Global Storefront Glass Market Overview
The Storefront Glass Market Size was estimated at 15.14 (USD Billion) in 2022. The Storefront Glass Industry is expected to grow from 15.83(USD Billion) in 2023 to 23.68 (USD Billion) by 2032. The Storefront Glass Market CAGR (growth rate) is expected to be around 4.57% during the forecast period (2024 - 2032).
Key Storefront Glass Market Trends Highlighted
Key market drivers for storefront glass include increasing consumer demand for energy efficiency, rising construction activities, and technological advancements. Governments are also implementing stringent energy codes, which is driving the adoption of energy-efficient glazing solutions. The growing popularity of smart buildings and the need for improved safety and security are further contributing to the growth of the market.Opportunities in the storefront glass market lie in the development of innovative products, such as self-cleaning and self-healing glass. There is also potential for growth in emerging markets, where construction activities are expected to increase significantly in the coming years. Additionally, the trend towards sustainable building practices is creating opportunities for manufacturers of environmentally friendly glass products.Recent trends in the storefront glass market include the rise of digital printing, which allows for customized and intricate designs. There is also a growing demand for oversized glass panes, which can create a more open and spacious feel in buildings. Additionally, advancements in glass technology have led to the development of new products, such as laminated glass and tempered glass, which offer improved safety and durability.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Storefront Glass Market Drivers
Rising Demand for Energy-Efficient Buildings
The emphasis on energy conservation due to climate change has led to the increasing demand for energy-efficient buildings. The storefront glass facilitates energy efficiency in building primarily by provision of natural light. During the day, the artificial lights are switched off to utilize the natural light entering through a storefront glass. Furthermore, advancements in glazing technologies such as the use of low-e glass as well as incorporating double or triple panes effectively reduce heat transfer during winter and loss during summer.Consequently, this reduces the amount of heating and cooling in a building, reducing the energy used. Similarly, the growing population of countries and governments introducing the energy-efficient measures primarily in buildings is likely to drive the growth of storefront glass.
Growing Popularity of Smart Glass Solutions
The global storefront glass market industry has been massively influenced by the increasing integration of smart technologies within various other industries. Smart glass, also known as switchable glass, or electrochromic glass provides window and facades with dynamic control over the back and the flux. This technology has enabled the levels of natural light and the degree of privacy to be controlled at any moment, improving the occupants’ comfort and wellness.Smart glass also supports energy efficiency by allowing to forsake alternative energy solutions for blinds or curtains, optimizing daylighting, and reducing thermal loss or gain.
Expansion of Retail and Commercial Sectors
The retail commercial sector is another major driver of the Global Storefront Glass Market Industry. Storefront glass is an important part of the retail space. It is used by maximum retail outlets to maintain the visibility of their products. This glass helps in improving the customer experience and giving rise to an innovative aesthetic shopping environment. Storefront glass is also significant in gaining tenants for the office building and maintaining the brand image.
Storefront Glass Market Segment Insights
Storefront Glass Market Application Insights
The Storefront Glass Market is segmented by application into Commercial Buildings, Residential Buildings, and Government Buildings. Commercial Buildings: Commercial buildings are the largest application segment for storefront glass, accounting for over 60% of the global market. This is due to the high demand for storefront glass in retail, office, and other commercial buildings. Storefront glass provides a clear view of the interior of the building, making it an attractive option for businesses that want to showcase their products or services.In 2023, the market for storefront glass in commercial buildings was valued at 9.5 billion USD and is projected to reach 13.2 billion USD by 2032, growing at a CAGR of 4.5%. The growth of the market is driven by the increasing construction of commercial buildings in emerging markets, as well as the rising demand for energy-efficient and aesthetically pleasing building materials. Residential Buildings: Residential buildings are the second largest application segment for storefront glass, accounting for around 25% of the global market. Storefront glass is used in residential buildings to create large windows and doors, which can provide natural light and ventilation.In 2023, the market for storefront glass in residential buildings was valued at 3.8 billion USD and is projected to reach 5.3 billion USD by 2032, growing at a CAGR of 4.2%. The growth of the market is driven by the increasing demand for luxury homes, as well as the rising popularity of open-concept living spaces. Government Buildings: Government buildings are the smallest application segment for storefront glass, accounting for around 15% of the global market. Storefront glass is used in government buildings to create secure and transparent facades.In 2023, the market for storefront glass in government buildings was valued at 2.3 billion USD and is projected to reach 3.2 billion USD by 2032, growing at a CAGR of 4.1%. The growth of the market is driven by the increasing demand for energy-efficient and secure building materials.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Storefront Glass Market Material Insights
Laminated, tempered, insulated, and heat-strengthened glass are the primary material segments in the global storefront glass market. Tempered glass is anticipated to be the second-largest segment, with a market share of around 24.3% in 2023. Insulated glass is expected to grow at a CAGR of 4.7% during the forecast period, owing to its high demand in commercial and residential buildings. Heat-strengthened glass is expected to witness a CAGR of 4.3% during the same period, primarily driven by its growing use in automotive and architectural applications.
Storefront Glass Market Frame Type Insights
The Frame Type segment of the Storefront Glass Market is expected to witness significant growth in the coming years. Among the different types of frames available, 'Fixed Frame' holds the dominant share in the market, owing to its durability, rigidity, and low maintenance requirements. The 'Pivot Frame' segment is also expected to gain traction due to its ability to provide wide openings and enhanced ventilation. Moreover, the increasing adoption of 'Sliding Frame' and 'Bi-Folding Frame' systems in commercial and residential buildings is anticipated to drive the growth of these segments.These frames offer space-saving solutions, improved aesthetics, and seamless integration with modern architectural designs. The growing demand for energy-efficient and aesthetically pleasing storefront solutions, coupled with the expansion of the construction industry, is expected to fuel the growth of the overall market.
Storefront Glass Market Glass Tint Insights
The Glass Tint segment of the Storefront Glass Market is expected to witness significant growth in the coming years. The segment is expected to be valued at USD 2.23 billion in 2023 and is projected to reach USD 3.06 billion by 2032, exhibiting a CAGR of 4.0% during the forecast period. The growth of this segment can be attributed to the increasing demand for energy-efficient and aesthetically appealing storefront solutions. Clear glass continues to dominate the market, accounting for over 50% of the market share in 2023. However, tinted and reflective glass are gaining popularity due to their ability to provide privacy, reduce heat gain, and enhance the overall appearance of storefronts.The increasing use of glass tints in commercial and retail buildings is driving the growth of this segment.
Storefront Glass Market Installation Type Insights
The Storefront Glass Market is segmented by Installation Type into Curtain Wall, Storefront System, Entrances and Doors. The Storefront System segment held the largest market share in 2023, accounting for around 45% of the Storefront Glass Market revenue. The Curtain Wall segment is expected to grow at the highest CAGR during the forecast period, owing to the increasing demand for energy-efficient and aesthetically appealing building facades. The Entrances and Doors segment is also expected to witness significant growth, driven by the rising demand for automated and secure entrances in commercial buildings.
Storefront Glass Market Regional Insights
The regional segmentation of the Storefront Glass Market offers insights into the market's geographic distribution and performance. North America holds a significant market share due to the presence of major players and advanced infrastructure. Europe follows closely, driven by increasing demand for energy-efficient solutions. The APAC region is projected to witness substantial growth due to rapid urbanization and rising disposable incomes. South America and the MEA region are expected to contribute to the market's growth, albeit at a slower pace.These regional insights are crucial for businesses to tailor their strategies and target specific markets for expansion and growth.
Source: Primary Research, Secondary Research, MRFR Database and Analyst Review
Storefront Glass Market Key Players And Competitive Insights
To gain a competitive edge, the major storefront glass market players invest a significant amount of money in research and development activities and further expansion of their product portfolios. These firms are also constantly trying to strengthen their distribution networks. Hence, the current competition in the storefront glass market is quite dynamic, which leads to rapid technological advancements and further market growth. At present, the leading storefront glass market players tend to focus on the development of energy-efficient, yet decent from the aesthetical point of view, products, specifically designed for the needs of the commercial and retail sectors. In addition to that, the main strategies in the storefront glass market include mergers, acquisitions and formation of strategic partnerships. This is required to consolidate the dominant position on the market and to expand the presence of a certain company globally. Overall, the storefront glass market is expected to grow within the next years due to the increased construction sector activity and overall growing sight of sustainability of the building industry.AGC Glass Company is one of the leading storefront glass market players. The company has a wide range of products, including laminated glass, tempered glass, insulated glass and others. It has a considerable presence in Europe, Asia and North America, while the company is known for its great number of customers both among architects, contractors and construction owners. The facility is known for its commitment to such commercial sustainability aspects as customer satisfaction, order customization and on-time delivery. The company also has a great focus on such environmental concerns as clean air, energy efficiency and reduction of water and waste usage.Saint-Gobain is another storefront glass market participant. The company has a wide range of products, including high-performance insulating glass, solar control glass, fire-rated glass and others. Saint-Gobain is also a considerable presence in Europe, North America and Asia. It is known for its superior research and development capabilities and numerous innovations, such as the introduction of self-cleaning glass and anti-reflective glass. The company is also recognized for its rigid quality standards, which make it a reliable partner for all market players.
Key Companies in the Storefront Glass Market Include
- Pilkington Group Limited
- SkyFrame
- Vitro Architectural Glass
- Kawneer Company, Inc.
- Corning Incorporated
- Guardian Industries Corp.
- ODL Incorporated
- YKK AP America Inc.
- Asahi Glass Co., Ltd.
- Central Glass Co., Ltd.
- NSG Group
- SaintGobain
- Viracon
Storefront Glass Market Industry Developments
The global storefront glass market is projected to reach USD 23.68 billion by 2032, exhibiting a CAGR of 4.57% during the forecast period (2024-2032). Rising demand for energy-efficient and aesthetically pleasing storefronts, coupled with increasing construction activities, is driving market growth. Technological advancements, such as the introduction of self-cleaning and self-repairing glass, are further fueling market expansion. Key industry participants include Asahi Glass Co., Ltd., Saint-Gobain, NSG Group, and Guardian Industries Corp. Recent market developments include the launch of Pilkington Suncool™ NXT, a high-performance solar control glass by NSG Group, and the acquisition of Vitro Architectural Glass by Vitro, S.A.B. de C.V.
Storefront Glass Market Segmentation Insights
- Storefront Glass Market Application Outlook
- Commercial Buildings
- Residential Buildings
- Government Buildings
- Storefront Glass Market Material Outlook
- Laminated Glass
- Tempered Glass
- Insulated Glass
- Heat-Strengthened Glass
- Storefront Glass Market Frame Type Outlook
- Fixed Frame
- Pivot Frame
- Sliding Frame
- Bi-Folding Frame
- Storefront Glass Market Glass Tint Outlook
- Storefront Glass Market Installation Type Outlook
- Curtain Wall
- Storefront System
- Entrances and Doors
- Storefront Glass Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
15.14(USD Billion) |
| Market Size 2023 |
15.83(USD Billion) |
| Market Size 2032 |
23.68(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
4.57% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Pilkington Group Limited ,SkyFrame ,Vitro Architectural Glass ,Kawneer Company, Inc. ,Corning Incorporated ,Guardian Industries Corp. ,ODL Incorporated ,YKK AP America Inc. ,Asahi Glass Co., Ltd. ,Central Glass Co., Ltd. ,NSG Group ,SaintGobain ,Viracon |
| Segments Covered |
Application ,Material ,Frame Type ,Glass Tint ,Installation Type ,Regional |
| Key Market Opportunities |
Rising demand for energyefficient buildings increasing construction activities growing urbanization advancements in glass technology and focus on sustainability |
| Key Market Dynamics |
Increasing construction rising consumer disposable income growing demand for energyefficient solutions technological advancements and government regulations |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The global Storefront Glas market is valued at USD 15.83 billion in 2023 and is projected to reach a value of USD 23.68 billion by 2032, exhibiting a CAGR of 4.57% during the forecast period.
Asia Pacific is expected to account for the largest market share in the global Storefront Glas market during the forecast period, owing to the increasing demand for commercial buildings and infrastructure development in the region.
The commercial segment is projected to drive the growth of the Storefront Glas market, as these applications require high-quality glass for aesthetic appeal and durability.
Some of the key players in the Storefront Glas market include Viracon, Glas Trsch, Pilkington, Saint-Gobain, and Guardian Industries.
Factors such as the increasing demand for energy-efficient buildings, the growing construction industry, and the rising consumer preference for aesthetically appealing commercial spaces are expected to drive the growth of the Storefront Glas market.
The COVID-19 pandemic had a negative impact on the Storefront Glas market due to disruptions in construction activities and supply chain issues. However, the market is expected to recover as economic activities resume and construction projects get back on track.
Major trends shaping the Storefront Glas market include the adoption of smart glass technologies, the use of eco-friendly and sustainable materials, and the increasing demand for customized glass solutions.
Challenges faced by the Storefront Glas market include fluctuations in raw material prices, competition from alternative materials, and stringent building codes and regulations.
The future outlook for the Storefront Glas market is positive, with increasing demand from emerging markets and the growing adoption of advanced technologies. The market is expected to witness steady growth in the coming years.
Potential growth opportunities in the Storefront Glas market include the development of self-cleaning glass, the integration of solar panels into glass facades, and the use of artificial intelligence to optimize energy efficiency.
