Colombia Flat Glass Market Size & Outlook, 2022-2030
Colombia flat glass market, 2018-2030 (US$M)
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Colombia flat glass market highlights
- The Colombia flat glass market generated a revenue of USD 905.5 million in 2022 and is expected to reach USD 1,050.9 million by 2030.
- The Colombia market is expected to grow at a CAGR of 1.9% from 2023 to 2030.
- In terms of segment, insulated was the largest revenue generating product in 2022.
- Insulated is the most lucrative product segment registering the fastest growth during the forecast period.
Flat glass market data book summary
| Market revenue in 2022 | USD 905.5 million |
| Market revenue in 2030 | USD 1,050.9 million |
| Growth rate | 1.9% (CAGR from 2022 to 2030) |
| Largest segment | Insulated |
| Fastest growing segment | Insulated |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Basic, Tempered, Laminated, Insulated |
| Key market players worldwide | AGC Inc, Flat Glass Group Co Ltd Shs -H- Reg S, Compagnie de Saint-Gobain SA, Vitrolife AB ADR, Cevital, Guardian Industries |
Other key industry trends
- In terms of revenue, Colombia accounted for 0.3% of the global flat glass market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil flat glass market is projected to lead the regional market in terms of revenue in 2030.
- Argentina is the fastest growing regional market in Latin America and is projected to reach USD 1,802.2 million by 2030.
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Flat Glass Market Scope
Flat Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Colombia flat glass market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat glass market will help companies and investors design strategic landscapes.
Insulated was the largest segment with a revenue share of 38.84% in 2022. Horizon Databook has segmented the Colombia flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Colombia is considered under developing economies holding a strong potential for infrastructure development. This is anticipated to positively influence the demand for flat glass in the country.
Hence, increasing focus of the government for the development of solar energy along with supportive initiatives for building sustainable infrastructure is expected to propel the market growth over the forecast period.
In January 2019, Vidrio Andino, a subsidiary of Saint-Gobain based in Colombia, had planned to build a float glass plant having a production capacity of 750 metric tons per day in Galapa, near Barranquilla, with a total investment of USD 160 million by 2022.
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Our clientele includes a mix of flat glass market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Colombia flat glass market , including forecasts for subscribers. This country databook contains high-level insights into Colombia flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Colombia flat glass market size, by product, 2018-2030 (US$M)
Colombia Flat Glass Market Outlook Share, 2022 & 2030 (US$M)
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