Facade Market Size, Share & Trends Analysis Report By End-use (Commercial, Residential, Industrial), By Product (Ventilated, Non-Ventilated), By Region, And Segment Forecasts, 2024 - 2030

Research Methodology

A three-pronged approach was followed for deducing the facade market estimates and forecasts. The process has three steps: information procurement, analysis, and validation. The whole process is cyclical, and steps repeat until the estimates are validated. The three steps are explained in detail below:

Information procurement: Information procurement is one of the most extensive and important stages in our research process, and quality data is critical for accurate analysis. We followed a multi-channel data collection process for facade market to gather the most reliable and current information possible.

• We buy access to paid databases such as Hoover’s and Factiva for company financials, industry information, white papers, industry journals, SME journals, and more.
• We tap into Grand View’s proprietary database of data points and insights from active and archived monitoring and reporting.
• We conduct primary research with industry experts through questionnaires and one-on-one phone interviews.
• We pull from reliable secondary sources such as white papers and government statistics, published by organizations like WHO, NGOs, World Bank, etc., Key Opinion Leaders (KoL) publications, company filings, investor documents, and more.
• We purchase and review investor analyst reports, broker reports, academic commentary, government quotes, and wealth management publications for insightful third-party perspectives.

Analysis: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilized different methods of facade market data depending on the type of information we’re trying to uncover in our research.

• Market Research Efforts: Bottom-up Approach for estimating and forecasting demand size and opportunity, top-down Approach for new product forecasting and penetration, and combined approach of both Bottom-up and Top-down for full coverage analysis.

• Value-Chain-Based Sizing & Forecasting: Supply-side estimates for understanding potential revenue through competitive benchmarking, forecasting, and penetration modeling.

• Demand-side estimates for identifying parent and ancillary markets, segment modeling, and heuristic forecasting.

• Qualitative Functional Deployment (QFD) Modelling for market share assessment.

Market formulation and validation: We mine the data collected to establish baselines for forecasting, identify trends and opportunities, gain insight into consumer demographics and drivers, and so much more. We utilize different methods of data analysis depending on the type of information we’re trying to uncover in our research.

• Market Formulation: This step involves the finalization of market numbers. This step on an internal level is designed to manage outputs from the Data Analysis step.

• Data Normalization: The final market estimates and forecasts are then aligned and sent to industry experts, in-panel quality control managers for validation.

• This step also entails the finalization of the report scope and data representation pattern.

• Validation: The process entails multiple levels of validation. All these steps run in parallel, and the study is forwarded for publishing only if all three levels render validated results.

Facade Market Categorization:

The facade market was categorized into three segments, namely product (Ventilated Facades, Non-ventilated Facades), end-use (Commercial, Residential, Industrial) and regions (North America, Europe, Asia Pacific, Latin America, Middle East & Africa).

Segment Market Methodology:

The facade market was segmented into product, end-use, and regions. The demand at a segment level was deduced using a funnel method. Concepts like the TAM, SAM, SOM, etc., were put into practice to understand the demand. We at GVR deploy three methods to deduce market estimates and determine forecasts. These methods are explained below:

Market research approaches: Bottom-up

• Demand estimation of each product across countries/regions summed up to from the total market.

• Variable analysis for demand forecast.

• Demand estimation via analyzing paid database, and company financials either via annual reports or paid database.

• Primary interviews for data revalidation and insight collection.

Market research approaches: Top-down

• Used extensively for new product forecasting or analyzing penetration levels.

• Tool used invoice product flow and penetration models Use of regression multi-variant analysis for forecasting Involves extensive use of paid and public databases.

• Primary interviews and vendor-based primary research for variable impact analysis.

Market research approaches: Combined

• This is the most common method. We apply concepts from both the top-down and bottom-up approaches to arrive at a viable conclusion.

Regional Market Methodology:

The facade market was analyzed at a regional level. The globe was divided into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, keeping in focus variables like consumption patterns, export-import regulations, consumer expectations, etc. These regions were further divided into sixteen countries, namely, the U.S.; Canada; the UK.; Germany; Poland; China; Japan; India; Brazil; Mexico; Saudi Arabia; UAE; Oman; Qatar; Bahrain; Kuwait.

All three above-mentioned market research methodologies were applied to arrive at regional-level conclusions. The regions were then summed up to form the global market.

Facade market companies & financials:

The facade market was analyzed via companies operating in the sector. Analyzing these companies and cross-referencing them to the demand equation helped us validate our assumptions and conclusions. Key market players analyzed include:

• Rockpanel Group: The company is a building materials firm, and its product offerings include Rockpanel rockload, Rockpanel Woods, Rockpanel metallics, Rockpanel natural, Rockpanel ply, Rockpanel Chameleon, Rockpanel lines, and Rockpanel accessories. The company is a part of Rockwool B.V. Rockpanel Group manufactures board materials using basalt rocks for exterior cladding. The company’s products are applied in manufacturing facilities, housing developments, and public or commercial buildings. The company has a presence in Europe, the UK, Asia, and North America.

• Fundermax: Fundermax is an Austrian firm operating in building materials. The company’s product portfolio includes Fundermax exterior for rain-screen cladding and balconies and interior applications, such as wall protections and cubicles. Its interior product offering includes compact boards, decorative laminates HPL, chipboards, and fiber boards. The exterior product offering includes facade panels, a smart thinking system, and balcony panels. The company is owned by Constantia Industries AG. Its services include technical support and sample service. Fundermax has a presence in Austria, India, France, Spain, Switzerland, the U.S., Poland, and the UK.

• Hansen Group: The company manufactures, designs, and installs curtain walling aluminum facades, roofing, glazing, entrances, commercial windows, and door systems. The company has formed a separate entity for facade systems called Hansen Facade. Hansen Group caters its services to retail, education institutions, offices, factory, residential, and health sectors and offers Scandinavian designs to its customers. The company has a presence in Denmark, Norway, Sweden, Poland, Germany, and the UK.

• YKK AP: YKK AP is a Japan-based company operating in architecture and planning. The company’s business segment includes Fastening, Architectural, and Machinery & Engineering. Facades are provided under the architectural segment. YKK AP formed a new entity named YKK AP Facade, headquartered in Singapore, to provide facade services to customers. The company’s services include thermal analysis and structural analysis. The firm has a presence in China, Japan, Asia, South America, EMEA, and North & Central America.

• Trimo d.o.o.: Trimo d.o.o. is a Slovenia-based company operating in construction. The company provides solutions for buildings, roofs, facades, steel construction, insulation systems, fire safety, and modular units, along with energy-efficient solutions and acoustic solutions. The company’s other services include software packages and technical documentation Trimo has a presence in North America, Russia, UAE, Asia, and Europe.

• Schuco International: Schuco is a subsidiary of OTTO FUCHS KG. It provides sustainable building materials and components based on innovative construction technology. The company’s product portfolio includes metal & PVC-U windows, doors, and façade systems. The company uses aluminum, steel, and glass for manufacturing the abovementioned products. It caters to various construction & renovating sites and delivers customized products, globally. The company has partnerships with more than 12,000 clients and is active in more than 80 countries around the world. Its products are widely used for meeting the major requirements of design, comfort, security, and energy efficiency.

• Skanska: The Sweden-based company offers its services to construction, homes, public-private partnerships, and commercial property sectors. Skanska Czech Republic is the only manufacturer of facades within the Skanska Group. The facade service is offered to sectors including commercial, healthcare, education, pharmaceutical, leisure, and residential. The firm operates four businesses, which include construction, residential development, infrastructure development, and commercial property development. Skanska has a presence in Denmark, Poland, Slovakia, Sweden, the UK, the U.S., Finland, Hungary, Norway, and the Czech Republic.

• National Enclosure Company: The U.S.-based company operating in the construction sector. The systems and services offered by the company include unitized curtain walls, rain screen systems, advanced structures, building information modeling, and design assistance. The company addresses wall envelopes including glass, steel, terracotta, granite, and stone. The firm caters its services to education institutions, factories, residential, and health sectors. National Enclosure Company is a subsidiary of National Construction Enterprises.

• Enclos: Enclos is a US firm providing design, engineering, installation, and fabrication services for the custom curtain wall system and glass facades. The company started a technology studio to offer facade-related research, design assistance services, and pre-sale technical support. Enclos is a subsidiary of CH Holdings. The company’s services include design and build services. The firm’s technology offering includes custom curtain walls, acoustical performance, green & sustainable, and facade security.

• Aluplex: Aluplex is an Indian firm that provides the designing, manufacturing, engineering, and installation of architectural facade systems. The company’s product offering includes unitized & semi-unitized curtain wall synergy systems, doors & windows, bolted glass assemblies, and double-skinned facades. Its facade systems are tested for air permeability, seismic loading, and water tightness. Aluplex caters its services to IT companies, hospitals, hotels, banks, and residential. The firm’s major clients include Acme Group, Mahindra System, Bank of India, Citibank, Crisil, and so on.

Value chain-based sizing & forecasting

Supply Side Estimates

• Company revenue estimation via referring to annual reports, investor presentations, and Hoover’s.

• Segment revenue determination via variable analysis and penetration modeling.

• Competitive benchmarking to identify market leaders and their collective revenue shares.

• Forecasting via analyzing commercialization rates, pipelines, market initiatives, distribution networks, etc.

Demand side estimates

• Identifying parent markets and ancillary markets

• Segment penetration analysis to obtain pertinent

• revenue/volume

• Heuristic forecasting with the help of subject matter experts

• Forecasting via variable analysis

Facade Market Report Objectives:

• Understanding market dynamics (in terms of drivers, restraints, & opportunities) in the countries.

• Understanding trends & variables in the individual countries & their impact on growth and using analytical tools to provide high-level insights into the market dynamics and the associated growth pattern.

• Understanding market estimates and forecasts (with the base year as 2020, historic information from 2017 to 2019, and forecast from 2021 to 2028). Regional estimates & forecasts for each category are available and are summed up to form the global market estimates.

Facade Market Report Assumptions:

• The report provides market value for the base year 2022 and a yearly forecast till 2030 in terms of revenue/volume or both. The market for each of the segment outlooks has been provided on region & country basis for the above-mentioned forecast period.

• The key industry dynamics, major technological trends, and application markets are evaluated to understand their impact on the demand for the forecast period. The growth rates were estimated using correlation, regression, and time-series analysis.

• We have used the bottom-up approach for market sizing, analyzing key regional markets, dynamics, & trends for various products and end-users. The total market has been estimated by integrating the country markets.

• All market estimates and forecasts have been validated through primary interviews with the key industry participants.

• Inflation has not been accounted for to estimate and forecast the market.

• Numbers may not add up due to rounding off.

• Europe consists of EU-8, Central & Eastern Europe, along with the Commonwealth of Independent States (CIS).

• Asia Pacific includes South Asia, East Asia, Southeast Asia, and Oceania (Australia & New Zealand).

• Latin America includes Central American countries and the South American continent

• Middle East includes Western Asia (as assigned by the UN Statistics Division) and the African continent.

Primary Research

GVR strives to procure the latest and unique information for reports directly from industry experts, which gives it a competitive edge. Quality is of utmost importance to us, therefore every year we focus on increasing our experts’ panel. Primary interviews are one of the critical steps in identifying recent market trends and scenarios. This process enables us to justify and validate our market estimates and forecasts to our clients. With more than 8,000 reports in our database, we have connected with some key opinion leaders across various domains, including healthcare, technology, consumer goods, and the chemical sector. Our process starts with identifying the right platform for a particular type of report, i.e., emails, LinkedIn, seminars, or telephonic conversation, as every report is unique and requires a differentiated approach.

We send out questionnaires to different experts from various regions/ countries, which is dependent on the following factors:

• Report/Market scope: If the market study is global, we send questionnaires to industry experts across various regions, including North America, Europe, Asia Pacific, Latin America, and MEA.

• Market Penetration: If the market is driven by technological advancements, population density, disease prevalence, or other factors, we identify experts and send out questionnaires based on region or country dominance.

The time to start receiving responses from industry experts varies based on how niche or well-penetrated the market is. Our reports include a detailed chapter on the KoL opinion section, which helps our clients understand the perspective of experts already in the market space.