Global Green Roof Market, By Type (Extensive, Semi-Intensive, Intensive), Application (Residential, Commercial, Industrial), Distribution Channel (Retail, Wholesale), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
The green roof market is expected to witness market growth at a rate of approximately 15.00% in the forecast period of 2021 to 2028 and is expected to reach USD 3.87 billion by 2028. Data Bridge Market Research report on green roof market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in awareness regarding these systems is escalating the growth of green roof market.
Eco-friendly green roof refers to a technology which could offer various benefits to communities. The construction of a vegetative layer on top of a house or building is done in the installation of eco-friendly green roof. An eco-friendly green roof generally comprises of a vegetation layer such as trees, plants and shrubs. The benefits of an eco-friendly green roof is reducing energy and greenhouse gas emissions, enhancing storm water management and decreasing heat by regulating the temperature for the roof and the surrounding areas.
The growing awareness regarding these systems across various application areas, high adoption of green roofing materials especially in residential areas and tax benefits offered to private companies by governments globally are the major factors driving the growth of green roof market. The increasing new buildings and existing buildings in the city undergoing major roof renovations activities, the implementation of regulations on installing solar photovoltaic systems, living roof systems or a combination of both and the growth in awareness regarding environmental impact accelerate the green roof market growth. The expansion of residential construction sector, the improved standard of living and increasing investment in the infrastructural development by private and public sectors influence the green roof market. Additionally, growing population, rapid industrialization and urbanization, rising disposable income, manufacturers providing training sessions related to installation and maintenance of living roofs and change in lifestyles positively affect the green roof market. Furthermore, direct product distribution channels merging with third-party maintenance service providers and new product launches extend profitable opportunities to the green roof market players in the forecast period of 2021 to 2028.
On the other hand, lack of proper designing layout and guidelines for the installation of living roofs and low maintenance facilities are the factors expected to obstruct the green roof market growth. Unfavorable climatic conditions as extreme heat in regions such as the Middle East are projected to challenge the green roof market in the forecast period of 2021 to 2028.
This green roof market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on green roof market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Green Roof Market Scope and Market Size
The green roof market is segmented on the basis of type, application and distribution channel. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of type, the green roof market is segmented into extensive, semi-intensive and intensive.
- On the basis of application, the green roof market is segmented into residential, commercial and industrial.
- On the basis of distribution channel, the green roof market is segmented into retail and wholesale.
Global Green Roof Market Country Level Analysis
The green roof market is analyzed and market size, volume information is provided by country, type, application and distribution channel as referenced above.
The countries covered in the global green roof market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Europe dominates the green roof market during the forecast period of 2021 to 2028 due to the research and innovation policies by the European Commission for implementation of nature-based solutions and the funding program for greening measures implemented in the region. Asia-Pacific is expected to challenge the rising number of construction activities in countries such as China, Japan and India and rapid urbanization in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Green Roof Market Share Analysis
The green roof market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to green roof market.
The major players covered in the green roof market report are Optigrün international AG, Green Roof Blocks, Axter Limited, Sempergreen, Bauder Ltd, ZinCo GmbH, SOPREMA, XeroFlor, Bender, Jörg Breuning, American Hydrotech, Inc., Barrett Company, Columbia Green Technologies, ArchiGreen, Pashek+MTR, Berkeley Group, Coca-Cola System, Gambit Nash Limited, HARROWDEN TURF, GreenBlue Urban Limited among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.