Report : Middle East and Africa Facade Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Material (Glass and Metal, Concrete and Steel, Ceramic, Wood, UPVC, and Others), Application (Residential, Commercial, and Industrial), and Product Type (Windows, Doors, Curtain Walling, and Others)
Curtain Walling Segment to Dominate Middle East & Africa Facade Market during 2019–2028
According to a new market research study on “Middle East & Africa Facade Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Material, Application, and Product Type,” is expected to reach US$ 25.13 billion by 2028 from US$ 18.25 billion in 2021. The market is estimated to grow at a CAGR of 4.7% from 2021 to 2028. Widescale adoption in corporate buildings is the major factor driving the growth of the Middle East & Africa facade market. However, risks related to complexity of façades may hinder the growth of Middle East & Africa facade market. The report provides trends prevailing in the Middle East & Africa facade market along with the drivers and restraints pertaining to the market growth.
The MEA comprises South Africa, the UAE, Saudi Arabia, and other countries. South Africa recorded the highest number of COVID-19 cases in this region, followed by Saudi Arabia and the UAE. The MEA has a smaller number of companies operating or offering market-specific solutions. The COVID-19 outbreak has negatively impacted the construction businesses of commercial and residential buildings in the region due to the supply chain disruption and labor movement restriction. However, in 2021, with the uplifting of lockdown restrictions and vaccination processes, construction projects and developments in this regional market have started again, helping to create a positive scenario for the façade market growth. Furthermore, the infrastructural readiness of several stable economies in the Middle East, such as UAE, Saudi Arabia, Qatar, and Bahrain, creates ample opportunities for the market to expand and flourish.
The Middle East & Africa facade market is segmented into material, application, product type, and country. Based on material, the Middle East & Africa 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 Middle East & Africa 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 Saudi Arabia, UAE, Qatar, Kuwait, South Africa, and rest of Middle East & Africa. UAE contributed a substantial share in 2020.
Bouygues SA; JML (U.A.E.) LLC; 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 Middle East & Africa 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 2018, JML UAE, a facade provider, has been acquired by ASGC. ASGC owns most of its supply chain through subsidiaries and a combination of controlling and minority shares in other firms, and the acquisition of JML UAE represents a continuation of this strategy.
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