South Africa Glass Manufacturing Report 2024 - Bolstered by Rising Producer Prices and Significant Investments by Two Major Manufacturers, Revenues have Reached an All-Time High in 2023

South Africa Glass Manufacturing Report 2024 - Bolstered by Rising Producer Prices and Significant Investments by Two Major Manufacturers, Revenues have Reached an All-Time High in 2023

GlobeNewswire

Published

Dublin, May 02, 2024 (GLOBE NEWSWIRE) -- The "Manufacture of Glass and Glass Products in South Africa 2024" report has been added to * ResearchAndMarkets.com's* offering.

This report on the manufacture of glass and glass products in South Africa includes information on manufacturing output and sales, prices, trade, notable players, and influencing factors such as vehicle sales, beverage manufacturing output and construction. There is information on recycling, dumping and relevant tariffs and other measures, environmental issues, technology and R&D, and the effect of loadshedding on an industry which needs to keep furnaces on.

There are profiles of 23 companies including the major players Ardagh, Isanti and PG Group, fibreglass manufacturers such as Nivitex and Cape Composite, and processing and distribution companies including FGW Safety Glass and McCoys.

*Market Insight*

· The glass and glass products manufacturing industry has shown improved performance in the last four years.
· Bolstered by rising producer prices and significant investments by two major manufacturers, revenues have increased since dropping in 2020, and reached an all-time high 2023.
· Capacity utilisation and employment have increased.
· Float glass and mirror dumping remains a threat to the industry.
· The industry has raised the alarm about gas prices, gas policy and security of gas supply.
· It has pinned its future to the increased use of waste glass.

*Market Trends*

· Exports and employment have increased.
· Imports, particularly the dumping of flat glass products, have been increasing.
· Production has recovered since the pandemic, supported by higher and rising producer prices.
· Strong focus on reducing emissions and the energy cost of glass furnaces.
· The collection of recycled glass has been steadily increasing.

*Opportunities*

· Exports to the African continent.
· Lower costs and improved energy efficiency through increased cullet use.
· Trends in construction and automotive industries towards safer and more energy efficient glass.

*Challenges*

· Dumping of flat glass products.
· Fuel source instability and uncertainty of supply.
· Relatively low uptake of glass recycling.
· Sluggish economic growth.

*Market Outlook*

· International investments have increased local production capacity and secured localisation of beer bottle supply.
· Food and beverage production is growing, supporting demand for glass packaging and containers.
· The industry faces headwinds due to sluggish growth of construction and new vehicle sales.
· It also faces insecurity in energy supply.
· Imports continue to present threats to the local industry.

*Companies Profiled*

· Ardagh Glass Packaging South Africa (Pty) Ltd
· C and C Safety Glass (Pty) Ltd
· Cape Composite (Pty) Ltd
· CGIS Refrigeration Group (Pty) Ltd
· Compass Glass (Pty) Ltd
· Createx (Pty) Ltd
· F G W Safety Glass (Pty) Ltd
· Glamosa Glass (Pty) Ltd
· Glass Partners Holdings (Pty) Ltd
· Glass Planet (Pty) Ltd
· Hi Tech Safety Glass S A (Pty) Ltd
· Isanti Glass 1 (Pty) Ltd
· Listco Glassblowers (Pty) Ltd
· McCoys Glass Manufacturing CC
· Natglass Distributors (Pty) Ltd
· Nelson Glass and Mirrors CC
· Nivitex Fibreglass and Resins Gauteng CC
· Northern Hardware and Glass (Pty) Ltd
· PG Group (Pty) Ltd
· S A Bullet Resistant Glass Company (Pty) Ltd
· Unifrax Emission Control South Africa (Pty) Ltd
· United Glass Blowers CC
· W Tech Manufacturing (Pty) Ltd

*Key Topics Covered:*

*1. INTRODUCTION *

*2. DESCRIPTION OF THE INDUSTRY *
2.1. Industry Value Chain
2.2. Geographic Position
2.3. Size of the Industry

*3. LOCAL *
3.1. State of the Industry
3.2. Key Trends
3.3. Key Issues
3.4. Notable Players
3.5. Trade
3.6. Corporate Actions
3.7. Regulations
3.8. Enterprise Development and Social Development

*4. AFRICA *

*5. INTERNATIONAL *

*6. INFLUENCING FACTORS *
6.1. Unforeseen Events
6.2. Economic Environment
6.3. Labour
6.4. Environmental Issues
6.5. Technology, R&D, Innovation
6.6. Input Costs

*7. COMPETITIVE ENVIRONMENT *
7.1. Competition
7.2. Ownership Structure of the Industry
7.3. Barriers to Entry

*8. INDUSTRY SUMMARY *

*9. OUTLOOK *

*10. INDUSTRY ASSOCIATIONS *

For more information about this report visit https://www.researchandmarkets.com/r/ifcwuv

*About ResearchAndMarkets.com*
ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.

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