Market Forecast By Product (Low-e, Special, Other), By Application (Commercial Building, Residential Building, Public Building) And Competitive Landscape
Product Code: ETC354683 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Report Name | South Korea Decorative Glass Market |
Forecast period | 2025-2031 |
CAGR | 6.5% |
Growing Sector | Commercial |
South Korea Decorative Glass Market Report thoroughly covers the market by Product and Application. The South Korea Decorative Glass Market Outlook report provides an unbiased and detailed analysis of the ongoing South Korea Decorative Glass Market trends, opportunities/high growth areas, and market drivers. This would help stakeholders devise and align their market strategies according to the current and future market dynamics.
South Korea decorative glass market is experiencing significant growth which is driven by increasing demand in residential and commercial sectors. Additionally, innovations in glass technology and aesthetic preferences are leading to higher adoption rates. Key players in the industry are investing in research and development to produce high-quality, durable products. Government policies supporting green building initiatives also contribute to market growth.
According to 6Wresearch, South Korea Decorative Glass Market is projected to grow at a CAGR of 6.5% during 2025-2031. One of the major drivers of the South Korea Decorative Glass Market is the rising demand for aesthetically pleasing residential and commercial spaces which drives the widespread adoption of decorative glass as an essential design element. Additionally, the rising consumer preference for aesthetically pleasing and modern interiors is propelling the adoption of decorative glass in various applications like partitions, windows, and doors. Moreover, advancements in glass manufacturing technology are enabling the production of innovative and high-quality decorative glass products which further fuels the market growth. Moreover, government initiatives promoting green building practices are further encouraging the use of decorative glass which makes it a preferred choice for eco-conscious consumers and businesses.
However, the South Korea decorative glass market faces several significant challenges that hinder its growth and sustainability. One of the key challenges is the high production costs associated with the intricate designs and high-quality materials which makes it difficult for domestic manufacturers to compete with cheaper imports. Additionally, there is a lack of skilled labour capable of producing the complex and artistic designs required, which in turn limits the market's ability to innovate and expand. Furthermore, fluctuating raw material prices add an element of unpredictability which makes it hard for businesses to maintain consistent pricing strategies. Moreover, stringent environmental regulations impose additional costs and operational constraints which in turn hinders the market growth.
Some of the Key players in the South Korean decorative glass market include KCC Corporation, Saint-Gobain Korea Co. Ltd., AGC Glass Europe, Asahi Glass Co., Ltd., Nippon Sheet Glass Co., Ltd., Fuyao Group, and Schott AG. These companies maintain a robust market presence and continually invest in research and development to introduce novel and innovative products that meet the increasing demand for decorative glass
The South Korean government has implemented several initiatives to promote the growth of the Decorative Glass Market in the country. One of the key initiatives is the introduction of tax incentives for companies that invest in sustainable and innovative glass manufacturing technologies which aims to reduce production costs and encourage eco-friendly practices. Additionally, the government offers grants and subsidies to small and medium-sized enterprises (SMEs) that specialize in decorative glass which fosters a competitive and diverse market. Furthermore, educational programs and workshops are being organized by the government to enhance the skills of artisans and engineers in the industry which in turn fuels the market growth. Moreover, the government promotes international trade partnerships to expand the global reach of its decorative glass products which positions the country as a leader in this market.
The South Korea decorative glass market is projected to experience significant growth in the coming years which can be attributed to the increasing demand for aesthetically appealing interiors and exteriors across residential and commercial sectors. Innovations in glass processing technologies and rising consumer preferences for customized designs further drive this market. Key players in the market are investing in research and development to offer advanced and high-quality decorative glass products. Overall, the South Korean decorative glass market will grow substantially in the future.
According to Ravi Bhandari, Research Head, 6Wresearch, the low-emissivity (Low-E) segment is the dominant segment in the industry and will continue to grow in the coming years as it offers superior energy efficiency by reflecting infrared light while allowing visible light to pass through which makes it a popular choice for eco-friendly building projects.
Based on Application, the commercial building segment is the leading segment in the industry and will continue to grow in the coming years. This growth is due to the increasing use of decorative glass in commercial spaces such as offices, retail stores, and hotels for its aesthetic appeal and functional properties.
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 South Korea Decorative Glass Market Overview |
3.1 South Korea Country Macro Economic Indicators |
3.2 South Korea Decorative Glass Market Revenues & Volume, 2021 & 2031F |
3.3 South Korea Decorative Glass Market - Industry Life Cycle |
3.4 South Korea Decorative Glass Market - Porter's Five Forces |
3.5 South Korea Decorative Glass Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 South Korea Decorative Glass Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 South Korea Decorative Glass Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for modern interior design solutions in residential and commercial buildings |
4.2.2 Increasing disposable income leading to higher spending on home decor |
4.2.3 Government initiatives promoting sustainable and energy-efficient building materials |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Intense competition from alternative materials like plastic and metal |
4.3.3 Economic uncertainty affecting consumer spending on non-essential items |
5 South Korea Decorative Glass Market Trends |
6 South Korea Decorative Glass Market, By Types |
6.1 South Korea Decorative Glass Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 South Korea Decorative Glass Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 South Korea Decorative Glass Market Revenues & Volume, By Low-e, 2021-2031F |
6.1.4 South Korea Decorative Glass Market Revenues & Volume, By Special, 2021-2031F |
6.1.5 South Korea Decorative Glass Market Revenues & Volume, By Other, 2021-2031F |
6.2 South Korea Decorative Glass Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 South Korea Decorative Glass Market Revenues & Volume, By Commercial Building, 2021-2031F |
6.2.3 South Korea Decorative Glass Market Revenues & Volume, By Residential Building, 2021-2031F |
6.2.4 South Korea Decorative Glass Market Revenues & Volume, By Public Building, 2021-2031F |
7 South Korea Decorative Glass Market Import-Export Trade Statistics |
7.1 South Korea Decorative Glass Market Export to Major Countries |
7.2 South Korea Decorative Glass Market Imports from Major Countries |
8 South Korea Decorative Glass Market Key Performance Indicators |
8.1 Average selling price of decorative glass products |
8.2 Number of new product launches and innovations in the market |
8.3 Percentage of market share held by eco-friendly decorative glass options |
8.4 Number of partnerships with interior designers and architects |
8.5 Growth rate of the construction industry in South Korea |
9 South Korea Decorative Glass Market - Opportunity Assessment |
9.1 South Korea Decorative Glass Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 South Korea Decorative Glass Market Opportunity Assessment, By Application, 2021 & 2031F |
10 South Korea Decorative Glass Market - Competitive Landscape |
10.1 South Korea Decorative Glass Market Revenue Share, By Companies, 2024 |
10.2 South Korea Decorative Glass Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |