Facade Market Size (2024 - 2029)

Facades Market Analysis

The Facade Market size is estimated at USD 246.96 billion in 2024, and is expected to reach USD 315.11 billion by 2029, growing at a CAGR of 5% during the forecast period (2024-2029).

COVID-19 hard hit on the construction sector across the globe, resulting in project delays, labor shortages, and halts in some places due to the pandemic restrictions.

Later, after easing the restrictions, the construction sector experienced a slow recovery. Currently, some of the regions are witnessing significant growth in commercial and residential projects, further driving the façade manufacturing sector.

Moreover, façade installations are gaining traction across the world, majorly driven by increasing concern towards energy efficiency and external beautification aspects. In addition, solar facade installations are exercising lucrative growth, and to meet the increasing demand for solar facades most manufacturers are focusing on developing new and advanced solar facades. For instance, in March 2022, a Canadian solar technology manufacturer, Mitrex, launched the Solar Brick, which looks like a brick wall but has embedded solar modules. These modules are lightweight and durable and can store energy, which is enough to power the building.

Furthermore, increasing commercial and residential projects across the globe fuel the façade’s adoption. For instance, in 2022, in Europe, the King Baudouin Foundation planned to fund more than EUR 500,000 (USD 534,175) to support 11 projects to green the public space by creating vertical gardens on the facades of public buildings throughout Belgium. In addition, more than 28 projects were submitted for greening the outer walls of hospitals, town halls, libraries, cultural centers, sports facilities, swimming pools, museums, theatres, libraries, and community centers, out of which nearly 11 projects were selected. Thus, the façade market is witnessing lucrative growth across the globe.

Facades Industry Segmentation

A facade is generally the front part or exterior of a building, especially an imposing or decorative one. From the engineering perspective, the facade is of great importance due to its impact on energy efficiency.

The global facade market report covers a complete analysis of the industry, including current economic and market scenarios, market size estimation for key segments, and emerging trends in the market segments. The report also covers the impact of the COVID-19 pandemic on the market.

The facade market is segmented by type (ventilated, non-ventilated, and other types), by material (glass, metal, plastic, fibers, stones, and other materials), by application (commercial, residential, and other applications), by end-user (commercial, residential, and other end-users), and by geography (North America, Europe, Asia-Pacific, the Middle East, Africa, and Latin America). 

The report offers market size presented in value (USD) and forecasts for the facade market for all the above segments and the impact of COVID-19 on the market.