Qatar Facade Market Size
| Study Period: | 2019-2028 |
| CAGR: | > 8.9 % |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Qatar Facade Market Analysis
The Qatar Facade Market is anticipated to register a CAGR of more than 8.9% over the forecast period. The market is driven by the demand of traditional Qatari construction fusioned with modern architecture and advanced technology. Furthermore, the market is driven by sustainibility and green technology endosrsed in all the buildings to repel heat.
- Rapid urbanization and the growing number of modern infrastructures around the world are the primary drivers of the global facade market. Furthermore, the growing emphasis on aesthetically pleasing building designs and raising consumer living standards contribute to market growth. Furthermore, the increasing use of facades in corporate buildings and industrial facilities due to their improved durability, fabrication, and weatherproofing is fueling demand for facade infrastructures. Aside from that, various architectural firms are developing modern, eco-friendly facade designs to overcome soundproofing and excess heat control constraints. Furthermore, the introduction of smart facades integrated with thermo-bimetals is expected to drive the market forward in the coming years.
- Energy-saving regulations are frequently a deciding factor when designing the best structure, and choosing the right substructure can have a significant impact. With our complete range of systems, including a passive-house certified thermal bridge-free solution, we can assist you with everything you need, from planning to selection and installation of your façade. Whatever panel system you are using, whether A1-rated metal cassettes or natural materials, we have a cost-effective solution to meet your needs. With the introduction of the new Hilti Fox-VI small bracket, we can further optimize the design and save up to 20% on the total cost of a typical project. This will have an effect not only on the overall cost of the build but also on the volume of raw material required to complete the build.
- Qatari architecture generally combines contemporary geometric aesthetics with traditional building forms. Two examples of this are I. M. Pei's newly refurbished Museum of Islamic Art, which fuses traditional Islamic architecture with modernization, and Jean Nouvel's National Museum of Qatar, which he envisioned as a stunning architecture of interconnecting discs inspired by the desert rose. These world-renowned museums represent more than just aesthetic beauty. Each was built with the idea of sustainability in mind. Qatar Museums aims to promote environmental awareness as well as art, culture, and knowledge. The eight stadiums built for the FIFA World Cup Qatar 2022TM used the same concepts and approach as described above. Each stadium's design reflects Qatari culture while also taking into account environmental responsibilities. The application of cutting-edge water and energy-saving technologies during construction and sustainable building practices are additional features.
Qatar Facade Industry Segmentation
Any exterior wall of a structure, including projections from and attachments to the wall, is referred to as a facade. A complete background analysis of the Qatar Facade Market, including the assessment of the economy and contribution of sectors in the economy, market overview, market size estimation for key segments, and emerging trends in the market segments, market dynamics, and geographical trends, and COVID-19 impact is included in the report.
The Qatar Façade Market is Segmented By Type(Ventilated, Non-Ventilated and Others), By Material(Glass, Metal, Plastic and Fibres, Stones and Others) and By End Users(Commercial, Residential and Others). The report offers market size and forecast values (USD billion) for all the above segments.
| By Type | |
| Ventilated | |
| Non-Ventilated | |
| Others |
| By Material | |
| Glass | |
| Metal | |
| Plastic and Fibres | |
| Stones and Others |
| By End Users | |
| Commercial | |
| Residential | |
| Others |
Qatar Facade Market Trends
This section covers the major market trends shaping the Qatar Facade Market according to our research experts:
Construction Industry to Drive the Market Growth
Qatar’s construction industry has a very good future as the industry is poised to grow rapidly in the coming years with the inflow of foreign direct investments into mega construction projects across the country. The construction industry has grown leaps and bounds in the past years have received a turbo boost from the World Cup which will certainly pay rich dividends to the industry in 2023. A vibrant economy is a plus factor for the construction industry in any country and this would result in a boom in Qatar’s construction industry during the current decade backed by the ‘State’s 2030 Vision’ and the policy direction of the government.
The economy is projected to grow 4.5% and 4.4% in 2023 and 2024, according to a World Bank forecast. The hosting of a successful world cup rebuffed claims of critics and skeptics and proved to the world that Qatar has all the trappings to host an event of any magnitude. Regional and global sporting events lined up for 2023 and beyond will be tailwinds for the construction industry with the need for accommodation and sporting facilities. The road network and transportation infrastructure such as the metro and the bus service are due to the future plans and vision for the state. Construction projects in Lusail and in many other iconic locations will be carried out transforming their landscape. This growth of construction industry will facilitate the Qatar facade market growth by boosting the demand in the market.
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Advanced technology and sustainability demand is driving the market
In Qatar's technologically advanced economy, the rise of prop-tech is imminent. Qatar's real estate market is at the cutting edge of technological advancement. Amid the pandemic, real estate developers have fully immersed themselves in VR property viewing and hybrid work. Local property developers hope to create innovative property architecture and apps for homeowners and tenants in the future. In addition, the real estate data landscape is changing. Finally, to increase efficiency in the real estate sector. Diversification of the economy is also well underway through other digital transformations, such as the integration of futuristic internet services and cutting-edge sports medicine facilities.
Qatar's real estate industry is on track to reduce its carbon footprint and pave the way for the country to have a greener future. The Doha Metro, Msheireb Downtown, and Lusail City are three of the country's most recent major projects that have incorporated Qatar's sustainability agenda into the core of their development plans, as evidenced by their emphasis on renewable energy solutions such as on-site energy generation, LED lighting systems, and carbon dioxide monitors. Qatar should continue to propel its Real Estate industry forward as a sustainably conscious, modern, and increasingly progressive market by focusing on reducing its carbon footprint, upholding its environmental well-being agenda, and implementing and updating its ESG standards in response to regional and global developments.
Qatar Facade Industry Overview
The Qatar Facade Market is fairly fragmented with more regional and local players with a few global players. Domestic players occupy a major share of the market as they have a good hold on the local architecture and traditions which are always looked upon by investors. The major players are Qatar Meta Coats W.L.L (QMC), Alce Engineering Qatar WLL, Bemo International, Everest Aluminum Co WLL, Norwood Qatar LLC, and many more. The use of advanced technology and sustainability are some of the factors which can discriminate top players from others.
Qatar Facade Market Leaders
Qatar Meta Coats W.L.L (QMC)
Alce Engineering Qatar WLL
Bemo International
Everest Aluminum Co WLL
Norwood Qatar LLC
*Disclaimer: Major Players sorted in no particular order
Qatar Facade Market News
- November 2022: Reflection Window + Wall (RWW) agreed with Qatari company Alutec WLL to expand its supply chain into the Middle East. Furthermore, the two companies' agreement stated that they can both use an application that tracks the first steps of fabrication through job site installation. Alutec expected that it would soon have more than 3.1 million square feet of production space thanks to operational and under-construction facilities in Qatar, India, Ireland, and Thailand. This area is also to be used for RWW production.
- September 2022: Foster + Partners, based in the United Kingdom, released images of its golden Lusail Stadium in Qatar, which hosted the FIFA 2022 World Cup final. The 80,000-seat stadium in Lusail, Qatar, was designed by Foster + Partners in collaboration with structural engineer Arup and sports architect Populous. It was designed to be a striking addition to the growing town, with a golden facade.
Qatar Facade Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
2.1 Analysis Method
2.2 Research Phases
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS DYNAMICS
4.1 Current Market Scenario
4.2 Market Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.4 Value Chain / Supply Chain Analysis
4.5 Porter's Five Forces Analysis
4.5.1 Threat of New Entrants
4.5.2 Bargaining Power of Buyers/Consumers
4.5.3 Bargaining Power of Suppliers
4.5.4 Threat of Substitute Products
4.5.5 Intensity of Competitive Rivalry
4.6 Government Regulations and Initiatives
4.7 Impact of COVID-19 on the Market
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Ventilated
5.1.2 Non-Ventilated
5.1.3 Others
5.2 By Material
5.2.1 Glass
5.2.2 Metal
5.2.3 Plastic and Fibres
5.2.4 Stones and Others
5.3 By End Users
5.3.1 Commercial
5.3.2 Residential
5.3.3 Others
6. COMPETITIVE LANDSCAPE
6.1 Market Concentration Overview
6.2 Company Profiles
6.2.1 Qatar Meta Coats W.L.L (QMC)
6.2.2 Alce Engineering Qatar WLL
6.2.3 Bemo International
6.2.4 Everest Aluminum Co WLL
6.2.5 Norwood Qatar LLC
6.2.6 Aluglass Co Ltd
6.2.7 Alumasa Qatar
6.2.8 Parex Group
6.2.9 Quanto Bello Qatar
6.2.10 Sollass Alu & Glass
6.2.11 Meinhardt Group*
*List Not Exhaustive7. FUTURE OF THE MARKET
8. APPENDIX
Qatar Facade Market Research FAQs
What is the study period of this market?
The Qatar Facade Market is studied from 2019 - 2028.
What is the growth rate of Qatar Facade Market?
The Qatar Facade Market is growing at a CAGR of >8.9% over the next 5 years.
Who are the key players in Qatar Facade Market?
Qatar Meta Coats W.L.L (QMC), Alce Engineering Qatar WLL, Bemo International, Everest Aluminum Co WLL, Norwood Qatar LLC are the major companies operating in Qatar Facade Market.
Qatar Facade Industry Report
Statistics for the 2023 Qatar Facade market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Qatar Facade analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.
