Facade Market Share, Size, Growth, Opportunity and Forecast 2020-2025

*As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

Facade Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Market Overview:

The global facade market grew at a CAGR of around 8% during 2014-2019. A facade refers to the exterior front of a building that primarily consists of roofing, ventilation louvers, and street awnings, etc. It is generally made up of metal, wood, concrete, ceramic, glass, polyvinyl chloride (PVC), stone, etc. Some common types of facades include siding, cladding, exterior insulation finishing system (EIFS), curtain wall, etc. These facades offer an aesthetic appeal to the building along with providing enhanced waterproofing, fabrication, durability, and weather protection. Furthermore, facades are also adopted in energy-efficient buildings for controlling light penetration, regulating internal temperature, and providing thermal insulation. As a result, they are extensively used across residential buildings, retail stores, hotels, healthcare centers, warehouses, etc.

The increasing levels of urbanization coupled with the rising number of modern infrastructures across the globe are primarily driving the market for facades. Furthermore, the elevating consumer living standards and increasing focus towards aesthetically appealing building designs are also propelling the demand for facades. The rising shift from conventional roofs, sidings, and wall claddings towards ceramic-, glass-, or PVC-based alternatives is further augmenting the market growth. Additionally, the emergence of green and energy-efficient buildings has increased the demand for facades to maintain internal temperature and provide thermal insulation, thereby mitigating the need for additional HVAC systems. Besides this, the rising adoption of facades in corporate buildings and industrial facilities based on their improved durability, weatherproofing, and fabrication, is also catalyzing the market growth. Various retail- and hospitality-based businesses are getting inclined towards visually appealing outer architecture along with the usage of premium product variants based on the availability of high construction budgets. Apart from this, several architectural companies are emphasizing on the development of modern, eco-friendly facade designs for overcoming limitations pertaining to excess heat control and soundproofing. Furthermore, various manufactures are heavily investing in product innovations based on harnessing solar energy from facades. Additionally, the introduction of smart facades integrated with thermo-bimetals is expected to drive the market growth in the coming years.

The sudden outbreak of the COVID-19 pandemic, in early 2020, however, has negatively impacted the demand for facades due to the temporary halt in several construction activities across the globe. The stringent lockdowns across various nations have led to disrupted supply chains and labor shortages, thereby hindering the market for facades. The global facade market, however, is expected to revive from 2021 and continue its moderate growth for the next five years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global facade market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product type, material and end use.

Breakup by Product Type:

Ventilated
Non-Ventilated
Others

Breakup by Material:

Glass
Metal
Plastic and Fibre
Stones
Others

Breakup by End Use:

Commercial
Residential
Industrial

Breakup by Region:

North America
- United States
- Canada
Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa

Competitive Landscape:

The report has also analysed the competitive landscape of the market with some of the key players being 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 and YKK AP Inc. (YKK Corporation).

Key Questions Answered in This Report:

How has the global facade market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global facade market?
What are the key regional markets?
What is the breakup of the market based on the product type?
What is the breakup of the market based on the material?
What is the breakup of the market based on the end use?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global facade market and who are the key players?
What is the degree of competition in the industry?