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Glass & Glass Product Manufacturing in Serbia - Market Size, Industry Analysis, Trends and Forecasts (2024-2029)

RS-C231 June 2024 Factsheet

Revenue

€60.5m

2019-2024 8.0 %
2024-2029 X.X %

Employees

3,255

2019-2024 13.3 %
2024-2029 X.X %

Businesses

74

2019-2024 1.4 %
2024-2029 X.X %

Wages

€XX.Xm

2019-2024 X.X %
2024-2029 X.X %

Glass & Glass Product Manufacturing in Serbia market size outlook

Total value and annual change from from 2014-2029. Includes 5-year outlook.

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About Factsheets

Industry Statistics and Rankings

How does this industry perform in Serbia compared to Europe?

Country Benchmarking

Industry Data Serbia

Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.

Revenue
#30 In Europe
Business
#27 In Europe
Employees
#20 In Europe
Wages
#30 In Europe

The Glass & Glass Product Manufacturing in Serbia ranks 30 in Europe with regards to its 2024 revenue (€60.5m). Revenue received by operators in Serbia has been low in volatility over the past five-year period, with the average annual change in revenue (8.0 %) most comparable to...

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Enterprises
Number of businesses in 2024

Revenue per Enterprise
Value (€ Million) in 2024

Top Questions Answered in this Report

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What is the market size of the Glass & Glass Product Manufacturing industry in Serbia in 2024?

The market size of the Glass & Glass Product Manufacturing industry in Serbia is €60.5m in 2024. 

How many businesses are there in the Glass & Glass Product Manufacturing in Serbia industry in 2024?

There are 74 businesses in the Glass & Glass Product Manufacturing industry in Serbia, which has grown at a CAGR of 1.4 % between 2019 and 2024.

Has the Glass & Glass Product Manufacturing industry in Serbia grown or declined over the past 5 years?

The market size of the Glass & Glass Product Manufacturing industry in Serbia has been declining at a CAGR of 1.4 % between 2019 and 2024. 

What is the forecast growth of the Glass & Glass Product Manufacturing industry in Serbia over the next 5 years?

Over the next five years, the Glass & Glass Product Manufacturing industry in Serbia is expected to decline.

What are the biggest companies in the Glass & Glass Product Manufacturing market in Serbia?

The biggest companies operating in the Glass & Glass Product Manufacturing market in Serbia are Saint-Gobain SA, Ardagh Group SA and Turkiye Sise Ve Cam Fabrikalari AS

What does the Glass & Glass Product Manufacturing in Serbia include?

Flat Glass and Processed Glass are part of the Glass & Glass Product Manufacturing industry.

Which companies have the highest market share in the Glass & Glass Product Manufacturing in Serbia?

The company holding the most market share in Serbia is Saint-Gobain SA.

How competitive is the Glass & Glass Product Manufacturing industry in Serbia?

The level of competition is moderate and steady in the Glass & Glass Product Manufacturing industry in Serbia.

Related Industries

This industry is covered in 37 countries

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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.

What's included in this industry?

Flat GlassProcessed GlassHollow GlassGlass FibresOther Glass

Industry Code

ISIC 2006

231 - Manufacture of glass and glass products in Serbia

Performance

Revenue Highlights

Trends
  • Revenue
  • 2024 Revenue CAGR
  • Revenue Volatility

Employment Highlights

Trends
  • Employees
  • Employees per Business
  • Revenue per Employee

Business Highlights

Trends
  • Businesses
  • Employees per Business
  • Revenue per Business

Current Performance

Charts
  • Revenue in the Glass & Glass Product Manufacturing in Serbia
  • Employees in the Glass & Glass Product Manufacturing in Serbia
  • Business in the Glass & Glass Product Manufacturing in Serbia
  • Profit in the Glass & Glass Product Manufacturing in Serbia

Current Performance

Analysis

How does this country's performance compare to Europe?


Life Cycle

Charts
  • Industry Life Cycle Matrix

Products and Markets

Highlights

Trends
  • Largest Market
  • Product Innovation

International Trade

Heat maps
  • Industry Concentration of Imports by Country
  • Industry Concentration of Exports by Country

Competitive Forces

Highlights

Trends
  • Concentration
  • Competition
  • Barriers to Entry
  • Substitutes
  • Buyer Power
  • Supplier Power
ANALYSIS

What is the competitive landscape in Europe?

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.

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External Drivers

Analysis

What demographic and macroeconomic factors impact the Glass & Glass Product Manufacturing in Serbia 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.

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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 Serbia 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. 

IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools.

To learn more about specific data sources used by IBISWorld's analysts globally, including how industry data forecasts are produced, visit our Help Center.