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SELBYVILLE, Del., May 24, 2021 /PRNewswire/ Based on Global Market Insights Inc., report, the global Glass Manufacturing Market was estimated at $228.7 billion in 2020 and is slated to exceed
$329.4 billion by 2027, registering a
CAGR of 4.1% from 2021 to 2027. The report provides a thorough analysis of the main investment avenues, major winning strategies, drivers and opportunities, wavering industry trends, market estimations as well as size, competitive scenarios.
Global Market Insights Inc.
Container glass is analyzed to be a growth propellant for the glass manufacturing industry and is set to present a potential growth outlook in the future. The food sector also represents a substantial share primarily owing to large-scale processed food production and consumption. A rise in the number of breweries is also analyzed to be a contributing factor driving the container glass industry across the globe.
Welcome to the 31st China Glass Exhibition in Shanghai
As one of the world two largest professional exhibitions among global glass industries, China Glass 2021 will adhere to the organization principles of “professionalization, internationalization and expansion” to display the comprehensive and innovative development achievements of the global glass industry.
Overall production of the Chinese glass industry in 2020 maintained positive growth. The total annual output of flat glass increased by 1.3 percent year on year, while the revenue and profit of the industry were 92.6 billion CNY and 13 billion CNY, which increased 39 percent year on year. For processed glasses, the accumulative output of toughened glass, laminated glass and insulating glass was up respectively to 530 million square metres, 110 million square metres and 150 million square metres in 2020.
Welcome to the 31st China Glass Exhibition in Shanghai
As one of the world two largest professional exhibitions among global glass industries, China Glass 2021 will adhere to the organization principles of “professionalization, internationalization and expansion” to display the comprehensive and innovative development achievements of the global glass industry.
Overall production of the Chinese glass industry in 2020 maintained positive growth. The total annual output of flat glass increased by 1.3 percent year on year, while the revenue and profit of the industry were 92.6 billion CNY and 13 billion CNY, which increased 39 percent year on year. For processed glasses, the accumulative output of toughened glass, laminated glass and insulating glass was up respectively to 530 million square metres, 110 million square metres and 150 million square metres in 2020.
Flat Glass Market is reflective of a CAGR of 5 5% in terms of value during the eight year forecast period 2017 – 2025 – KSU ksusentinel.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ksusentinel.com Daily Mail and Mail on Sunday newspapers.