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U.S. Glass Products Market. Analysis And Forecast to 2025

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Article Publishing Date: Jun 28, 2016

Intense Competition from Low-Cost Imports, particularly from China, Has Increasingly Constrained the U.S. Glass Product Industry Performance

Photo: ©  BugTiger / Bigstockphoto

The U.S. glass product market showed mixed dynamics from 2008 to 2015, but the overall trend was positive. The decline in 2009 (-18%) was followed by steady growth in the upcoming years. In 2015, the glass product market reached 12,364 million USD.

U.S. growth in glass product consumption is expected to accelerate to +3.5% (currently +2.6%) in the medium term, amid the current economic recovery and a growing demand for housing starts, household appliances, motor vehicles, electric lightning equipment and the positive outlook for the major industrial sectors.

However, growth in consumption will be restrained by the uncertainty in the global economy triggered by plummeting oil prices, slowing paces of China's economy growth and collapsing stock markets at the beginning of 2016.

U.S. glass product manufacturing illustrated mixed dynamics over the last few years. After a 16% fall in 2009, steady growth of value of shipments was tracked. In 2015, the value of shipments in the industry reached 11,773 million USD, rising with a CAGR of +2.1% from 2008 to 2015.

Intense competition from low-cost imports, particularly from China, has increasingly constrained industry performance during this period, engaging producers to approach overseas markets.

China was the main supplier of glass product into the U.S., with a major 49% share of total U.S. imports in 2015. It was followed by Mexico (13%), Germany (7%) and Japan (5%). The fastest growing suppliers were the Republic of Korea (+22.7% per year) and China (+12.8% per year) from 2007 to 2014. Being the largest supplier, China significantly strengthened its position in the U.S. import structure, from 31% in 2007 to 49% in 2015. By contrast, Mexico and Canada saw their shares reduced.

U.S. exports of glass products have experienced steady growth since 2010. The export growth rates were higher than those of production and consumption. As the U.S. companies have improved their positions in overseas markets, domestic manufacturers enjoyed a new growth driver, especially considering fierce competition from imports.

The continuing appreciation of the dollar makes imports cheaper and exports more expensive to foreign buyers, which could potentially restrain manufacturing growth in the medium term.

In 2014, the main destinations of U.S. glass product exports were Canada (31%), Germany (20%) and Mexico (11%). The share exported to Mexico increased (+2 percentage points), while the share sent to Canada illustrated negative dynamics (-5 percentage points). The shares of the other countries remained relatively stable throughout the analyzed period.

Net U.S. imports of glass products have shown a negative trend since 2008. In 2015, this industry ran a significant trade deficit of 149 thousand tonnes, approximately 31% of gross imports.

However, in value terms, the U.S. was a net exporter of glass products in the period from 2009 to 2014, which was attributed to high export prices. From 2008 to 2014, the trade proficit in value terms was insignificant, as export values were close to imports. In 2015, the hike of imports was tracked, driven by rising imports of laminated safety glass both for vehicle and non-vehicle use, as well as laboratory, hygienic or pharmaceutical glassware. Therefore, the trade surplus in value terms turned into a 592 million USD trade deficit in 2015.

Source: IndexBox AI Platform

Product coverage:

Machine-made pressed and blown table, kitchen, art, and novelty glassware, made from purchased glass; All other machine-made pressed and blown glassware (including lighting, automotive, electronic, scientific, laboratory, industrial, and technical), made from purchased glass; Handmade pressed and blown glassware, made from purchased glass; Mirrors (decorated and undecorated), made from purchased glass; Other glass products, made from purchased glass; Glass product manufacturing made of purchased glass, nsk, total


The report provides on a comprehensive survey of the U.S. glass product market. It indicates the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. In addition, the report contains insightful information about the industry, including industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains actual data on the leading players in the industry.


Countries coverage: the U.S.


Companies mentioned:

Gentex Corporation,

Grote Industries ,

Safelite Glass Corp.,

AGC Flat Glass North America,

Cardinal Glass Industries,

Magna Mirrors of America,

Wheaton Industries,

Gerresheimer Glass,

SMR Automotive Systems USA,

Apogee Enterprises,

J.E. Berkowitz,

Potters Industries,

Lawson Industries,

Prl Glass Systems,

Larry Methvin Installations,

Kimble Chase Life Science and Research Products,

Chase Scientific Glass,

Consolidated Glass & Mirror Corporation,

Anchi,

JPS Composite Materials Corp.,

Magna Mirrors North America,

Rauch Industries,

Gardner Glass Products,

Vuteq Usa,

Oldcastle Buildingenvelope,

Carlex Glass America,

SMR Automotive Technology Holdings USA Partners ,

SMR Automotive Mirror International USA,

Erie Scientific,

US Test Company 350,

Ferro Color & Glass Corporation,

Custom Glass Solutions Upper Sandusky Corp.,

Murakami Manufacturing U.S.A.


Data coverage:

• Glass product market size;

• Glass product production, value of shipments;

• Key market players and their profiles;

• Exports, imports and trade balance;

• Import and export prices;

• Forecast of the market dynamics in the medium term;

• Key industry statistics;

• Life cycle of the glass product industry;

• Number of establishments and their locations;

• Employment data;

• Glass product industry productivity.


Reasons to buy this report:

• Take advantage of the latest data;

• Find deeper insights into current market developments;

• Discover vital success factors affecting the market.


This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.


In this report, you can find information that helps you to make informed decisions on the following issues


1. How to diversify your business and benefit from new market opportunities

2. How to load your idle production capacity

3. How to boost your sales on overseas markets

4. How to increase your profit margins

5. How to make your supply chain more sustainable

6. How to reduce your production and supply chain costs

7. How to outsource production to other countries

8. How to prepare your business for global expansion


While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2013–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2013–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2013–2018
Table 3:
Market Value, 2013–2018
Table 4:
Per Capita Consumption In 2013-2018
Table 5:
Imports, In Physical Terms, By Country, 2013–2018
Table 6:
Imports, In Value Terms, By Country, 2013–2018
Table 7:
Import Prices, By Country Of Origin, 2013–2018
Table 8:
Exports, In Physical Terms, By Country, 2013–2018
Table 9:
Exports, In Value Terms, By Country, 2013–2018
Table 10:
Export Prices, By Country Of Destination, 2013–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2013–2018
Figure 2:
Market Value, 2013–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2013-2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2013-2018
Figure 5:
Trade Balance, In Physical Terms, 2013-2018
Figure 6:
Trade Balance, In Value Terms, 2013-2018
Figure 7:
Per Capita Consumption, 2013-2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2013–2018
Figure 21:
Production, In Value Terms, 2013–2018
Figure 22:
Imports, In Physical Terms, 2013–2018
Figure 23:
Imports, In Value Terms, 2013–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2013–2018
Figure 26:
Imports, In Value Terms, By Country, 2013–2018
Figure 27:
Import Prices, By Country Of Origin, 2013–2018
Figure 28:
Exports, In Physical Terms, 2013–2018
Figure 29:
Exports, In Value Terms, 2013–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2013–2018
Figure 32:
Exports, In Value Terms, By Country, 2013–2018
Figure 33:
Export Prices, By Country Of Destination, 2013–2018
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