The market is dominated by foreign suppliers, as imports account for 65.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 81.3% of total demand in 2022. Canada has the 11th largest market size for glass and glass products across the top 20 developed countries, with demand reaching USD4.2 billion in 2022. O-I Canada Corp is the largest company in Canada, generating 19.1% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 39.8% of total production value in 2022. The total number of companies increases in 2022, to 1,146 units. The costs of the industry increase by 30.2% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 11.1% of production value in 2022, the 15th highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 22.2% of total production output. With production value of USD1.9 billion, Canada accounts for 4.8% of the North America total in 2022.
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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
Non-metalic Mineral Products is an aggregation of Quarrying of Stone, Sand and Clay; Cement, Stone and Ceramic Products; Glass and Glass Prodcuts.
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