Key Market Indicators
The glass market in the Philippines is set to reach nearly $500 million by 2026, a 3.1% growth year-on-year from 2021. Since 2001, demand has risen by 7.4% year-on-year. In 2021, the country ranked 35th, overtaken by Saudi Arabia at $403.7 million. China, Germany, and France ranked second, third, and fourth, respectively. Filipina glass exports are expected to reach $95.9 million by 2026, a 0.2% growth year-on-year from 2021. Since 2001, the supply has increased 15.4% year-on-year. In 2021, the country ranked 51st, with Ireland ahead at $94.6 million. Germany, the United States, and France ranked second, third, and fourth, respectively.