The U.S. Green Building Council (USGBC) has adopted green roofs as an effective technology for reducing stormwater runoff and mitigating urban heat islands. The council has incorporated green roofs into the Green Building Rating System of the Leadership in Energy & Environmental Design (LEED) program (LEED is a trademark of the USGBC).
According to the report, Adoption of Green Roofing Techniques Equipped with Rain Water Harvesting
is one of the primary growth factors for the market. Upsurging Global Temperature Leading to Urban Heat Island Effect
is also expected to contribute significantly to the Green Roofs and Walls market. Overall, Commercial (Office Buildings, Retail Centers, Hotels, Educational Institutions, Healthcare Facilities, Others)
applications of Green Roofs and Walls, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The Component, such as Vegetation [Plants, Grass, Others], is boosting the Green Roofs and Walls market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.The End User, such as Architects and Designers, is boosting the Green Roofs and Walls market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
New technologies and major shifts in the industry will be game-changing factors that all players have to react now in order to maintain strong positions in the future. As many industry experts agree that significant changes are ahead. AMAs Analyst on the Global Green Roofs and Walls market identified that the demand is rising in many different parts of the world as "Upsurging Disposable Incomes and Growing Inclination towards Aesthetic Improvement of Building
". Furthermore, some recent industry insights like "In 2023, TAJIMA is a Japanese company that specializes in green roof and wall materials. They developed a new type of green roof substrate that is made from recycled materials. This substrate is lighter and more durable than traditional green roof substrates, and it can help reduce the overall environmental impact of green roofs." which is constantly making the industry very dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Green Roofs and Walls market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2023 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Green Roofs and Walls market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Green Roofs and Walls market size is calculated using market estimation process, the Green Roofs and Walls market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Green Roofs and Walls market size has been validated using both top-down and bottom-up approaches.