Decorative Flat Glass Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Type (Colored/Coated Glass, Etched Glass, Laminated Glass, Others), By Application (Residential, Commercial), And By Geography- Forecasts From 2022 To 2027

The decorative flat glass market is expected to surge with a CAGR of 5.40% to achieve a market size of US$3.717 billion by 2027, from US$2.571 billion in 2020.

Rising demand for home décor is the major driver of the decorative flat glass market.

Rising production of lightweight, non-fragile decorative glass is further supporting its growing adoption, thus positively impacting the growth of the decorative flat glass market. This is mainly due to the fact that architects and designers are continuously seeking new and creative ways to incorporate decorative glass into their project designs to enhance their aesthetic appeal. Additionally, with the growing green building construction, decorative glass holds strong market potential, burgeoning the market demand for decorative flat glass in the forecast period and in the upcoming years.

Growing green building construction is driving the market demand

There is a high demand for green building construction worldwide. Moreover, the government is emphasizing green construction, hence, this is providing a huge opportunity for the market to thrive in the forecast period. Additionally, with consumers around the globe realizing the benefits of green buildings and valuing eco-friendly techniques and solutions for the construction of residential, commercial, and industrial buildings, this contributes toward energy efficiency and cost-efficiency, and sustainability is expected to drive the market demand. The growing consumer demand for green building construction has paved the path for technological advancements and innovations, fueling the market’s growth in the forecast period. With this surge in demand for green buildings, manufacturers worldwide are working on bolstering their research and development activities in order to deliver high-quality products, enhancing their product portfolio for varied end-use customers. The use of decorative glass may prove to be an excellent way to utilize daylight in a controlled manner. Other possible applications include indoor green spaces, acoustic control where laminated glass is better in performance than monolithic glass, interior sun shading; and providing improved visual comfort.

Furthermore, green construction involving green materials might be expensive at the initial level, but in the long run, it would contribute to being highly cost-efficient. Hence, owing to the future benefits of providing greater cost-efficiency than traditional non-green construction materials, green buildings are gaining popularity with time and are considered to be more economical.

Geographically, Asia Pacific is expected to hold a significant market share with rising disposable income and changing living conditions.

The growing demand for innovative architectural designs is favouring the demand for the use of decorative glass, fueling the market growth in the forecast period in the APAC region. This increasing demand for decorative glasses can be attributed to rising disposable income, urbanization, and the adoption of modern living conditions. According to the United Nations ESCAP, the Asia Pacific region will become majority urban in the year 2019 for the first time in human history. Over 2 billion individuals are living in the cities and this is creating a need for sustainable urban development in the forecast period and in the upcoming years. The cities in 2030, 2050, and 2100 will be completely transformed from what they are now according to the demographic composition, and the way, technology is being implemented. Hence, the vendors must evolve as per the changing consumer behaviour with the rapidly growing middle-class population and increasing family income. This is further contributing to the growth in the GDP. In 2020, Asia’s GDP is expected to overtake the combined GDP of the rest of the countries in the world (source: World Economic Forum).

China, India, Japan, and Indonesia are among the top 12 countries of the world contributing to the global GDP. With a highly fragmented consumer base, India is considered among the largest glass consumers in construction, the glass market is gaining momentum showing strong growth prospects for decorative flat glass in the forecast and in the coming years. Also, with significant advancements in technology, the market in the APAC region will continue to proliferate in the upcoming years as well.

Key developments in the market

• In May 2022, Dellner Glass Solutions, a UK-based leading glass and polymer solutions, announced the acquisition of Armour Systems' European and UK manufacturing licenses exclusively for its showcase products. According to the agreement, the Nova, Vision, and Proframe, three Armour Systems showcase ranges, will be sold under the Dellner Glass Solutions brand and produced by two groups: Dellner-Romag Ltd., a specialist, laminated glass processor, from its 70,000 square foot plant in Consett, and Percy Lane Products Ltd. from its 90,000 square foot factory in Tamworth. 
• In December 2021, AGC Glass Europe, a European producer of flat glass, and Deceuninck, a company that specializes in the research and production of PVC and aluminium window and door profiles, entered into a strategic partnership. Incorporating the former's Fineo vacuum glass into the latter's PVC and aluminium profiles of the Elegant and Decalu series, respectively, is made possible by the combination's new inventive ideas. The Fineo vacuum glazing, which has only two panes of glass but a thickness as low as 6 mm, offers a solution with qualities that are comparable to and even better than those of triple glazing. This Fineo glazing uses fewer raw resources, is significantly lighter, and is completely recyclable.
• In June 2019, the National Glass Association launched a Glass & Glazing Design Academy for industry professionals and architects in collaboration with Architectural Record. The courses, which were created by volunteers from the NGA and its members, include a variety of subjects, such as insulating glass, laminated glass, protective glazing, fire-rated glazing, ornamental glass, and more.

COVID-19 Insights:

COVID-19 had a significant impact on the global decorative flat glass market. The mandated lockdown enforced by multiple governments led to the closure of several manufacturing facilities, decreasing productivity. At the same time, the restrictions imposed on travelling across borders disrupted the supply chain, affecting imports and exports across the globe. Additionally, owing to the halt in multiple residential and commercial construction projects, the market growth for the decorative flat glass market slowed down. 

Decorative Flat Glass Market Scope:

Segmentation:

• By Type
  • Colored/Coated Glass
  • Etched Glass
  • Laminated Glass
  • Others
• By Application
  • Residential
  • Commercial
• By Geography
  • North America
    • USA
    • Canada
    • Mexico
  • South America
    • Brazil
    • Argentina
    • Others
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Others
  • Middle East and Africa
    • UAE
    • Saudi Arabia
    • Others
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • South Korea
    • Thailand
    • Taiwan
    • Others

SCHOTT AG

Saint-Gobain group

Nippon Sheet Glass Co., Ltd

Hartung Glass Industries

Bendheim

Guardian Glass (Koch Industries, Inc.)

Novalglass

AGC Inc.

Dlubak Specialty Glass Corporation

Standard Bent Glass Co