Home Appliances Glass Industry Outlook 2025-2029: Market Set to Cross $10.51 Billion Milestone

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How Large Will the Home Appliances Glass Market Size By 2025?
In recent times, the market size for glass in home appliances has experienced substantial expansion. Predictions indicate that it will increase from $7.86 billion in 2024 to about $8.26 billion in 2025, boasting a compound annual growth rate (CAGR) of 5.0%. Factors contributing to this progress in the historic period include customer choices, requirements related to energy efficiency, surging demand for intelligent appliances, economic dynamics, globalization, and material advancement.

How Big Is the Home Appliances Glass Market Size Expected to Grow by 2029?
Strong growth is forecasted in the home appliances glass market over the coming years, with its size estimated to reach $10.51 billion by 2029, demonstrating a compound annual growth rate (CAGR) of 6.2%. The predicted growth in the forecast period is due to factors such as the integration of smart homes and the internet of things (IoT), increased urbanization, the emphasis on health and safety standards, and changes in supply chain dynamics. During the forecast period, major trends include a growing demand for energy-efficient appliances, swift prototyping and 3D printing, partnerships with designers and architects, developments in glass technology, and a stronger focus on aesthetics.

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Which Key Market Drivers Powering Home Appliances Glass Market Expansion and Growth?
The uptick in smart home devices is anticipated to fuel the expansion of the home appliance glass market. The term "smart home devices" pertains to appliances, systems, and electronic devices with connectivity capabilities, which can be automated or remote-controlled over a network, often using the internet. Home appliance glass enhances the aesthetics and durability of smart home devices and facilitates touch interfaces, thus allowing these appliances to seamlessly blend into modern designs. For instance, the Canadian Internet Use Survey by Statistics Canada, a government agency based in Canada, revealed in July 2023 that internet-connected smart home device usage had continued to rise, increasing from 42% in 2020 to 47% in 2022. The smart speakers, with a 30% user base, were the highest-rated devices. As a result, the surge in smart home devices is accelerating the growth of the home appliance glass market.

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Which Fast-Growing Trends Are Poised to Disrupt the Home Appliances Glass Market?
In the home appliances glass market, prominent firms are concentrating on crafting innovative products like glass door refrigerators, to improve both aesthetics and energy efficiency. These refrigerators have clear or semi-clear doors that let customers see what's inside without having to open it. A key example is in June 2024, when HAIER ELECTRONICS GROUP CO., LTD., a small electrical appliance producer from China, launched their Phoenix series of glass door refrigerators in India, which come in 185-liter and 190-liter versions. These refrigerators come with contemporary designs and cutting-edge features, such as Diamond Edge Freezing Technology for effective chilling and stabilizer-free functioning to control voltage shifts. They also highlight hard-wearing glass shelves and detachable gaskets that are easy to clean. Haier also gives a 10-year compressor warranty, accentuating their dedication to quality and customer contentment.

What Are the Emerging Segments in the Home Appliances Glass Market?
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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Who Are the Global Leaders in the Home Appliances Glass Market?
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

Which are the Top Profitable Regional Markets for the Home Appliances Glass Industry?
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

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