Southern Asia - Safety Glass - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSouthern Asia: Safety Glass Market 2024
Safety Glass Market Size in Southern Asia
The South Asian safety glass market dropped sharply to $X in 2022, waning by -16.7% against the previous year. Over the period under review, consumption, however, continues to indicate a resilient expansion. The level of consumption peaked at $X in 2021, and then reduced sharply in the following year.
Safety Glass Production in Southern Asia
In value terms, safety glass production contracted slightly to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 0.1%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.
Safety Glass Exports
Exports in Southern Asia
In 2022, overseas shipments of safety glass increased by 186% to X square meters, rising for the second year in a row after two years of decline. In general, exports enjoyed a significant expansion. The growth pace was the most rapid in 2018 with an increase of 283%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, safety glass exports surged to $X in 2022. Overall, exports posted a prominent expansion. The growth pace was the most rapid in 2018 with an increase of 192% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports remained at a somewhat lower figure.
Exports by Country
India (X square meters) represented roughly 99% of total exports in 2022.
India was also the fastest-growing in terms of the safety glass exports, with a CAGR of +26.8% from 2012 to 2022. India (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) also remains the largest safety glass supplier in Southern Asia.
From 2012 to 2022, the average annual rate of growth in terms of value in India stood at +17.0%.
Export Prices by Country
In 2022, the export price in Southern Asia amounted to $X per square meter, waning by -53% against the previous year. Overall, the export price recorded a abrupt decline. The pace of growth was the most pronounced in 2019 an increase of 426%. As a result, the export price attained the peak level of $X per square meter. From 2020 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for India.
From 2012 to 2022, the rate of growth in terms of prices for India amounted to -7.7% per year.
Safety Glass Imports
Imports in Southern Asia
In 2022, imports of safety glass in Southern Asia expanded to X square meters, growing by 3% compared with 2021. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 68%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, safety glass imports expanded significantly to $X in 2022. In general, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 when imports increased by 72% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.
Imports by Country
India was the key importing country with an import of about X square meters, which resulted at 78% of total imports. Bangladesh (X square meters) held the second position in the ranking, followed by Pakistan (X square meters). All these countries together took near 19% share of total imports. Sri Lanka (X square meters) followed a long way behind the leaders.
India was also the fastest-growing in terms of the safety glass imports, with a CAGR of +21.0% from 2012 to 2022. At the same time, Bangladesh (+19.9%), Pakistan (+17.1%) and Sri Lanka (+1.9%) displayed positive paces of growth. From 2012 to 2022, the share of India increased by +9.5 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported safety glass in Southern Asia, comprising 78% of total imports. The second position in the ranking was taken by Bangladesh ($X), with a 13% share of total imports. It was followed by Pakistan, with a 5% share.
From 2012 to 2022, the average annual growth rate of value in India totaled +19.9%. The remaining importing countries recorded the following average annual rates of imports growth: Bangladesh (+24.2% per year) and Pakistan (+14.3% per year).
Import Prices by Country
In 2022, the import price in Southern Asia amounted to $X per square meter, increasing by 3.1% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2013 an increase of 15% against the previous year. Over the period under review, import prices hit record highs at $X per square meter in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Bangladesh ($X per square meter), while Pakistan ($X per square meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bangladesh (+3.6%), while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the safety glass market in Southern Asia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 23121210 - Toughened (tempered) safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, s pacecraft, vessels and other vehicles
- Prodcom 23121230 - Toughened (tempered) safety glass, n.e.c.
- Prodcom 23121250 - Laminated safety glass, of size and shape suitable for incorporation in motor vehicles, aircraft, spacecraft, vessels and other vehicles
- Prodcom 23121270 - Laminated safety glass, n.e.c.
Country coverage:
- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Southern Asia, split by region and country
- Trade (exports and imports) in Southern Asia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Afghanistan
- Bangladesh
- Bhutan
- India
- Maldives
- Nepal
- Pakistan
- Sri Lanka
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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