The Glass Industry Must Meet a 60% Glass-Recycling Target by 2008 under the EU Packaging and Packaging Waste Directive; Research and Markets: Glassware Market Report 2004.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com) has announced the addition of Glassware Market Report 2004 to their offering. This report provides an analysis of the UK Glassware Industry and includes the following information: - Executive Summary - Contents - Market Definition - Market Size - Industry Background - Competitor Analysis Competitor analysis in marketing and strategic management is an assessment of the strengths and weaknesses of current and potential competitors. Created by Michael Porter competitor analysis focuses on four key aspects: competitor's objectives, competitor's assumptions, - Strengths, Weaknesses, Opportunities and Threats - Buying Behaviour - Current Issues - The Global Market - Forecasts - Company Profiles - Further Sources In 2002, the value of the hollow glassware market in the UK was GBP GBP In currencies, this is the abbreviation for the British Pound. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. 477.8m. The sectors covered are soda-lime glass Soda-lime glass is the most prevalent type of glass. It can be processed so inexpensively that it is used for windowpanes and bottles. Soda-lime glass can be created by melting a mixture of silicon dioxide, sodium carbonate, and either calcium carbonate or calcium oxide. , crystal glass and heat-resistant glass. Household penetration of glassware is high with over three-quarters (75.8%) of UK households possessing at least some glassware. Replacement is fairly frequent, keeping the market buoyant, but the availability of cheap, functional glassware means that value growth of retail sales is limited. At the other end of the price spectrum, demand for fine crystal is erratic with fewer people now seeing crystal stemware stem·ware n. Glassware mounted on a stem with a broad base. as relevant to their lifestyles. Nevertheless, attempts to modernise the image of crystal ware by introducing contemporary designer collections have met with some success. There have been several casualties in UK glassware manufacturing in recent years. In April 2004, it was confirmed that Edinburgh Crystal Edinburgh Crystal is a world-famous, high quality, cut glass manufactured since 1867. In addition to drinking glasses, Edinbugh Crystal have made decanters, bowls, baskets, and bells. These come in several ranges. Glass Company Ltd had acquired Caithness Glass Ltd from the receivers for an undisclosed sum, but not before one of its factories had been closed. Caithness Glass blamed changing market conditions, particularly cheap imports from the Czech Republic Czech Republic, Czech Česká Republika (2005 est. pop. 10,241,000), republic, 29,677 sq mi (78,864 sq km), central Europe. It is bordered by Slovakia on the east, Austria on the south, Germany on the west, and Poland on the north. , for its recent difficulties. The UK glass manufacturing industry, as in other UK manufacturing sectors, is renowned for its quality and has a number of prestigious brands with traditions spanning centuries. However, the UK industry remains hard-pressed to compete with the low overheads of overseas operators. While most households would regard some glassware as a necessity, any drop in disposable household income rapidly affects expenditure on such items. Many economists argue that the days of low inflation and cheap borrowing are now in the past. There have been four rises in interest rates since November 2003 and it seems likely that the base rate will be at least 5% by the end of 2004. These are hardly the double-digit figures seen in the past but high enough to cause a problem for some consumers who may have overstretched o·ver·stretch v. o·ver·stretched, o·ver·stretch·ing, o·ver·stretch·es v.tr. 1. To stretch excessively; overstrain. 2. To stretch or extend over. v.intr. their budgets. Higher oil prices immediately affect the consumer's wallet in that transport and factory running costs running costs npl [of business] → gastos mpl corrientes [of car] → gastos mpl de mantenimiento running costs npl [of business spiral and need to be recouped from the end user of goods and services In economics, economic output is divided into physical goods and intangible services. Consumption of goods and services is assumed to produce utility (unless the "good" is a "bad"). It is often used when referring to a Goods and Services Tax. , who is also paying more to fill his car with petrol. It seems inevitable, therefore, that household expenditure on items such as tableware will suffer as people pay more for necessities and, for this reason, growth in the value of retail sales of glassware as covered by this report is expected to be modest. In common with other industries, glassware manufacturing faces the challenges of increasing globalisation, possible problems with the cost and accessibility of energy and raw materials and the need to meet environmental demands cost-effectively. Of particular importance is the issue of recycling. The glass industry must meet a 60% glass-recycling target by 2008 under the EU Packaging and Packaging Waste Directive. Although levels of recycling have improved, the UK still lags behind other European countries in its recycling efforts and it is generally accepted that more must be done to encourage the UK public by providing a greater number of bottle banks and kerbside collections Kerbside collection (UK) or curbside recycling (US) is the practice of collecting household waste. It is most commonly referred to as a strategy of local authorities to collect recyclable items from the household alongside normal mixed waste collections. and by communicating the message that glass is infinitely recyclable. |
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