장식 유리 시장 예측(-2030년) : 유리 유형별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Decorative Glass Market is accounted for $3.9 billion in 2023 and is expected to reach $7.3 billion by 2030 growing at a CAGR of 9.4% during the forecast period. Decorative glass is a specially crafted glass designed for aesthetic enhancement in architectural and interior applications. It includes various types, such as stained glass, etched glass, and textured glass, featuring artistic designs, patterns, or textures. Decorative glass is used in windows, doors, partitions, and other surfaces to add visual interest, privacy, and a touch of artistry to residential, commercial, and industrial spaces.

According to Colliers India, a property consultant, Institutional investment in real estate sector in India is expected to increase by 4% to reach Rs. 36,500 crore (US$ 5 billion) in 2021, driven by investors' rising interest towards capturing attractive valuations amid the pandemic.

Market Dynamics:

Driver:

Increasing demand for aesthetics and customization

The decorative glass market is driven by an increasing demand for aesthetics and customization. Consumers and industries seek visually appealing and unique solutions to enhance interior and exterior spaces. Decorative glass, with its diverse range of options like stained, etched, and textured glass, allows for customized designs, promoting individuality in architectural projects. The growing emphasis on aesthetics in residential and commercial applications propels the demand for decorative glass, positioning it as a key driver in the market.

Restraint:

High cost of decorative glass

The high cost of decorative glass serves as a restraint in the market, limiting widespread adoption. The intricate designs, specialized treatments, and unique features contribute to elevated production expenses, making decorative glass more expensive than standard alternatives. This cost factor may deter budget-conscious consumers and businesses, impacting market penetration.

Opportunity:

Growing investment in residential and commercial construction

The growing investment in residential and commercial construction presents a significant opportunity in the decorative glass market. As construction activities increase, there is a rising demand for aesthetically pleasing and functional materials. Decorative glass, with its ability to enhance architectural designs, provide privacy, and allow natural light, becomes a preferred choice. The expanding construction sector, coupled with a trend towards modern and visually appealing structures, creates a favorable market environment for decorative glass.

Threat:

Competition from low-cost alternatives

Competition from low-cost alternatives poses a threat to the decorative glass market. The availability of budget-friendly substitutes may divert demand away from decorative glass products. Price-sensitive consumers and cost considerations in construction projects may drive preferences towards more economical options, impacting the market share of decorative glass.

Covid-19 Impact:

The COVID-19 pandemic initially impacted the decorative glass market with disruptions in supply chains, construction delays, and reduced consumer spending on non-essential projects. Lockdowns and restrictions led to project postponements, affecting demand. However, as economies stabilize, the market is rebounding, driven by a resurgence in construction activities, an increased focus on interior aesthetics, and a growing preference for high-quality, customizable materials. The industry is adapting to new norms, demonstrating resilience and recovery in the post-pandemic period.

The patterned glass segment is expected to be the largest during the forecast period

The patterned glass segment is anticipated to capture the largest market share in the decorative glass industry during the forecast period. This dominance is attributed to the increasing demand for visually appealing and textured glass applications in both residential and commercial construction. Patterned glass offers a blend of aesthetics and functionality, allowing for privacy, diffusion of light, and creative design possibilities. As the preference for distinctive and customized designs grows, the patterned glass segment is poised to witness substantial market share growth.

The interior design segment is expected to have the highest CAGR during the forecast period

The interior design segment is projected to experience significant growth in the decorative glass market during the forecast period. This surge is driven by the rising demand for aesthetically pleasing and innovative interior spaces. Decorative glass, with its versatility and ability to enhance visual appeal, finds extensive use in partitions, doors, and decorative elements. As interior design trends emphasize transparency and modern aesthetics, the demand for decorative glass in interior applications is expected to grow substantially, contributing to the segment's expansion.

Region with largest share:

Asia Pacific is positioned to dominate the decorative glass market due to rapid urbanization, increasing construction activities, and a growing emphasis on aesthetic interiors. The region's expanding middle-class population, rising disposable income, and evolving consumer preferences for modern and visually appealing spaces contribute to the high demand for decorative glass. With a thriving real estate sector and a strong focus on architectural innovation, Asia Pacific emerges as a key market leader in the decorative glass industry.

Region with highest CAGR:

The Asia Pacific region anticipates rapid growth in the decorative glass market due to escalating construction projects, urbanization, and a surge in interior design preferences. Increasing disposable incomes, coupled with a growing inclination towards aesthetically pleasing architectural elements, contribute to the demand for decorative glass in the region. As the construction and design sectors flourish, the Asia Pacific market becomes a focal point for decorative glass manufacturers, offering substantial growth opportunities in the forecasted period.

Key players in the market

Some of the key players in Decorative Glass Market include AGC Inc., Asahi India Glass Limited, Bormioli Luigi, Central Glass Co., Ltd., Euroglas GmbH, Fuso Glass India Pvt. Ltd., Guardian Industries, Luoyang Glass Company Limited, Nippon Sheet Glass Co., Ltd., Pilkington, PPG Industries, Inc., Saint-Gobain S.A., Schott AG, Sisecam Group, Trulite Glass & Aluminum Solutions and Vitro.

Key Developments:

In January 2024, Bormioli Luigi invests in sputtering decoration for glass vials. The Italian glassmaker has just acquired new equipment dedicated to sputtering for its glass decoration workshop in Parma. This new surface treatment technique makes it possible to metallize a bottle while preserving its transparency, for a 100% recyclable glass. The company presented this innovation during the Paris Packaging Week trade show, which was held on January 17 and 18, 2024, in Paris, France.

In October 2023, Nippon Sheet Glass Co. Ltd. pioneered a new glass range with 50% less embodied carbon when compared to standard float glass. This represents the lowest carbon product of its kind in the market.

In May 2023, AGC Inc. successfully transferred its ownership stake in AGC Flat Glass (Dalian) to Shanghai Yaohua Pilkington Glass Group Co. Ltd. (SYP Group).

Glass Types Covered:

• Patterned Glass
• Textured Glass
• Beveled Glass
• Fused Glass
• Etched Glass
• Colored/Coated Glass
• Digital Printed Glass
• Other Glass Types

Applications Covered:

• Interior Design
• Exterior Design

End Users Covered:

• Commercial Buildings
• Residential Buildings
• Hospitality Industry
• Healthcare Facilities
• Educational Institutions
• Entertainment Venues
• Transportation
• Consumer Electronics
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Decorative Glass Market, By Glass Type

• 5.1 Introduction
• 5.2 Patterned Glass
• 5.3 Textured Glass
• 5.4 Beveled Glass
• 5.5 Fused Glass
• 5.6 Etched Glass
• 5.7 Colored/Coated Glass
  • 5.7.1 Stained Glass
  • 5.7.2 Fritted Glass
  • 5.7.3 Dichroic Glass
  • 5.7.4 Reflective Glass
• 5.8 Digital Printed Glass
• 5.9 Other Glass Types

6 Global Decorative Glass Market, By Application

• 6.1 Introduction
• 6.2 Interior Design
  • 6.2.1 Art Installations and Sculptures
  • 6.2.2 Countertops
  • 6.2.3 Doors and Windows
  • 6.2.4 Furniture
  • 6.2.5 Partitions and Screens
  • 6.2.6 Showers and Bathtubs
  • 6.2.7 Wall Cladding
• 6.3 Exterior Design
  • 6.3.1 Facades and Cladding
  • 6.3.2 Balconies and Railings
  • 6.3.3 Skylights and Canopies
  • 6.3.4 Signage and Displays
  • 6.3.5 Public Art Installations

7 Global Decorative Glass Market, By End User

• 7.1 Introduction
• 7.2 Commercial Buildings
• 7.3 Residential Buildings
• 7.4 Hospitality Industry
• 7.5 Healthcare Facilities
• 7.6 Educational Institutions
• 7.7 Entertainment Venues
• 7.8 Transportation
• 7.9 Consumer Electronics
• 7.10 Other End Users

8 Global Decorative Glass Market, By Geography

• 8.1 Introduction
• 8.2 North America
  • 8.2.1 US
  • 8.2.2 Canada
  • 8.2.3 Mexico
• 8.3 Europe
  • 8.3.1 Germany
  • 8.3.2 UK
  • 8.3.3 Italy
  • 8.3.4 France
  • 8.3.5 Spain
  • 8.3.6 Rest of Europe
• 8.4 Asia Pacific
  • 8.4.1 Japan
  • 8.4.2 China
  • 8.4.3 India
  • 8.4.4 Australia
  • 8.4.5 New Zealand
  • 8.4.6 South Korea
  • 8.4.7 Rest of Asia Pacific
• 8.5 South America
  • 8.5.1 Argentina
  • 8.5.2 Brazil
  • 8.5.3 Chile
  • 8.5.4 Rest of South America
• 8.6 Middle East & Africa
  • 8.6.1 Saudi Arabia
  • 8.6.2 UAE
  • 8.6.3 Qatar
  • 8.6.4 South Africa
  • 8.6.5 Rest of Middle East & Africa

9 Key Developments

• 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 9.2 Acquisitions & Mergers
• 9.3 New Product Launch
• 9.4 Expansions
• 9.5 Other Key Strategies

10 Company Profiling

• 10.1 AGC Inc.
• 10.2 Asahi India Glass Limited
• 10.3 Bormioli Luigi
• 10.4 Central Glass Co., Ltd.
• 10.5 Euroglas GmbH
• 10.6 Fuso Glass India Pvt. Ltd.
• 10.7 Guardian Industries
• 10.8 Luoyang Glass Company Limited
• 10.9 Nippon Sheet Glass Co., Ltd.
• 10.10 Pilkington
• 10.11 PPG Industries, Inc.
• 10.12 Saint-Gobain S.A.
• 10.13 Schott AG
• 10.14 Sisecam Group
• 10.15 Trulite Glass & Aluminum Solutions
• 10.16 Vitro