Facade Market Size, Growth and Forecast to 2025

The global facade market is estimated to grow at a CAGR of 5.5% during the forecast period. This growth is attributed to the rapid industrialization and urbanization in emerging economies particularly in China, India, South-East Asian Nations (Thailand, Indonesia, Malaysia, and others), Brazil, Mexico, Turkey, and South Africa. Additionally, with the increasing per capita income in emerging economies, the demand for semi-urban and urban accommodations increases which is expected to contribute to the market growth.

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In addition, the investment and funding by various government authorities contribute significantly to the growth of the market. For instance, the Business Facade Improvement Program (2018) is a Northern Development Initiative Trust (Canada) that provides an annual fund of $20,000 to every municipality and regional district aiming at improving the economic development by encouraging investment of the private sector in businesses facade improvements.

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The commercial segment is the major adopter of facade system and contributes to 51% in the global facade market. The growth is majorly attributed to the vertical expansion of multinational companies across the globe. Owing to which, there are several ongoing commercial construction projects in the emerging economies across the globe, such as India and China. Permasteelisa Group, an Italy-based engineering project management company, has several ongoing commercial projects, such as JNBY Headquarters in Hangzhou, China, which entails the construction of 19 low-rise office buildings, for a total facade area of around 87,300 sq. m (939,700 sq. ft) of IGU facades with low-E coating and motorized sunshades.

There are several other companies that primarily concentrates on providing facades for the construction of commercial buildings; thereby augmenting the global façade market growth. For instance, Apogee Enterprises, Inc., a US-based company, designs and develops value-added glass and metal building facades and services for enclosing commercial buildings and framing and displays. The increasing demand for ventilated facades and metal composite facade in buildings due to various advantages such as durability, strength and so forth propel the growth of the market. The ventilated facade is a cladding system with an air cushion or cavity immediately behind which provides with a drainage, ventilation and thermal solution.

Current Market Trends Covered in the Global Façade Market Report

Based on the raw material, glass façade is estimated to hold a dominating market share during the forecast period.
Based on the end-user, commercial held the largest market share in the global façade market in 2018.
Asia-Pacific is estimated to dominate the global façade industry during the forecast period.

Global Facade Market Segmentation

By Raw Material

Glass
Wood
Metal
PVC
Ceramic
Stone
Concrete
Others

By Façade Type

Ventilated
Non-ventilated

By End-User

Commercial
Residential
Industrial

Global Facade Market – Segment by Region

North America

US
Canada

Europe

Germany
UK
France
Spain
Italy
Rest of Europe

Asia-Pacific

China
Japan
India
Rest of Asia-Pacific

Rest of the World

Latin America
Middle East and Africa

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This release was published on openPR.