Industry Analysis & Industry Trends
The Glass and Glass Product Manufacturing industry comprises two key segments: the glass-container segment and the flat glass segment. The glass container segment is dominated by two local firms, Owens-Illinois Australia and Orora Limited, which manufacture bottles and jars for packaging beverages and food products. The dominant local manufacturer in the flat glass segment is Viridian (CSR Limited) and the industry comprises many small to medium scale glass fabrication firms. The industry comprises an estimated 700 enterprises, employing 9,200 people in 2016-17, with 92.5% of businesses employing fewer than 20 people.
Industry revenue is projected to decline marginally at an annualised 0.2% over the five years through 2016-17 to total $3.4... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The industry is in the mature stage of its life cycle. The diverse range of glass applications ensures solid long-term growth prospects for some segments, such as alcoholic beverage packaging and environmentally friendly architectural glass while deteriorating long-term demand conditions are likely to prevail in segments such as flat glass and specialty glass production. However, the industry's long-term performance is threatened by its exposure to product substitution by cardboard and plastic packaging and import penetration is gradually capturing a greater share of domestic demand.
Industry value added (IVA), which measures an industry's contribution to the economy, is projected to increase at an annualised 1.2% over the 10 years through 2021-22... purchase to read more