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Statistics of Glass Board Market covering market size, industry share numbers, regional outlook, competitive landscape with data about leading companies is now available in the latest report by Global Market Insights, Inc.
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Glass Board Market Growth Outlook with Industry Review and Forecast 2019-2025 © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Global Market Scenario of Glass Board Industry • The major factors which are driving the global glass board market include the adoption of e-learning, gamification in education & corporate sectors and increased government funding to incorporate the product for various applications. Growing investment in the education sector is one of the major factors driving the glass board market growth. • Education is the second largest industry in the world after healthcare. Increasing technology adoption in education sector has led to improved collaboration and interaction among students. Global educational technology market has crossed USD 17.7 billion in 2017 and it is projected to grow to USD 40.9 billion by 2022, at the CAGR of 18.3%. The growth of education sector shall help the glass board market to grow on a significant rate over the forecast time frame. • The global glass board market has been segmented by product into magnetic dry erase boards and non-magnetic dry erase boards. Magnetic dry erase boards are some of the most useful and durable products in glass board market. They combine the clean look of board with the added features of posting exam calendars and important documents. It is a great tool for professors, business owners and hospitals, owing to these properties magnetic dry erase board market is anticipated to grow at a significant growth rate. • Magnetic dry erase glass boards are generally installed in front of K-8 classrooms. These boards let teachers do more than with dry erase markers. Schools choose to place non-magnetic whiteboards at back of the classrooms, where reminders, homework assignment and other notes needed to use the board. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Regional Trends:- • Asia Pacific held the major market share of glass board market in 2017 and it is anticipated to lead the market, over the forecast period. The growth of glass board market in the region is primarily driven by increasing investments on educational infrastructure coupled with improving lifestyle in the developing countries such as India and China. • The school accounted for the largest market share of Asia Pacific glass board market in past few years and projected to continues to do so throughout the forecast period. Education sector in India is currently valued at USD 100 billion and anticipated to nearly double USD 180 billion by 2020. Indonesia, Sri Lanka, and Myanmar’s education markets are growing with good growth rate. • This exponential growth in education sector of the region will provide more opportunities to the Asia Pacific glass board market in near future. • North America was the second largest product consumer. This regional market is likely to experience moderate growth over the forecast timespan due to technological advancement and increasing adoption of interactive whiteboards in the region. • Europe might experience sluggish growth rate in coming years, due to market saturation and increasing usage of modern devices in classroom teaching. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Competitive Trends: • Major players operating in the global glass board market are ACCO Brands, MooreCo Inc., Impact Signs Inc., Xiamen Blessing Glass Whiteboard Manufacturing Co., Ltd, Clarus, Glass Whiteboard, Casca Glass, Fulbright Glass Boards, Krystal Glass Writing Boards, Inc., Ghent, Archi Expo and Claridge, among others. • In April 2016, MooreCo Inc. and VanerumStelter, LLC came together to offer most comprehensive offering of educational and commercial furniture, tools, technological products, and visual communication tools. This strategic decision will help both companies to provide better solution to customer and it will increase their customer base. © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Glass Board Market@ https://bit.ly/37aFweW Request Sample Copy for this report @https://bit.ly/3618eyx Inquire Before Buying This Report@https://bit.ly/39jbbwr © 2019 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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