Global Glass Board Market Share Is Expected To Grow At A CAGR Of 8.40% By 2028

14-Sep-2022 | Facts and Factors

According to Facts and Factors, the global glass board market size was worth USD 782.30 million in 2021 and is estimated to grow to USD 1,269.25 million by 2028, with a compound annual growth rate (CAGR) of approximately 8.40% over the forecast period. The report analyzes the glass board market's drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the glass board market.

A glass board is a naturally stain-resistant board with a contemporary interior that works well in homes, offices, and educational institutions. This board is in various colors and offers many advantages, including great strength, simplicity in cleaning, and durability. The two main trends driving the global glass board market growth are the use of e-learning technologies in the education sector and quick technological advancements. For instance, Pathway Innovations debuted e-Glass, an all-in-one writing surface, in partnership with Matt Anderson, a San Diego State University physics professor. A transparent glass writing board was created to improve student engagement and learning opportunities in the modern day. It has a camera and programmable lighting.

Browse the full “Glass Board Market Size, Share, Growth Analysis Report By Type (Clear Glass Boards, Tailored Glass Wipe Boards, Frosted Glass Writing Boards, Magnetic Glass Marker Boards, and Colored Glass Wipe Boards), By Size (Small, Medium, and Large), By End-User (Education, Government, Hospitals/Medical, Corporate, and Retail), and By Region - Global and Regional Industry Insights, Overview, Comprehensive Analysis, Trends, Statistical Research, Market Intelligence, Historical Data and Forecast 2022 – 2028" report at https://www.fnfresearch.com/glass-board-market

The considerable increase in government funding to use the product for various applications will support the global glass board market boom during the anticipated term. However, the rising popularity of alternatives such as flat screens and tablets might impede business growth. It is projected that e-learning and gamification projects will become more widely used in the business and educational sectors. Students can now interact more easily thanks to educational institutions' extensive embrace of modern e-learning tools. Additionally, it is anticipated that the product's favorable qualities, such as its style, cleanliness, and durability, will further fuel the market's expansion during the anticipated period. The expensive cost of glass boards and the widespread affordability of interactive smart boards like flat panels may hinder the industry's further expansion in the next years. Governmental entities' strict enforcement of regulations mandating the glass board industry may also restrain market growth.

The global glass board market is segregated based on type, size, end-user, and region. Based on the type, the market is divided into clear glass boards, tailored glass wipe boards, frosted glass writing boards, magnetic glass marker boards, and colored glass wipe boards. In 2021, the clear glass board dominated the type segment in the global market. The healthcare and retail sectors' tremendous need for clear glass boards has contributed to the segment's growth during the predicted period. Based on the size, the global market has been segmented into small, medium, and big enterprise. The medium enterprise segment dominated the global market in 2021 due to the rapid adoption of glass boards by medium enterprises globally. Based on the end-user, education, government, hospitals/medical, corporate, and retail are the segments of the global glass board market. The education segment led the market in 2021. The segmental rise over the predicted timeframe is caused by extensive government funding of educational initiatives.

North America will profitably increase the global glass board market's value over the expected period. The major presence of key businesses from countries including the U.S. is necessary for the regional market to grow. Regional market dynamics will also be influenced by the new glass board market's widespread adoption and alluring compensation regulations. As a result of local governments enacting strict drug restrictions, the market for glass boards in North America is anticipated to grow quickly in the years ahead.

Report Scope

Key players in the global glass board market include Krystal Glass Writing Boards, Inc., Casca Glass Boards, CHAT BOARD A/S, Claridge, Clarus, Egan Visual, Esquire, Fulbright Glass Boards, Glass Whiteboard, GMi Companies Inc., Legamaster International B.V., M3 Glass Technologies, MooreCo, NAGA Denmark, NOBO EUROPE, PRINCE BOARD, SEVASA, QUARTET, Spectrus, The Canada Whiteboard Co., and The Glass Wipe Board Company.

Recent Development:

• July 2021: Arden Studio made its debut as a brand-new, design-focused manufacturer of glass writing boards and other products for ACCO Brands. The introduction of the new brand is meant to improve the aesthetics and security of communal areas and workplaces.

Global Glass Board Market is segmented as follows:

By Type Segment Analysis

• Clear Glass Boards
• Tailored Glass Wipe Boards
• Frosted Glass Writing Boards
• Magnetic Glass Marker Boards
• Colored Glass Wipe Boards

By Size Segment Analysis

• Small
• Medium
• Large

By End-User Segment Analysis

• Education
• Government
• Hospitals/Medical
• Corporate
• Retail

By Region

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Nordic Countries
    • Denmark
    • Sweden
    • Norway
  • Benelux Union
    • Belgium
    • The Netherlands
    • Luxembourg
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • South Korea
  • Southeast Asia
    • Indonesia
    • Thailand
    • Malaysia
    • Singapore
    • Rest of Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America

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