Report Code: A14584 | Pages: NA | Apr 2023 | 1373 Views | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Glass Logistics Market
Request Now !Glass logistics refers to the transportation and storage of glass as well as value-added services (VAS) provided by logistic companies to glass manufacturers such as packaging, tracking, glass cutting, and other IT-related services. The global glass market is expanding significantly due to the increase in demand for glass in different industries such as construction, automotive, and solar energy. Glass has seen increased application in a variety of sectors in recent years. For example, flat glass is used in the automotive, construction, and solar industries and container glass is used in the pharmaceutical and food & beverage industries. The increase in use of toughened glass in automobile windshields has driven the growth of the flat glass market. Thus, this higher consumption is expected to drive the growth in the glass logistics industry during the forecast period.
COVID-19 Impact Analysis
The COVID-19 outbreak has widely disrupted the global logistics industry, negatively affecting the growth of the glass logistics industry. It has resulted in shut down of manufacturing facilities and decline in the sales volume. Furthermore, due to the globe trade restrictions, trading has proven to be difficult, declining the growth of the offline mode of the logistics industry across the globe. These expected restrictions, will adversely affect the global glass logistics industry. Companies are taking precautionary measures to combat the adverse effects of the outbreak and help people with their services.
Top Impacting Factors
Market Trends
Adoption of Blockchain Logistics System in Glass Transportation
Companies in the glass transportation market are implementing innovative technologies to improve efficiency and reduce transportation costs. The blockchain logistics system is one of these technologies. A blockchain is a distributed ledger technology that can securely and permanently record transactions between parties. Blockchain eliminates the need for intermediaries who were previously required to functions trusted third parties to verify, record, and coordinate transactions by ‘sharing’ databases between multiple parties. Thus, the use of blockchain in the glass logistics industry will make the transportation of glass more transparent and efficient. The system can seamlessly integrate technology to facilitate transportation, checkout, and transportation details to assists the industry run smoothly. Blockchain applications for logistics can provide energy, financial and environmental advantages. Furthermore, blockchain can save costs by supporting more agile, more automated, and error-free processes. It not only improves the visibility and predictability of logistics operations, but it can also accelerate the physical flow of glass. The implementation of blockchain technology in the glass logistics industry will have a significant impact. The increasing use of these advanced technologies will allow for better structure operations and will drive market growth in the coming years.
Key Benefits of the Report:
Questions Answered in the Glass Logistics Market Research Report:
Glass logistics Market Report Highlights
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Key Market Players | Odyssey Logistics & Technology Corporation, VAN HUËT, Nijman/Zeetank, Lannutti Spa, Auto glass logistics, Saint-Gobain Glass Logistics, Kerry Logistics Network Ltd, AGC Inc., Emons Group, Bonded Logistics Inc, sedak GmbH & Co. KG, Stölzle-Oberglas Gmbh |
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