East Africa Flat Glass Market Size

East Africa Flat Glass Market Size

East Africa Flat Glass Market size was over USD 145 million in 2017 and industry expects consumption at over 140 kilo tons by 2024.

Rising investments in infrastructure development accompanied by favorable government & trade regulations, and rising population are likely to accelerate construction growth majorly in Ethiopia, Mozambique, Rwanda and Tanzania. Increasing development in the building & construction sector is majorly driving East Africa flat glass market growth.
 

Construction market in East Africa constituted of approximately 70 projects in 2017 with total value exceeding USD 30 billion thereby accelerating the infrastructure industry in the region. Rising demand from the construction sector is predicted to create growth opportunities for products such as partitions, roofs, staircases and beams which will further foster East Africa flat glass market demand. Tanzania construction sector shows rapid growth owing to increasing residential & non-residential buildings and roads, which may accelerate East Africa flat glass market.
 

High economic growth accompanied with rising investments from public and private sectors may create growth opportunities in the East Africa flat glass market size. These products include laminated, tempered and insulating types, are highly versatile and incorporated into windows, doors, table tops, handrails, skylights and greenhouses. The furniture market in Kenya was valued at over USD 500 million in 2016 and is expected to grow at significantly owing to increasing spending on interior refurbishments to accentuate the appeal and inclination towards modernization.
 

Increasing trend of energy efficient and smart buildings coupled with upcoming infrastructure projects and supportive government initiatives may stimulate the product demand. Insulating products used simultaneously with low-e-glass provides effective energy conservation and means to comply with building codes. The government is taking efforts to ensure that only Eurocode-complaint building materials will be allowed entry in the market by 2021 which is further expected to stimulate the East Africa flat glass industry growth.
 

East Africa flat glass market growth is stimulated further by the developing automotive industry driven by population growth, economic growth and rising income levels. Kenya automotive sales was over 11,500 vehicles in 2017 and is expected to increase as many established brands such as Toyota, Simba Colt and General Motors are expanding their sales network in the region.