Market Size of US Facade Industry
| Study Period | 2024 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| CAGR | > 4.40 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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US Facade Market Analysis
The size of the US Facade Market is USD 47.5 billion in the current year and is anticipated to register a CAGR of over 5% during the forecast period.
- One of the innovations for humanity that has been seen with the development of energy-saving façade materials is the development of these materials. The facades market is expected to pick up steam in the upcoming years as part of the forecast era, which will end in 2030, due to the enormous level of development of advanced materials and the increased emphasis on aesthetics followed by safety capabilities.
- The surge in infrastructure-related activities and non-residential construction is expected to contribute to the United States' growth in terms of facade development. Currently, facade systems are extensively used in both industrial and commercial buildings. Modern facades can assist in meeting basic requirements such as sun control, daylighting resistance, ventilation systems, and dynamic systems, which are becoming more popular with builders for usage in non-residential projects.
- Further, the growth rate of the US facade system market will be boosted by the rising construction and infrastructure projects for homes and other buildings. Additionally, the market value increase will be fueled by the construction companies' expansions. The increased focus on energy efficiency is also projected to support market expansion.
- The market for facade systems was negatively impacted by the COVID-19 pandemic. With the commencement of the COVID-19 pandemic in 2020, all construction and infrastructure projects around the world were put on hold. However, the COVID-19 epidemic has hastened the need for curtain wall facade opening features by fostering the need to create a healthy environment in private, public, and commercial spaces. Since the beginning of the pandemic and the subsequent restart of business activity, building occupants now have a greater need for fresh air circulation, access to outside spaces, and a lower density for physical separation, making facade systems more unique and environmentally friendly.
