Glass related business
Now-a-days the demand for glass items is increasing day by day. Therefore, there is a good possibility in the business of glassware. There are many items made of glass, in which you can earn a good income by doing business.
In this article I will tell you about 7 profitable glass related business ideas. But before that, know about the glass industry and its demand.
The glass industry can be divided into three parts, mainly on the basis of demand, where their demand is highest. It goes like this – Beverage sector, infrastructure, and real estate sector.
However, the demand for the container glass segment is the highest in the market. Therefore, the largest sales in terms of volume are from the container glass segment.
On the other hand, most of the sales in terms of price are from the float glass segment. About 2/3 of the demand for container glass is in the wine and beer industry alone.
Additionally, it is also in high demand in the food and pharmaceutical industry. In addition, per capita consumption in India has increased from 0.58 kg to 1.1 kg. Therefore, starting a glass related business in India is an economically profitable and lucrative venture for entrepreneurs.
List of 7 profitable glass related business ideas
1. Decorative Mirrors
The demand for decorative mirrors is very good in the Indian market. Usually, these days people buy decorative mirrors not only for daily use, but also use decorative mirrors for decoration purpose. And this product is an essential item in the interior decoration industry. In addition, people use decorative wall mirrors for interior decoration of commercial spaces. Such as office reception, hotel and resort reception area etc.
2. Decorative Glassware & Toys
You can start this business with a small capital investment. Additionally, the manufacturing process is simple. In addition, many different manufacturing processes are available. Such as screen printing, etching methods, sandblasting, carving, cutting etc.
Nowadays the use of fiber glass is increased very much. Today fiberglass is widely used in everything from buildings to airplanes. , It helps in controlling the flow of heat, absorbing sound and avoiding flow of gases and liquids hence it is being used more nowadays. You can start fiber glass business on medium and large scale. However, to be successful in this business, there is a need to develop proper marketing stretegies and proper working system to establish your place in the market.
The demand for glass bottle is the highest in the market. Its demand is mainly in food, beverages and pharmaceutical industry. And its demand is increasing day by day because there are many more liquids which people prefer to keep in glass bottles.
5.Glass Sheet for Window
Glass windows and doors are very popular nowadays. And the demand for doors and windows made from glass sheets is the highest in real estate. Because, this product has replaced the traditional wooden windows. This industry is a medium and large scale business. And this business requires substantial capital investment.
6. Laboratory Glasswares
Glass instruments are used more in any kind of laboratory operation. In addition, glass equipment used in the laboratory breaks quickly due to its delicate properties. So there is always a possibility of new purchases. However, the laboratory glassware industry has a very small market share.
7. Toughened Glass
Hardened glass is much stronger than normal glass. Hardened glass is often used in buildings and homes as doors, ladders, sliding doors, standard windows as well as floor-level windows. In addition, rigid glass is used for shower doors, glass cabinets, glass table-tops, dividers, glass shelves and a chimney.
Rigid glass demand is high in the market, this industry requires a lot of capital to do this, besides, it requires the right skills, knowledge, proper management and the right marketing strategy.
However, to be successful in this business, it is necessary to develop appropriate marketing strategy and proper functioning to establish its place in the market.
We hope that this list of 7 glass-related business ideas will help you start a successful business in the industry.