Glass molding is the process of shaping molten glass into a specific shape or design. It is typically achieved by blowing air into the molten glass while it is in a mold. Glass molding is used to make a variety of glass products such as drinking glasses, bottles, and decorative pieces.
This growth can be attributed to the increasing demand for glass products in the residential and commercial sectors. The growing demand for green building materials is also expected to drive the demand for glass molding products. Additionally, the rising need for energy efficient glass products is expected to drive the market growth.
The increasing popularity of glass packaging as a sustainable and safe option is also expected to drive the growth of the glass molding market. Furthermore, the growing trend of using glass for decorative purposes is expected to create opportunities for the market players.
The global Glass Mold market was valued at US$ 531.7 million in 2022 and is anticipated to reach US$ 731.2 million by 2029, witnessing a CAGR of 4.6% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Glass Mold Market available at: https://www.themarketreports.com/report/global-glass-mold-market-research-report
This report aims to provide a comprehensive presentation of the global market for Glass Mold, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Glass Mold.
For the major players of Glass Mold, Omco International maintained its first place in the ranking in 2019. Followed by Ross International, Jianhua Mould, ORI Mould and RongTai mould. The Top 5 players accounted for 44% of the Global Glass Mold revenue market share in 2019.
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