South Africa Flat Glass Market Size & Outlook, 2022-2030
South Africa flat glass market, 2018-2030 (US$M)
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South Africa flat glass market highlights
- The South Africa flat glass market generated a revenue of USD 2,276.1 million in 2022 and is expected to reach USD 3,080.7 million by 2030.
- The South Africa market is expected to grow at a CAGR of 3.9% 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 2,276.1 million |
| Market revenue in 2030 | USD 3,080.7 million |
| Growth rate | 3.9% (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, South Africa accounted for 0.8% 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 |
|---|
South 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.
Insulated was the largest segment with a revenue share of 46.95% in 2022. Horizon Databook has segmented the South Africa flat glass market based on basic, tempered, laminated, insulated covering the revenue growth of each sub-segment from 2018 to 2030.
Growth in construction activities is projected to facilitate market growth. For instance, in September 2020, Calgro M3, a South African property developer, had broken ground for a complex of six buildings, which is expected to be completed in phases between October 2021 and February 2022.
In May 2020, the South African government invested in infrastructure projects worth USD 20.5 billion for railways, ports, energy, broadband connectivity, water, sanitation, and commercial buildings, all of which deploy flat glass at a large scale, thus, driving the market.
In addition, in September 2020, the government had planned for procurement program of new power infrastructure for 11,813 megawatts to be achieved by 2022, which includes a 6,800 megawatts set of renewable energy.
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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 South Africa flat glass market , including forecasts for subscribers. This country databook contains high-level insights into South Africa flat glass market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa flat glass market size, by product, 2018-2030 (US$M)
South Africa Flat Glass Market Outlook Share, 2022 & 2030 (US$M)
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