Industry Statistics and Trends
Glass & Glass Product Manufacturing in Europe key trends
Energy price rises spur panic throughout the supply chain.
Extraordinary increases in the price of natural gas have spurred significant price hikes among glassmakers.
A slowdown in industrial activity weighs on demand.
A widespread economic slowdown has spurred contractions in key downstream markets, including major construction markets.
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Glass & Glass Product Manufacturing in Europe
Industry Revenue
Total value and annual change from 2011-2029. Includes 5-year outlook.
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Glass & Glass Product Manufacturing in Europe market size (2019-2024)
Industry revenue has declined at a CAGR of 5.3 % over the past five years, to reach an estimated €72.5bn in 2024.
Trends and Insights
Soaring wholesale gas prices have shattered glassmakers’ finances
- Soaring natural gas prices caused the European industry to buckle in the aftermath of Russia’s invasion of Ukraine, with glassmakers particularly vulnerable to the effects of increases of more than 500% in natural gas prices, with EU glass and glass product manufacturers relying on natural gas for 74% of their overall energy needs in 2021 according to Eurostat data.
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Glass & Glass Product Manufacturing in Europe outlook (2024-2029)
Market size is projected to grow over the next five years.
A protracted return to economic growth is set to maintain sluggish demand
- In September 2023, the ECB downgraded its forecast for economic growth in the Euro area to 1.5% in 2025, with economic growth in Europe continuing to lag behind the global economy.
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Revenue
€72.5bn
Employees
506k
Wages
€XX.Xbn
European Leaders & Laggards
Top 5 Countries
- Serbia +13.3%
- Romania +12.4%
- Bosnia & Herzegovina +8.7%
- Turkey +8.3%
- Poland +7.8%
Bottom 5 Countries
- Finland -7.3%
- Estonia -3.6%
- Luxembourg -3.5%
- Denmark -3.3%
- Iceland -2.2%
* CAGR values are for the years 2019-2024.
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Biggest companies in the Glass & Glass Product Manufacturing in Europe
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
Saint-Gobain SA | 56,529.0 | 5,487.0 | 9.7 | |
Ardagh Group SA | 8,679.6 | 865.6 | 10.0 | |
Turkiye Sise Ve Cam Fabrikalari AS | 6,104.9 | 1,117.2 | 18.3 |
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Glass & Glass Product Manufacturing in Europe
Products & Services Segmentation
Industry revenue broken down by key product and services lines.
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Top Questions Answered in this Report
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What is the market size of the Glass & Glass Product Manufacturing industry in Europe in 2024?
The market size of the Glass & Glass Product Manufacturing industry in Europe is €72.5bn in 2024.
How many businesses are there in the Glass & Glass Product Manufacturing in Europe industry in 2024?
There are 21,168 businesses in the Glass & Glass Product Manufacturing industry in Europe, which has grown at a CAGR of 2.5 % between 2019 and 2024.
Has the Glass & Glass Product Manufacturing industry in Europe grown or declined over the past 5 years?
The market size of the Glass & Glass Product Manufacturing industry in Europe has been declining at a CAGR of 5.3 % between 2019 and 2024.
What is the forecast growth of the Glass & Glass Product Manufacturing industry in Europe over the next 5 years?
Over the next five years, the Glass & Glass Product Manufacturing industry in Europe is expected to grow.
What does the Glass & Glass Product Manufacturing in Europe include?
Flat Glass and Processed Glass are part of the Glass & Glass Product Manufacturing industry.
Which countries have the most businesses in the Glass & Glass Product Manufacturing industry in Europe?
The European country with the most businesses in the Glass & Glass Product Manufacturing industry is Italy.
How competitive is the Glass & Glass Product Manufacturing industry in Europe?
The level of competition is high and steady in the Glass & Glass Product Manufacturing industry in Europe.
Related Industries
This industry is covered in 37 countries
- Glass & Glass Product Manufacturing in Greece
- Glass & Glass Product Manufacturing in Romania
- Glass & Glass Product Manufacturing in Norway
- Glass & Glass Product Manufacturing in Italy
- Glass & Glass Product Manufacturing in the UK
- Glass & Glass Product Manufacturing in Sweden
- Glass & Glass Product Manufacturing in Germany
- Glass & Glass Product Manufacturing in Latvia
- Glass & Glass Product Manufacturing in Bosnia & Herzegovina
- Glass & Glass Product Manufacturing in Austria
- Glass & Glass Product Manufacturing in France
- Glass & Glass Product Manufacturing in Lithuania
- Glass & Glass Product Manufacturing in the Netherlands
- Glass & Glass Product Manufacturing in Belgium
- Glass & Glass Product Manufacturing in Cyprus
- Glass & Glass Product Manufacturing in Estonia
- Glass & Glass Product Manufacturing in Iceland
- Glass & Glass Product Manufacturing in Europe
- Glass & Glass Product Manufacturing in Spain
- Glass & Glass Product Manufacturing in Portugal
- Glass & Glass Product Manufacturing in Serbia
- Glass & Glass Product Manufacturing in Switzerland
- Glass & Glass Product Manufacturing in Czechia
- Glass & Glass Product Manufacturing in Turkey
- Glass & Glass Product Manufacturing in Ireland
- Glass & Glass Product Manufacturing in Finland
- Glass & Glass Product Manufacturing in Bulgaria
- Flat Glass Manufacturing in the UK
- Flat Glass Shaping & Processing in the UK
- Hollow Glass Manufacturing in the UK
- Hollow Glass Manufacturing in Germany
- Glass Fibre Manufacturing in Germany
- Flat Glass Manufacturing in Germany
- Glass & Glass Product Manufacturing in Luxembourg
- Glass & Glass Product Manufacturing in Russia
- Glass & Glass Product Manufacturing in Slovakia
- Glass & Glass Product Manufacturing in Hungary
- Glass & Glass Product Manufacturing in Denmark
- Glass & Glass Product Manufacturing in Poland
- Glass & Glass Product Manufacturing in Malta
- Glass & Glass Product Manufacturing in Croatia
- Glass & Glass Product Manufacturing in Slovenia
Table of Contents
About this industry
Industry definition
The industry includes the manufacturing of glass in all forms, made by any process and the manufacture of articles of glass. Products manufactured include flat glass, toughened flat glass, glass rods, glass mirrors, glass bottles, drinking glasses and glass fibres.
Related Terms
LAMINATED GLASS CULLETTOUGHENED GLASSWhat's included in this industry?
Flat GlassProcessed GlassHollow GlassGlass FibresOther GlassCompanies
Saint-Gobain SAArdagh Group SATurkiye Sise Ve Cam Fabrikalari ASIndustry Code
231 - Manufacture of glass and glass products in Europe
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Performance
Key Takeaways
Soaring wholesale gas prices have shattered glassmakers’ finances
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Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue in the Glass & Glass Product Manufacturing in Europe industry (2011 -2029)
- Employees in the Glass & Glass Product Manufacturing in Europe industry (2011 -2029)
- Business in the Glass & Glass Product Manufacturing in Europe industry (2011 -2029)
- Profit in the Glass & Glass Product Manufacturing in Europe industry (2011 -2029)
Analysis
What's driving current industry performance in the Glass & Glass Product Manufacturing in Europe industry?
Outlook
Analysis
What's driving the Glass & Glass Product Manufacturing in Europe industry outlook?
Volatility
Analysis
What influences volatility in the Glass & Glass Product Manufacturing in Europe industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Glass & Glass Product Manufacturing in Europe industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Trends in retail drive demand for glassmakers. Food and beverage manufacturers are the largest downstream market for glass product manufacturers, so trends in private consumption dictate output.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Glass & Glass Product Manufacturing in Europe industry's products and services performing?
Analysis
What are innovations in the Glass & Glass Product Manufacturing in Europe industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Glass & Glass Product Manufacturing in Europe industry?
International Trade
Highlights
- Largest Importer
- Smallest Importer
- Total Imports into Europe
- Largest Exporter
- Smallest Exporter
- Total Exports into Europe
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Revenue by Region (2024)
- Share of Total Industry Enterprises by Region (2024)
- Share of Total Industry Employment by Region (2024)
- Share of Total Industry Wages by Region (2024)
Industry Geographic Breakdown
Data Tables
Values and annual change provided for 37 European countries:
- Revenue (2024)
- IVA (2024)
- Enterprises (2024)
- Employment (2024)
- Exports (2024)
- Imports (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The degree of concentration varies depending on the type of operation. Flat glass manufacturing operations are highly concentrated, while glass product manufacturing operations are more fragmented due to the variety of products manufactured.
Supply Chain
Charts
Buyer and supply industries
Companies
Market Share
Charts
- Industry Market Share by Company (2019-2024)
Companies
Data Tables
Top 10 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit Margin (2024)
Data Tables
- Countries of operation for Saint-Gobain SA
- Countries of operation for Ardagh Group SA
- Countries of operation for Turkiye Sise Ve Cam Fabrikalari AS
- Countries of operation for AGC Inc
- Countries of operation for Verallia SA
- Countries of operation for O-I Glass Inc
- Countries of operation for Nippon Sheet Glass Co Ltd
- Countries of operation for Vidrala SA
- Countries of operation for Schott AG
- Countries of operation for Vetropack Holding SA
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Glass manufacturing is highly regulated. Glassmakers are subject to strict regulations relating to production safety standards, environmental regulations and building regulations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Glass & Glass Product Manufacturing in Europe industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Soaring energy costs have posed a major threat to bottom lines. Huge increases in wholesale energy prices have placed significant pressure on glassmakers, with many forced to hike prices to maintain output.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Glass & Glass Product Manufacturing in Europe industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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