Global Decorative Glass in Commercial Settings Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Decorative Glass in Commercial Settings Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Glass that is used for more than just a functional purpose-particularly if it is designed to be pretty or change the look of the space in which it is used-is decorative glass. What distinguishes decorative glass from other forms of glass art is typically the way in which the glass is used and where it is put. Easily recognizable use of decorative glass might be frosted, colored or textured glass in doors. Decorative glass in commercial settings is often used for interior use in restaurants, hotels, and other commercial sites.

Market Overview:

The latest research study on the global Decorative Glass in Commercial Settings market finds that the global Decorative Glass in Commercial Settings market reached a value of USD 1112.92 million in 2022. It’s expected that the market will achieve USD 1438.13 million by 2028, exhibiting a CAGR of 4.37% during the forecast period.

Influence of COVID-19 Outbreak on Decorative Glass in Commercial Settings Industry Development

Affect the normal operation of the industry

The raging COVID-19 plunged the global economic environment into depression. The impact of COVID-19 on the decorative glass industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises.

In the short term, from the supply side, the company's operating pressure will increase due to postponement of workers' arrival and logistics and transportation issues. In the long run, as the epidemic gradually improves or ends, the impact on the decorative glass industry will gradually weaken. Production and sales will return to the original level and gradually increase.

Driving Factors for this Market

Rise in end-use demand

Some of the factors driving the demand for decorative glass are the increasing emphasis on modernization in several commercial establishments, especially in developing regions, the surge in the number of smart city projects, and technological advancements.

Decorative glass is used in a variety of downstream scenarios, including but not limited to offices, hotels, restaurants, exhibition halls, etc.

Factors Challenging the Market

Risk of changes in raw material prices

The production cost of glass is mainly divided into four categories: raw and auxiliary materials, energy costs, labor costs, and manufacturing costs. The main raw materials used to make glass include: soda ash, quartz sand, dolomite, limestone, silica sand, crushed glass, etc. In addition to the cost of raw materials, another more important component of the cost is the cost of energy. Flat glass commonly used fuels include heavy oil, natural gas, coal tar, coke oven gas, coal, etc. In these raw materials, natural gas costs the most, but also the cleanest, the industry is the development of the target trend. Raw and auxiliary materials and energy costs are the main components of the cost of float glass, the two together account for more than about 70% of the cost of glass is a decisive factor affecting the change.

Region Overview:

From 2022-2027, Asia-Pacific is estimated to witness robust growth prospects.

Company Overview:

AGC Inc. is one of the major players operating in the Decorative Glass in Commercial Settings market, holding a share of 15.97% in 2022.

AGC Inc.

AGC Inc. is a glass manufacturer. The Glass segment manufactures and sells float plate glass, figured glass, low-E glass, processed glass for construction use, hardened glass and laminated glass for automobiles, and solar glass, among others. The Electronics segment is engaged in the manufacture and sale of glass substrates for display devices, special glass and peripheral components for display, optoelectronics parts, and glass frit paste, among others. The Chemical segment offers chloride vinyl monomers, sodium hydroxide, urethane raw materials, gas, solvent, fluorine resin, water and oil repellent, pharmaceutical and agrochemical intermediates and bulk and others. In addition, the Company is also involved in the manufacture and sale of ceramic products, and the provision of logistics and financial services.

Segmentation Overview:

Among different product types, Textured Glass segment is anticipated to contribute the largest market share in 2027.

Textured Glass

Textured glass is created by pressing distinctive designs into semi-molten float glass.

Etched Glass

Grinding and engraving of glass products with various grinding equipment or tools.

Colour Glass

The use of pigment spray painting, hand-painting, printing, transfer, etc., in the glass surface to draw a pattern of a product.

Frosted Glass

Frosted glass is a sheet of glass that is turned opaque through the process of sandblasting or acid etching.

Application Overview:

By application, the Casinos segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Decorative Glass in Commercial Settings market covered in Chapter 3:

Vitro
Livinglass
SCHOTT AG
Skyline Design
NSG Group
GGI
Leadbitter Glass
Bendheim
Therma-Tru Doors
Guardian Industries
Cornwall Glass
Saint-Gobain
Sisecam
AGC Inc.
Britannia Windows

In Chapter 4 and Chapter 14.2, on the basis of types, the Decorative Glass in Commercial Settings market from 2018 to 2029 is primarily split into:

Textured Glass
Etched Glass
Colour Glass
Frosted Glass

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Decorative Glass in Commercial Settings market from 2018 to 2029 covers:

Offices
Malls
Hotels & Restaurants
Casinos
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)