PUBLISHER: The Insight Partners | PRODUCT CODE: 1226948
PUBLISHER: The Insight Partners | PRODUCT CODE: 1226948
The Middle East & Africa architectural glass market is expected to grow from US$ 4,311.21 million in 2022 to US$ 5,493.73 million by 2028. It is estimated to grow at a CAGR of 4.1% from 2022 to 2028.
Growing Demand for Colored and Printed Glass will be Driving in The Middle East & Africa Architectural Glass Market in Upcoming Years
With growing economy and increasing living standards and modernization among the population globally, the use of decorative glass, such as printed and colored glass, in designing the interiors of residential and commercial buildings is increasing. The demand for screen printing glass in the construction industry is growing as it offers various aesthetic advantages over traditional building materials. Screen printing glass expands its uses in industrial, commercial, and architectural applications such as display windows, building exterior landscaping, architectural space partitions, mosaic glass, furniture decoration, and other 3D objects. Such advancement in glass manufacturing varieties is further expected to boost the demand for architectural glass. Moreover, digital printing is a trending technology used to decorate architectural glass. Manufacturers are incorporating this technology into their products to cater to consumers' growing demand. For instance, in September 2021, Marabu and Koenig & Bauer partnered to launch a digital printing solution for glass. They create a solution that offers glass product manufacturers an alternative to traditional embossing techniques. Such technological investment by manufacturers to develop colored and printed glass is further expected to bring new trends to the Middle East & Africa architectural glass market during the forecast period.
Middle East & Africa Architectural Glass Market Overview
The Middle East & Africa architectural glass market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of the Middle East & Africa. Countries in the Middle East & Africa are rapidly developing their public infrastructure, including airports, hospitals, and administrative buildings. This has resulted in the spurred demand for architectural glass as the choice of construction material for various applications, namely, facades, windows and other exterior as well as interior applications. Furthermore, a surge in demand for interior and exterior glass glazing in residential buildings, coupled with rapid urbanization in the region, has enhanced construction activities, which is expected to support the Middle East & Africa architectural glass market during the forecast period. The construction of shopping malls and commercial complexes has increased due to the rising tourism industry and the growing number of immigrants. Therefore, the utilization of volumes of architectural glass in the construction of commercial buildings is expected to provide significant growth opportunities to the market players. Further, the rising inclination toward renewable energy sources and the adoption of solar power is boosting the demand for architectural laminated glass in the Middle East & Africa. Moreover, the main trends in the Middle East architectural glass market are the development and installation of smart solutions such as dynamic smart glass. The application of dynamic glass addresses three important requirements of the construction & real estate industry in the region, including a reduction in energy consumption and maximum energy conservation, enhanced human experience, and occupant comfort. Therefore, these factors are anticipated to boost the Middle East & Africa architectural glass market in the coming years.
Middle East & Africa Architectural Glass Market Revenue and Forecast to 2028 (US$ Million)
Middle East & Africa Architectural Glass Market Segmentation
The Middle East & Africa architectural glass market is segmented into type, application, and country.
Based on type, the Middle East & Africa architectural glass market is segmented into tempered glass, annealed glass, laminated glass, and others. In 2022, the laminated glass segment registered a largest share in the Middle East & Africa architectural glass market.
Based on application, the Middle East & Africa architectural glass market is segmented into hurricane impact, ballustrades/glass railings, overhead and canopies, security/bullet resistant glass, acoustics, decorative/colored glass, structural facades, and others. In 2022, the structural facades segment registered a largest share in the Middle East & Africa architectural glass market.
Based on country, the Middle East & Africa architectural glass market is segmented into South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa. In 2022, the Rest of Middle East & Africa segment registered a largest share in the Middle East & Africa architectural glass market.
AGC Inc; Asahi India Glass Ltd; Compagnie de Saint-Gobain SA; Guardian Industries Holdings LLC; Nippon Sheet Glass Co Ltd; Schott AG; Turkiye Sise ve Cam Fabrikalari AS; and Jinjing (Group) Co Ltd are the leading companies operating in the Middle East & Africa architectural glass market.