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2025 U.S. Industry Statistics & Market Forecast - Glass Product Manufacturing Made of Purchased Glass


Market Size & Industry Statistics

The total U.S. industry market size for Glass Product Manufacturing Made of Purchased Glass: Industry statistics cover all companies in the United States, both public and private, ranging in size from small businesses to market leaders. In addition to revenue, the industry market analysis shows information on employees, companies, and average firm size.

Investors, banks, and business executives use growth rates and industry trends to understand the market outlook and opportunity.

Glass Product Manufacturing Made of Purchased Glass market size 2025
Charts and graphs can be copied to Microsoft Word and Powerpoint presentations.

Statistics        2020        2021        2022        2023        2024
Market Size
(Total Sales/Revenue)


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Total Firms
Total Employees
Average Revenue Per Firm
Average Employees Per Firm
Average Revenue Per Employee
Statistics Source: U.S. Census, AnythingResearch Analysis of Federal Data



Market Forecast

Market forecasts show the long term industry outlook and future growth trends. The following extended five-year forecast projects both short-term and long-term trends.



Glass Product Manufacturing Made of Purchased Glass market forecast 2024-2028


Forecast / Industry Outlook 2025 2026 2027 2028 2029
Market Forecast ($ millions)
Projected Industry Growth Rate (%)
Source: AnythingResearch Economic Analysis

Industry Insights

Major trends affect the Glass Product Manufacturing Made of Purchased Glass industry include:
  1. Increasing demand for sustainable and eco-friendly glass products
  2. Advancements in glass technology, enhancing functionality and durability
  3. Growing preference for energy-efficient glass in building and construction
  4. Rise in customization and personalization of glass products
  5. Expansion of e-commerce and direct-to-consumer sales platforms
  6. Fluctuations in raw material costs impacting production expenses
  7. Stringent environmental regulations driving innovation in recycling processes
  8. Integration of smart glass technologies in automotive and architectural applications
  9. Shift towards lightweight and safety glass in various sectors
  10. Increased investment in R&D to explore novel glass composites and applications
  11. Impact of global trade tensions on supply chain and material sourcing


U.S. Geographic Distribution: Revenue Statistics by State

Market Size by State ($ millions) indicates how the industry's competition is distributed throughout the country. State-level information can identify areas with higher and lower industry market share than average.

U.S. map by state

Income Statement (Average Financial Metrics)

Financial metrics provide a snapshot view of a benchmark "average" company. Key business metrics show revenue and operating costs. The data collected covers both public and private companies.

Industry Average Percent of Sales
(Industry Benchmark)
Total Revenue

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Operating Revenue
Cost of Goods Sold
Gross Profit

Operating Expenses
Pension, profit sharing plans, stock, annuity
Repairs
Rent paid on business property
Charitable Contributions
Depletion
Domestic production activities deduction
Advertising
Compensation of officers
Salaries and wages
Employee benefit programs
Taxes and Licenses
Bad Debts
Depreciation
Amortization
Other Operating Expenses
Total Operating Expenses
Operating Income
Non-Operating Income
EBIT (Earnings Before Interest and Taxes)
Interest Expense
Earnings Before Taxes
Income Tax
Net Profit
Net Income
 
Source: AnythingResearch Analysis of U.S. federal statistics




Financial Ratio Analysis

Financial ratio information can be used to benchmark how a Glass Product Manufacturing Made of Purchased Glass company compares to its peers. Accounting statistics are calculated from the industry-average for income statements and balance sheets.

Profitability & Valuation RatiosIndustry Average
Company valuation can be measured based on the firm's own performance, as well as in comparison against its industry competitors. These metrics show how the average company in the Glass Product Manufacturing Made of Purchased Glass industry is performing.
Profit Margin
Gross Profit Margin, Operating Profit Margin, and Net Profit Margin. Show company earnings relative to revenues.
Return on Equity (ROE)
Return on Equity (ROE) is net income as a percentage of shareholders' equity. Shareholders' Equity is defined as the company's total assets minus total liabilities. ROE shows how much profits a company generates with the money shareholders invested (or with retained earnings).
Return on Assets (ROA)
Return on Assets (ROA) is net income relative to total assets. The market research on Glass Product Manufacturing Made of Purchased Glass measures how efficiently the company leverages its assets to generate profit. ROA is calculated as Net Income divided by Total Assets.


Liquidity RatiosIndustry Average
Bankers and suppliers use liquidity to determine creditworthiness and identify potential threats to a company's financial viability.
Current Ratio
Measures a firm's ability to pay its debts over the next 12 months.
Quick Ratio (Acid Test)
Calculates liquid assets relative to liabilities, excluding inventories.


Efficiency Ratios - Key Performance IndicatorsIndustry Average
Measure how quickly products and services sell, and effectively collections policies are implemented.
Receivables Turnover Ratio
If this number is low in your business when compared to the industry average in the research report, it may mean your payment terms are too lenient or that you are not doing a good enough job on collections.
Average Collection Period
Based on the Receivables Turnover, this estimates the collection period in days. Calculated as 365 divided by the Receivables Turnover
Inventory Turnover
A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort.
Fixed-Asset Turnover
Generally, higher is better, since it indicates the business has less money tied up in fixed assets for each dollar of sales revenue.



Compensation & Salary Surveys for Employees

Compensation statistics provides an accurate assessment of industry-specific jobs and national salary averages. This information can be used to identify which positions are most common, and high, low, and average annual wages.

TitlePercent of WorkforceBottom Quartile Average (Median) SalaryUpper Quartile
Management Occupations 5%

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Chief Executives0%
General and Operations Managers3%
Office and Administrative Support Occupations 8%
Construction and Extraction Occupations 8%
Construction Trades Workers 7%
Installation, Maintenance, and Repair Occupations 7%
Production Occupations 34%
Other Production Occupations 24%
Miscellaneous Production Workers 8%
Molders, Shapers, and Casters, Except Metal and Plastic 6%
Transportation and Material Moving Occupations 28%
Motor Vehicle Operators 19%
Driver/Sales Workers and Truck Drivers 19%
Heavy and Tractor-Trailer Truck Drivers 19%
Material Moving Workers 8%
Laborers and Material Movers 5%
Source: Bureau of Labor Statistics


Glass Product Manufacturing Made of Purchased Glass Competitor Landscape & Key Companies [PREMIUM]

The most influential companies in the Glass Product Manufacturing Made of Purchased Glass industry and adjacent industries either have large market share or are developing new business models and methods that could disrupt the status quo. We look at leading and emerging companies in the Glass Product Manufacturing Made of Purchased Glass industry and adjacent sectors:

Market Leaders:
Direct Competitors

Companies with the largest market share, focused in this industry
Market leaders:
Diversified Competitors

Largest companies that have diversified operations in this and other industries
Innovators:
Direct Competitors

Innovative, Emerging, and Disruptive Companies that may influence the future direction of the industry.
Innovators:
Diversified Competitors

Innovators and Disruptors in adjacent industries that may also affect the Glass Product Manufacturing Made of Purchased Glass industry.
Source:
IncFact


Latest Industry News

  • Apple partners with Corning to bring 100% of glass production for iPhones and watches to Kentucky - Apple says it will partner with a Kentucky manufacturer to produce all of the glass on its iPhones and other products in the Bluegrass State. (08/07/2025)
  • Tim Cook gifts Trump with ‘unique unit of one’ etched plaque with a 24K gold base - At the White House on Wednesday, Apple’s CEO presented President Donald Trump with a gift to commemorate the announcement of the Apple American Manufacturing Program. (08/07/2025)
  • Corning Inc. to manufacture all cover glass used on Apple iPhones, Watches worldwide - All cover glass used on iPhones and Apple Watches sold around the world will be made in the U.S. for the first time. (08/07/2025)
  • Made in Kentucky: Apple makes major investment in glass manufacturing - "Since the creation of Apple's U.S. Advanced Manufacturing Fund in 2017, Apple has invested nearly $500 million in Corning's Kentucky operations, with billions spent on glass manufactured in the U.S.," the news release added. (08/07/2025)
  • Corning Stock Jumps After Apple Pledges $2.5B For US Glass Expansion — But Past ‘Made In USA’ Claims Come Under Scrutiny - Apple CEO Tim Cook has announced a new $2.5 billion commitment to produce 100% of the iPhone and Apple Watch cover glass in the U.S. However, a prominent tech columnist has raised questions about the credibility of its previous claim to have 100% made-in-U. (08/07/2025)
  • Apple Shifts All iPhone and Watch Glass Production to the U.S. - Apple and glass-maker Corning are taking their partnership to the next level. The two companies announced that 100% of the cover glass for all iPhones and Apple Watches sold worldwide will now be made in Harrodsburg, (08/07/2025)
  • Apple and Corning to manufacture 100% of iPhone and Apple Watch cover glass in Kentucky - The $2.5 Billion commitment is part of a major expansion to ensure for the first time, all of their cover glass will be produced in the U.S. (08/07/2025)
  • Apple announces $2.5 billion investment to make all glass for iPhones, Apple Watches in KY - The $2.5 billion investment will bring all cover glass production for iPhone and Apple Watch units to Corning’s Harrodsburg, Kentucky facility. (08/07/2025)
  • Every iPhone and Apple Watch sold worldwide will ‘soon’ have a US-made cover glass - Apple will expand its partnership with Corning to produce 100% of iPhone and Apple Watch cover glass in Kentucky. Here are the details. (08/06/2025)
  • Michigan glass fabricator to close after sale to competitor: What happened - When Midwest Glass in Highland Township was sold to Dallas-based Oldcastle BuildingEnvelope, the purchaser said the sale would be good for all. (07/22/2025)




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