The latest research study “India Facade Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that the India facade market reached a value of US$ 2,424.4 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 3,930.4 Million by 2027, exhibiting a CAGR of 8.30% during 2022-2027.
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A facade is the external front of a building comprising street awnings, ventilation louvers, and roofing. Some commonly available facades include cladding, aluminum composite panel cladding (ACP), exterior insulation finishing systems (EIFS), curtain walls, siding, panel framed, insulated walls, glazing, and homeostatic. They are produced with different materials, such as glass, steel, aluminum, stone, clay, wood, and concrete. They offer an aesthetic appeal to the building and ensure weather protection, waterproofing, fabrication, and excellent durability while providing thermal insulation and regulating the internal temperature. As a result, facades are utilized across retail stores, hotels, healthcare centers, warehouses, and residential buildings.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
India Facade Market Trends and Drivers:
The market is primarily driven by increasing urbanization and rising construction activities. In addition, the shifting consumer preferences from traditional roofing materials to reliable product variants are contributing to market growth. Moreover, the improving living standards and easy availability of high-quality and luxurious construction materials are providing a positive thrust to the market growth.
Besides this, the implementation of government-funded initiatives, such as Pradhan Mantri Awas Yojana, for the development of housing projects across India represents another major growth-inducing factor. Moreover, the rising popularity of polycarbonate facades in large-scale commercial and industrial buildings, due to their easy installation, low maintenance costs, and weather-resistant properties, is positively influencing the market growth.
Furthermore, extensive research and development (R&D) activities conducted by key players to introduce innovative product variants produced using advanced materials, such as phase change materials (PCM), durable outdoor coatings and high reflectance, insulation foams with enhanced strength and visually appealing texture, bioplastics, are expected to propel the market growth in the coming years.
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India Facade Market 2022-2027 Analysis and Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Facade Companies:
Ajit Glafa India Pvt Ltd, Alfa Facade Systems Pvt. Ltd., Alstone International, Alufit International Pvt Ltd (Schüco International KG), Alumayer, Aluplex, Alutech Panels, Argo Facades, FG Glass, Finilex Laminates India (OPC) Private Limited, Glass Wall Systems, Innovators Facade Systems Limited, Kingspan Jindal Pvt. Ltd. (Kingspan Group), Plectra Facade Industries LLP, RK Facade Pvt. Ltd., Saint-Gobain Glass India (Saint-Gobain Group), Siddhivinayakcreations Facade Pvt. Ltd, Skyshade Daylights Private Limited, and Windorz India Private Limited.
The report has segmented the market on the basis of region, product type, material and end user.
Market Breakup by Product Type:
- Ventilated
- Non-Ventilated
- Others
Market Breakup by Material:
- Glass
- Metal
- Plastic and Fibres
- Stones
- Others
Market Breakup by End User:
- Commercial
- Industrial
- Residential
Breakup by Region:
- South India
- North India
- West and Central India
- East and North East-India
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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