IMARC Group, a leading market research company, has recently released a report titled “Facade Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global facade market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.
Report Highlights
How Big is the Facade Market?
|
Report Attributes |
Details |
|
Market Size in 2022 |
US$ 253.7 Billion |
|
Market Forecast in 2028 |
US$ 399.6 Billion |
|
Growth rate (2023 to 2028) |
CAGR of 7.7% |
|
Base Year of the Analysis |
2022 |
|
Forecast Period |
2023-2028 |
What is Facade?
A facade refers to the exterior face or frontage of a building, typically the most visible and visually prominent aspect. It serves as a protective and aesthetic envelope, defining the overall appearance and identity of a structure. Facades can be made from various materials, including glass, concrete, stone, metal, or a combination of these. The key characteristics of a facade include its visual appeal, functionality, and the integration of architectural elements. It often showcases the design style, texture, colour, and patterns that contribute to the overall aesthetic of the building. Additionally, a facade provides protection against environmental elements, such as wind, rain, and sunlight, while also serving as a barrier against noise and enhancing energy efficiency. The key features of a facade can vary depending on the architectural design and purpose of the building, such as windows, doors, balconies, decorative elements, cladding, and ventilation systems. Facades can also incorporate sustainable features, such as green walls or solar panels, to enhance energy efficiency and environmental performance. Facade finds its application in the architecture, construction, and commercial industries.
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What are the Growth Prospects and Trends in the Façade Market?
The rising infrastructural development, particularly in the emerging economies, represents one of the key factors driving the market growth. Moreover, changing architectural styles and preferences, including an increasing emphasis on innovative and visually striking designs is facilitating demand for unique and aesthetically pleasing facades, which is leading the market toward growth. The implementation of stricter energy efficiency regulations and green building standard is promoting the widespread adoption of energy-efficient facades, which is driving the market growth. In addition to this, the renovation and retrofitting of existing buildings with modern facades to improve aesthetics, energy efficiency, and functionality is contributing to the market growth. Continuous advancements in materials, manufacturing techniques, and building technologies are offering superior performance characteristics for facades, which is driving the market growth. The growing recognition of the role of facades in enhancing the visual appeal and brand identity of buildings is leading to the increased demand for innovative and eye-catching facade solutions, thereby propelling market growth. The rising awareness about the environmental impact of buildings and the need for energy-efficient solutions are facilitating the demand for facades that enhance thermal insulation and reduce energy consumption. This, in turn, is acting as a major growth-inducing factor. The rising demand for facades that provide improved indoor comfort, including enhanced daylighting, acoustics, and thermal comfort is fueling the market growth. The market is also being driven by the rapid establishments of smart cities and the integration of smart building techniques in both the residential and commercial construction. Other factors, such as increasing disposable income levels of individuals, expansion of the tourism and hospitality sector and the construction industry, and favorable government policies and incentives, are creating a positive outlook further across the globe.
Who are the Key Players Operating in the Façad Industry?
The report has also analysed the competitive landscape of the market with some of the key players.
- Compagnie de Saint-Gobain S.A
- Enclos Corp. (CH Holdings USA Inc.)
- EOS Framing Limited
- FunderMax GmbH
- Harmon Inc. (Apogee Enterprises Inc.)
- Kawneer Company Inc. (Arconic Corporation)
- Permasteelisa S.p.A. (Lixil Group Corporation)
- Rockwool International A/S
- Walters & Wolf Glass Company
- YKK AP Inc. (YKK Corporation).
What is Included in Market Segmentation?
The report has categorized the market based on product type, material, end use and region.
Breakup by Product Type:
- Ventilated
- Non-Ventilated
- Others
Analyzed by Material:
- Glass
- Metal
- Plastic and Fibre
- Stones
- Others
Based on End Use:
- Commercial
- Residential
- Industrial
Regional Analysis:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)
Key Highlights of The Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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