The latest report by IMARC Group, titled “Green Roof Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on the global green roof market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global green roof market reached a value of US$ 1.6 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.8 Billion by 2027, exhibiting a CAGR of 15.4% during 2022-2027. A green roof, also called a vegetative or eco-roof, is an artificial vegetated roofing system offering high-quality waterproofing, root repellant systems, drainage systems, lightweight growing media, plants, etc. It is functionally integrated into the roof area of a building and renders a natural color, variation, and stimulation to it. Green roofs assist in improving aesthetics, lessening waste and air pollution levels, managing stormwater, moderating the urban heat island effect, etc. They are extensively utilized in various sustainable construction projects to reduce the internal temperature of buildings and associated energy demands.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Market Trends and Drivers:
Rapid industrialization and elevating pollution levels are primarily driving the green roof market. In line with this, the escalating impact of climate change and global warming is propelling the need for effective methods of reducing atmospheric heat, which is further catalyzing the market growth. Moreover, the increasing requirement for building systems that help mitigate pluvial flood risks while enhancing the thermal insulation and reducing energy consumption is acting as another significant growth-inducing factor. Besides this, green roofs are gaining immense traction in the agriculture sector for providing sustainable and resilient food crop growing sites, which is also augmenting the global market. Furthermore, the rising levels of construction of new buildings and renovation of existing ones in the residential sector, owing to the expanding global population and the improving living standards of individuals, are anticipated to stimulate the green roof market in the coming years.
Key Market Segmentation:
Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- American Hydrotech Inc. (Sika AG)
- ArchiGreen Roof Ltd
- Axter Limited
- Barrett Company
- Bauder Ltd
- Columbia Green Technologies
- Green Roof Blocks
- Optigrün international AG
- Sempergreen B.V.
- XeroFlor North America
- ZinCo GmbH
Breakup by Type:
- Extensive
- Intensive
Breakup by Distribution Channel:
- Online
- Offline
Breakup by Application:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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