The global facade market size was valued at USD 234.9 billion in 2023 and is expected to register a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. The rise in construction-related activities has been an important factor in driving the market. Furthermore, technological innovations are leading to the development of energy-saving facade materials. These advanced products absorb solar energy and find widespread adoption in several commercial and residential buildings as a secondary source of electricity generation.

The market is expected to grow at a considerable rate over the forecast period. This growth can be attributed to rising customer spending power, primarily in China, Japan, India, Brazil, and GCC countries, along with the need to provide a secure work environment to employees. Furthermore, the use of metal composite materials offers a durable, harmonious, and modern appearance to the building. Increasing usage of such composite materials to build facades is projected to provide an upthrust to the market over the coming years.

Modernization and urbanization are playing a vital role in the growth of the market. Several factors, including waterproofing, fabrication, durability, and resistance to extreme climate, come to play during the construction of facades. Changing perceptions of consumers and increasing focus on the exterior appearance of a building are anticipated to boost the growth of the market. Rising disposable income is leading to increased investments in renovations, which in turn is estimated to augment the market. Growing investments for the advancement in the residential and commercial construction industry in developed countries such as the U.S. can stoke the growth of the market.

The market is expected to grow at a considerable rate over the forecast period. This growth can be attributed to rising customer spending power, primarily in China, Japan, India, Brazil, and GCC countries, along with the need to provide a secure work environment to employees. Furthermore, the use of metal composite materials offers a durable, harmonious, and modern appearance to the building. Increasing usage of such composite materials to build facades is projected to provide an upthrust to the market over the coming years.

Modernization and urbanization are playing a vital role in the growth of the market. Several factors, including waterproofing, fabrication, durability, and resistance to extreme climate, come to play during the construction of facades. Changing perceptions of consumers and increasing focus on the exterior appearance of a building are anticipated to boost the growth of the market. Rising disposable income is leading to increased investments in renovations, which in turn is estimated to augment the market. Growing investments for the advancement in the residential and commercial construction industry in developed countries such as the U.S. can stoke the growth of the market.

Detailed Segmentation:

End-use Insights

In 2022, the commercial end-use segment captured a market share of exceeding 52% in the global market and expected to exhibit a CAGR of nearly 7.7% from 2023 to 2030. Facades are extensively used in commercial and residential buildings to protect the interior and provide a visually appealing outer architecture. 

Regional Insights

In 2022, Asia Pacific accounted for the largest market share of more than 38% in the global facade market. Increasing the construction of new commercial and industrial buildings in countries, including China, India, and Southeast Asia, is contributing to the growth of the region. Additionally, the evolving trends in facade design that is responsive to the geographical location, building use, social aspects, safety and sustainability concerns, is expected to fuel the APAC growth significantly by 2030. Moreover, the growing emphasis on energy efficiency coupled with the hot and humid climatic conditions in the Middle East and Africa region is anticipated to drive the regional market growth.

Key Facade Companies:

• ROCKWOOL Ltd.
• Aluplex
• THE BOUYGUES GROUP
• Enclos Corp.
• EOS Framing Limited
• Saint-Gobain Group
• AFS International
• Kingspan Group
• Lindner Group
• Fundermax
• Josef Gartner GmbH
• HansenGroup
• HOCHTIEF Aktiengesellschaft
• National Enclosure Company

Key Companies & Market Share Insights

Some of the key players operating in the market include Saint-Gobain Group and Aluplex among others.

• Saint-Gobain Group, operating in 70 countries, specializes in designing, manufacturing, and providing materials and solutions for diverse applications, including transportation, infrastructure, buildings, aerospace & defense, and healthcare. Key brands like Certainteed, Gyproc, Isover, and Weber are integral to its product portfolio. Categorized into exterior and interior finishing, technological materials, energy efficiency solutions, and distribution & services, the company offers a wide range of products such as glass, insulation, plasterboard, and high-performance materials.
• Aluplex, an Indian firm, specializes in the design, manufacturing, engineering, and installation of architectural facade systems. Their product range encompasses unitized and semi-unitized curtain wall synergy systems, doors and windows, bolted glass assemblies, and double-skinned facades, all rigorously tested for air permeability, seismic loading, and water tightness. The company services various sectors, such as IT companies, hospitals, hotels, banks, and residential projects, Aluplex has notable clients such as Acme Group, Mahindra System, Bank of India, Citibank, and Crisil.

Recent Developments

• In December 2023, Saint-Gobain has announced its intention to acquire a majority stake in IMPTEK Chova del Ecuador, a prominent player in the construction chemicals market in Ecuador specializing in innovative waterproofing solutions.
• In January 2023, Enclos Corp. announced the successful acquisition of PFEIFER Structures America, LLC, in line with its strategic goal of offering comprehensive custom building envelope solutions. This acquisition enhances the company's product range by encompassing custom structural glass systems, tensile membrane structures, and kinetic structures, expanding its capabilities in delivering tailored solutions to engineers, owners, architects, and general contractors across North America.

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