The facade system market size has grown strongly in recent years. It will grow from $337.38 billion in 2023 to $365.52 billion in 2024 at a compound annual growth rate (CAGR) of 8.3%. The expansion observed in the historical period can be attributed to robust economic growth in emerging markets, an increase in the world population, a low-interest-rate environment, and a rising demand for energy-efficient spaces.
The facade system market size is expected to see strong growth in the next few years. It will grow to $511.95 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be linked to global population growth and urbanization, a surge in infrastructure development, rapid industrialization, government emphasis on construction, a rise in single-family constructions, and an increasing focus on sustainability. Key trends expected in the forecast period encompass investments in the development of solar façade systems, a concentration on incorporating AI technologies into façade systems, the emphasis on providing smart façades for use in smart homes, a focus on collaborations and partnerships to expand market share, and a dedication to innovative façade designs with advanced features.
The facade system market is poised for growth due to the increasing emphasis on infrastructure development. Infrastructure development involves constructing essential foundational services to stimulate economic growth and enhance the quality of life. The rise in infrastructural projects is expected to drive demand for building materials, including facade systems. Notably, in September 2021, the Indian government announced INR 1 lakh crore (US$ 13.48 billion) worth of road projects in Jammu and Kashmir, contributing to the development of road infrastructure. The Union Budget 2021 also allocated INR 233,083 crore (US$ 32.02 billion) to enhance transport infrastructure in India. Additionally, the Chinese government allocated USD 30 billion for infrastructure development in Tibet, including expressway construction and upgrades. This surge in infrastructure development is anticipated to support the growth of housing and commercial projects, thereby driving the facade system market.
The growth of the facade system market is further fueled by rapid industrialization. Industrialization entails the transformation of an economy from primarily agricultural to manufacturing-based, leading to urbanization and increased demand for commercial spaces. Industrialization stimulates economic growth, job opportunities, and investments in supporting industries. For instance, industrial production in India saw a year-on-year increase of 3.2% in October 2021, and the demand for office spaces grew by 25% year-on-year in Q1 2022, according to UK-based real estate consultants, Knight Frank. This surge in industrialization is expected to generate demand in commercial construction, contributing to the growth of the facade system market.
A notable trend in the facade system market is the adoption of AI technologies. Companies are increasingly incorporating AI and machine learning to enhance the performance of facade systems. AI is utilized to shade interiors from direct sunlight and reduce heat gain. In March 2021, Polish firm FAAB Architektura introduced the design for the Vertical Oasis tower, incorporating AI, machine learning, and renewable energy harvesting to create a climate-responsive building. AI-driven facade systems are becoming prominent in new building construction, enabling users to monitor plant health and oxygen production. This technological integration represents a significant development in the facade system market.
A major trend is the investment in solar facade systems, which convert sunlight into energy and offer a harmonious integration of photovoltaics into building facades. Companies are focusing on developing advanced solar facades to harness renewable energy. For instance, in March 2022, Canadian solar technology manufacturer Mitrex launched the Solar Brick, a solar-integrated surface that resembles a brick wall but incorporates embedded solar modules. The advantages of solar facades, such as energy generation and aesthetic appeal, are driving innovation in the market.
In August 2022, Ibstock PLC, a UK-based manufacturer of bricks and concrete products, acquired Generix Facades Limited for £1 million ($1.19 million). This strategic acquisition expands Ibstock's facade system product portfolio, providing solutions that combine visual appeal with increased productivity and lower environmental impact. Generix Facades Limited, a US-based company, specializes in ventilated rainscreen facade systems.
Major companies operating in the facade system market report are Louisiana Pacific Corporation, Compagnie de Saint-Gobain S.A, Rockwool International, Nichiha Corporation, YKK Corporation, Kingspan Group, Enclos Corp, Etex Group, Lindner Group, Aluplex, James Hardie Industries PLC, Knauf, Universal Cement Corporation (UCC), USG Corporation, Permasteelisa Group, Jiangsu Paneltek Ceramic Co. Ltd., Qingdao REXI Industries Co. Ltd., Archiclad UK Limited, Alucraft Systems Limited, HAGA Metallbau GmbH, Glasscon GmbH, Technologica Engineering, Fedco Ltd., Spiral, PORR Group, Lerch Bates Inc., AXIS Facades, Georgia-Pacific, Dryvit Systems Inc., Roofway, TSyA SA, PfZ Arquitectos, BRUNZINI Arquitectura, Juntos Somos Mais Fidelizacao SA, Ambar Tech Participacoes SA, Hilti, Fluor Chile Ingenieria y Construction SA, Bouygues SA, JML LLC, Meinhardt Group, PERMASTEELISA SPA, Ramboll Group A/S, Seele verwaltungs GmbH, Nivafer Steel Construction Co. Ltd., Metal Berg Manufacturing Ltd., Saba Steel Industrial Nigeria Ltd., Valostar Steel Construction, Cadcon Steel Construction & Engineering, Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing, Concretex.
Asia-Pacific was the largest region in the façade systems market in 2023. The regions covered in the facade system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the facade system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of façade systems include wood, metal, glass, ceramic, and concrete. A wooden façade not only shields the main structure from outdoor impacts but also serves as a significant architectural and aesthetic feature. Wood, being a fundamental material for façades, allows for diverse cladding options, along with the use of various profiles and colors. Façade systems come in different forms, such as EIFS, curtain wall, siding, and cladding, catering to end users in residential, commercial, and industrial sectors.
The facade system market research report is one of a series of new reports that provides facade system market statistics, including global market size, regional shares, competitors with a facade system market share, detailed facade system market segments, market trends and opportunities, and any further data you may need to thrive in the facade system industry. This facade system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The façade systems market includes revenues earned by entities by steel, polyurethane, walling, and panels. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The facade system market size is expected to see strong growth in the next few years. It will grow to $511.95 billion in 2028 at a compound annual growth rate (CAGR) of 8.8%. The anticipated growth in the forecast period can be linked to global population growth and urbanization, a surge in infrastructure development, rapid industrialization, government emphasis on construction, a rise in single-family constructions, and an increasing focus on sustainability. Key trends expected in the forecast period encompass investments in the development of solar façade systems, a concentration on incorporating AI technologies into façade systems, the emphasis on providing smart façades for use in smart homes, a focus on collaborations and partnerships to expand market share, and a dedication to innovative façade designs with advanced features.
The facade system market is poised for growth due to the increasing emphasis on infrastructure development. Infrastructure development involves constructing essential foundational services to stimulate economic growth and enhance the quality of life. The rise in infrastructural projects is expected to drive demand for building materials, including facade systems. Notably, in September 2021, the Indian government announced INR 1 lakh crore (US$ 13.48 billion) worth of road projects in Jammu and Kashmir, contributing to the development of road infrastructure. The Union Budget 2021 also allocated INR 233,083 crore (US$ 32.02 billion) to enhance transport infrastructure in India. Additionally, the Chinese government allocated USD 30 billion for infrastructure development in Tibet, including expressway construction and upgrades. This surge in infrastructure development is anticipated to support the growth of housing and commercial projects, thereby driving the facade system market.
The growth of the facade system market is further fueled by rapid industrialization. Industrialization entails the transformation of an economy from primarily agricultural to manufacturing-based, leading to urbanization and increased demand for commercial spaces. Industrialization stimulates economic growth, job opportunities, and investments in supporting industries. For instance, industrial production in India saw a year-on-year increase of 3.2% in October 2021, and the demand for office spaces grew by 25% year-on-year in Q1 2022, according to UK-based real estate consultants, Knight Frank. This surge in industrialization is expected to generate demand in commercial construction, contributing to the growth of the facade system market.
A notable trend in the facade system market is the adoption of AI technologies. Companies are increasingly incorporating AI and machine learning to enhance the performance of facade systems. AI is utilized to shade interiors from direct sunlight and reduce heat gain. In March 2021, Polish firm FAAB Architektura introduced the design for the Vertical Oasis tower, incorporating AI, machine learning, and renewable energy harvesting to create a climate-responsive building. AI-driven facade systems are becoming prominent in new building construction, enabling users to monitor plant health and oxygen production. This technological integration represents a significant development in the facade system market.
A major trend is the investment in solar facade systems, which convert sunlight into energy and offer a harmonious integration of photovoltaics into building facades. Companies are focusing on developing advanced solar facades to harness renewable energy. For instance, in March 2022, Canadian solar technology manufacturer Mitrex launched the Solar Brick, a solar-integrated surface that resembles a brick wall but incorporates embedded solar modules. The advantages of solar facades, such as energy generation and aesthetic appeal, are driving innovation in the market.
In August 2022, Ibstock PLC, a UK-based manufacturer of bricks and concrete products, acquired Generix Facades Limited for £1 million ($1.19 million). This strategic acquisition expands Ibstock's facade system product portfolio, providing solutions that combine visual appeal with increased productivity and lower environmental impact. Generix Facades Limited, a US-based company, specializes in ventilated rainscreen facade systems.
Major companies operating in the facade system market report are Louisiana Pacific Corporation, Compagnie de Saint-Gobain S.A, Rockwool International, Nichiha Corporation, YKK Corporation, Kingspan Group, Enclos Corp, Etex Group, Lindner Group, Aluplex, James Hardie Industries PLC, Knauf, Universal Cement Corporation (UCC), USG Corporation, Permasteelisa Group, Jiangsu Paneltek Ceramic Co. Ltd., Qingdao REXI Industries Co. Ltd., Archiclad UK Limited, Alucraft Systems Limited, HAGA Metallbau GmbH, Glasscon GmbH, Technologica Engineering, Fedco Ltd., Spiral, PORR Group, Lerch Bates Inc., AXIS Facades, Georgia-Pacific, Dryvit Systems Inc., Roofway, TSyA SA, PfZ Arquitectos, BRUNZINI Arquitectura, Juntos Somos Mais Fidelizacao SA, Ambar Tech Participacoes SA, Hilti, Fluor Chile Ingenieria y Construction SA, Bouygues SA, JML LLC, Meinhardt Group, PERMASTEELISA SPA, Ramboll Group A/S, Seele verwaltungs GmbH, Nivafer Steel Construction Co. Ltd., Metal Berg Manufacturing Ltd., Saba Steel Industrial Nigeria Ltd., Valostar Steel Construction, Cadcon Steel Construction & Engineering, Karmod Prefabricated Building Technologies, Kwikspace Modular Buildings Ltd., Cube Modular, Fabricated Steel Manufacturing, Concretex.
Asia-Pacific was the largest region in the façade systems market in 2023. The regions covered in the facade system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the facade system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
The primary types of façade systems include wood, metal, glass, ceramic, and concrete. A wooden façade not only shields the main structure from outdoor impacts but also serves as a significant architectural and aesthetic feature. Wood, being a fundamental material for façades, allows for diverse cladding options, along with the use of various profiles and colors. Façade systems come in different forms, such as EIFS, curtain wall, siding, and cladding, catering to end users in residential, commercial, and industrial sectors.
The facade system market research report is one of a series of new reports that provides facade system market statistics, including global market size, regional shares, competitors with a facade system market share, detailed facade system market segments, market trends and opportunities, and any further data you may need to thrive in the facade system industry. This facade system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The façade systems market includes revenues earned by entities by steel, polyurethane, walling, and panels. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Facade System Market Characteristics3. Facade System Market Trends and Strategies32. Global Facade System Market Competitive Benchmarking33. Global Facade System Market Competitive Dashboard34. Key Mergers and Acquisitions in the Facade System Market
4. Facade System Market - Macro Economic Scenario
5. Global Facade System Market Size and Growth
6. Facade System Market Segmentation
7. Facade System Market Regional and Country Analysis
8. Asia-Pacific Facade System Market
9. China Facade System Market
10. India Facade System Market
11. Japan Facade System Market
12. Australia Facade System Market
13. Indonesia Facade System Market
14. South Korea Facade System Market
15. Western Europe Facade System Market
16. UK Facade System Market
17. Germany Facade System Market
18. France Facade System Market
19. Italy Facade System Market
20. Spain Facade System Market
21. Eastern Europe Facade System Market
22. Russia Facade System Market
23. North America Facade System Market
24. USA Facade System Market
25. Canada Facade System Market
26. South America Facade System Market
27. Brazil Facade System Market
28. Middle East Facade System Market
29. Africa Facade System Market
30. Facade System Market Competitive Landscape and Company Profiles
31. Facade System Market Other Major and Innovative Companies
35. Facade System Market Future Outlook and Potential Analysis
36. Appendix
Executive Summary
Facade System Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on facade system market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
- Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
- Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Measure the impact of high global inflation on market growth.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
- Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for facade system? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
- The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
- The impact of higher inflation in many countries and the resulting spike in interest rates.
- The continued but declining impact of COVID-19 on supply chains and consumption patterns.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Report Scope
Markets Covered:1) By Material Type: Wood; Metal; Glass; Ceramic; Concrete
2) By Type: EIFS; Curtain Wall; Siding; Cladding
3) By End-user: Residential; Commercial; Industrial
Key Companies Mentioned: Louisiana Pacific Corporation; Compagnie de Saint-Gobain S.A; Rockwool International; Nichiha Corporation; YKK Corporation
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes
Delivery Format: PDF, Word and Excel Data Dashboard
Companies Mentioned
- Louisiana Pacific Corporation
- Compagnie de Saint-Gobain S.A
- Rockwool International
- Nichiha Corporation
- YKK Corporation
- Kingspan Group
- Enclos Corp
- Etex Group
- Lindner Group
- Aluplex
- James Hardie Industries PLC
- Knauf
- Universal Cement Corporation (UCC)
- USG Corporation
- Permasteelisa Group
- Jiangsu Paneltek Ceramic Co. Ltd
- Qingdao REXI Industries Co. Ltd
- Archiclad UK Limited
- Alucraft Systems Limited
- HAGA Metallbau GmbH
- Glasscon GmbH
- Technologica Engineering
- Fedco Ltd
- Spiral
- PORR Group
- Lerch Bates Inc
- AXIS Facades
- Georgia-Pacific
- Dryvit Systems Inc
- Roofway
- TSyA SA
- PfZ Arquitectos
- BRUNZINI Arquitectura
- Juntos Somos Mais Fidelizacao SA
- Ambar Tech Participacoes SA
- Hilti
- Fluor Chile Ingenieria y Construction SA
- Bouygues SA
- JML LLC
- Meinhardt Group
- PERMASTEELISA SPA
- Ramboll Group A/S
- Seele verwaltungs GmbH
- Nivafer Steel Construction Co. Ltd
- Metal Berg Manufacturing Ltd
- Saba Steel Industrial Nigeria Ltd
- Valostar Steel Construction
- Cadcon Steel Construction & Engineering
- Karmod Prefabricated Building Technologies
- Kwikspace Modular Buildings Ltd
- Cube Modular
- Fabricated Steel Manufacturing
- Concretex
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 200 |
| Published | February 2024 |
| Forecast Period | 2024 - 2028 |
| Estimated Market Value ( USD | $ 365.52 Billion |
| Forecasted Market Value ( USD | $ 511.95 Billion |
| Compound Annual Growth Rate | 8.8% |
| Regions Covered | Global |
| No. of Companies Mentioned | 53 |
