Global Storefront Glass Market – Industry Overview and Upcoming Market Trends
In the recent years, Storefront glasses market has gained popularity among business owners in order to offer a lucrative theme and approachable business outlook to their stores globally. These are an essential module to improve the look of an entrance and to impress the customers. It is a collective system of windows & doors, mainly installed between ceiling and floor for the entryway of a commercial building. Storefront glass is a clear architectural glass use for decoration of stores to demonstrate their merchandise. It helps in attracting visual attention of the potential consumers for the business. They are classified into various types such as tempered glass, clear glass, patterned glass and much more. Each type has its own composition and is different from each other with specific end-use applications.
The report, “Global Storefront Glass Market Research Report- Industry Analysis, Size, Share, Growth, Trends and Forecast” added by DecisionDatabases.com to its vast repository provides market insights, facts, historical data, and future projections of the Storefront Glass industry. This report provides information in terms of revenue and volume for the period 2015 to 2022. Drivers, restraints, and opportunities are intellectually assessed in the research report.
Rising standard of living in the emerging economies and increasing purchasing power are expected to drive the market demand during the forecast period. Additionally, growing intense competition amongst business owners to gather the attention of potential buyers by adopting lucrative business-display option will further aid in the growth of the market in the near future. Expanding commercial infrastructure and rising construction activities across the globe are anticipated to boost market demand in the study period. However, the presence of alternatives like plastics and other materials are major restraints, which may hinder market growth in the forthcoming years.
The global storefront glass market has been segmented based on the frame into all glass, bronze, aluminum, steel, and others. The market has been further segmented based on type into the clear glass, insulated glass, safety/laminated glass, tempered glass, and others. The insulated glass is a leading type segment and is anticipated to witness a double-digit growth during the forecast period owing to its growing demand among business owners due to its high insulation property worldwide. Furthermore, the market has been segmented based on the glazed system, thickness range, fabrication, application, and end-user.
Asia Pacific is a major market and is projected to continue its dominance over the coming years on account of rising disposable income, expanding commercial sector and rising construction activities in the region. Europe is also a key market and is anticipated to witness a considerable growth during the forecast period owing to the expanding construction sectors and favorable government initiatives to expand local business in the region.
The major players include Sisecam Group, Compagnie de Saint-Gobain, Guardian Industries Corporation, Asahi Glass Co., Ltd, Nippon Sheet Glass Co. Ltd, Promat International, PPG Industries, Inc., Tubelite Inc., Alcoa Inc., and C.R. Laurence Co., Inc.
In August 2015, 310 Tempering, a local US startup company has invested USD 6 million to purchase a new glass tempering business. The glass business is aimed to fabricate and design custom glass projects for a range of business sectors, including glass railings, shower doors, interior office partitions and storefront entrances.
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