India Facade Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

India Facade Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The India facade market size reached US$ 2,638.2 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 4,254.5 Million by 2028, exhibiting a growth rate (CAGR) of 8.23% during 2023-2028. The increasing construction activities, rising number of commercial spaces, and the growing number of remodeling and upgradation projects represent some of the key factors driving the market.

The facade is an exterior front of a building that comprises roofing, street awnings, and ventilation louvers. It is produced using different materials, such as glass, brick, steel, aluminum, stone, concrete, metal, clay, and wood. It offers an aesthetic appeal to the building and enhanced waterproofing, fabrication, durability, and weather protection. It is generally used in energy efficient buildings for controlling light penetration, regulating internal temperature, and providing thermal insulation. It requires regular maintenance to ensure its longevity and functionality. It is commonly available in several shapes and sizes and can be created as per the requirements of the consumer.

India Facade Market Trends:

The increasing construction activities in the residential areas on account of rapid urbanization and inflating disposable income levels represent one of the key factors driving the demand for façades in India. Moreover, the rising number of commercial spaces, such as shopping malls, restaurants, cafes, offices, hotels, and institutions, is contributing to the market growth. In addition, due to the growing environmental concerns, several measures are being undertaken by the government of India (GoI) to promote the use of sustainable construction materials and minimize carbon emissions. This, coupled with the launch of various government-sponsored public housing programs due to the surging demand for affordable housing units, is driving the adoption of facades in the country. Apart from this, the increasing number of remodeling and upgradation projects for stadiums, airports, railway stations, metro, and hospitals is contributing to the market growth in the country. Furthermore, the rising popularity of polycarbonate facades in industrial and large-scale commercial buildings due to their numerous advantages, including easy installation, weather resistance, and low maintenance costs, is propelling the growth of the market. Besides this, key players operating in India are introducing facades in advanced materials, such as phase change materials (PCM), high reflectance and durable outdoor coatings, and insulation foams with improved strength and visually appealing texture. This, along with the advent of high quality facades that regulates temperature, protects against rain, and resists corrosion to ensure comfortable and durable building on account of changing climatic conditions like heat, humidity, and monsoon is strengthening the growth of the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India facade market report, along with forecasts at the country and regional level from 2023-2028. Our report has categorized the market based on product type, material and end user.

Product Type Insights:

Ventilated

Non-Ventilated

Others

The report has provided a detailed breakup and analysis of the facade market based on the product type. This includes ventilated, non-ventilated, and others. According to the report, ventilated represented the largest segment.

Material Insights:

Glass

Metal

Plastic and Fibres

Stones

Others

A detailed breakup and analysis of the facade market based on the material has also been provided in the report. This includes glass, metal, plastic and fibres, stones, and others. According to the report, glass accounted for the largest market share.

End User Insights:

Commercial

Industrial

Residential

The report has provided a detailed breakup and analysis of the facade market based on the end user. This includes commercial, industrial, and residential. According to the report, commercial represented the largest segment.

Regional Insights:

South India

North India

West and Central India

East and North East-India

The report has also provided a comprehensive analysis of all the major regional markets, which include South India, North India, West and Central India, and East and North-East India. According to the report, South India was the largest market for facade. Some of the factors driving the South India facade market included increasing construction activities, government initiatives, product innovations, etc.

Competitive Landscape:

The report has also provided a comprehensive analysis of the competitive landscape in the India facade market. Competitive analysis such as market structure, market share by key players, player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the companies covered include 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, Windorz India Private Limited, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.

Key Questions Answered in This Report

1. What was the size of the India facade market in 2022?

2. What is the expected growth rate of the India facade market during 2023-2028?

3. What has been the impact of COVID-19 on the India facade market?

4. What are the key factors driving the India facade market?

5. What is the breakup of the India facade market based on the product type?

6. What is the breakup of the India facade market based on the material?

7. What is the breakup of the India facade market based on end user?

8. What are the key regions in the India facade market?

9. Who are the key players/companies in the India facade market?