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The global facade market size was valued at US$ 217.9 Billion in 2020.
According to the estimates by IMARC Group, the global facade market is expected to witness a CAGR of 6.40% from 2021 to 2026.
The increasing levels of urbanization coupled with the growing consumer inclination towards aesthetically appealing building designs represent some of the key drivers for the global facade market.
Several architectural companies are emphasizing on the development of modern, eco-friendly facade designs for overcoming limitations pertaining to excess heat control and soundproofing, thereby representing one of the key trends in the global facade market.
Sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations resulting in temporary halt of numerous construction activities, thereby limiting the demand for facades.
On the basis of the product type, the market has been bifurcated into ventilated, non-ventilated, and others. Currently, ventilated product holds the majority of the total market share.
On the basis of the end-use, the market has been segmented into commercial, residential, and industrial. At present, commercial exhibits a clear dominance in the market.
Region-wise, the market has been classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America, where Asia Pacific dominates the global market.
The key companies in the global facade market are 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).
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