World - Multiple-Walled Insulating Units Of Glass - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMultiple-Walled Insulating Glass Unit Market
The market for multiple-walled insulating glass units is projected to increase in both consumption and market value over the next eight years, with China leading in both categories. The United States, India, and other countries also play significant roles in the global market. Export and import trends show strong growth, indicating a healthy global trade of these products.
Market Forecast
Driven by increasing demand for multiple-walled insulating units of glass worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +0.2% for the period from 2022 to 2030, which is projected to bring the market volume to 989M square meters by the end of 2030.
In value terms, the market is forecast to increase with an anticipated CAGR of +2.6% for the period from 2022 to 2030, which is projected to bring the market value to $34.6B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Multiple-Walled Insulating Units Of Glass
In 2022, approx. 973M square meters of multiple-walled insulating units of glass were consumed worldwide; approximately mirroring 2021. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak volume of 985M square meters. From 2020 to 2022, the growth of the global consumption remained at a lower figure.
The global multiple-walled insulating glass unit market revenue was estimated at $28.1B in 2022, leveling off at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $28.4B. From 2020 to 2022, the growth of the global market remained at a lower figure.
Consumption By Country
China (213M square meters) constituted the country with the largest volume of multiple-walled insulating glass unit consumption, accounting for 22% of total volume. Moreover, multiple-walled insulating glass unit consumption in China exceeded the figures recorded by the second-largest consumer, the United States (106M square meters), twofold. India (89M square meters) ranked third in terms of total consumption with a 9.2% share.
In China, multiple-walled insulating glass unit consumption remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: the United States (+0.4% per year) and India (+0.3% per year).
In value terms, the largest multiple-walled insulating glass unit markets worldwide were China ($4.7B), the United States ($3.2B) and India ($2.9B), together accounting for 38% of the global market. Brazil, Russia, Indonesia, the UK, Mexico, South Korea, Vietnam, Turkey and Iran lagged somewhat behind, together accounting for a further 28%.
South Korea, with a CAGR of +7.3%, saw the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.
The countries with the highest levels of multiple-walled insulating glass unit per capita consumption in 2022 were Turkey (582 square meters per 1000 persons), South Korea (413 square meters per 1000 persons) and the United States (317 square meters per 1000 persons).
From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the leading consuming countries, was attained by Turkey (with a CAGR of +7.6%), while consumption for the other global leaders experienced more modest paces of growth.
Production
World Production of Multiple-Walled Insulating Units Of Glass
In 2022, approx. 997M square meters of multiple-walled insulating units of glass were produced worldwide; picking up by 2.1% on 2021 figures. In general, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 13% against the previous year. Global production peaked in 2022 and is expected to retain growth in the near future.
In value terms, multiple-walled insulating glass unit production contracted modestly to $29.3B in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 11% against the previous year. Global production peaked at $29.7B in 2021, and then dropped in the following year.
Production By Country
The country with the largest volume of multiple-walled insulating glass unit production was China (230M square meters), accounting for 23% of total volume. Moreover, multiple-walled insulating glass unit production in China exceeded the figures recorded by the second-largest producer, the United States (111M square meters), twofold. India (89M square meters) ranked third in terms of total production with a 9% share.
From 2012 to 2022, the average annual growth rate of volume in China stood at +1.3%. In the other countries, the average annual rates were as follows: the United States (+0.9% per year) and India (+0.3% per year).
Imports
World Imports of Multiple-Walled Insulating Units Of Glass
In 2022, approx. 68M square meters of multiple-walled insulating units of glass were imported worldwide; with a decrease of -2.6% against 2021. Overall, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +9.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 when imports increased by 15%. Over the period under review, global imports reached the peak figure at 77M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, multiple-walled insulating glass unit imports rose markedly to $2.2B in 2022. Over the period under review, total imports indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +5.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +24.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. Global imports peaked in 2022 and are likely to continue growth in years to come.
Imports By Country
The countries with the highest levels of multiple-walled insulating glass unit imports in 2022 were Canada (5.8M square meters), Denmark (3.9M square meters), Norway (3.9M square meters), the United States (3.4M square meters), Sweden (3.4M square meters), Poland (3.2M square meters), the Netherlands (2.9M square meters), Kuwait (2.7M square meters), Switzerland (2.6M square meters), the UK (2M square meters), the United Arab Emirates (1.7M square meters) and Austria (1.6M square meters), together reaching 55% of total import. Belgium (1.6M square meters) followed a long way behind the leaders.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Kuwait (with a CAGR of +45.1%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the United States ($360M), Canada ($197M) and the Netherlands ($126M) were the countries with the highest levels of imports in 2022, together comprising 31% of global imports. Switzerland, Norway, the UK, Denmark, Sweden, Poland, Kuwait, Austria, Belgium and the United Arab Emirates lagged somewhat behind, together comprising a further 32%.
In terms of the main importing countries, Kuwait, with a CAGR of +40.8%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
In 2022, the average multiple-walled insulating glass unit import price amounted to $33 per square meter, growing by 8.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2020 when the average import price increased by 15% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the near future.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($105 per square meter), while the United Arab Emirates ($11 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.1%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Multiple-Walled Insulating Units Of Glass
In 2022, approx. 91M square meters of multiple-walled insulating units of glass were exported worldwide; with an increase of 6.1% compared with 2021. Over the period under review, total exports indicated a remarkable increase from 2012 to 2022: its volume increased at an average annual rate of +6.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.3% against 2012 indices. The growth pace was the most rapid in 2021 when exports increased by 15%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in years to come.
In value terms, multiple-walled insulating glass unit exports expanded markedly to $2.5B in 2022. In general, total exports indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.3% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 17%. Over the period under review, the global exports reached the peak figure in 2022 and are expected to retain growth in years to come.
Exports By Country
In 2022, China (17M square meters), Germany (14M square meters) and Poland (13M square meters) was the key exporter of multiple-walled insulating units of glass in the world, committing 49% of total export. The United States (8.1M square meters) took an 8.8% share (based on physical terms) of total exports, which put it in second place, followed by Turkey (5.7%) and Mexico (4.8%). The United Arab Emirates (2.8M square meters), Spain (2.3M square meters), Croatia (2.3M square meters), France (2.2M square meters), Lithuania (2M square meters), Canada (1.8M square meters) and Austria (1.7M square meters) took a minor share of total exports.
From 2012 to 2022, the biggest increases were recorded for Croatia (with a CAGR of +49.9%), while shipments for the other global leaders experienced more modest paces of growth.
In value terms, Germany ($428M), China ($331M) and Poland ($329M) constituted the countries with the highest levels of exports in 2022, with a combined 44% share of global exports. The United States, Mexico, Turkey, Spain, Austria, the United Arab Emirates, France, Canada, Lithuania and Croatia lagged somewhat behind, together comprising a further 36%.
Among the main exporting countries, Croatia, with a CAGR of +39.5%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other global leaders experienced more modest paces of growth.
Export Prices By Country
The average multiple-walled insulating glass unit export price stood at $27 per square meter in 2022, rising by 2.5% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 8.2%. Over the period under review, the average export prices hit record highs at $28 per square meter in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Austria ($45 per square meter), while China ($19 per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+4.2%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global market for multiple-walled insulating glass unit. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121330 - Multiple-walled insulating units of glass
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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