The global green façade market was valued at $662,208.8 thousand in 2020, and is projected to reach $1,485,007.0 thousand by 2032, registering a CAGR of 7.2% from 2023 to 2032.
A structure that is completely or mainly covered in plant material is known as a green facade. A scaffolding system is used in green facades with climbing plants to support the vines of plants that are rooted in the ground or containers. Urban environments benefit from green façades in terms of economy, environment, aesthetics, and physiology.
Growth in population and rise in disposable income of people facilitate a shift towards urban settlements. In addition, urban areas provide a chance to raise the level of living and quality of life for the general population. Growth in service and manufacturing industries is also a part of the rapid urbanization of the town. Globally, rapid urbanization is also being fueled by the growing population, and expanding government programs to construct urban settlements. The building and construction industry, which provides sectors for residential, commercial, industrial, and governmental activities, is in the lead of expanding urbanization. The building and construction sector is increasingly inclined toward using sustainable and environmentally friendly solutions in its products due to increasing concerns about air pollution, high temperatures, and noise pollution. Due to their effectiveness in lowering air pollution, managing noise, insulating against heat loss, and making adaptations, green facades are very popular. Owing to their great sustainability, green facades are becoming more and more well-liked globally. Therefore, the global market for green facades is expected to benefit from rise in urbanization.
In addition, vegetation on green facades is supplied with nutrients by the soil and water system underneath them. To keep them alive, it is necessary to ensure a steady supply of water and soil, as well as enough sunlight and nutritious food. Any spills carried on by a leak or by improper maintenance may damage the interior areas, compromise the structural integrity of the walls, and harm the plants. In addition, if the vegetation is not frequently inspected, insects may be drawn to it, which could be harmful to users. Regular conditioning, trimming, and other care are necessary to keep the vegetation under control and aesthetically acceptable to the audience. As a result, maintaining green facades needs a lot of money, time, effort, and specialized labor, all of which hinder the market expansion.
However, governments globally are being encouraged to adopt eco-friendly and sustainable policies, due to rising concerns about climate change. High temperatures brought on by climate change have already made millions of people vulnerable to heat exhaustion and severe heatstroke. The use of air conditioning to reduce temperatures is expensive and wasteful. To moderate temperatures, the government is therefore promoting facades made of greenery as a viable and efficient alternative. With their vegetation, green walls can provide cleaner air, lessen noise pollution, and provide thermal insulation. Green walls are promoted in residential, commercial, and industrial areas by advantageous rules, rewards, and moral persuasion. Therefore, advantageous government initiatives are expected to create lucrative global market prospects for green facades during the forecast period.
The green facades market is segmented into type, vegetation type, application, and region. By type, the market is categorized into ground based and wall structure based. The wall structure based segment dominated the market in 2020. By vegetation type, the market is segmented into divided into flower, shrubs, and other. The flower segment dominated the market in 2020. By application, it is classified into residential and commercial. The commercial segment dominated the market in 2020.
Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2022, LAMEA was the key shareholder, and is anticipated to secure a leading position during the forecast period.
A structure that is completely or mainly covered in plant material is known as a green facade. A scaffolding system is used in green facades with climbing plants to support the vines of plants that are rooted in the ground or containers. Urban environments benefit from green façades in terms of economy, environment, aesthetics, and physiology.
Growth in population and rise in disposable income of people facilitate a shift towards urban settlements. In addition, urban areas provide a chance to raise the level of living and quality of life for the general population. Growth in service and manufacturing industries is also a part of the rapid urbanization of the town. Globally, rapid urbanization is also being fueled by the growing population, and expanding government programs to construct urban settlements. The building and construction industry, which provides sectors for residential, commercial, industrial, and governmental activities, is in the lead of expanding urbanization. The building and construction sector is increasingly inclined toward using sustainable and environmentally friendly solutions in its products due to increasing concerns about air pollution, high temperatures, and noise pollution. Due to their effectiveness in lowering air pollution, managing noise, insulating against heat loss, and making adaptations, green facades are very popular. Owing to their great sustainability, green facades are becoming more and more well-liked globally. Therefore, the global market for green facades is expected to benefit from rise in urbanization.
In addition, vegetation on green facades is supplied with nutrients by the soil and water system underneath them. To keep them alive, it is necessary to ensure a steady supply of water and soil, as well as enough sunlight and nutritious food. Any spills carried on by a leak or by improper maintenance may damage the interior areas, compromise the structural integrity of the walls, and harm the plants. In addition, if the vegetation is not frequently inspected, insects may be drawn to it, which could be harmful to users. Regular conditioning, trimming, and other care are necessary to keep the vegetation under control and aesthetically acceptable to the audience. As a result, maintaining green facades needs a lot of money, time, effort, and specialized labor, all of which hinder the market expansion.
However, governments globally are being encouraged to adopt eco-friendly and sustainable policies, due to rising concerns about climate change. High temperatures brought on by climate change have already made millions of people vulnerable to heat exhaustion and severe heatstroke. The use of air conditioning to reduce temperatures is expensive and wasteful. To moderate temperatures, the government is therefore promoting facades made of greenery as a viable and efficient alternative. With their vegetation, green walls can provide cleaner air, lessen noise pollution, and provide thermal insulation. Green walls are promoted in residential, commercial, and industrial areas by advantageous rules, rewards, and moral persuasion. Therefore, advantageous government initiatives are expected to create lucrative global market prospects for green facades during the forecast period.
The green facades market is segmented into type, vegetation type, application, and region. By type, the market is categorized into ground based and wall structure based. The wall structure based segment dominated the market in 2020. By vegetation type, the market is segmented into divided into flower, shrubs, and other. The flower segment dominated the market in 2020. By application, it is classified into residential and commercial. The commercial segment dominated the market in 2020.
Region-wise, the market is analyzed across North America (the U.S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa).
In 2022, LAMEA was the key shareholder, and is anticipated to secure a leading position during the forecast period.
COMPETITION ANALYSIS
Key companies profiled in the green facades market report include, ELT India, Biotecture Ltd., Lang+Fulton, ANS Group Global Ltd., Green Roof Technology, GSky Plant System Inc., Green Fortune, LiveWall, LLC, Green Over gGrey, and Naava.Key Benefits For Stakeholders
- This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the green facade market analysis from 2020 to 2032 to identify the prevailing green facade market opportunities.
- The market research is offered along with information related to key drivers, restraints, and opportunities.
- Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
- In-depth analysis of the green facade market segmentation assists to determine the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global market.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- The report includes the analysis of the regional as well as global green facade market trends, key players, market segments, application areas, and market growth strategies.
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Key Market Segments
By Type
- Ground Based
- Wall Structure Based
By Vegetation Type
- Shrubs
- Flowers
- Others
By Application
- Residential
- Commercial
By Region
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- France
- UK
- Italy
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Market Players
- ELT India
- LiveWall, LLC
- Green over Grey
- ANS Group Global Ltd.
- Biotecture Ltd.
- Lang+Fulton
- Green Fortune
- GSky Plant System Inc.
- Naava
- Green Roof Technology
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Table of Contents
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY
CHAPTER 3: MARKET OVERVIEW
CHAPTER 4: GREEN FACADE MARKET, BY TYPE
CHAPTER 5: GREEN FACADE MARKET, BY VEGETATION TYPE
CHAPTER 6: GREEN FACADE MARKET, BY APPLICATION
CHAPTER 7: GREEN FACADE MARKET, BY REGION
CHAPTER 8: COMPETITIVE LANDSCAPE
CHAPTER 9: COMPANY PROFILES
List of Tables
List of Figures
Executive Summary
According to this report, the green façade market was valued at $662.2 million in 2020, and is estimated to reach $1.48 billion by 2032, growing at a CAGR of 7.2% from 2023 to 2032.Green facades are architectural features that entail growing plants on a building or other structure's vertical surfaces. To provide an appealing, organic covering, these vertical gardens can be installed on exterior walls, internal walls, or self-supporting structures. In order for diverse types of plants to flourish, green facades often have a framework or support system that holds the soil or growth medium.
As non-residential developments like hotels, schools, hospitals, and industrial buildings proliferate and the market expands, it is anticipated that the need for green facades will increase in coming years. Additionally, the green facade has a number of benefits, including improved microclimate, longer wall life, increased wall safety, improved air quality, and reduced noise. Therefore, it is anticipated that these factors will fuel market expansion throughout the forecast period. The market is anticipated to increase as a result of rising investments in non-residential infrastructures such offices, commercial buildings, industrial facilities, and manufacturing facilities. For instance, in August 2020, the California-based Tesla invested $100 million in a plot of land in Austin where it is constructing a production unit and Gigafactory, which required green facades to transform the appearance of the building and urban landscape, adding visual appeal, and enhancing the overall aesthetic value of the building. Therefore, such investments in manufacturing facilities and production units are anticipated to use green facades to create aesthetic aesthetics, which would positively affect market growth.
However, The cost of installation varies depending on the design and construction of the facade, which can be a severe issue for both residential and commercial walls. However, the price of green facades and the cost of installation worry many end users. The expenses involved in setting up a modern green façade system are not well understood. It is essential to educate people about facades, their advantages, and the associated costs. This restriction had an impact on market demand during the anticipated time frame. The use of green façade raises the project's overall cost because the construction and building sector is a high-cost industry sector. Therefore, during the projected period, these factors are anticipated to restrain market growth.
Furthermore, several commodities, including construction material, oil, and gas, saw a surge in price due to the Russia-Ukraine conflict. Due to supply chain interruptions, there are now more expensive shipping costs, fewer available containers, and less warehouse space. Since there have been delays in shipments and congestion, certain ports have been closed, and orders are being retracted, which influences industry and consumers globally. The decline in investor confidence has also increased stock market volatility. Economic instability has risen due to the strained commercial ties between Russia, Ukraine, and their different trading partners. Hence, all such factors have reduced export possibilities.
Additionally,The energy efficiency policy heavily involves the government. Lowering carbon emissions is another way that energy efficiency benefits the environment. Global concern surrounds carbon emissions. As a result, most governments promote energy-efficient construction. A number of programs are being implemented by the government to reduce greenhouse gas emissions. Governments in both emerging and developed nations also plan to offer incentives to citizens to replace outdated infrastructure with more energy-efficient versions. For instance, a green building is one that saves 20% of the embodied energy. The International Finance Corporation (IFC) forecasted $24.7 trillion in green construction potential in emerging market cities over the next 11 years in March 2020. Consequently, it is anticipated that such government initiatives and investments will open up prospects for boost the market growth during the forecast period.
The green facades market is segmented into type, vegetation type, application, and regions. By type, the market is segmented into ground based and wall structure based. By vegetation type, the market is segmented into shrubs, flowers, and others. By application, the market is segmented into commercial and residential. Region wise, it is analyzed across North America (the U. S., Canada, and Mexico), Europe (Germany, the UK, France, Italy, and rest of Europe), Asia-Pacific (China, India, Japan, South Korea, and rest of Asia-Pacific), and LAMEA (Latin America, Middle East, and Africa)
COMPETITION ANALYSIS
The key companies profiled in the manual spray gun market report include, Dino-Power Industry & Trade Co., Ltd., Titan Tool Inc., Graco Inc., Rongperg Air Tools Co., Ltd., Anest IWATA Corporation, Exel Industries SA, Tritech Industries Inc., Spray-Quip Inc., Wagner SprayTech Corp. and Nordson CorporationKey Findings of the Study
The report provides an extensive analysis of the current and emerging trends and dynamics.By vegetation type, the shrubs segment was the largest revenue generator in 2022.
By type, the wall structure-based segment generated the highest revenue in 2022.
By application, the commercial segment dominated the market in 2022.
Region-wise, Asia Pacific is anticipated to dominate the market throughout the forecast period.
Companies Mentioned
- ELT India
- LiveWall, LLC
- Green over Grey
- ANS Group Global Ltd.
- Biotecture Ltd.
- Lang+Fulton
- Green Fortune
- GSky Plant System Inc.
- Naava
- Green Roof Technology
Methodology
The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.
They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.
They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:
- Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic news articles and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast
Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.
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