After a difficult few years during the first half of the five-year period through 2015-16, the Flat Glass Shaping and Processing industry has returned to stable growth. In the years following the economic downturn, construction projects, which account for the majority of processed glass demand, were mothballed as financial uncertainty lingered in both the public and private sectors. Similarly, demand for industry product from vehicle and furniture manufacturers, two key downstream markets, remained low. This created a challenging operating environment for industry participants. In more recent years, the economic recovery has brought much needed relief to flat glass processors.
Firms in this industry specialise in processing flat glass. This involves shaping, etching, bending and bonding. The industry produces higher value products used predominantly for architectural and automotive glazing, or in decorative furnishing.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.