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The India facade market reached a value of US$ 2,424.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,930.4 Million by 2027, exhibiting a CAGR of 8.30% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
A facade represents an exterior front of a building that mainly comprises of roofing, street awnings, ventilation louvers, etc. It is primarily manufactured by using different materials, such as glass, steel, aluminum, stone, clay, wood, etc. Some of the common varieties of facades include exterior insulation finishing systems (EIFS), cladding, curtain walls, siding, etc. They are widely adopted to provide an aesthetic appeal to the building and ensure excellent durability, weather protection, waterproofing, fabrication, etc. Moreover, facades are also utilized in energy-efficient buildings for controlling light penetration, regulating internal temperature, providing thermal insulation, etc. As a result, they are extensively used across residential buildings, retail stores, hotels, healthcare centers, warehouses, etc.
In India, the elevating levels of urbanization and the shifting consumer preferences from traditional roofing materials towards reliable product variants are primarily driving the facade market. In line with this, the improving consumer living standards, along with wide product availability are also propelling the adoption of high-quality and luxurious construction materials. Moreover, the increasing popularity of polycarbonate facades in industrial and large-scale commercial buildings, as they are easy to install, weather-resistant, have low maintenance costs, etc., is further catalyzing the market growth in the country. Apart from this, the growing number of government-funded initiatives, such as Pradhan Mantri Awas Yojana, for the development of housing projects across India is also augmenting the product demand. Additionally, the rising prominence of corrugated facades across porches, sheds, garages, etc., on account of their high durability and eco-friendly properties, is acting as another significant growth-inducing factor. Moreover, the emergence of green buildings, along with the increasing adoption of clear, high-transparency glasses in facades that allow passage of light while maintaining heat resistance is further bolstering the market growth in the country. Besides this, extensive R&D activities for the launch of innovative product variants manufactured with advanced materials, such as phase change materials (PCM), high reflectance and durable outdoor coatings, insulation foams with improved strength and visually appealing texture, bioplastics, etc., are expected to drive the India facade market in the coming years.
IMARC Group provides an analysis of the key trends in each sub-segment of the India facade market, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on product type, material and end user.
Market Breakup by Product Type:
Market Breakup by Material:
Market Breakup by End User:
Breakup by Region:
The competitive landscape of the industry has also been examined with some of the?key players?being Ajit Glafa India Pvt Ltd, Alfa Facade Systems Pvt. Ltd., Alstone International, Alufit International Pvt Ltd (Schüco International KG), Alumayer, Aluplex, Alutech Panels, Argo Facades, FG Glass, Finilex Laminates India (OPC) Private Limited, Glass Wall Systems, Innovators Facade Systems Limited, Kingspan Jindal Pvt. Ltd. (Kingspan Group), Plectra Facade Industries LLP, RK Facade Pvt. Ltd., Saint-Gobain Glass India (Saint-Gobain Group), Siddhivinayakcreations Facade Pvt. Ltd, Skyshade Daylights Private Limited, and Windorz India Private Limited.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Material, End User, Region|
|Region Covered||South India, North India, West and Central India, East and North East-India|
|Companies Covered||Ajit Glafa India Pvt Ltd, Alfa Facade Systems Pvt. Ltd., Alstone International, Alufit International Pvt Ltd (Schüco International KG), Alumayer, Aluplex, Alutech Panels, Argo Facades, FG Glass, Finilex Laminates India (OPC) Private Limited, Glass Wall Systems, Innovators Facade Systems Limited, Kingspan Jindal Pvt. Ltd. (Kingspan Group), Plectra Facade Industries LLP, RK Facade Pvt. Ltd., Saint-Gobain Glass India (Saint-Gobain Group), Siddhivinayakcreations Facade Pvt. Ltd, Skyshade Daylights Private Limited, and Windorz India Private Limited.|
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