Glass Manufacturing Market size was over USD 177.6 Billion in 2023 and is expected to reach USD 322.6 Billion by the end of 2036, growing at around 5.1% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of glass manufacturing is estimated at USD 186.6 Billion.
The reason for this increase is attributed to an increase in global infrastructure development investments. According to a report by the World Bank in 2023, in developing countries, investors invested about USD 85.6 billion in infrastructure projects, and it is expected that by 2030, every year, about 4.5% of GDP will be about USD 1.5 trillion for middle- and low-income countries.
Author Credits: Rajrani Baghel
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