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CRYSTAL GLASS INDUSTRY

Tuesday, March 31, 2015

Crystal is broadly demanded as gift item and appreciated by people of all age groups. Be it any occasion big or small, these gift items can easily make these moments more memorable. Some of the popular gifts items made of Crystal are laser engraved images, Clocks and Watches, Bowls, Vases, Dinner or Wine Serving Sets, Desktop or Table Top Decoration Items, Decanters, Tankards and the likes.

Lead crystal glass has many uses in various industries, with applications ranging from its use as table glassware to shielding healthcare and scientific workers from radiation. The most common uses of lead crystal glass are drinking glasses, ornaments, decanters, jewellery, optical lenses, enamels and lacquers, glass sealants and solders and radiation shielding from gamma and x-rays.

Leading Brands

Crystal d' Arques, Luminare, Soga, Solitaire, Royal Crystals, Galway Irish Cryst, Avante Garde, Swarovski

Demand : Past & Future

Year                Rs bn

2000-01         1.92

2001-02         2.10

2002-03         2.32

2003-04         2.55

2004-05         2.78

2005-06         3.05

2006-07         3.32

2007-08         3.72

2008-09         4.16

2009-10         4.66

2010-11         5.22

2011-12         5.85

2012-13         6.56

2013-14         7.35

2014-15         8.26

2019-20         14.8

Leading Players

Company                      Share (%)

Jai Mata Glass                  65

Hitkari La Opala       

Swarvouski   

Imports                              25

 

Strategic Alliences

Company       Collaboration

Hitkari            Doosan Group, South Korea

Jai Mata          Royal Crystal Roch, Italy

Source: NPCS Team


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