Research and Markets has published a report entitled “Germany Glass Industry Outlook 2018 – Growing Demand for Flat Glass to Foster Growth”, which provides a detailed analysis of the glass industry in Germany, including competitive analysis and profiles of all the major players operating in the industry.
Research and Markets’ report entitled “Germany Glass Industry Outlook 2018 – Growing Demand for Flat Glass to Foster Growth” provides a detailed analysis of the glass industry in Germany covering various aspects related to market size in terms of revenue and market segmentation on the basis of major types of glass such as flat glass, container glass, tableware glass, glass fiber, utility and special glass. The report also includes competitive analysis and profiles of all the major players operating in the industry. The future projections are also included in the report to provide an insight of future prospects for the Germany glass industry.
Over the years, flat glass has been one of the dominating segments in terms of revenue generation followed closely by container glass. Major advancement in the field of technology and production of innovative glass products has set a path of growth for the Germany glass industry in the coming years. The contribution of the container glass industry, on the other hand, declined in 2011 from 23.2% in 2009 to 19.2% in 2011. This decline in production can be attributed to the availability of alternative packaging materials such as plastics; mainly PET (polyethylene terephthalate), metals- steel, aluminium and laminated cartons.
The Germany glass industry is a highly fragmented market with more than 400 domestic and international players in the market. Some of the major players that exist in the market include Ardagh Group, Osram Licht AG, Schott AG, Gerresheimer, Saint Gobain, Wiegand Glas, Heinz-Glas GmbH, Pilkington Deutschland AG and others.
The future of Germany glass industry is expected to be favourable as the use of glass as a specialized material in various industries has gained continuous momentum. Changing needs and advanced technology has opened doors for alternate usage of glass and not just for decorative and storage purpose. The improving economy of Germany and other European countries has led to increase in the demand for glass from various related industries. The revenue generated by the glass industry of Germany is projected to be USD 12.4 billion in 2014.