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2023

Green Facade Market

Green Facade Market Size, Share, Competitive Landscape and Trend Analysis Report by Type, by Vegetation Type, by Application : Global Opportunity Analysis and Industry Forecast, 2023-2032

CM : Construction Materials

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Author's: Ajitesh Gupta | Sonia Mutreja
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Green Facade Market Research, 2032

The Global Green Facade Market size was valued at $662.2 million in 2020, and is projected to reach $1485 million 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. These vertical gardens can be attached to outside walls, interior walls, or freestanding buildings to produce a lush, living covering. For diverse types of plants to flourish, green facade often include a framework or support system that holds the soil or growing medium. 

Green Facade Market

Market Dynamics

The need for green walls market is expected to increase in coming years owing to rise in non-residential developments such as hotels, schools, hospitals, and industrial buildings, which drives the market expansion. The green facade also has a number of advantages, including enhanced microclimate, longer wall life and safety, better air quality, less noise, and lower air conditioning costs.  Therefore these factors are anticipated to fuel the market expansion during the forecast period, owing to increased investments in non-residential infrastructures such offices, commercial buildings, industrial facilities, and manufacturing facilities. For instance, in august 2020, Tesla expanded its production unit in Texas, 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. Hence such investment in production unit is propel the growth of the green roof and wall market.  

Green Facade Market by Type

However, the design and construction of facades affect installation costs, which can be a major issue for both residential and business buildings. However, a lot of end customers are worried about how much green facades cost and how much it will cost to install them. 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 is expected to have an impact on the market demand during the forecast period.  Use of green facades raises project costs and the construction and building sector is a high-cost industry sector, thus restraining the green facade market growth during the forecast period. 

Moreover, the energy efficiency policy heavily involves the government. By reducing carbon emissions, energy efficiency benefits the environment as well. An international problem is carbon emissions. Thus, the majority of governments promote energy-efficient construction. A number of programs are being implemented by the government to reduce greenhouse gas emissions. Governments in both, developing and developed nations also seek 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) expected $24.7 trillion in green construction potential in emerging market cities over the next 11 years in March 2020. As a result, these government initiatives and financial commitments will provide opportunities for businesses that manufacture green facades and will accelerate green facade market expansion during the projection period. 

Green Facade Market by Vegetation Type

Furthermore, several commodities, including food items, oil, and gas, saw a surge in price due to the Russia-Ukraine conflict. With 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 the 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.

Segmental Overview

The Green Facades Market is segmented into type, vegetation type, application, and region. 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. 

Based on Type:

The market is divided into ground based and wall structure based. Many governments and municipalities encourage the use of ground-based green facades by promoting green building techniques and sustainable landscaping through legislation, incentive, and sustainability certification. In addition, growth in sustainability and eco-friendly building practices has led to the adoption of green facades to improve air quality and reduce air consumption. In addition, wall structured based green facades provide an innovative solution to incorporate vegetation into urban environments, where ground space is limited. Wall structure based is expected to exhibit the largest revenue contributor during the forecast period. Ground based is expected to exhibit the highest CAGR share in the type of segment in the green facade industry during the forecast period.

Based on Vegetation Type:

The market is divided into flower, shrubs, and other. A demand for effective water distribution, sewage system, and utility networks is created by the expansion of metropolitan areas and increased deployment in densely populated areas. In addition, many medium-diameter pipelines were aged and in need of upgrading, particularly in industries such as municipal water delivery, wastewater management and industrial processes. Furthermore, many large diameter pipelines used for transportation water, wastewater, and various fluids were aging and require rehabilitation to extend their services life and ensure safety operation. The flower segment is expected to be the largest revenue contributor during the forecast period, and the shrubs segment is expected to exhibit the highest CAGR share in the vegetation segment in the green facades market during the forecast period.

Green Facade Market by Application

Based on Application:

The market is divided into residential and commercial. Green facades are used to enhance the visual appeal of shopping malls and retail spaces. They create inviting and attractive entrances, improve the overall shopping experience, and even increase footfall. In addition, there is rise in use of green facades in the residential sector due to their aesthetic appeal, environmental benefits, and the potential to enhance the quality of life for residents. Commercial segments are expected to be the largest revenue contributor during the forecast period, and the residential segment is expected to exhibit the highest CAGR share in the application segment in the green facades market during the forecast period.

Green Facade Market by Region

By Region:

The green facades market is analysed across North America, Europe, Asia-Pacific, and LAMEA. In 2022, Asia Pacific held the highest revenue in green facades market share and LAMEA is expected to exhibit the highest CAGR during the forecast period.

Competition Analysis

The 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 Grey, and Naava. Major companies in the market have adopted acquisition, product launch, business expansion, and other strategies as their key developmental strategies to offer better products and services to customers in the green facades market.

Key Benefits For Stakeholders

  • This report provides a quantitative analysis of the green facade market overview, current trends, estimations, and dynamics of the green facade market analysis from 2020 to 2032 to identify the prevailing green facade market opportunity 
  • 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 green facade market share.
  • 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, green facade market forecast segments, application areas, and green facade market growth strategies.

Green Facade Market Report Highlights

Aspects Details
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Market Size By 2032

USD 1485 million

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Growth Rate

CAGR of 7.2%

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Forecast period

2020 - 2032

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Report Pages

210

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By Type
  • Ground Based
  • Wall Structure Based
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By Vegetation Type
  • Shrubs
  • Flowers
  • Others
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By Application
  • Residential
  • Commercial
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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)
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Key Market Players

GSky Plant System Inc., Green Fortune, Green Roof Technology, Naava,  LiveWall, LLC, Green over Grey, ELT India, ANS Group Global Ltd., Biotecture Ltd., Lang+Fulton

Analyst Review

Growing awareness of environmental issues such as climate change and urban population has led to increase in adoptions in green facades, as they contribute to urban sustainability by improving air quality, reducing energy consumption, and enhancing biodiversity. Moreover, the weight of vegetation such as shrubs and flowers, needs proper water for maintenance, which significantly imposes load on the building due to water circulation in building g which required proper engineering and reinforcement in order to maintain the proper load on building. Hence, such concerns regarding building weight hinder the market growth. Furthermore, properties with green facades offer higher prices due to their aesthetics appearance and sustainability feature and potential energy saving. In addition, green facades serve as educational tools, demonstrating the benefits of urban greening and inspiring the public to adopt more sustainable practices. 

Author Name(s) : Ajitesh Gupta | Sonia Mutreja
Frequently Asked Questions?

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.

The forecast period considered for the global green façade market is 2022 to 2031, wherein, 2022 is the base year, 2022 is the estimated year, and 2032 is the forecast year.

The latest version of global green façade market report can be obtained on demand from the website.

The base year considered in the global green façade market report is 2022.

The major players profiled in the green façade market 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.?

The top ten market players are selected based on two key attributes - competitive strength and market positioning.

The report contains an exclusive company profile section, where leading companies in the market are profiled. These profiles typically cover company overview, geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.

By application, the commercial segment was the largest revenue generator in 2022.

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Green Facade Market

Global Opportunity Analysis and Industry Forecast, 2023-2032