Growing population, rapid urbanization, and rising number of construction projects are key factors driving market revenue growth.
Market Size - USD 313.57 Billion in 2020, Market Growth - CAGR of 6.8%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global façade systems market size is expected to reach USD 528.87 Billion in 2028, and register a CAGR of 6.8% during the forecast period. Increasing integration of robotics, digital printing, AR and VR (Augmented Reality and Virtual Reality), AI (Artificial Intelligence), and other advanced technologies, coupled with rising adoption of Internet of Things (IoT), are aiding in shaping the future of the construction industry. These are some of the major factors expected to drive growth of the global façade systems market to a significant extent.
Increasing trend of modular prefabrication due to growing number of residential construction projects, coupled with ability of façade systems to automate the processes are other major factors expected to drive market growth. Automation can help in positioning and fixing the modules in place, and defining the exterior and interior of the buildings.
However, high cost required for deploying façade systems, and high maintenance and repair costs of these walls are major factors that could restrain growth of the global façade systems market.
Some Key Findings From the Report:
For the purpose of this report, the global façade systems market is segmented on the basis of product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018 - 2028)
Application Outlook (Revenue, USD Billion; 2018 - 2028)
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
Region Outlook (Revenue, USD Billion; 2018 - 2028)
Reasons to Buy the Report
Market Size - USD 313.57 Billion in 2020, Market Growth - CAGR of 6.8%, Market Trends - Rising investment in R&D of technologically advanced products to expand product offerings
The global façade systems market size is expected to reach USD 528.87 Billion in 2028, and register a CAGR of 6.8% during the forecast period. Increasing integration of robotics, digital printing, AR and VR (Augmented Reality and Virtual Reality), AI (Artificial Intelligence), and other advanced technologies, coupled with rising adoption of Internet of Things (IoT), are aiding in shaping the future of the construction industry. These are some of the major factors expected to drive growth of the global façade systems market to a significant extent.
Increasing trend of modular prefabrication due to growing number of residential construction projects, coupled with ability of façade systems to automate the processes are other major factors expected to drive market growth. Automation can help in positioning and fixing the modules in place, and defining the exterior and interior of the buildings.
However, high cost required for deploying façade systems, and high maintenance and repair costs of these walls are major factors that could restrain growth of the global façade systems market.
Some Key Findings From the Report:
- Among the product type segments, the ventilated façade segment accounted for the largest revenue share of 47.1% in 2020.
- In 2020, the Asia Pacific market accounted for the largest revenue share, valued at USD 105.02 Billion, and is expected to continue with its dominance over the forecast period. This can be attributed to rapidly growing construction industry in countries in the region, and rising need for façade systems to make strong buildings.
- North America market accounted for the second-largest revenue share in 2020, followed by Europe market.
- Key players profiled in the report include Nippon Sheet Glass, Saint-Gobain, Central Glass, Asahi Glass, BASF, Guardian Industries, Dryvit Systems Inc., Sto SE & Co KGaA, Terraco Group, ParexGroup SA, James Hardie Industries PLC, Etex Group, Boral Limited, Nichiha Corporation, Kingspan PLC, Louisiana Pacific Corporation, Knauf, Georgia-Pacific LLC, SHERA, USG Corporation, Universal Cement Corporation (UCC), and Vinh Tuong Industrial Corporation. The market players have adopted various strategies including mergers, acquisitions, partnerships, and new product developments, among other strategies, to stay ahead of the competition and expand market footprint.
For the purpose of this report, the global façade systems market is segmented on the basis of product type, application, end-use, and region:
Product Type Outlook (Revenue, USD Billion; 2018 - 2028)
- Ventilated façade
- Non-ventilated façade
- Others
Application Outlook (Revenue, USD Billion; 2018 - 2028)
- Exterior Insulation and Finish System (EIFS)
- Curtain Wall
- Siding
- Cladding
- Others
End Use Outlook (Revenue, USD Billion; 2018 - 2028)
- Commercial
- Residential
- Industrial
Region Outlook (Revenue, USD Billion; 2018 - 2028)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Benelux
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Rest of Latin America
- Middle East and Africa
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
Reasons to Buy the Report
- A robust analysis and estimation of the Facade Systems Market with four levels of quality check - in-house database, expert interviews, governmental regulation, and a forecast specifically done through time series analysis
- A holistic competitive landscape of the all the major players in the Facade Systems Market. The report covers their market shares, strategic initiatives, new product launches, R&D expenditure, M&As, Joint ventures, expansionary plans, product wise metric space analysis and key developments
- Go-to-market strategies specifically formulated in line with location analysis which takes into the factors such as government regulations, supplier mapping, supply chain obstacles, and feedback from local vendors
- Most deep dive segmental bifurcation available currently in the market. Our stellar methodology helps us understand the overall gamut of the supply chain and will help you explain the current market dynamics
- Special focus given on vendor landscape, supplier portfolio, customer mapping, production capacity, and yearly capacity utilization
Table of Contents
Chapter 1. Market Synopsis
Chapter 2. Executive Summary
Chapter 4. Facade Systems Market Segmentation & Impact Analysis
Chapter 5. Facade Systems Market By Product Type Insights & Trends
Chapter 6. Facade Systems Market By Application Insights & Trends
Chapter 7. Facade Systems Market By End User Insights & Trends
Chapter 8. Facade Systems Market Regional Outlook
Chapter 9. Competitive Landscape
Chapter 10. Company Profiles
Companies Mentioned
- Nippon Sheet Glass
- Saint-Gobain
- Central Glass
- Asahi Glass
- BASF
- Guardian Industries
- Dryvit Systems Inc.
- Sto SE & Co KGaA
- Terraco Group
- ParexGroup SA
- James Hardie Industries PLC
- Etex Group
- Boral Limited
- Nichiha Corporation
- Kingspan PLC
- Louisiana Pacific Corporation
- Knauf
- Georgia-Pacific LLC
- SHERA
- USG Corporation
- Universal Cement Corporation (UCC)
- Vinh Tuong Industrial Corporation
