Curtain Walling Segment to Dominate Europe Facade Market during 2019–2028

According to a new market research study on “Europe Facade Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material, Application, and Product Type,” is expected to reach US$ 62.78 billion by 2028 from US$ 46.25 billion in 2021. The market is estimated to grow at a CAGR of 4.5% from 2021 to 2028. Widescale adoption in corporate buildings is the major factor driving the growth of the Europe facade market. However, risks related to complexity of façades may hinder the growth of Europe facade market. The report provides trends prevailing in the Europe facade market along with the drivers and restraints pertaining to the market growth.

In Europe, different countries' timing and degree of response to the COVID-19, followed by gradually restarting economies, adversely impacted the façade market in the region. Prominent players suffered a significant downturn in production and revenue forecasts due to the lack of raw materials from the disrupted global supply chain. The COVID-19 crisis was particularly adverse in Italy, France, and Luxembourg, where construction activities declined 71.1%, by 64.4%, and by 52.2%, respectively, between February and April 2020. Notably, the recovery rate between April 2020 and July 2021 was dominant in France at 174.3%. Additionally, by July 2021, the construction production in EU countries reached 98.6% of the pre-COVID-19 level of February 2020. In July 2021, the building construction reported an increase of 0.3% compared with June in Europe. Therefore, after facing an adverse negative impact in the region due to COVID-19, the façade market in Europe is showing signs of regaining momentum. Furthermore, incorporating modern façade systems in new buildings to create an energy-efficient and well-ventilated structure has led to a positive avenue for the market in the long-term post-pandemic scenarios.

The Europe facade market is segmented into material, application, product type, and country. Based on material, the Europe facade market is segmented into glass and metal, concrete and steel, ceramic, wood, UPVC, and others. The glass and metal segment held the largest market share in 2020. Based on application, the Europe facade market is segmented into residential, commercial, and industrial. The commercial segment held the largest market share in 2020. Based on the product type, market is segmented into windows, doors, curtain walling, and others. The curtain walling segment accounts for largest market share in the 2020. Similarly, based on country, the market is segmented into France, Germany, UK, Italy, Russia, and rest of Europe. France contributed a substantial share in 2020. 

Axis Facades; Bouygues SA; JML (U.A.E.) LLC; Lindner Group; Lindner Prater Limited; Meinhardt Group; PERMASTEELISA S.P.A; Ramboll Group A/S; ROCKWOOL International A/S; and Seele verwaltungs GmbH are among the leading companies in the Europe Facade Market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2019, At the eleven-story Embassy Gardens in London, Lindner Facades completed the last part of the facade. Lindner's production facilities produced FACADE ELEMENTS with glass and stainless-steel cladding, which were shipped to London on time and easily installed on site.

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