The growth in both commercial and residential construction
sectors, coupled with evolving architectural trends and design
preferences, is driving significant demand for interior glass
solutions. Interior glass elements such as floor-to-ceiling
windows, glass staircases, and glass balustrades, play a crucial
role in realizing these architectural visions, creating homes that
feel expansive, inviting, and connected to nature.
WILMINGTON, Del., Aug. 23, 2024 /PRNewswire/ -- Allied Market
Research published a report, titled, "Interior Glass
Market by Product Type (Movable Partition Glass,
Sliding Doors Glass, Demountable Glass, Acoustical Glass, and
Others) and Application (Commercial Buildings, Institutional
Buildings, Industrial Buildings, and Others): Global Opportunity
Analysis and Industry Forecast, 2024-2033". According to the
report, the interior glass market was valued at $0.8 billion in 2023, and is estimated to reach
$1.3 billion by 2030, growing at a
CAGR of 7.1% from 2024 to 2030.
Prime determinants of growth
The global interior glass market is experiencing growth due to
several factors such as surge in commercial and residential
construction and architectural trends and design preferences.
However, installation challenges and labor costs hinder market
growth to some extent. Moreover, sustainable interior design
solutions present additional opportunities for interior glass
market. As environmental concerns become more prominent, both
consumers and businesses are seeking eco-friendly solutions for
their spaces. Interior glass offers a sustainable alternative to
traditional building materials such as wood and metal due to its
energy-efficient properties and recyclability. Moreover, interior
glass offers versatility in design, allowing for the creation of
visually stunning and functional spaces that align with sustainable
principles.
Download Sample Pages of Research Overview:
https://www.alliedmarketresearch.com/request-sample/A323752
Report coverage & details:
Report
Coverage
|
Details
|
Forecast
Period
|
2024–2030
|
Base Year
|
2023
|
Market Size in
2023
|
$0.8 billion
|
Market Size in
2033
|
$1.3 billion
|
CAGR
|
7.1 %
|
No. of Pages in
Report
|
320
|
Segments
Covered
|
Product Type,
Application, and Region.
|
Regional
Scope
|
North America, Europe,
Asia Pacific, LAMEA
|
Country
Scope
|
U.S., Canada; Mexico;
Germany; UK; France; Italy; Spain; China; Japan; India; South
Korea; Australia; Brazil; Saudi Arabia; South Africa
|
Drivers
|
Growth in commercial
and residential construction
Architectural trends
and design preferences
|
Opportunity
|
Sustainable interior
design solutions
|
Restraint
|
Installation challenges
and labor costs
|
Movable partition glass segment maintains its dominance by
2033
By product type, the movable partition glass segment held the
highest market share in 2023 and is estimated to maintain its
leadership status throughout the forecast period. The trend towards
open-plan layouts in both commercial and residential settings has
heightened the demand for movable partition glass. Open layouts
offer benefits such as improved communication, collaboration, and
natural light penetration. Movable partition glass provides a
flexible solution for dividing large spaces into smaller, more
intimate areas without sacrificing the benefits of an open floor
plan. These partitions are easily maneuvered to create temporary
enclosures for meetings, presentations, or private discussions,
enhancing the functionality and usability of the space.
Commercial buildings segment is expected to lead the trail by
2033
Based on the application, commercial buildings segment held the
highest market share in 2023 and is estimated to dominate during
the forecast period. Sustainability has become a significant
concern in commercial construction, with businesses seeking
eco-friendly solutions to reduce their carbon footprint and
operating costs. Interior glass contributes to green building
initiatives by maximizing daylighting, which reduces the need for
artificial lighting and decreases energy consumption. In addition,
glass is recycled and reused that makes it a more sustainable
alternative to traditional building materials such as concrete or
wood.
Procure Complete Report (320 Pages PDF with Insights, Charts,
Tables, and Figures) @
https://www.alliedmarketresearch.com/checkout-final/interior-glass-market
Asia-Pacific is expected to
grow faster throughout the forecast period
Based on region, Asia-Pacific
was the fastest growing region in terms of revenue in 2023. rapid
urbanization and population growth across Asia-Pacific have spurred a surge in
construction activities, particularly in urban centers where space
is limited, and vertical expansion is the norm. As a result,
there's a growing need for innovative building materials and design
solutions that maximize space efficiency while maintaining
aesthetic appeal. Interior glass, with its ability to create open,
light-filled environments, is increasingly favored by architects
and developers seeking to optimize interior layouts and enhance the
overall user experience in residential, commercial, and
institutional buildings. Furthermore, the rise of smart building
technologies and digitalization in the construction industry is
reshaping the way interior glass is utilized and integrated into
building designs. All these factors are anticipated to offer new
growth opportunities for the global interior glass market in
Asia-Pacific.
Leading Market Players: -
- AGC Inc.
- Saint-Gobain
- Nippon Sheet Glass Co., Ltd.
- PPG Industries
- Asahi Glass Co., Ltd.
- Viracon
- Guardian Industries
- Nana Wall Systems, Inc.
- Lizzanno
- CARVART
Want to Access the Statistical Data and Graphs, Key Players'
Strategies:
https://www.alliedmarketresearch.com/interior-glass-market/purchase-options
The report provides a detailed analysis of these key players in
the global interior glass market. These players have adopted
different strategies such as new product launches, collaborations,
expansion, joint ventures, agreements, and others to increase their
market share and maintain dominant shares in different regions. The
report is valuable in highlighting business performance, operating
segments, product portfolio, and strategic moves of market players
to showcase the competitive scenario.
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