파사드 : 시장 점유율 분석, 업계 동향 및 통계, 성장 예측(2024-2029년)

The Facade Market size is estimated at USD 246.96 billion in 2024, and is expected to reach USD 315.11 billion by 2029, growing at a CAGR of 5% during the forecast period (2024-2029).

COVID-19 hard hit on the construction sector across the globe, resulting in project delays, labor shortages, and halts in some places due to the pandemic restrictions.

Later, after easing the restrictions, the construction sector experienced a slow recovery. Currently, some of the regions are witnessing significant growth in commercial and residential projects, further driving the facade manufacturing sector.

Moreover, facade installations are gaining traction across the world, majorly driven by increasing concern towards energy efficiency and external beautification aspects. In addition, solar facade installations are exercising lucrative growth, and to meet the increasing demand for solar facades most manufacturers are focusing on developing new and advanced solar facades. For instance, in March 2022, a Canadian solar technology manufacturer, Mitrex, launched the Solar Brick, which looks like a brick wall but has embedded solar modules. These modules are lightweight and durable and can store energy, which is enough to power the building.

Furthermore, increasing commercial and residential projects across the globe fuel the facade's adoption. For instance, in 2022, in Europe, the King Baudouin Foundation planned to fund more than EUR 500,000 (USD 534,175) to support 11 projects to green the public space by creating vertical gardens on the facades of public buildings throughout Belgium. In addition, more than 28 projects were submitted for greening the outer walls of hospitals, town halls, libraries, cultural centers, sports facilities, swimming pools, museums, theatres, libraries, and community centers, out of which nearly 11 projects were selected. Thus, the facade market is witnessing lucrative growth across the globe.

Facade Market Trends

Asia-Pacific is Witnessing Significant Growth

Asia-Pacific is experiencing a significant number of construction projects, and the region is widely focusing on external wall beautification and energy efficiency factors, these factors are driving the installation of the facades in the country. In addition, rapid urbanization in developing countries such as India, Japan, China, etc. driving the demand for facade installations in the region. For instance, in September 2022, China unveiled the world's most twisted towers, also known as the Dance of Light skyscraper. This 180-meter tall tower was enveloped with facades.

Moreover, facade installations are gaining traction in the region, majorly due to increasing commercial and residential property development. For instance, in December 2022, China Evergrande Group planned to resume its work on 631 pre-sold and undelivered projects to meet its property delivery charger. In addition, the property developer delivered more than 256,000 units between January to November of 2022, and they expect to deliver nearly 300,000 units by the end of 2023.

Meanwhile, facade greening is witnessing significant growth in the region. In addition, India and Japan are actively adopting facade greening techniques to reach their sustainability targets. In addition, to create a quality of life against rising temperatures due to climate change and building densification, facade greening plays a vital role in urban areas. Moreover, the green office concept also promotes the facade greening technology. In 2022, as per industry experts, Tokyo, Japan, had the largest inventory of green offices among the 12 Asia-Pacific areas. Also, Tokyo owns nearly 9 million square meters of environmentally certified office spaces.

Commercial Sector is Driving the Facades Installation

Most countries are focusing on developing commercial buildings and office spaces that are energy efficient. In the upcoming years, it is anticipated that increased spending on the renovation of aging office buildings will increase demand for facade installations. A growing need for aesthetic appearance in commercial buildings has emerged in recent years, which has fuelled the expansion of the facade market.

Moreover, commercial and industrial witnessed significant growth despite the recession. In addition, the United States construction sector has outperformed Canada and Mexico over the past 18 months. Meanwhile, North America and Europe regions are experiencing a significant number of commercial projects. For instance, in Q2 2022, construction of the Keystone Trade Center was started in the United States, and the Eight Office Tower was started, which involves the construction of 50,167 square meters and a 25-story office tower in Bellevue, Washington. etc., these projects will boost the facade installations.

Furthermore, the commercial sector in the European region is witnessing a positive number of investments, resulting in the construction of new projects, further driving the facade installation market. However, in Q1 2022, cross-border real estate transactions increased. In addition, the EMEA region, consisting of Europe, the Middle East, and Africa, received the largest volume of cross-border transactions, amounting to USD 36.4 billion. Thus, the growing commercial sector across the globe will create a huge opportunity for facade manufacturers.

Facade Industry Overview

The global facade market is highly fragmented and competitive, with large companies claiming significant market share. Moreover, several key players engage in collaborations, innovations, business expansion, awards, joint ventures, and other strategies to improve their product footprint and remain competitive in the market. Furthermore, some of the major players in the market include Saint-Gobain S.A, Enclos Corp., Permasteelisa S.p., etc.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Deliverables
• 1.2 Study Assumptions
• 1.3 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET INSIGHTS AND DYNAMICS

• 4.1 Current Market Overview
• 4.2 Market Dynamics
  • 4.2.1 Market Drivers
    • 4.2.1.1 The growing number of high-rise buildings and skyscrapers globally has created a robust market for facade systems
    • 4.2.1.2 Building owners and developers are placing greater emphasis on the overall performance of their structures
  • 4.2.2 Market Restraints
    • 4.2.2.1 High-quality facade materials and designs can be costly, making it challenging for some projects to meet budget constraint
    • 4.2.2.2 Facades must comply with building codes and safety regulations, which can vary based on location
  • 4.2.3 Market Opportunities
    • 4.2.3.1 Renovation and Retrofitting Projects
  • 4.2.4 Porter's Five Forces Analysis
    • 4.2.4.1 Bargaining Power of Suppliers
    • 4.2.4.2 Bargaining Power of Buyers/Consumers
    • 4.2.4.3 Threat of New Entrants
    • 4.2.4.4 Threat of Substitute Products
    • 4.2.4.5 Intensity of Competitive Rivalry
• 4.3 Insights on Changes in Consumer Behavior in the Market
• 4.4 Insights on Government Regulations in the Market
• 4.5 Insights on Technological Advancements in the Market
• 4.6 Impact of COVID-19 on the Market

5 MARKET SEGMENTATION

• 5.1 By Type
  • 5.1.1 Ventilated
  • 5.1.2 Non-Ventilated
  • 5.1.3 Other Types
• 5.2 By Material
  • 5.2.1 Glass
  • 5.2.2 Metal
  • 5.2.3 Plastic and Fibres
  • 5.2.4 Stones
  • 5.2.5 Other Materials
• 5.3 By End-User
  • 5.3.1 Commercial
  • 5.3.2 Residential
  • 5.3.3 Other End-Users
• 5.4 By Geography
  • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
  • 5.4.2 Europe
    • 5.4.2.1 United Kingdom
    • 5.4.2.2 France
    • 5.4.2.3 Germany
    • 5.4.2.4 Rest of Europe
  • 5.4.3 Asia-Pacific
    • 5.4.3.1 China
    • 5.4.3.2 India
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 Australia
    • 5.4.3.6 Rest of Asia-Pacific
  • 5.4.4 Middle East & Africa
    • 5.4.4.1 United Arab Emirates
    • 5.4.4.2 Saudi Arabia
    • 5.4.4.3 South Africa
    • 5.4.4.4 Rest of Middle East & Africa
  • 5.4.5 Latin America
    • 5.4.5.1 Brazil
    • 5.4.5.2 Argentina
    • 5.4.5.3 Rest of Latin America

6 COMPETITIVE LANDSCAPE

• 6.1 Overview (Market Concentration and Major Players)
• 6.2 Company Profiles
  • 6.2.1 Saint-Gobain S.A
  • 6.2.2 Enclos Corp.
  • 6.2.3 Kawneer
  • 6.2.4 Permasteelisa S.p.A
  • 6.2.5 Aluplex
  • 6.2.6 AFS International
  • 6.2.7 Kingspan Group
  • 6.2.8 Lindner Group
  • 6.2.9 Norsk Hydro ASA
  • 6.2.10 AGC Glass Europe*

7 FUTURE OF THE FACADE MARKET

8 APPENDIX