France facade market is estimated to grow considerably, at a CAGR of around 4.8%, during the forecast period. The demand for various facade solutions in the country is backed by substantial growth in the building & construction industry of the country. As per the European Commission, over 2010-2016, the production in the construction industry witnessed a drop of 12.9% due to the economic crisis and its consequences. Production in construction of buildings and civil engineering dropped by 13.9% and 8.7% respectively over the same period. However, the profitability of the sector has increased with a turnover amounting to $500 million in 2016, which is 6.4% up from 2010 level.
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Further, between 2010 and 2016 the number of companies in the broad construction sector has witnessed a 19.6% growth, reaching 834,617. In 2016, the total value added of the broad construction sector was $174 billion, with the narrow construction sub-sector having the largest share of nearly 55.8%, followed by real estate projects that contributed around 23.7%, architectural and engineering projects contributed approx. 13.7% and manufacturing contributed to 6.8% respectively. With the increase in the investment in the growing construction sector of the country, the demand for facade solutions is estimated to get driven in the forecast period.
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The investment of $22.4 billion out of planned $64 billion investment will be provided to the construction sector. In addition, EIB (European Investment Bank) in 2016, invested around $3.6 billion for construction projects, 50% of which were for the modernization of public transport and the construction of the first line of the Grand Paris Express. Under the Construction Revival Plan, a total of $78.3 million were invested for the Asbestos R&D Plan, the Building Digital Transition Plan, and the Action Program for Construction Quality and Energy Transition. The Construction Revival Plan is aimed at strengthening the digital and energy efficiency skills of the workforce.
The companies which are contributing to the growth of the France facade market include Permasteelisa Group, Ingerop, Saint-Gobain S.A., selle holdings GmbH, and VETA France. 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.
Market Segmentation
France Facade Market by Façade Type
- Ventilated
- Non-Ventilated
France Facade Market by End-User
- Commercial
- Residential
- Industrial
Company Profiles
- Bellapart
- ETANCO S.A.S.
- Gebruder Schneider Fensterfabrik GmbH & Co. KG (Schneider Group)
- Ingerop
- INSTALLUX Group
- Koninklijke Mosa BV
- Permasteelisa Group
- Saint-Gobain S.A.
- Selle holdings GmbH
- VETA France
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
