The market is dominated by domestic suppliers, as imports account for 4.0% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.5% of total demand in 2022. China has the largest market size for glass and glass products regionally, with demand reaching USD228 billion in 2022. Shangqiu Huanyu Fiberglass Co Ltd is the largest company in China, generating 4.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 15.2% of total production value in 2022. The total number of companies decreases in 2022, to 65,239 units. The costs of the industry decrease by 9.8% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 12.7% of production value in 2022, the ninth highest regionally. The industry’s exports share increases in 2022 to 9.7% of total production output. With production value of USD223 billion, China accounts for 85.1% of the Asia Pacific total in 2022.
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This Euromonitor industrial report provides unique information on Glass and Glass Products in China: 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 China: 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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