Glass Board Market size is projected to experience a healthy growth during 2023 to 2032 owing to its several benefits such as ghosting resistance, durability, and availability in a variety of designs. Consumers are rapidly shifting their preferences from traditional whiteboards to glass writing boards owing to their high suitability for executive offices and boardrooms. In addition, their eco-friendly characteristics as compared to plastic and pressboards will further propel industry share through 2032.
A glass board refers to a naturally stain-resistant board with modern interior design, ideally used in professional offices, schools, colleges, as well as homes. This type of board is available in a variety of colors and has extensive benefits, such as high strength, ease of cleaning, and durability.
Rapid advances in technology and the implementation of e-learning tools across the education sector are the key trends characterizing the overall glass board market growth.
However, manufacturers in the glass and glazing industries are experiencing several issues as a result of growing inflation, including supply shortages and rising raw material and machinery prices. As a result, the high costs of glass boards and the increasing availability of inexpensive interactive smart boards, such as flat panels may hinder industry growth in the future years.
Based on product, the magnetic dry-erase board segment is projected to account for a considerable share by 2032. This can be credited to growing product launches, alongside multiple advantages like durability and non-ghosting or permanent staining nature. In February 2023, Quartet, a leading producer of glass dry-erase products, introduced the new Vertical InvisaMount series of glass dry-erase boards to add convenience and adaptability to any workstation without sacrificing quality, space, or design.
In terms of end-user, the glass board market is classified into education, government, hospitals/medical, corporate, and retail. Of these, the education segment is projected to grow steadily through 2032 as a result of massive government support for educational activities. The segment will continue to expand owing to the increased student collaboration made possible by the education sector's growing adoption of new technologies.
Regionally, the Asia Pacific is expected to emerge as a lucrative revenue prospect for the glass board market by 2032, given the high spending on educational infrastructure in the region. Furthermore, the increasing number of registered colleges and approved universities in the APAC region will also contribute to the rising popularity of glass board design from 2023 to 2032.
The competitive landscape of the glass board industry comprises Fulbright Glass Boards, ArchiExpo, Krystal Glass Writing Boards, Clarus, Casca Glass, MooreCo, ACCO Brands, and Impact Signs, among other manufacturers. Innovative product launches and business expansions are some of the strategies being undertaken by these companies to expand their footprint across the global market.
Its special anti-reflective surface delivers all the benefits of a gloss whiteboard while reducing the issues caused by glare and unwanted reflections.