USD 3.37 billion
Report ID:
SQMIG20B2013 |
Region:
Global |
Published Date: March, 2024
Pages:
202
|Tables:
62
|Figures:
75
Global Patterned Glass Market size was valued at USD 3.37 billion in 2022 and is poised to grow from USD 3.57 billion in 2023 to USD 5.69 billion by 2031, growing at a CAGR of 6% during the forecast period (2024-2031).
Patterned glass is finding increasing application in commercial as well as residential spaces. Also, they have specialized applications and an increasingly diverse range of applications such as shower doors, bathroom windows, and tub enclosures, including frameless shower door interior types, patio furniture, window treatments, foyers and vestibules, lighting fixtures, shelves, and decorations. In addition, prescription glasses are available in an increasing number of patterns, which provide consumers with a greater range of choices and thus favourably impact consumer growth. Special features that differentiate product brands have recently been a key trend in the patterned glass market. Typical glass manufacturers focus on product development that helps launch new products conforming to standard building standards. Major manufacturers of patterned glass are focusing on strengthening the brand value of their products through effective marketing of aesthetic as well as utility features of their products. Rising demand for home decoration is the major driver of the market. Also, growing green building construction is driving the market demand. Government policies on carbon emissions and the transportation of fragile products are major restraints in the global sample market.
US Patterned Glass Market is poised to grow at a sustainable CAGR for the next forecast year.
Global Market Size
USD 3.37 billion
Largest Segment
Residential
Fastest Growth
Residential
Growth Rate
6% CAGR
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Patterned Glass Market is segmented on the basis of end user, application, and region. On the basis of end user, global Patterned Glass Market is segmented into residential and commercial. On the basis of application, global Patterned Glass Market is segmented into interior partitions, interior doors, windows and furniture. On the basis of region, global Patterned Glass Market is divided into North America, Europe, Asia Pacific, Latin America, and MEA.
Patterned Glass Market Analysis by End User
On the basis of end user, global market is segmented into residential and commercial. The residential segment accounted for more than 60% of global patterned glass market and is projected to continue its dominance during the forecast period. Patterned glass is used to reduce heat and glare, filter external noise, increase natural light, provide security or enhance decoration. It is used in various residential applications including doors, windows, partitions, shelves, cabinets, stairs, and balconies.
Patterned Glass Market Analysis by Application
On the basis of application, global patterned glass market is segmented into interior partitions, interior doors, windows and furniture. The window segment was the leading segment with over 25% share of the global market and is projected to maintain its dominance during the forecast period. Rapid growth in the building and construction industry is a major driver of the patterned glass market. Also, window manufacturers are implementing patterned glass in their products. These designs can be combined with specific styles of framing and different frame colours to achieve the desired look. They are durable and available in various textures and colours.
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On the basis of region, global patterned glass market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. Asia Pacific dominated the global market. The region held more than 50% share of the global market. Patterned glass demand is high in the Asia Pacific region, particularly in China, due to an increase in consumption of these products in residential and commercial applications such as offices, malls, hotels & restaurants, and casinos.
Europe accounts for the largest share of revenue in the global patterned glass market and is expected to grow at a significant CAGR during the forecast period. Increasing demand in residential and commercial sectors is driving the growth of the market.
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Patterned Glass Market Driver
Increasing demand for home decoration
Increasing green building construction
Patterned Glass Market Restraint
Government policies on carbon emissions and the transportation of fragile products
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Global patterned glass market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of global patterned glass market. Patterned glass manufacturers are focusing on product development, which helps launch new products per standard building standards. Major manufacturers of patterned glass are focusing on strengthening the brand value of their products through effective marketing of aesthetic as well as utility features of their products.
Patterned Glass Market Top Player's Company Profiles
Patterned Glass Market Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our global patterned glass market analysis, the residential segment accounted for more than 60% of global patterned glass market and is projected to continue its dominance during the forecast period. Asia Pacific held more than 50% share of the global market by region. Patterned glass demand is high in the Asia Pacific region, particularly in China, due to an increase in consumption of patterned glass products in residential and commercial applications such as offices, malls, hotels & restaurants, and casinos. Rising demand for home decoration is the major driver of the patterned glass market. Government policies on carbon emissions and the transportation of fragile products are major restraints in the global market.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 3.37 billion |
Market size value in 2031 | USD 5.69 billion |
Growth Rate | 6% |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Patterned Glass Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Patterned Glass Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Patterned Glass Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Patterned Glass Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
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Report ID: SQMIG20B2013
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