APAC Facade Market Size
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Forecast Data Period | 2024 - 2029 |
Historical Data Period | 2020 - 2022 |
CAGR | 6.00 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
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APAC Facade Market Analysis
The Asia Pacific Façade Market is anticipated to grow at a CAGR of over 6% from 2023 to 2028.
The COVID-19 epidemic continues to significantly negatively impact the global construction sector. A major factor in the Asia Pacific region's economic downturn in 2020-21 was the total lockdown in various cities across important nations including China, India, and Japan. Several ongoing residential, commercial, and industrial building projects have also been forced to stop due to the virus's fast global spread. Therefore, the demand for facade goods and services is anticipated to decline over a shorter period due to the slower development in the building and real estate industries as a result of the reduced demand for purchasing houses and offices. Creating sophisticated materials with characteristics that give safety and aesthetically pleasing texture is expected to fuel robust market expansion during the forecast period. Furthermore, unlike any other construction system, this outer building face combines high performance and aesthetic appeal, predicted to increase demand for the product over the coming years. In the upcoming years, the demand for facades is expected to increase due to the growing desire to reduce heating and cooling expenses and improve energy efficiency. The market is projected to benefit as the development of sustainable products receives more attention. Green construction is becoming more and more popular, and the market's future is likely to be shaped by the rising need for very transparent glasses that pass light while being heat resistant. High-performance and energy-efficient solar control facades are anticipated to be used in the market, resulting in increased economic advantages and environmental sustainability. Furthermore, it is predicted that during the next seven years, the industry will rise due to government efforts and regulations, technical improvements, and the demand for energy conservation.
APAC Facade Market Trends
This section covers the major market trends shaping the APAC Facade Market according to our research experts:
Urbanization and Modernization Have a Big Impact on The Market's Expansion
Urbanization and modernization are both crucial factors in the market's expansion. The industry is expected to develop as customer opinions change and attention to a building's outside look increases. Increased renovation spending is a result of rising disposable income, which is predicted to accelerate market expansion. The market may expand as a result of rising investments in the development of the residential and commercial building sectors in developed nations like India, China, and Japan.
The market for facades is largely being driven by rising urbanization levels and a movement in customer preferences away from traditional roofing materials toward dependable product alternatives. The growth of premium and opulent construction materials is also being driven by rising consumer living standards and widespread product availability. Furthermore, the market expansion in the key nations is being further stimulated by the rising popularity of polycarbonate facades in industrial and large-scale commercial buildings due to their ease of installation, resistance to the elements, minimal maintenance requirements, etc.
Real Estate Market Lead the Facade Market of India
Facades are becoming more and more common in residential, industrial, and large-scale commercial buildings since they are simple to install, resistant to the elements, require less maintenance, etc., which is further boosting the market growth in India. In addition, the expansion of government-funded schemes for the construction of housing developments across India, such Pradhan Mantri Awas Yojana, is boosting the demand for the product. Another important growth-promoting aspect is the growing popularity of corrugated facades, which are used for railing walls, porches, sheds, garages, etc. because of their great durability and eco-friendly qualities. The India facade market is expected to be influenced in the upcoming years by extensive R&D efforts for the launch of innovative product variants made with advanced materials, such as phase change materials (PCM), strong specular reflection, and long-lasting outdoor surface coating, insulation foams with improved strength and aesthetically pleasing texture, bioplastics, etc.
APAC Facade Industry Overview
The environment of the facade sector is fragmented, with a mix of international, regional, and local businesses. Companies like AGL Façade Systems Pte. Ltd., Leo Fab Asia, KASKAL CO., LTD., and Lindner Group KG are helping the Asia-Pacific facade market expand. By using different tactics, such as new product launches, mergers and acquisitions, partnerships with the government, investment for start-ups, and technical developments to remain competitive in the market, market players are significantly contributing to market growth.
APAC Facade Market Leaders
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https://www.lindner-group.com/en/
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https://www.leofabasia.com/contact-us.html
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https://leewallcladding.com/index.html
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https://agl.com.sg/
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https://www.aluvisionfs.in/
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https://www.saint-gobain.co.in/
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https://innovators.in/
*Disclaimer: Major Players sorted in no particular order
APAC Facade Market News
December 2022: Saint-Gobain India opens three new facilities that cost INR 500 crore to construct. Saint-Gobain, a French glass manufacturer, completed an extension at its World Glass Complex in Sriperumbudur, close to Chennai, costing more than INR 500 crore. A new float glass unit, an integrated windows line facility, and an urban forest were all incorporated into the extension. Over 200 people will be employed by the new facilities, bringing the total number of jobs at the World Glass Complex to over 200. The World Glass Complex in Sriperumbudur is still the group's biggest investment location on a global scale.
According to the business, the new integrated windows line facility is the first and biggest completely integrated factory in Asia. By the end of 2022, it will be able to produce 100,000 windows each year in a 10,000-square-meter area. The fully automated and digitally enhanced factory will produce a wide range of UPVC window products focusing on the changing demands for security, solar/thermal comfort, and acoustics.
APAC Facade Market Report - Table of Contents
1. 1.INTRODUCTION
- 1.1 Study Deliverables
- 1.2 Study Assumptions
- 1.3 Scope of the Study
2. 2.RESEARCH METHODOLOGY
3. 3.EXECUTIVE SUMMARY
4. 4.MARKET INSIGHTS & DYNAMICS
- 4.1 Current Market Scenario
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4.2 Market Dynamics
- 4.2.1 Market Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.3 Industry Attractiveness - Porter's Five Forces Analysis
- 4.4 Value Chain/Supply Chain Analysis
- 4.5 Recent Trends and Developments
- 4.6 Impact of COVID-19 on the Market
5. 5 MARKET SEGMENTATION
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5.1 By Material
- 5.1.1 Glass
- 5.1.2 Wool
- 5.1.3 Aluminium
- 5.1.4 Others
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5.2 By Product
- 5.2.1 Ventilated
- 5.2.2 Non-Ventilated
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5.3 By End User
- 5.3.1 Residential
- 5.3.2 Commercial
- 5.3.3 Industrial
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5.4 By Region
- 5.4.1 China
- 5.4.2 Japan
- 5.4.3 India
- 5.4.4 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
- 6.1 Market Concentration Overview
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6.2 Company Profiles
- 6.2.1 KASKAL CO., LTD.
- 6.2.2 Lee Wall Cladding & Roofing Pte. Ltd.
- 6.2.3 Leo Fab Asia
- 6.2.4 Lindner Group KG
- 6.2.5 Saint Gobain
- 6.2.6 Meinhardt Group International Holdings Ltd.
- 6.2.7 AGL Facade Systems Pte. Ltd.
- 6.2.8 Aedas
- 6.2.9 Alfa Facade Systems Pvt. Ltd.
- 6.2.10 Alumak Industries, Inc.
- 6.2.11 Aluvision Facade Solutions Pvt. Ltd
- 6.2.12 Argo Facades
- 6.2.13 Auzmet Pty. Ltd.
- 6.2.14 Axis facades
- 6.2.15 Branoz Pte. Ltd.
- 6.2.16 Empire Facades Pty Ltd.
- 6.2.17 Facade Concept Design Pvt. Ltd.
- 6.2.18 Geeta Aluminum Company Pvt. Ltd.
- 6.2.19 Glass Wall Systems Pvt. Ltd.
- 6.2.20 Glazium Facade Pvt. Ltd.
- 6.2.21 Infinite Facade Solutions
- 6.2.22 Innovators Facade System Ltd.
- 6.2.23 Kalco Alu-System Pvt. Ltd.
- *List Not Exhaustive
- 6.3 *List Not Exhaustive
7. FUTURE OF THE MARKET
8. APPENDIX
APAC Facade Industry Segmentation
The consumer intelligence and competitive analysis of the Asia Pacific Façade Market is the focus of the region research report on the façade market in the Asia Pacific Region. The study also offers in-depth insights into market trends, demand predictions, and micro and macro indicators in the Asia Pacific market. The paper also discusses the market dynamics influencing and constraining the façade market. This comprehensive business intelligence report is based on the market's qualitative and quantitative metrics. This research also offers readers market insights and a thorough examination of market categories down to potential micro levels. Manufacturers and suppliers for the Asia Pacific Façade Market are among the companies and dealers/distributors mentioned in the study.
The Asia Pacific Facade Market is segmented By Material (Glass, Wool, Aluminium, Others), By Product (Ventilated, Non-Ventilated), By End User(Residential, Commercial, Industrial), and By Region(China, Japan, India, Rest of Asia Pacific). The report offers size and forecasts for the Asia Pacific Facade Market in value (USD billion) for all the above segments. The impact of the COVID-19 pandemic is also covered in the report.
APAC Facade Market Research FAQs
What is the current Asia-Pacific Facade Market size?
The Asia-Pacific Facade Market is projected to register a CAGR of greater than 6% during the forecast period (2024-2029)
Who are the key players in Asia-Pacific Facade Market?
https://www.lindner-group.com/en/, https://www.leofabasia.com/contact-us.html, https://leewallcladding.com/index.html, https://agl.com.sg/, https://www.aluvisionfs.in/, https://www.saint-gobain.co.in/ and https://innovators.in/ are the major companies operating in the Asia-Pacific Facade Market.
What years does this Asia-Pacific Facade Market cover?
The report covers the Asia-Pacific Facade Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Asia-Pacific Facade Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Asia-Pacific Facade Industry Report
Statistics for the 2024 Asia-Pacific Facade market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Facade analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.