For more information, visit http://www.ibisworld.com.au or call (03) 9655 3886.

Source: http://www.prweb.com/releases/2013/10/prweb1122704Author: shangyi

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