Saudi Arabia Flat Glass Market Size & Outlook, 2022-2030
Saudi Arabia flat glass market, 2018-2030 (US$M)
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Saudi Arabia flat glass market highlights
- The Saudi Arabia flat glass market generated a revenue of USD 4,670.1 million in 2022 and is expected to reach USD 6,453.8 million by 2030.
- The Saudi Arabia market is expected to grow at a CAGR of 4.1% from 2023 to 2030.
- In terms of segment, laminated 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 4,670.1 million |
| Market revenue in 2030 | USD 6,453.8 million |
| Growth rate | 4.1% (CAGR from 2022 to 2030) |
| Largest segment | Laminated |
| 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, Saudi Arabia accounted for 1.6% 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 Middle East & Africa, Saudi Arabia flat glass market is projected to lead the regional market in terms of revenue in 2030.
- UAE is the fastest growing regional market in Middle East & Africa and is projected to reach USD 4,037.5 million by 2030.
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Flat Glass Market Scope
Flat Glass Market Companies
| Name | Profile | # Employees | HQ | Website |
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Saudi Arabia 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.
Laminated was the largest segment with a revenue share of 35.55% in 2022. Horizon Databook has segmented the Saudi Arabia flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Growing construction activities in the country, along with the increasing usage of glass architecture in residential and commercial applications, are likely to fuel the demand for flat glass over the forecast period.
In the recent past, housing sector in GCC countries has not performed well. This is mainly due to the decline in oil prices and economic slowdown. However, over the coming years, construction industry is projected to perform well owing to the investments in residential construction, energy, and transport infrastructure.
Moreover, the country is expected to have infrastructure investment for airports, roads, and ports worth USD 115 billion by 2040, which is expected to positively influence the demand for flat glass across various applications in the country 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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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Saudi Arabia flat glass market , including forecasts for subscribers. This country databook contains high-level insights into Saudi Arabia flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Saudi Arabia flat glass market size, by product, 2018-2030 (US$M)
Saudi Arabia Flat Glass Market Outlook Share, 2022 & 2030 (US$M)
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