Market Size of Mexico Flat Glass Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.67 Billion |
| Market Size (2029) | USD 2.13 Billion |
| CAGR (2024 - 2029) | 4.92 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Mexico Flat Glass Market Analysis
The Mexico Flat Glass Market size is estimated at USD 1.67 billion in 2024, and is expected to reach USD 2.13 billion by 2029, growing at a CAGR of 4.92% during the forecast period (2024-2029).
The COVID-19 pandemic negatively affected the market owing to several restrictions imposed by the Mexican government. However, the market recovered well after the restrictions were lifted. The market recovered significantly, owing to the rise in consumption of flat glass for building, construction, and automotive industries in the country.
- The increasing demand from the construction industry and growing demand for electronic displays are major factors driving the growth of the market studied.
- However, the fluctuating prices of raw materials and government regulations on carbon emissions are likely to restrain the growth of the studied market.
- Nevertheless, advancements in the usage of flat glass in renovation projects in the construction industry are expected to create opportunities for the market during the forecast period.
