Market Size of Flexible Glass Industry
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 1.80 Billion |
| Market Size (2029) | USD 2.48 Billion |
| CAGR (2024 - 2029) | 6.62 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Asia Pacific |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Flexible Glass Market Analysis
The Flexible Glass Market size is estimated at USD 1.8 billion in 2024, and is expected to reach USD 2.48 billion by 2029, growing at a CAGR of 6.62% during the forecast period (2024-2029).
The COVID-19 pandemic negatively impacted the flexible glass market. However, the market recovered significantly in 2021, owing to rising consumption from various applications such as producing lightweight, thin, robust, and portable electronics.
- Increasing demand for flexible glass from electrical and electronics and consumer goods industries and lower cost of raw materials is expected to drive the market during the forecast period.
- High production complexity, environmental concerns, and health issues due to silica fumes will likely hinder market growth over the medium term.
- Increasing usage of flexible glass in solar panels, automotive, and defense sectors is expected to provide wide opportunities for manufacturers.
- Asia-Pacific represents the largest market and is expected to be the fastest-growing market over the forecast period, owing to the increasing consumption from countries such as China, India, and Japan.
