The market is dominated by foreign suppliers, as imports account for 70.5% of total market size in 2020. B2B drives market demand, with B2B spending representing 78.6% of total demand in 2020. Canada has the 11th largest market size for glass and glass products across the top 20 developed countries, with demand reaching USD3.2 billion in 2020. Guardian Industries Corp is the largest company in Canada, generating 40.4% of the industry’s total production value in 2020. The industry is concentrated, with the top five companies generating 72.0% of total production value in 2020. The total number of companies decreases in 2020, to 1,439 units. The costs of the industry decrease by 7.6% in 2020, largely driven by declining B2B costs. The industry’s profitability increases and stands at 10.3% of production value in 2020, the 14th highest across the top 20 developed countries. With production value of USD1.3 billion, Canada accounts for 3.7% of the North America total in 2020.
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This Euromonitor industrial report provides unique information on Glass and Glass Products in Canada: ISIC 261. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Glass and Glass Products in Canada: ISIC 261 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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