Industry Statistics and Rankings
How does this industry perform in Lithuania compared to Europe?
Country Benchmarking
Industry Data Lithuania
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#26 In EuropeBusiness
#24 In EuropeEmployees
#22 In EuropeWages
#28 In EuropeFlat glass and glass products are key materials throughout downstream industrial and construction markets, with glass bottles and containers also widely used by food and beverage manufacturers. Glassmakers across Europe rely on activity in these downstream markets, with high fixed costs associated with glass production dictating that small changes in output can substantially impact profitability.
Enterprises
Number of businesses in 2024
Biggest companies in the Glass & Glass Product Manufacturing in Lithuania
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Glass & Glass Product Manufacturing in Lithuania industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Glass & Glass Product Manufacturing industry in Lithuania in 2024?
The market size of the Glass & Glass Product Manufacturing industry in Lithuania is €192.2m in 2024.
How many businesses are there in the Glass & Glass Product Manufacturing in Lithuania industry in 2024?
There are 92 businesses in the Glass & Glass Product Manufacturing industry in Lithuania, which has declined at a CAGR of 1.7 % between 2019 and 2024.
Has the Glass & Glass Product Manufacturing industry in Lithuania grown or declined over the past 5 years?
The market size of the Glass & Glass Product Manufacturing industry in Lithuania has been declining at a CAGR of 6.2 % between 2019 and 2024.
What is the forecast growth of the Glass & Glass Product Manufacturing industry in Lithuania over the next 5 years?
Over the next five years, the Glass & Glass Product Manufacturing industry in Lithuania is expected to grow.
What does the Glass & Glass Product Manufacturing in Lithuania include?
Flat Glass and Processed Glass are part of the Glass & Glass Product Manufacturing industry.
How competitive is the Glass & Glass Product Manufacturing industry in Lithuania?
The level of competition is moderate and steady in the Glass & Glass Product Manufacturing industry in Lithuania.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
Complementors
Table of Contents
About this industry
Industry definition
The industry includes the manufacturing of glass in all forms, made by any process and the manufacture of articles of glass. Products manufactured include flat glass, toughened flat glass, glass rods, glass mirrors, glass bottles, drinking glasses and glass fibres.
Related Terms
LAMINATED GLASS CULLETTOUGHENED GLASSWhat's included in this industry?
Flat GlassProcessed GlassHollow GlassGlass FibresOther GlassCompanies
Industry Code
231 - Manufacture of glass and glass products in Lithuania
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Performance
Revenue Highlights
Trends
- Revenue
- 2024 Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Glass & Glass Product Manufacturing in Lithuania industry?
Outlook
Analysis
What's driving the Glass & Glass Product Manufacturing in Lithuania industry outlook?
Volatility
Analysis
What influences volatility in the Glass & Glass Product Manufacturing in Lithuania industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Glass & Glass Product Manufacturing in Lithuania industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
Trends in retail drive demand for glassmakers. Food and beverage manufacturers are the largest downstream market for glass product manufacturers, so trends in private consumption dictate output.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Glass & Glass Product Manufacturing in Lithuania industry's products and services performing?
Analysis
What are innovations in the Glass & Glass Product Manufacturing in Lithuania industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Glass & Glass Product Manufacturing in Lithuania industry?
International Trade
Highlights
- Total Imports into Lithuania
- Total Exports into Lithuania
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
The degree of concentration varies depending on the type of operation. Flat glass manufacturing operations are highly concentrated, while glass product manufacturing operations are more fragmented due to the variety of products manufactured.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Glass & Glass Product Manufacturing in Lithuania located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Glass manufacturing is highly regulated. Glassmakers are subject to strict regulations relating to production safety standards, environmental regulations and building regulations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Glass & Glass Product Manufacturing in Lithuania industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Soaring energy costs have posed a major threat to bottom lines. Huge increases in wholesale energy prices have placed significant pressure on glassmakers, with many forced to hike prices to maintain output.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Glass & Glass Product Manufacturing in Lithuania industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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