Market Forecast By End-user Industry (Automotive, Construction, Electronics, Other End-user Industries) And Competitive Landscape
Product Code: ETC215324 | Publication Date: May 2022 | Updated Date: Apr 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 60 | No. of Figures: 40 | No. of Tables: 7 | |
The Bangladesh Tempered Glass Market could see a tapering of growth rates over 2025 to 2029. Although the growth rate starts strong at 49.69% in 2025, it steadily loses momentum, ending at 8.72% by 2029.
In the Asia region, the Tempered Glass market in Bangladesh is projected to expand at a exponential growth rate of 36.40% by 2027. The largest economy is China, followed by India, Japan, Australia and South Korea.
Report Name | Bangladesh Tempered Glass Market |
Forecast period | 2025-2031 |
CAGR | 9.8% |
Growing Sector | Construction |
The Bangladesh Tempered Glass Market report thoroughly covers the market by end-user industry. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Bangladesh Tempered Glass Market has accomplished major success and is projected to attain more in the coming years due to the increasing use of electronic devices such as smartphones and laptops in the country, government initiatives, and foreign investment. The market is also going through certain challenges that can hamper its growth to a certain extent in the near future.
According to 6Wresearch, the Bangladesh Tempered Glass Market size is expected to reach a significant CAGR of 9.8% during 2025-2031. One of the major drivers for the growth of the market is the growing construction sector. With rapid urbanization and a growing population, there is growth in construction activities. Tempered glass is being used extensively for windows, doors, railings, and other architectural applications. Additionally, the automotive industry in Bangladesh has also contributed to the growth of the tempered glass market. With an increase in disposable income and a growing middle class, there has been a rise in demand for cars.
As tempered glass is being used for windshields and windows in automobiles, this has led to a higher demand for it in the country. Moreover, the electronics and appliances industry in Bangladesh has also played a vital role in driving the tempered glass market. With the rise of smartphones and other electronic devices, there has been an increasing need for durable screens. However, despite growth and demand in the market, some challenges are faced by the Bangladesh Tempered Glass industry. One of the challenges is the low consumer awareness. Many people in Bangladesh are not aware of the benefits of tempered glass and still are using traditional glass protectors. The higher price of tempered glass than traditional glass protectors is a hindrance among consumers as consumers are price-sensitive. Another challenge in the market is the limited availability of high-quality tempered glass screens.
Some of the key players in the Bangladesh Tempered Glass Market include Borosil Glass Works Ltd., Saint-Gobain India Pvt. Ltd., Asahi India Glass Limited, Gujarat Guardian Limited, and AGC Glass Europe. Moreover, these firms hold enormous Bangladesh Tempered Glass Market Revenues. Further, these companies have a strong presence in the market and offer a wide range of tempered glass products to cater to the diverse needs of customers. They also invest heavily in research and development to constantly improve their product offerings and stay ahead of the competition.
The government has taken several initiatives to boost the Tempered Glass market in Australia. The Government of Bangladesh has been actively promoting and supporting the local production of tempered glass to reduce import dependency and boost economic growth. The Made in Bangladesh initiative aims to promote locally made products and encourage consumers to purchase them over imported goods. Further, these plans have improved the Bangladesh Tempered Glass Market Share. Additionally, the government has also implemented policies to provide incentives and subsidies to local manufacturers of tempered glass. This includes tax breaks, reduced import duties on raw materials, and access to low-cost loans. Moreover, the government has mandated the use of tempered glass in all new construction projects to ensure the safety of citizens.
The Bangladesh Tempered Glass Market is witnessing significant growth in the future driven by the increasing use of electronic devices such as smartphones and laptops in the country, government initiatives, and foreign investment. With the government's continued support and initiatives, the Bangladesh tempered glass market is expected to see significant growth in the coming years. Additionally, with the increasing use of smartphones and other electronic devices, the demand for tempered glass is expected to rise in the future.
According to Ravi Bhandari, Research Head, 6Wresearch, the construction sector dominates the market. The sector will grow in the coming years. With ongoing infrastructural development projects and investments in high rise buildings, the demand for tempered glass is expected to rise significantly. Tempered glass is widely used in building facades, windows, and doors due to its strength and safety features.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Tempered Glass Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Tempered Glass Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Tempered Glass Market - Industry Life Cycle |
3.4 Bangladesh Tempered Glass Market - Porter's Five Forces |
3.5 Bangladesh Tempered Glass Market Revenues & Volume Share, By End-user Industry, 2021 & 2031F |
4 Bangladesh Tempered Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Bangladesh Tempered Glass Market Trends |
6 Bangladesh Tempered Glass Market, By Types |
6.1 Bangladesh Tempered Glass Market, By End-user Industry |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Tempered Glass Market Revenues & Volume, By End-user Industry, 2021 - 2031F |
6.1.3 Bangladesh Tempered Glass Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.1.4 Bangladesh Tempered Glass Market Revenues & Volume, By Construction, 2021 - 2031F |
6.1.5 Bangladesh Tempered Glass Market Revenues & Volume, By Electronics, 2021 - 2031F |
6.1.6 Bangladesh Tempered Glass Market Revenues & Volume, By Other End-user Industries, 2021 - 2031F |
7 Bangladesh Tempered Glass Market Import-Export Trade Statistics |
7.1 Bangladesh Tempered Glass Market Export to Major Countries |
7.2 Bangladesh Tempered Glass Market Imports from Major Countries |
8 Bangladesh Tempered Glass Market Key Performance Indicators |
9 Bangladesh Tempered Glass Market - Opportunity Assessment |
9.1 Bangladesh Tempered Glass Market Opportunity Assessment, By End-user Industry, 2021 & 2031F |
10 Bangladesh Tempered Glass Market - Competitive Landscape |
10.1 Bangladesh Tempered Glass Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Tempered Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |