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Increasing Number Of Smart Home Devices Is Anticipated To Fuel The Home Appliance Glass Market : A Key Driver Powering Home Appliances Glass Market Growth In 2025
The Home Appliances Glass Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].How Big Is the Home Appliances Glass Market Size Expected to Be by 2034?
In previous years, there has been substantial growth in the size of the home appliances glass market. It is forecasted to enlarge from $7.86 billion in 2024 to $8.26 billion in 2025, with a 5.0% compound annual growth rate (CAGR). The expansion during the historic period is the result of factors like changing consumer tastes, energy efficiency needs, an escalating demand for intelligent devices, economic trends, globalization, and material innovation.
In the coming years, significant expansion is anticipated in the home appliances glass market. The market is projected to reach $10.51 billion in 2029, with a compound annual growth rate (CAGR) of 6.2%. Factors contributing to the growth during the projected period include the integration of smart homes and internet of things (IoT), urbanization, health and safety standards, and supply chain dynamics. The forecast period is also expected to witness several trends such as a surge in demand for energy-efficient appliances, advancements in quick prototyping and 3D printing, partnerships with designers and architects, progress in glass technology, and an emphasis on aesthetics.
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How Are Emerging Segments Shaping the Home Appliances Glass Market Landscape?
The home appliances glass market covered in this report is segmented -
1) By Glass Type: Tempered Glass, Borosilicate Glass, Other Types
2) By Distribution Channel: Multi-Brand Stores, Specialty Stores, Online, Other Distribution Channels
3) By Application: Oven, Washing Machine, TV, Refrigerators, Other Applications
Subsegments:
1) By Tempered Glass: Single Tempered Glass, Laminated Tempered Glass
2) By Borosilicate Glass: Borosilicate Cookware, Borosilicate Laboratory Glassware
3) By Other Types: Annealed Glass, Low Iron Glass, Decorative Glass
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Which Growth Factors Are Influencing Home Appliances Glass Market Expansion?
The growth of the home appliance glass market is anticipated to surge due to the rising number of smart home devices. These smart devices are electronic appliances and systems that come with connectivity features, allowing for remote control or automation via a network, typically the Internet. Home appliance glass is used in these smart devices to augment aesthetic appeal, durability, and touch interfaces, enabling a smooth integration and contemporary design of these networked appliances. For instance, the Canadian Internet Use Survey conducted by Statistics Canada, a Canadian government agency, reported in July 2023 that usage of internet-connected smart home devices increased from 42% in 2020 to 47% in 2022. The most widely used device was the smart speaker, accounting for 30%. Thus, the surge in smart home devices is fuelling the expansion of the home appliance glass market.
Who Are the Dominant Players Across Different Home Appliances Glass Market Segments?
Major companies operating in the home appliances glass market include Schott AG, Guardian Industries Holdings, Nippon Electric Glass Co. Ltd., Glaston Corporation, Qingdao Lansen Glass Technology Co. Ltd., Sinclair Glass, Dongguan Hongxi Glass Intelligence Technology Co. Ltd., Ningbo Bilily Tempered Glass Products Co. Ltd., Saint-Gobain, Vetrerie Riunite Group., Taian Saintly Glass Co. Ltd., Kunshan Energy Glass Technology Co. Ltd., Sanfeng Glass Co. Ltd., Swift Glass Company Inc., Glassline, Mid-American Glass, AGC Inc., Corning Incorporated, Pilkington Group Limited, Vitro S.A.B. de C.V., Fuyao Glass Industry Group Co. Ltd., Xinyi Glass Holdings Limited
What Are the Latest Developing Trends in the Home Appliances Glass Market?
Focusing on the production of innovative solutions like glass door refrigerators, key businesses in the home appliances glass market aim to improve both aesthetics and energy efficiency. Glass door refrigerators, which feature transparent or semi-transparent doors, enable users to see inside without opening the door. For instance, HAIER ELECTRONICS GROUP CO., LTD., a Chinese firm that manufactures small electrical goods, launched its Phoenix series of glass door refrigerators in India in June 2024, providing 185-liter and 190-liter options. These refrigerators are equipped with contemporary designs and superior technology such as Diamond Edge Freezing Technology for effective cooling and stabilizer-free operation to control voltage variations. They also come with hardened glass shelves and easily removable cleaning gaskets. Moreover, Haier also provides a 10-year compressor warranty, underlining their focus on quality, and ensuring customer satisfaction.
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Which Geographic Regions Are Expected to Dominate the Home Appliances Glass Market in the Coming Years?
Asia-Pacific was the largest region in the home appliances glass market in 2024. The regions covered in the home appliances glass market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Home Appliances Glass Market?
2. What is the CAGR expected in the Home Appliances Glass Market?
3. What Are the Key Innovations Transforming the Home Appliances Glass Industry?
4. Which Region Is Leading the Home Appliances Glass Market?
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