Glass Market Outlook - Expanding Real Estate Sector and Increasing Demand from Packaging Sector is Fuelling Growth

Date: 22 August 2014
Source: Netscribes inc

Date: 22 August 2014

Global market intelligence firm, Netscribes, Inc. released its latest report on the ‘Glass Market in India 2014’.

The growing usage of glass for various purposes is drawing investors to create and commercialize improving technologies.   



Netscribes’ latest market research report titled Glass Market in India 2014 analyses how the glass industry in India is growing due to the dynamic effects of the real estate sector as well as the automotive sector. The glass industry can be divided into the following segments – container glass, flat glass and other types of glasses. Container glass has a higher market share compared to flat glass and other types of glass due to the high demand from the packaging sector. The flat glass market faces maximum demand from the construction sector. The glass manufacturers in India of laminated glass and solar glass are also witnessing a steady growth.



India is a net exporter of container glass and net importer of flat glass. The main drivers of this industry are the growing packaging industry and the rise in real estate sector. Rising price of raw materials and increasing usage of alternatives of glass are the major challenges that the glass companies in India are facing. The public players dominate the market with their widespread distribution network. Raising awareness about the various uses of glass and incorporation of product differentiation will boost the market.



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About Netscribes

Netscribes (www.netscribes.com) is a pioneering knowledge consulting and solutions firm with clientele across the globe. The company’s expertise spans areas of investment & business research, business & corporate intelligence, publishing services and customized knowledge database creation. At its core lies a true value proposition that draws upon a vast knowledge base.



For more information please write to info@netscribes.com
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