Southeast Asia’s most anticipated glass and façade event, GlassTech Asia will be welcoming its twentieth edition – and Fenestration Asia its seventh edition, at Saigon Exhibition and Convention Center (SECC) in Ho Chi Minh City, Vietnam from 11th to 13th December 2024.
The event is centered on all things glass and buildings which includes sectors in manufacturing, processing, and supplies for glass machineries, along with construction and façade.
Market Reach
Nested in the heart of SEA, Vietnam has established itself as a powerful economic force within the ASEAN region. With a population exceeding 98.8 million, this dynamic city serves as a vital gateway to the ASEAN market.
Investment and Expansion
Vietnam's construction market is expected to grow at an AAGR of more than 6% from 2025–2028 with focus on affordable housing, renewable energy, and road and rail transportation. In 2023, the country received 36.6 billion USD in foreign direct investment (FDI), which was a 32.1% increase from the previous year.
Fast-Growing Demand
Vietnam's prime geographical position, young and abundant workforce, and rapid urban developments makes it an appealing destination for businesses operating in the glass and fenestration sector.
Market Advancement
The Asia Pacific Flat Glass market is anticipated to expand from USD 63.42 billion in 2023 to USD 87.43 billion by 2028, highlighting a robust CAGR of 6.63%. With a forecasted CAGR of 9.9% from 2023 to 2030, the smart glass market's growth is propellled by energy conservation initiatives and the adoption of green buildings.