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Mirror Sheets Market Analysis

  • Report ID: GMI10216
  • Published Date: Jul 2024
  • Report Format: PDF

Mirror Sheets Market Analysis

Based on material, the market is divided into glass, acrylic and others. In 2023, acrylic mirror sheets held the dominant market of USD 900 million and is expected to reach USD 1.7 billion by 2032. A major advantage of acrylic is its lighter weight compared to glass, making it ideal for wall-mounted applications or areas with safety concerns (e.g., gyms, dance studios). Additionally, acrylic is shatterproof, reducing the risk of injuries. Due to its shatterproof nature, acrylic is a preferred choice for applications where safety is paramount, especially in areas frequented by children or with high foot traffic.
 

Mirror Sheets Market Revenue Share, By Shape, (2023)

Based on shape, the mirror sheets market is categorized into square, rectangle, round, oval and others. In 2023, square shape held the dominant market share of 31% and is anticipated to grow through the years. Square and rectangular mirrors are the most widely used shapes due to their versatility and functionality. They are ideal for wall applications, maximizing reflection area in rooms, hallways, or retail spaces. These shapes are easier and less expensive to produce compared to custom shapes. This translates to wider availability and affordability for budget-conscious projects.
 

U.S. Mirror Sheets Market Size, 2021 - 2032 (USD Million)

North America held a market of around USD 300 million in 2023 and is expected to reach USD 700 million by 2032. Rising activity in residential and commercial construction creates significant demand for architectural mirrors. Square and rectangular mirror sheets are commonly used for walls, ceilings, and decorative elements in buildings, offices, and retail spaces.
 

The market in U.S. is set to grow through a CAGR of 7.4% through the forecast time period. The U.S. housing market significantly influences the mirror sheet market. New construction creates demand for architectural mirrors, while the strong trend towards home renovations drives demand for all mirror sheet types (architectural, furniture, DIY) as homeowners update their spaces.
 

The German mirror sheets market maintained a considerable position in Europe. German consumers prioritize high-quality products built to last. Manufacturers catering to this market will emphasize using durable and long-lasting materials like tempered glass or high-quality acrylic for mirror sheets.
 

China is supposed to grow at the highest rate of 8.1% in the region. China's rapid urbanization translates to a surge in high-rise buildings and modern architecture. This creates significant demand for architectural mirrors, with square and rectangular shapes being most popular for walls, ceilings, and decorative elements in these structures.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size for mirror sheets was valued at USD 1.5 billion in 2023 and is estimated to grow at 7% CAGR during 2024-2032, driven by rising activity in residential and commercial construction.

The acrylic mirror sheets market recorded USD 900 million and is expected to reach USD 1.7 billion by 2032, owing to its lighter weight compared to glass.

North America market size was USD 300 million in 2023 and is expected to reach USD 0.7 billion by 2032, driven by rising activity in residential and commercial construction.

Plaskolite, Mitsubishi, Evonik, SABIC, Arkema, Reynolds Polymer Technology, Emco Plastics, and Tap Plastics among others.

Mirror Sheets Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 428
  • Countries covered: 19
  • Pages: 487
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