Asia-Pacific facade market is estimated to grow significantly at a CAGR of around 6.0% during the forecast period. The growth of Asia-Pacific facade market is primarily being driven by China and India’s fast-paced economies and significant growth in the building and construction sector. Japan, Australia, South Korea, and Taiwan are the key regions growing at a significant rate due to increasing urbanization, growing investment in the construction of the eco-friendly and buildings for commercial and industrial purposes. Asia-Pacific has significant scope for the growth of the facade market owing to the rising demand for eco-friendly and innovative infrastructural projects.
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Moreover, growing urbanization and rising disposable income in emerging economies are expected to be the major factor for the growth of Asia-Pacific facade market. Asia-Pacific is currently witnessing rapid urbanization, as the emerging economies are aiming to improve its infrastructure and driving the growth of the economy. The growing trend towards green energy resources has also influenced the growth within the region at an extensive level. Cohesive government policies attract, economic labor attracts global giants to explore the Asia-Pacific region. Moreover, merger and accusation, collaboration and partnerships among the Asia-Pacific facade market players will further boost the facade market. Emerging economies such as Malaysia, Indonesia, China, and India will create growth opportunities during the forecast period. The government initiatives towards investment in renewable energy sources will further propel the growth of the face market.
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The companies which are contributing to the growth of the Asia-Pacific facade market include Leo Fab Asia, Tata Steel Ltd., KASKAL CO., LTD., Lindner Group KG, and seele holding GmbH. The market players are considerably contributing to the market growth by the adoption of various strategies including new product launch, merger, and acquisition, collaborations with government, funding to the start-ups and technological advancements to stay competitive in the market. For instance, the Government of India has introduced certain schemes such as ‘Housing for All’ and ‘Smart Cities Mission’, in order to drive the economic growth of the country. This, in turn, it is propelling the growth of the facade market in Asia-Pacific region.
Market Segmentation
Asia-Pacific Facade Market by Façade Type
- Ventilated
- Non-Ventilated
Asia-Pacific Facade Market by End-User
- Commercial
- Residential
- Industrial
Regional Analysis
- China
- Japan
- India
- Rest of Asia-Pacific
Company Profiles
- Aakriti Engineers
- Aedas
- AGL Facade Systems Pte. Ltd.
- Ajit Glafa India Pvt. Ltd.
- Alfa Facade Systems Pvt. Ltd.
- Alumak Industries, Inc.
- Aluvision Facade Solutions Pvt. Ltd.
- Argo Facades
- Asahi India Glass, Ltd.
- Auzmet Pty. Ltd.
- Axis facades
- Branoz Pte. Ltd.
- Empire Facades Pty Ltd.
- Facade Concept Design Pvt. Ltd.
- Geeta Aluminum Company Pvt. Ltd.
- Glass Wall Systems Pvt. Ltd.
- Glazium Facade Pvt. Ltd.
- Infinite Facade Solutions
- Innovators Facade System Ltd.
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
