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Glass Industry in India

The glass industry in India faces several challenges including low GDP growth, lack of demand, surplus capacity, and rising input costs. However, demand for glass is expected to increase due to growth in key industries such as automotive, construction, and solar energy. The container glass market is over 9,000 tons per day while flat glass is over 5,000 tons per day. Liquor contributes nearly half of container glass demand while construction accounts for 80% of flat glass demand.

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TANISHQ KATHOTIA
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592 views1 page

Glass Industry in India

The glass industry in India faces several challenges including low GDP growth, lack of demand, surplus capacity, and rising input costs. However, demand for glass is expected to increase due to growth in key industries such as automotive, construction, and solar energy. The container glass market is over 9,000 tons per day while flat glass is over 5,000 tons per day. Liquor contributes nearly half of container glass demand while construction accounts for 80% of flat glass demand.

Uploaded by

TANISHQ KATHOTIA
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd

Market Overview Challenges Demand

INTRODUCTION • The glass industry represents a number of definable product segments • Low GDP growth
Drivers
All types of glassware are manufactured ‘in India,
like vacuum glass, domestic and industrial glassware, crystal glass, • Lack of Demand
many of the manufacturing units being in the small • • Automobile industry
glass wool TV picture tube glass shells, laboratory glass. Surplus Capacity
sector. There are more than 40 units producing glass • Rising Input Cost to drive growth for
containers and hollowware’s. In 1993, the first plant to
• Low per capita glass container consumption of 1.8 kg in India as glass
compared to 9 kg in China , 27 kg in USA • Long Working Capital
make float glass—used in construction, architectural, • Construction sector
• The demand for Glass is expected to increase driven by growing cycle
automotive, mirror and solar energy industries—was witnessing major
consumer awareness about health ,Hygiene ,eco friendly and energy • Exchange rate
set up in India. Several foreign brands too have entered growth
the market. The use of flat glass not only adds to the conservation products. Fluctuations
• • Government schemes
aesthetic beauty of buildings but also leads to • Flat glass market stands at @ 5473 TPD, Container glass is at 9305 Buyer Concentration Risk
• • Solar energy glass
substantial savings of wood, thus conserving forest TPD and Other glass @ 1,500 TPD. Import of Glass
• Alternate Packaging demand
resources. • Liquor contributes to 49% of container glass and Construction • Packaging industry
Several manufacturing units make vacuum flasks and industry contributes to 80% of Flat glass demands.
refills. The quality of vacuum flask refills produced in • Liquor and Beer segment has grown over 12-15% CAGR on account
India has excellent acceptability even in developed Major costs as a
of changing lifestyles and rise in disposable incomes. The Indian % of net sales
countries. for 15
Pharma market is currently growing at CAGR of 18-20%. companies
• Construction(13%) and automotive (16%) segment is also bound to
regain the growth segment

Share Prices
721.05 REVENUE SHARE FY18

India’s Total Glass Exports in USD mn


200.2 190.2
143.45
6.15 29.5

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