Market Forecast By Product (Low-e, Special, Other), By Application (Commercial Building, Residential Building, Public Building) And Competitive Landscape
Product Code: ETC354699 | Publication Date: Aug 2022 | Updated Date: May 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
Saudi Arabia Decorative Glass market currently, in 2023, has witnessed an HHI of 2574, Which has increased slightly as compared to the HHI of 2107 in 2017. The market is moving towards concentrated. Herfindahl index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means fewer numbers of players or countries exporting in the market.
Saudi Arabia Decorative Glass Market report thoroughly covers the market by product and by application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The decorative glass market in Saudi Arabia has experienced a massive growth in the recent years underpinned by the rising demand for decorative glass products, such as stained-glass windows, etched glass panels, and textured glass surfaces, has been influenced by the country`s growing construction and interior design sectors. Decorative glass is being used to enhance the aesthetics of commercial and residential spaces, adding a touch of elegance and uniqueness to architectural designs. A booming construction industry, and the government's initiatives to create a more diversified economy are some major growth proliferators of the industry.
According to 6Wresearch, the Saudi Arabia Decorative Glass Market size is estimated to grow at a CAGR of 7.9% during the forecast period 2024-2030. The drivers of the market are the rise in the construction industry, including the growing demand for high-quality and energy-efficient buildings. Decorative glass is known to enhance the elegance, aesthetics, and lighting of buildings. Additionally, the increasing demand for automotive and industrial applications, such as glass facades and glass furniture, is driving the growth of the decorative glass market. Moreover, technological advancements such as smart glass and nano-technology-based glass are transforming the industry, thereby driving the Saudi Arabia Decorative Glass Market growth. Nevertheless, the growing shift towards environmentally friendly and energy-efficient products. Other trends include the growing demand for smart glass, the use of digital printing technology for glass designing, and the production of curved and laminated glass for facades and furniture.
Saudi Arabia Decorative Glass Market share is estimated to boost double digit rate to promote the economic growth and diversify the economy, the Saudi Arabian government has launched several initiatives such as Vision 2030, which includes stimulating the construction industry, creating new industries, and attracting foreign investments. Moreover, the government is focusing on developing a more sustainable economy by increasing the use of renewable energy sources.
Some of the key players operating in the Saudi Arabia decorative glass market include
These players are continuously investing in research and development to enhance product quality, expand their market presence, and gain a competitive edge.
According to Shivankar, Research Manager, 6Wresearch, low-E glass is currently the decorative glass product that is growing in the market due to its energy efficiency benefits, superior aesthetic appeal, and durability, Low-E glass is surpassing the traditional decorative glass products and becoming the preferred choice of homeowners and businesses in Saudi Arabia.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Saudi Arabia Decorative Glass Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Decorative Glass Market Revenues & Volume, 2020 & 2030F |
3.3 Saudi Arabia Decorative Glass Market - Industry Life Cycle |
3.4 Saudi Arabia Decorative Glass Market - Porter's Five Forces |
3.5 Saudi Arabia Decorative Glass Market Revenues & Volume Share, By Product, 2020 & 2030F |
3.6 Saudi Arabia Decorative Glass Market Revenues & Volume Share, By Application, 2020 & 2030F |
4 Saudi Arabia Decorative Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Decorative Glass Market Trends |
6 Saudi Arabia Decorative Glass Market, By Types |
6.1 Saudi Arabia Decorative Glass Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Decorative Glass Market Revenues & Volume, By Product, 2020 - 20308F |
6.1.3 Saudi Arabia Decorative Glass Market Revenues & Volume, By Low-e, 2020 - 20308F |
6.1.4 Saudi Arabia Decorative Glass Market Revenues & Volume, By Special, 2020 - 20308F |
6.1.5 Saudi Arabia Decorative Glass Market Revenues & Volume, By Other, 2020 - 20308F |
6.2 Saudi Arabia Decorative Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Decorative Glass Market Revenues & Volume, By Commercial Building, 2020 - 20308F |
6.2.3 Saudi Arabia Decorative Glass Market Revenues & Volume, By Residential Building, 2020 - 20308F |
6.2.4 Saudi Arabia Decorative Glass Market Revenues & Volume, By Public Building, 2020 - 20308F |
7 Saudi Arabia Decorative Glass Market Import-Export Trade Statistics |
7.1 Saudi Arabia Decorative Glass Market Export to Major Countries |
7.2 Saudi Arabia Decorative Glass Market Imports from Major Countries |
8 Saudi Arabia Decorative Glass Market Key Performance Indicators |
9 Saudi Arabia Decorative Glass Market - Opportunity Assessment |
9.1 Saudi Arabia Decorative Glass Market Opportunity Assessment, By Product, 2020 & 2030F |
9.2 Saudi Arabia Decorative Glass Market Opportunity Assessment, By Application, 2020 & 2030F |
10 Saudi Arabia Decorative Glass Market - Competitive Landscape |
10.1 Saudi Arabia Decorative Glass Market Revenue Share, By Companies, 2023 |
10.2 Saudi Arabia Decorative Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |