Middle East & Africa Glass Curtain Wall Market: Industry Analysis and Forecast (2023-2029) Trends, Statistics, Dynamics, Segmentation
Middle East & Africa Glass Curtain Wall Market was valued at USD 6.57 billion in 2022. The Middle East & Africa Glass Curtain Wall Market size is estimated to grow at a CAGR of 7 % over the forecast period.
Format : PDF | Report ID : SMR_973
Middle East & Africa Glass Curtain Wall Market Definition:
Curtain walls are frequently used as part of a wall system or as a component of the building envelope. Increased investment in the development of large commercial buildings and rising demand for residential structures with sleek modern architectural aesthetics are some of the factors driving segment growth in the glass curtain wall market.
Further, the Middle East & Africa Glass Curtain Wall market is segmented by Type, application, construction type, and geography. On the basis of Type, the Middle East & Africa Glass Curtain Wall market is segmented Stick Builts, Unitized, and Others. Based on the Application, the Middle East & Africa Glass Curtain Wall market is segmented under the channels of commercial, and residential. Based on the Construction type, the Middle East & Africa Glass Curtain Wall market is segmented under the channels of new construction, and Refurbishment. By geography, the market covers the major countries in Middle East and Africa i.e., South Africa, Nigeria, Saudi Arabia, UAE, Kuwait, Egypt and Rest of Middle East and Africa For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
Middle East & Africa Glass Curtain Wall COVID 19 Insights:
The primary operations of the construction market have been halted due to the COVID-19 outbreak. The construction market is coping with labour shortages, logistical and supply disruptions, and raw material manufacturing delays as a result of the outbreak. Contract cancellations, production delays, and supply delays, among other issues, have hampered the glass curtain wall market's growth in Middle East & Africa. As a direct result of the COVID-19 virus's shutdown, the market has seen enormous layoffs.
Manufacturing of different consumer items and other items came to a standstill all over the world due to a scarcity of raw materials, labour constraints, and other challenges. This is expected to strangle the Middle East & Africa glass curtain wall market. The spread of the COVID-19 outbreak has hindered the curtain wall market's growth. The supply chain has been harmed as a result of the lockdown to prevent the virus from spreading. Construction projects in the market have also been halted due to a lack of workers. As a result, the demand for curtain walls has plummeted. As a result, until the pandemic is gone, both commercial and residential construction initiatives will be hampered.
The Middle East & Africa Glass Curtain Wall Market Dynamics:
Market Driver: The development of enormous and grandiose constructions with contemporary facilities has been aided by the growth of real estate. In most regions of the world, particularly in developing countries, globalization has led to the creation of huge commercial facilities, including office complexes. Western industrialized economies have committed large sums of money in the form of Foreign Direct Investment to help emerging economies grow their businesses and establish brands. As a result, a range of high-end architectural features is being used in the creation of commercial offices and infrastructures, which is swiftly becoming a major driver of the Middle East & Africa Glass Curtain Wall market growth.
The Middle East & Africa glass curtain wall market is being supported by strong growth in the building and construction sector. Energy-efficient façade solutions are growing more popular, while environmental regulations are becoming stricter. Furthermore, technological advancements in the glass market, rise in commercial and industrial development activities, are driving the Middle East & Africa glass curtain wall market. Increasing awareness of environmentally friendly construction facilities and the attractiveness of green buildings are also driving the glass curtain wall market in Middle East & Africa.
Market Restraints: The attractive appearance of glass-installed structures comes at a great cost. The system's installation and maintenance costs are extremely high, which is a major restraint on the Middle East & African glass curtain wall market. Depending on the needs of the customer, manufacturers offer both standard and custom systems. In large, sophisticated projects, custom wall systems, on the other hand, are highly competitive with standard wall systems. As a result, the consumer will need to hire qualified design consultants to accomplish such projects, which will increase the project's cost.
Middle East & Africa region is expected to grow at significant growth throughout the forecast period. The countries of the Gulf Cooperation Council (GCC) control the Middle East and Africa markets. As GCC member countries aim to reduce their dependency on oil by hiring new enterprises, the number of commercial projects in the region is rapidly growing. Saudi Arabia, for example, has unveiled its 'Saudi Vision 2027,' which aims to recruit large international corporations and increase the infrastructure sector in order to restructure the domestic economy and reduce the country's dependency on the oil market by 2027
The Middle East & Africa Glass Curtain Wall Market Segment Analysis:
By Type, Unitized systems account for a significant portion of the market because they are installed on the exteriors of buildings on a wide scale. This system is made up of huge components that have been pre-assembled and glazed at the factory. Because the unitized systems serve as the building's envelope, fire safety, thermal efficiency, and sound transmission must all be considered. This system is made up of superior grade materials and designs to ensure optimum performance, which increases the system's cost.
The stick system is expected to increase at a steady rate during forecast period because of its durability and suitability for low-volume construction. In addition, the system is compatible with a wide range of building structures and glass kinds. Furthermore, the stick method is being used to convert ancient building structures into new ones. The high installation cost and lengthy installation time associated with this system type are expected to have a negative impact on sector growth throughout the forecast period.
By Application, The residential segment of the glass curtain wall market is expected to rise at a substantial CAGR during the forecast period. Energy-saving solutions, such as installing energy-efficient lighting and HVAC systems, are gradually being implemented in multifamily residential buildings. Glass curtain walls are expected to grow increasingly popular in the future as a result of this. Stadiums, public buildings, and other transit facilities such as airports, bus terminals, and train stations are included in the public section. These venues are gradually adopting green building practises in order to save energy and meet various regulatory requirements. As a result, using glass curtain walls in such situations can save a lot of energy.
The commercial end-use sector led the market for glass curtain walls because of the increased emphasis on the development of energy-efficient office spaces and commercial structures. Rising investment in the restoration of existing office buildings is expected to increase demand for glass curtain walls during forecast period. Hotels, resorts, hospitals, and retail malls are examples of commercial properties. These businesses consume a large amount of electricity and spend a large amount of money on it. Furthermore, high electricity consumption drives up operating costs, limiting overall profit margins.
Middle East & Africa Glass Curtain Wall Market Key Players Insights:
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the Middle East & Africa market, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the Middle East & Africa Glass Curtain Wall market to the stakeholders in the market. The report provides trends that are most dominant in the Middle East & Africa Glass Curtain Wall market and how these trends will influence new business investments and market development throughout the forecast period. The report also aids in the comprehension of the Middle East & Africa Glass Curtain Wall Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Middle East & Africa Glass Curtain Wall market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the market and market growth through the forecast period. The report also includes the competitive landscape of key players in the market along with their recent developments in the Middle East & Africa Glass Curtain Wall market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Middle East & Africa Glass Curtain Wall market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Middle East & Africa Glass Curtain Wall market. The report also analyses if the Middle East & Africa Glass Curtain Wall market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Middle East & Africa Glass Curtain Wall market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Middle East & Africa Glass Curtain Wall market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Middle East & Africa Glass Curtain Wall market is aided by legal factors.
Middle East & Africa Glass Curtain Wall Market Scope:
Middle East & Africa Glass Curtain Wall Market
Market Size in 2022
USD 0.24 Bn.
Market Size in 2029
USD 0.30 Bn.
by Construction Type
Rest of the Middle East and Africa
Middle East & Africa Glass Curtain Wall Market Key Players:
- Palram (South Africa)
- Reynaers (South Africa)
- AGA (South Africa)
- Geustyn & Horak Ltd (South Africa)
- K.S. Manufacturer (Soudi Arabia)
- Jaungho ( Soudi Arabia)
- Wintek (Soudi Arabia)
- Decent (UAE)
Frequently Asked Questions
The segments covered in the Middle East & Africa Glass Curtain Wall Market report are based on Type, Application, and Construction Type.
The forecast period for the Middle East & Africa Glass Curtain Wall Market is 2023-2029.
- Scope of the Report
- Research Methodology
- Research Process
- Middle East & Africa Glass Curtain Wall Market: Target Audience
- Middle East & Africa Glass Curtain Wall Market: Primary Research (As per Client Requirement)
- Middle East & Africa Glass Curtain Wall Market: Secondary Research
- Executive Summary
- Competitive Landscape
- Stellar Competition matrix
- Middle East & Africa Stellar Competition Matrix
- Key Players Benchmarking: - by Product, Pricing, Investments, growth Plans, Physical Presence, and Presence in the Market.
- Mergers and Acquisitions in Market: - M&A by Region, Value, and Strategic Intent
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- PESTLE Analysis
- PORTERS Five Force Analysis
- Value Chain Analysis
- Stellar Competition matrix
- Middle East & Africa Glass Curtain Wall Market Segmentation
- Middle East & Africa Glass Curtain Wall Market, by Type (2022-2029)
- Middle East & Africa Glass Curtain Wall Market, by Application (2022-2029)
- Middle East & Africa Glass Curtain Wall Market, Construction Type (2022-2029)
- New Construction
- Middle East & Africa Glass Curtain Wall Market, by Country (2022-2029)
- South Africa
- Saudi Arabia
- Rest of Middle East & Africa
- Middle East & Africa Glass Curtain Wall Market, by Type (2022-2029)
- Company Profiles
- Key Players
- Company Overview
- Product Portfolio
- Financial Overview
- Business Strategy
- Key Developments
- Geustyn & Horak Ltd
- K.S. Manufacturer
- Key Players
- Key Findings