Do not miss our special. Click here


Glass Industry News

Italian glass machinery on upward trend in 2016

, Glass International

For the seventh consecutive year, the Italian glass flat and hollow glass machinery industry remained on a growth trend. More specifically, in 2016 overall sales increased by 5.9% from 2015.

Flat Glass recorded outstanding growth and was up 7.5% from the year before (when it rose by 6.7% from 2014), while Hollow Glass remained on the positive side with a 1.05% increase, despite a slight decrease vs the previous year, when it rose by 3.0% over 2014. 

The figures were released at Italian association Gimav’s annual meeting where it shared the data in a report. The report, titled “The Italian industry of glass processing machinery, systems, accessories and special products in 2016” provides an annual snapshot of the industry.

Interestingly, the trade balance reached €947 million, a 6.63% increase from 2015.

Gimav’s President, Aldo Faccenda, and its Director, Laura Biason, stated:  “This indicator clearly highlights this sector’s uncanny ability to rebound from the effects of the economic-financial crisis that plagued the world, and long lingered in Italy.

“Today, at least for the glass machinery sector, we can say the crisis is over. The numbers show we are back where we were in 2008, and we are extremely pleased by it.”

Historically, exports have been the crowning jewel of the Italian glass machinery industry. In 2016 exports increased by 5.39% overall, with flat glass soaring by 7.93%, and hollow glass by 1.21%.

The European Union remained the primary export destination for Italian glass processing machinery, accessories and special products, with a 43% share of global market sales.

Made-in-Italy machinery was also popular in the USA, South America and, surprisingly, China, while Russia and Brazil also picked up pace.

Laura Biason said:  “Awareness of the ‘total cost of ownership’, meaning the importance of considering the overall cost of the product/machinery, is spreading across the Italian and global corporate culture.

"Figures indicate that Italian machinery is starting to be perceived as being extraordinary value-added.

“In fact, although the initial purchase price may be higher, these machines last longer, require less maintenance, are customised, and perform work of excellent quality.

"They are an investment that costs less in the long term, and is more valuable.”

, Glass International

News material on the Site is copyright and belongs to the Company or to its third party news provider, and all rights are reserved. Any User who accesses such material may do so only for its own personal use, and the use of such material is at the sole risk of the User. Redistribution or other commercial exploitation of such news material is expressly prohibited. Where such news material is provided by a third party, each User agrees to observe and be bound by the specific terms of use applying to such news material. We do not represent or endorse the accuracy or reliability of any of the info contained in any news or external websites referred to in the news.

Should the content or the design of these sites violate third parties rights or legal prescriptions, we kindly ask you to send us a respective message without invoice or cost. We guarantee that passages where the claim is considered as justified will be removed immediately, without any necessity to involve any lawyer into this issue. We will reject any claim caused by submission of a honorary note in this regard without any prior contact and confirmation of the issueby us and we reserve the right ssue counter claim ourselves because of violation of aforesaid conditions.



Info Grid

Glass studies

Updated worldwide glass study 2020

plants.glassglobal.com

Updated hollow glass study 2020

Request more information

Updated float glass study 2020

Request more information

Company Profile



Updated worldwide glass market study 2020 available now for flat, container glass and tableware

We have updated our international studies on flat glass, container glass and tableware for 2020.

This unique software provides a global overview about glass producers and technical details. Easy to use and clear tables summarize information and data about glass makers such as: Glass types: flat glass, container glass, tableware, production capacities in regions and countries, number of furnaces, furnace types, year of construction, glass types and sub-types, products, project information, special news and downloads.

Further databases supplying demoscopic data and import and export data complete the market survey. Based on these data, prepare individual country profiles with information about local production capacities, local market sizes and expected demand in the future.

Request your offer via plants.glassglobal.com.

Updated Hollow glass study 2020

X

Updated Float glass study 2020

X