Over the next five years, the Glass Mold market will register a 4.8% CAGR in terms of revenue, the global market size will reach US$ 599.5 million by 2027.
Glass Mold Market Overview
Glass is used in the manufacturing of bottles, vials, syringes, ampoules, and containers among other things. Glass is preferred in manufacturing of these applications as it does not react with the contents that are present in the packaging and hence maintaining the life of medicine or chemicals and hence manufacturers are preferring the glass packing solutions in order to improve the shelf life of the product.
The growth of the glass market is due to increasing demand for glass products like jars, vials, bottles, and lab-wares from end-user industries like healthcare, cosmetics, consumer electronics, food & beverages, and chemical which is boosting the growth of the market.
Furthermore, glass molds are used to create different types of colored & clean bottles which are required to store deodorants, perfume samplers, fragrances, dropper bottles, cosmetic ampoules, and more, which is expected to boost the growth of the market. The ceramic glass molds are preferred in manufacturing dinnerware, decorative objects, and manufacturing tableware. The main benefit of ceramic molds is their safe reusability as ceramic molds don’t need any coating in order to prevent the glass from sticking to the mold.
Based on the Glass Mold market development status, competitive landscape, and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks, and comprehensive competitive strategy analysis in different fields of Manufacturing & Construction. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics, and structure analysis of the downstream application fields are all analyzed in detail. To Boost the Growth of Glass Mold during the epidemic era, this report analyzes in detail the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the Glass Mold market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Glass Mold Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Who are the Major Players in Glass Mold Market?
Top Key players in the Glass Mold Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global Glass Mold Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Omco International, Ross International, Jianhua Mould, Jinggong Mould, ORI Mould, Weiheng Mould, UniMould, JCL Engineering Pte Ltd, RongTai mould, Xinzhi Industry, Donghai Glass Mould Co.,
Recent Development:
Leading with Sustainability at Michigan Ross
served as a Teach for America corps member in Cincinnati, and worked in social advocacy in Washington D.C. and in the global supply chain at Gap Inc. in San Francisco. The pivots in my career were always guided by how I could better position myself to make an even larger impact at scale.
After seeing the fractures in the public school system, the political system, and then in business, I knew that I needed more expertise in implementing sustainable solutions to achieve my long-term goal of becoming a chief sustainability executive. As I considered graduate programs at the intersection of sustainability and business, I learned about the Erb Institute for Global Sustainable Enterprise at the University of Michigan. Through the Erb Institute, I could obtain an MBA from the Ross School of Business and a master’s of science from the School for Environment and Sustainability within three years.
What are the major Applications, Types, and Regions for Glass Mold Market?
By Type, Glass Mold Market has been segmented into
- Ordinary Cast Iron Mold
- Alloy Cast Iron Mold
- Other Material Mold
By Application, Glass Mold Market has been segmented into
- Beverage & Wine Industry
- Daily Chemical Industry
- Commodity Industry
- Others
Among end-use industries, the chemical segment is anticipated to account for significant market share in the global glass mold market. Recently, the segment accounted for a 13.9% share in the global glass mold market in terms of revenue. Beakers, cylinders, colored & clear bottles, flasks, burettes, pipettes, and various other lab-wares have extensive demand in chemical industries. In addition to lab-wares, amber glass bottles and jars are used for storing light-sensitive chemicals in order to maintain the quality of chemicals.
Glass Mold Market Regional Analysis
The report offers an in-depth assessment of the growth and other aspects of the Glass Mold Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific, and Latin America.
North America accounted for the largest market share in the global glass mold market in 2018, due to the favorable growth of the pharmaceutical industry in the region. According to International Trade Association, pharmaceuticals are one of the biggest, R&D-intensive industries in the U.S. The research-based industry invests over 15-20% of the total revenue produced on R&D per year (over US$ 50.2 Billion in 2016). Moreover, total sales of pharmaceuticals in Canada are anticipated to increase to US$ 20.6 billion by 2020.
The Asia Pacific is anticipated to witness the fastest growth in the global glass mold market over the forecast period. Government authorities such as Environmental Protection Agency (EPA), AFS, and others have implemented stringent regulations on effluents released during glass mold manufacturing.
What is our Glass Mold Market report scope?
The report incorporates an in-depth assessment of the competitive landscape, product market sizing, product benchmarking, market trends, product developments, financial analysis, strategic analysis, and so on to gauge the impact forces and potential opportunities of the market. Apart from this the report also includes a study of major developments in the market such as product launches, agreements, acquisitions, collaborations, mergers, and so on to comprehend the prevailing market dynamics at present and their impact during the forecast period 2021-2026. The report presents the analysis of the Glass Mold Market for the historical period of 2017-2021 and the forecast period of 2021-2026.
Reports Attributes
|
Report Details
|
Forecast Period 2022 to 2027 CAGR
|
CAGR of 4.8% during the review period (2022 to 2027).
|
By Type
|
- Ordinary Cast Iron Mold
- Alloy Cast Iron Mold
- Other Material Mold
- Others
|
By Application
|
- Beverage & Wine Industry
- Daily Chemical Industry
- Commodity Industry
- Others
|
By Companies
|
Omco International, Ross International, Jianhua Mould, Jinggong Mould, ORI Mould, Weiheng Mould, UniMould, JCL Engineering Pte Ltd, RongTai mould, Xinzhi Industry, Donghai Glass Mould Co.,
|
Regions Covered
|
• North America
• Europe
• Asia-Pacific
• Rest of the World
|
Countries Covered
|
• US
• Canada
• Germany
• France
• UK
• Italy
• Spain
• Rest of Europe
• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific
• Middle East & Africa
• Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
136
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Glass Mold Report
- Evaluate Glass Mold market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges, and hidden opportunities.
- Get in-depth insights on your competitor's performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT, and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Glass Mold market entropy - M&As, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics, and regulatory landscape for more than the top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Questions
What is the study period of this market?
The Glass Mold Market is studied from 2017 - 2027.
Who are the key players in Glass Mold Market?
Omco International, Ross International, Jianhua Mould, Jinggong Mould, ORI Mould, Weiheng Mould, UniMould, JCL Engineering Pte Ltd, RongTai mould, Xinzhi Industry, Donghai Glass Mould Co., Changshu Fuchang Glass Mould Factory, Changshu Ruifeng Mould, TOYO GLASS MACHINERY, TETA Glass Mould, Steloy Castings, Hunprenco Precision Engineers, Busellato Glass Moulds, Dameron Alloy Foundries, FUSO MACHINE & MOLD MFG.CO.LTD, HEBEI ANDY MOULD, Zitsmann, Strada, Perego, Inhom and others..
What are the significant types of Glass Mold Market?
Ordinary Cast Iron Mold, Alloy Cast Iron Mold, Other Material Mold, Others.
What are the major end-use applications of Glass Mold Market?
Beverage & Wine Industry, Daily Chemical Industry, Commodity Industry, Others
What segments are covered in the Glass Mold Market report?
The Global Glass Mold Market is Segmented on the basic of Product, Application, and Geography.
How can I get a sample report/company profile for the Glass Mold Market?
The sample report for the Glass Mold Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
