Glass Forming Machine Market Share

APAC Market Forecasts

The glass forming machine market in Asia Pacific is set to dominate the market by registering a growth of 33% during the time period between 2023 – 2037. Asia Pacific consists of the countries that are the most important contributors to glass production For instance, about 8.22 million weight cases of plate glass were produced in China as of July 2023. Demand for glass-forming machines in China is led by the food, beverage, chemical, and laboratory sectors. In addition, the region is expected to see high demand for production machinery as demand for glass molded products will continue during the forecast period.

European Market Statistics

The glass forming machine market in the Europe region is set to hold a substantial revenue share by the end of 2037. The EU holds a significant share of the world's glass exports, which has continued to be an important driver of demand for glass-making machines. In spite of the challenges created by COVID-19, EU production and exports continued to grow steadily in 2020. The main players in Europe's region are Germany, Italy, and France which provide a number of opportunities for suppliers of raw materials and machinery.