The European facade market is estimated to grow modestly, at a CAGR of around 5.1%, during the forecast period. Europe contributes a significant share in the facade market. The major economies that contribute to the growth of the EU include UK, France, Germany, Italy, and Spain. The growth of the European facade market is backed by factors such as the high per capita income of citizens and the surging building and construction industry across the region. Moreover, a significant shift towards the implementation of eco-friendly facade material such as solar panels has also led to the growth of the European facade market in recent years.
In Germany, the housing market has been facing strong demand fueled by rising incomes, low-interest rates as well as high levels of net migration. It is estimated that 3.6 million migrants will have arrived in Germany until 2020. There is housing demand for at least 350,000 new dwellings per year. Low-interest rates coupled with rising disposable incomes have contributed to increased property prices, in particular in big cities, making it more difficult for middle-class households to afford to house. To overcome some of the pressure in the housing market, the government of Germany had introduced the Housing Construction Campaign, namely a comprehensive package of measures aimed at tackling housing shortages and rising house prices. This is further expected to reflect growth for the facade market in the country.
The Swedish construction sector has been experiencing strong growth in recent years. In 2016, the number of companies in the sector grew up by 21.4% compared to 213,434 in 2010. Additionally, the production in the construction building has exceeded the 2010 level by 19.2% in 2016. Over 2010 -2016, the revenue generated by the broad construction sector of the country grew by 42.3%. Furthermore, the Swedish government is making an investment in infrastructure that may lead to the facade market growth over the forecast period. The government introduced a new $73.7 billion infrastructure bill for 2018-2029 for boosting investment in infrastructure, improving mobility and hence alleviating the housing shortage.
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European Facade Market Segmentation
By Façade Type
- Ventilated
- Non-Ventilated
By End-User
- Commercial
- Residential
- Industrial
A full Report of European Facade Market is Available @ https://www.omrglobal.com/industry-reports/european-facade-market
Regional Analysis
- UK
- Germany
- Italy
- France
- Spain
Rest of Europe
Company Profiles
- AECOM
- Alliance Facades, Ltd.
- Alucraft, Ltd.
- Bailey
- Bellapart
- Brunkeberg Systems AB
- Casalgrande Padana S.P.A.
- Ceramica Mayor S.A.
- Christian Pohl GmbH
- EOS Facades Ltd.
- Europe Facade Ltd.
- FAVEMANC
- Faveton Terracotta
- Felix Construction SA
- HansenGroup Ltd.
- HOCHTIEF AG
- Lindner Group KG
- NBK Keramik GmbH
- Palagio Engineering SRL
- Parklex International SLU
- Permasteelisa S.p.A
- Saint-Gobain S.A.
- Schüco International KG
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