EXPERTISE SECTORGlass, Stone, & Concrete Products

The glass, stone, & concrete products industry will continue to lead the packaging and sustainable materials market

The glass, stone, and concrete products industry includes the manufacturing of flat glass and other glass products, structural clay products and pottery but also building & construction segment products such as cement, concrete and gypsum products, cut stone, abrasive and asbestos products. The industry is characterized by earth derived products from materials like stone, clay, and sand.

These stone, clay, or sand-based materials are often the base of many products and structures, from bottles and product packaging to highways and windows and tiles. End-users of the sector’s products include for example individual consumers, automotive manufacturers and exporters, restaurants, bars, building & construction companies and equipment manufacturers, and many more.

Industry outlook

Although the sector is highly mechanized, manpower is still needed in producing and manufacturing these products. Especially for example the glass manufacturing market was sized at $228 billion total revenues in 2020 and estimated to grow at a rate of 4.1% CAGR between 2021-2027. With plastics producing so much waste, different industries, from cosmetics to food and beverage, are opting for glass alternatives to appease consumer wants and the sociocultural shift toward more sustainable solutions.

Key trends in glass, stone, & concrete industry

Sustainability
Glass-fiber-reinforced Concrete (GRC)
Self-healing concrete
Smart Glass & Coatings
Architectural Glass Solutions

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