According to the latest report by IMARC Group, “Glass Curtain Wall Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“, The global glass curtain wall market size reached US$ 54.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 80.6 Billion by 2028, exhibiting a growth rate (CAGR) of 6.8% during 2023-2028.
What is Glass Curtain Wall?
Glass curtain walls are a building façade composed of lightweight aluminum-framed glass or metal panels. They are wind-resistant materials that can be incorporated into a building envelope or as part of the wall system. They help in fulfilling the energy conservation requirements of a structure, thereby reducing overall expenses. They also provide a contemporary and sophisticated appearance, allowing natural light to enter the building. As a result, glass curtain walls find extensive applications in residential and commercial buildings across the globe.
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What are the growth prospects and trends in the glass curtain wall industry?
The global glass curtain wall market is primarily driven by the rising construction, building, and redevelopment activities. Moreover, the increasing use of glass curtain walls in residential buildings to provide a modern and sleek appearance, resist air and water, and absorb seismic forces is positively influencing the market growth. Additionally, the escalating demand for glass curtain walls in commercial establishments such as retail storefronts and shopfront windows is propelling the market growth. Furthermore, rising investments by key players in research and development (RD) activities to introduce innovative glass curtain wall variants that can support massive glass sizes and complex geometries are contributing to the market growth. Other factors, including rising investments in smart cities, inflating consumer disposable incomes, and rapid urbanization, are also anticipated to drive the market further.
Who are the key players operating in the industry?
The report covers the major market players including:
- AGC Inc.
- Apogee Enterprises Inc.
- AvicSanxin Co. Ltd
- Central Glass Co. Ltd.
- China Glass Holdings Limited
- Guardian Industries (Koch Industries Inc)
- Hansen Group Ltd.
- Kawneer
- Nippon Sheet Glass Co. Ltd
- Schott AG
- Vitro
- Xinyi Glass Holdings Limited.
The report has segmented the market on the basis of Offering, Product, Application, End-Use, and Region.
Breakup by System Type:
- Unitized
- Stick
Breakup by End Use:
- Commercial
- Public
- Residential
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
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