Middle East & Africa Flat Glass Market Size & Outlook
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MEA flat glass market highlights
- The MEA flat glass market generated a revenue of USD 21,432.7 million in 2023.
- The market is expected to grow at a CAGR of 4.5% from 2024 to 2030.
- In terms of segment, tempered was the largest revenue generating product in 2023.
- Insulated is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 21,432.7 million |
| Market revenue in 2030 | USD 28,949.3 million |
| Growth rate | 4.5% (CAGR from 2024 to 2030) |
| Largest segment | Tempered |
| Fastest growing segment | Insulated |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 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, MEA region accounted for 7.1% of the global flat glass market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 245,350.1 million by 2030.
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Flat Glass Market Scope
Flat Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Guardian Industries | View profile | 10001+ | Auburn Hills, Michigan, United States, North America | https://www.guardian.com |
| Cevital | View profile | 10001+ | Algiers, Alger, Algeria, Africa | https://www.cevital.com |
| Flat Glass Group Co Ltd Shs -H- Reg S | View profile | 8240 | 1999 Yunhe Road, Xiuzhou District, Zhejiang Province, Jiaxing, China, People's Republic of | https://www.flatgroup.com.cn |
| AGC Inc | View profile | 61671 | 1-5-1, Marunouchi, Chiyoda-ku, Tokyo, Japan, 100-8405 | https://www.agc.com |
| Compagnie de Saint-Gobain SA | View profile | 168508 | 12, Place de l'Iris, Tour Saint-Gobain, Courbevoie, France, 92400 | http://www.saint-gobain.com |
| Vitrolife AB ADR | View profile | 1116 | Box 9080, Gothenburg, Sweden, 400 92 | https://www.vitrolife.com |
Middle East & Africa 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.
Tempered was the largest segment with a revenue share of 39.88% in 2023. Horizon Databook has segmented the Middle East & Africa flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Increasing infrastructural developments in the region have propelled the demand for flat glass and compelled the manufacturers to expand their production capacities to meet the demand in the region.
The demand for solar energy in the region is increasing significantly. In March 2018, one of the largest solar power plants in the world was built in Egypt, which consists of 200 thousand solar panels, generating 1.8 GW of power (sufficient for 20 thousand households).
The region is suitable for generating solar and wind energy owing to its geography and environment. Hence, there exists a high potential for further developments in solar industry in the region, which is expected to positively influence the Middle East & Africa flat glass market over the forecast period.
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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 continent-level data and insights on the Middle East & Africa flat glass market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA flat glass market size, by country, 2018-2030 (US$M)
Middle East & Africa Flat Glass Market Outlook Share, 2023 & 2030 (US$M)
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