Interior Glass Market to Reach $1.3 Billion, Globally, by 2030 at 7.1% CAGR: Allied Market Research

News provided by

Aug 23, 2024, 03:50 ET

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.

Similar Reports:

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
[email protected]
Web: www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
Blog: https://www.newsguards.com/
Follow Us on | Facebook | LinkedIn | YouTube |