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Storefront Glass Market Growing At A CAGR Of 7.3% And Is Projected To Reach USD 13.3 Billion By 2032
(MENAFN- EIN Presswire)
market is poised for significant growth, driven by increasing urbanization, security concerns, and advancements in smart glass technology
Through precision, innovation, and resilience, the construction and manufacturing industries build the frameworks and tools that shape our modern world” - AMRWILMINGTON, DE, UNITED STATES, February 12, 2025 /EINPresswire / -- The growing demand for storefront glass in the commercial sector is a key driver of the storefront glass market . Additionally, technological advancements in the manufacturing of construction glass have played a crucial role in enhancing safety and security, further accelerating market growth. According to a report by Allied Market Research, the storefront glass market was valued at $5.6 billion in 2020 and is projected to reach $13.3 billion by 2032, growing at a CAGR of 7.3% from 2023 to 2032.
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Storefront glass is widely used in commercial and retail buildings to create visually appealing and functional facades. This specialized glass is used in windows and doors to provide transparency and natural light while maintaining security and durability. The increasing construction of commercial and institutional buildings is expected to drive the demand for storefront glass. Countries such as the U.S., China, Germany, and India are expected to be key markets due to their large urban populations and high disposable incomes. The World Bank estimates that 56% of the global population currently lives in urban areas, a figure expected to rise to over 70% by 2050.
Retail stores, hospitality buildings, and other commercial real estate developments are expanding rapidly to accommodate the needs of growing urban populations. Furthermore, the rise of IT and service sector jobs in countries like India and China is fueling the construction of commercial office spaces. For instance, the India Brand Equity Foundation (IBEF) predicts that demand for office spaces will continue to grow, particularly in urban centers such as Delhi-NCR, Mumbai, and Bengaluru. As a result, the need for durable, aesthetically pleasing, and secure storefront glass solutions is increasing, driving market growth.
Security concerns in the commercial sector have further boosted the demand for high-quality storefront glass. According to the Federal Bureau of Investigation (FBI), a burglary occurs every 26 seconds in the U.S., with an average loss of $2,800 per incident. This has led to increased adoption of security measures, including video intercom systems, voice-activated devices, and smart outlets. In addition, the rising awareness of hygiene has fueled the demand for automatic storefront glass doors to minimize contact with potentially contaminated surfaces. The 2021 International Building Code (IBC) mandates the installation of automatic entrance doors in public buildings, further supporting market expansion.
Several key players in the storefront glass industry, such as ASSA ABLOY Group, Nabtesco Corporation, and Stanley Black & Decker, Inc., are actively investing in technological innovations. For example, in September 2019, Stanley Access Technologies introduced the DuraFit Telescoping Automatic Door, designed for high-traffic environments such as hospitals, hotels, and retail centers. This product features a bi-part, six-panel telescoping design that fits openings between 6 ft. and 9 ft., catering to space-constrained areas.
The integration of smart home systems is another factor contributing to the rising demand for storefront glass. Smart glass technologies not only enhance security but also add to the visual appeal of residential and commercial buildings. This trend is expected to create profitable opportunities for industry players in the coming years.
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Storefront glass is also gaining popularity in the restaurant and café industry. It offers multiple benefits, including improved aesthetics, brand alignment, and an inviting ambiance. Transparent storefronts allow potential customers to see the interior décor and menu offerings, encouraging them to enter and dine. These factors are expected to drive further market growth during the forecast period.
Despite its advantages, storefront glass requires regular cleaning and maintenance to retain its visual appeal. Exposure to dust, grime, and weather conditions can affect its transparency and durability. Additionally, the cost of raw materials used in glass production, such as recycled waste, limestone, and sodium carbonate, is rising. These factors may act as constraints on market growth.
Nevertheless, the rapid urbanization of developing nations and increasing per capita income levels are expected to provide significant opportunities for the storefront glass market. Higher disposable incomes are driving demand for premium commercial infrastructure, which, in turn, is fueling market growth. Furthermore, renovations and expansions of commercial buildings to attract customers worldwide are expected to boost the demand for storefront glass.
Strategic alliances between key market players are also expected to contribute to market expansion. Collaborations and technological advancements will enhance product offerings, meeting the evolving demands of the commercial sector. These developments are likely to drive the storefront glass market forward during the forecast period.
Update On Demand@
Key Findings of the Study
The report provides an in-depth analysis of the storefront glass market, covering current and emerging trends.
The insulated glass segment generated the highest revenue in 2022.
Offline distribution channels accounted for the largest share of sales in 2022.
The store segment was the dominant end-user category in 2022.
The Asia-Pacific region is projected to lead the market throughout the study period.
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Download PDF Sample@
Storefront glass is widely used in commercial and retail buildings to create visually appealing and functional facades. This specialized glass is used in windows and doors to provide transparency and natural light while maintaining security and durability. The increasing construction of commercial and institutional buildings is expected to drive the demand for storefront glass. Countries such as the U.S., China, Germany, and India are expected to be key markets due to their large urban populations and high disposable incomes. The World Bank estimates that 56% of the global population currently lives in urban areas, a figure expected to rise to over 70% by 2050.
Retail stores, hospitality buildings, and other commercial real estate developments are expanding rapidly to accommodate the needs of growing urban populations. Furthermore, the rise of IT and service sector jobs in countries like India and China is fueling the construction of commercial office spaces. For instance, the India Brand Equity Foundation (IBEF) predicts that demand for office spaces will continue to grow, particularly in urban centers such as Delhi-NCR, Mumbai, and Bengaluru. As a result, the need for durable, aesthetically pleasing, and secure storefront glass solutions is increasing, driving market growth.
Security concerns in the commercial sector have further boosted the demand for high-quality storefront glass. According to the Federal Bureau of Investigation (FBI), a burglary occurs every 26 seconds in the U.S., with an average loss of $2,800 per incident. This has led to increased adoption of security measures, including video intercom systems, voice-activated devices, and smart outlets. In addition, the rising awareness of hygiene has fueled the demand for automatic storefront glass doors to minimize contact with potentially contaminated surfaces. The 2021 International Building Code (IBC) mandates the installation of automatic entrance doors in public buildings, further supporting market expansion.
Several key players in the storefront glass industry, such as ASSA ABLOY Group, Nabtesco Corporation, and Stanley Black & Decker, Inc., are actively investing in technological innovations. For example, in September 2019, Stanley Access Technologies introduced the DuraFit Telescoping Automatic Door, designed for high-traffic environments such as hospitals, hotels, and retail centers. This product features a bi-part, six-panel telescoping design that fits openings between 6 ft. and 9 ft., catering to space-constrained areas.
The integration of smart home systems is another factor contributing to the rising demand for storefront glass. Smart glass technologies not only enhance security but also add to the visual appeal of residential and commercial buildings. This trend is expected to create profitable opportunities for industry players in the coming years.
Enquire Before Buying@
Storefront glass is also gaining popularity in the restaurant and café industry. It offers multiple benefits, including improved aesthetics, brand alignment, and an inviting ambiance. Transparent storefronts allow potential customers to see the interior décor and menu offerings, encouraging them to enter and dine. These factors are expected to drive further market growth during the forecast period.
Despite its advantages, storefront glass requires regular cleaning and maintenance to retain its visual appeal. Exposure to dust, grime, and weather conditions can affect its transparency and durability. Additionally, the cost of raw materials used in glass production, such as recycled waste, limestone, and sodium carbonate, is rising. These factors may act as constraints on market growth.
Nevertheless, the rapid urbanization of developing nations and increasing per capita income levels are expected to provide significant opportunities for the storefront glass market. Higher disposable incomes are driving demand for premium commercial infrastructure, which, in turn, is fueling market growth. Furthermore, renovations and expansions of commercial buildings to attract customers worldwide are expected to boost the demand for storefront glass.
Strategic alliances between key market players are also expected to contribute to market expansion. Collaborations and technological advancements will enhance product offerings, meeting the evolving demands of the commercial sector. These developments are likely to drive the storefront glass market forward during the forecast period.
Update On Demand@
Key Findings of the Study
The report provides an in-depth analysis of the storefront glass market, covering current and emerging trends.
The insulated glass segment generated the highest revenue in 2022.
Offline distribution channels accounted for the largest share of sales in 2022.
The store segment was the dominant end-user category in 2022.
The Asia-Pacific region is projected to lead the market throughout the study period.
More Reports
Barrier Systems Market
Smart Irrigation Controllers Market
Automatic Checkweighers Market
Undercarriage Component Market
Ready Mix Plaster Market
Residential Wooden Doors Market
India Fire Rated Metal Doors Market
North America Doors Market
David Correa
Allied Market Research
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