Glass Curtain Wall Market Analysis | 2023-2028

Market Insights

The glass curtain wall market was estimated at USD 57.66 billion in 2022 and is likely to grow at a CAGR of 7.68% during 2023-2028 to reach USD 90.65 billion in 2028.

Want to know more about the market scope? Register Here

Market Dynamics

Introduction

A glass curtain wall is an outer covering of a building on the facades. Glass is used as the curtain wall due to its property of natural light transmission which helps penetrate light deeper in the building and leads to energy saving for the building.

Glass curtain walls are basically of two types, namely unitized curtain walls and stick curtain walls. They are used in different applications, such as residential buildings, shopping complexes, malls, corporate offices, hospitals, etc.

Market Drivers 

The glass curtain wall market is driven by a host of factors, some of which are noted below:

• The growing demand for glass curtain walls is mainly due to the enhancement of the appearance of the exterior walls.
• The rise in the need for energy-efficient buildings, and the need to provide a protective layer to large buildings.

Want to have a closer look at this market report? Register Here

Key Players

The following are the key players in the glass curtain wall market:

• Asahi Glass Co., Ltd
• Central Glass Co., Ltd.
• Guardian Industries
• Nippon Sheet Glass Co., Lt
• Saint-Gobain S.A.

Segment Analysis

By System Type

"Unitized segment held the larger share of the market in 2022"

Based on the system type, the market is segmented as unitized and stuck. The unitized segment held the larger share of the market in 2022 and is expected to remain dominant during the forecast period. Unitized systems provide quicker installation as almost 70% of the components are assembled in factories and minimize the need for manpower onsite, which leads to a reduction in labor costs.

By End-Use Type

"Commercial segment leads the market during the forecast period"

Based on the end-use type, the glass curtain wall market is segmented as commercial, public, and residential. The commercial segment leads the market owing to rapid urbanization and the increasing number of skyscrapers. Glass curtain walls used in buildings help to reduce energy costs as they act as protective layers for large-scale commercial buildings and render aesthetic appearance to the facade of the buildings

Regional Analysis

"Asia-Pacific is estimated to be the largest as well as a fastest-growing market during the forecast period"

Asia-Pacific is estimated to be the largest as well as fastest-growing glass curtain wall market during the forecast period, with China, Japan, India, and Australia being the growth engines. The market is driven by the increasing demand for aesthetic appeal and energy saving in modern infrastructure. North America and Europe are also expected to offer substantial growth opportunities during the forecast period.

Know the high-growth countries in this report. Register Here

Research Methodology

• This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s glass curtain wall market realities and future market possibilities for the forecast period.
• The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market.
• The vital data/information provided in the report can play a crucial role for market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate growth strategies to expedite their growth process.
• This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools.
• More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data.
• We conducted more than 15 detailed primary interviews with market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market covering 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The glass curtain wall market is segmented into the following categories. 

By System Type

• Unitized 
• Stick 

By End-Use Type

• Commercial 
• Public 
• Residential

By Region

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, Australia, and Rest of Asia-Pacific)
• Rest of the World (Sub-Region Analysis: Latin America, the Middle East, and Others)

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the system types by end-use type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.