About Facades
The facade is the exterior wall or face of a building that involves design elements such as the deliberate placement of windows or doors. Facades cover the roof, ventilator louvers, and street awnings, including the vertical and horizontal aspects of the building. It helps in temperature management in buildings and also the market is attractive by installing decorative LED lights on the facades. In the past few years, the global facade market has significantly grown.
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
CAGR | 5.6% |
The rising number of players expected to enter the global market is predicted to enhance the competition level as well as encourage the growth of the overall market in the near future. Players are anticipated to focus on the development of new compounds, which is likely to encourage the growth of the global market throughout the forecast period. Analyst at AMA Research estimates that United Kingdom, United States Vendors will contribute the maximum growth to Global Facades market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Enclos Corp. (United States), EOS Facades Limited (United Kingdom), Feal Group Inc. (United States), Hansen Group Ltd (United Kingdom), Harmon (United States), Hochtief AG (Germany), Jiangsu Jinjiu Sci-Tech New Material Co. Ltd. (China), Permasteelisa S.P.A. (Italy), Rockpanel (Netherlands) and Walters & Wolf (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Wicona (Baden-Württemberg), Wienerberger AG (Austria) and YKK AP Façade (Singapore).
Segmentation Overview
AMA Research has segmented the market of Global Facades market by Type (Ventilated, Non-Ventilated and Others), Application (Commercial, Residential and Industrial) and Region.
On the basis of geography, the market of Facades has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Raw Material, the sub-segment i.e. Glass will boost the Facades market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Demand in Weather-Specific Façade and Increase in Demand for Ventilated Facades and Metal Composite Facades
Market Growth Drivers:
Increasing Demand in Energy Recreation, Increase in the Construction Sector and Inclination towards Eco-Friendly Constructions Such As Deployment of Solar Panels
Challenges:
High Competition from Established Players
Restraints:
High Cost of Facades Is Hampering the Growth of Market
Opportunities:
Strong Opportunity in Noval Façade Materials Such As Bio-Climatic Facades
Market Leaders and their expansionary development strategies
On December 15th, 2023, Kingspan acquired U.S.-based metal facade specialist, ASC Building Solutions. This expands Kingspan's presence in the North American market and strengthens its position in metal facades.
On January 18, 2024, construction giant Saint-Gobain announced the acquisition of Ecofacade, a leading UK-based specialist in rainscreen cladding and facade systems. This strategic move expands Saint-Gobain's presence in the UK facade market and strengthens its offerings in sustainable building solutions.
Key Target Audience
Manufacturer, Suppliers & Distributors, Potential Investors, New Entrance and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.