Glass Flexible Display Global Market Report 2025

The glass flexible display market size has grown strongly in recent years. It will grow from $21.41 billion in 2024 to $23.17 billion in 2025 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to the increasing usage of televisions, laptops, PCs, and tablets, the increase in focus of automotive manufacturers on integrating innovative, the increasing demand for innovative consumer electronics, rising demand for affordable flexible materials, increasing application of flexible display.

The glass flexible display market size is expected to see strong growth in the next few years. It will grow to $32.19 billion in 2029 at a compound annual growth rate (CAGR) of 8.6%. The growth in the forecast period can be attributed to the growth of the automotive industry, increase in demand for greater picture quality, increasing awareness and regulatory pressure around environmental sustainability, increasing popularity of wearable devices, increase in the focus of automotive manufacturers on integrating innovation. Major trends in the forecast period include advancements In display technology, advancements in material technology, a growing market for wearable technology, increased adoption of foldable and rollable devices, and increasing emphasis on sustainability.

The forecast of 8.6% growth over the next five years reflects a modest reduction of 1% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through constrained innovation in foldable devices, as tariffs on ultra-thin glass and Organic Light-Emitting Diode(OLED) panels from South Korea and Japan increase costs for smartphone and wearable manufacturers. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

The rise in consumer electronics demand is set to boost the glass flexible display market in the future. Consumer electronics are devices designed for personal use by end-users, driven by factors such as increasing disposable incomes, evolving consumer lifestyles, urbanization, and the growth of e-commerce. Glass flexible displays are pivotal in creating advanced products such as foldable smartphones, rollable tablets, and curved televisions. For example, in May 2023, Japan Electronics and Information Technology Industries Association reported a total electronic equipment production of $4.91 billion (¥771,457 million) in Japan. Consumer electronics production specifically amounted to $204.67 million (¥32,099 million) in May 2023, up from $161.12 million (¥25,268 million) in May 2022. This upward trend in consumer electronics demand is driving growth in the glass flexible display market.

Leading companies in the Glass Flexible Display market are focusing on developing cutting-edge solutions such as spatial displays to improve user experience and broaden applications across industries like entertainment, healthcare, and automotive. Spatial displays are advanced visual technologies that generate 3D images or holograms, enabling users to engage with content in a more immersive and lifelike manner. These displays do not require special glasses, providing a genuine three-dimensional viewing experience. For example, in May 2024, Looking Glass Factory Inc., a China-based company specializing in holographic displays, launched two spatial display models: one with a 16-inch screen and the other with a 32-inch screen. These models enable 3D visualization without the need for headsets, making them ideal for group viewing. The displays support group interactions by offering between 45 and 100 viewing angles, allowing multiple users to enjoy 3D content at the same time, and are compatible with popular software platforms such as Unity and Unreal Engine.

In May 2024, Vedanta, a company based in India focusing on natural resources, completed the acquisition of AvanStrate for an undisclosed sum. This acquisition reinforces Vedanta's standing within the global display value chain and supports its strategic direction towards technology and expansion into advanced manufacturing sectors. AvanStrate, headquartered in Japan, specializes in the production of glass substrates primarily used in electronic devices and flexible displays.

A glass flexible display combines the durability and transparency of glass with the flexibility of plastic, making it ideal for modern smartphones, tablets, and various electronic devices that benefit from innovative and adaptable designs.

Key components of a glass flexible display include organic materials, substrates, conductive layers, backlight panels, and other essential elements. Organic materials are carbon-based compounds derived from living organisms, encompassing both plant and animal sources. These displays come in various types such as bendable, rollable, and foldable, manufactured using diverse technologies such as flexible flat panel displays, flexible plasma displays, and photographic techniques. They find application across multiple sectors including smartphones, tablets, smartwatches, wearables, televisions, digital signage systems, PC monitors, laptops, e-readers, electronic shelf labels (ESLs), vehicles, public transportation, and smart home appliances. Industries benefiting from these displays span automotive, aerospace, retail, transportation, government, utilities, and more.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

The sharp escalation of U.S. tariffs and resulting trade tensions in spring 2025 are significantly affecting the electrical and electronics sector. Key components such as semiconductors, display panels, and rare-earth metals crucial for batteries and motors are now facing heavy duties. Consumer electronics companies are seeing profit margins shrink, as fierce competition makes it difficult to pass on rising costs to consumers. At the same time, industrial electronics firms are experiencing project delays due to shortages of tariff-impacted parts like printed circuit boards. In response, businesses are shifting assembly operations to tariff-exempt nations, building up inventory reserves, and redesigning products to reduce reliance on restricted materials.

The glass flexible display market research report is one of a series of new reports that provides glass flexible display market statistics, including glass flexible display industry global market size, regional shares, competitors with a glass flexible display market share, detailed glass flexible display market segments, market trends and opportunities, and any further data you may need to thrive in the glass flexible display industry. This glass flexible display market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Major companies operating in the glass flexible display market are Samsung Electronics Co. Ltd., Sony Corporation, BOE Technology Group Co. Ltd, Koninklijke Philips N.V. (Royal Philips), LG Display Co. Ltd., Sharp Corporation, Delta Electronics Inc., Corning Incorporated, DuPont de Nemours Inc., Innolux Corporation, AU Optronics Corp., Materion Corporation, Japan Display Inc., E Ink Holdings Inc., Kateeva Inc., Royole Corporation, Novaled GmbH, NanoLumens Inc., FlexEnable Limited, Plastic Logic Limited, Visionox Company Ltd., Microtips Technology LLC.

Asia-Pacific was the largest region in the glass flexible display market in 2024. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the glass flexible display market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the glass flexible display market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The glass flexible display market consists of sales of design and engineering services, flexible smartphones, and automotive displays. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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