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The global flat glass market will reach 423.9 billion USD by 2030.

According to research and market analysis datathe global flat glass market will reach US$423.9 billion by 2030.

The global flat glass market was estimated at USD 304.8 billion in 2023 and is expected to reach a size of USD 423.9 billion by 2030, growing at a CAGR of 4.8% during the analysis period 2023-2030.

Figure 1 The global flat glass market 1

Figure 1 The global flat glass market 1

Insulated flat glass is expected to grow at a CAGR of 5.7% to reach $154.3 billion by the end of the analysis period. The tempered flat glass segment is estimated to grow at a CAGR of 4.7% over the next seven years.

The U.S. market is estimated at $80.6 billion, while China is expected to grow at a CAGR of 7.2%

The U.S. flat glass market is estimated to be worth $80.6 billion by 2023. China is the world's second-largest economy and is expected to reach a projected market size of USD 91 billion by 2030, growing at a CAGR of 7.2% during the analysis period of 2023 to 2030. Other geographical markets of note include Japan and Canada, which are expected to grow by 3.2% and 4% respectively during 2023-2030. 

In Europe, Germany is expected to grow at a CAGR of approximately 3.8%. Led by countries such as Australia, India, and South Korea, the market size in Asia Pacific is expected to reach $56.7 billion by 2030. 


Disclaimer: The above views do not represent the position of LIJIANG Glass, and the copyright belongs to the original author and source. The content of News is the author's personal opinion, and it does not mean that LIJIANG Glass agrees with his opinion and is responsible for its authenticity. LIJIANG Glass only provides references and does not constitute investment and application advice.  

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