Europe Cladding Market Size & Outlook, 2021-2030
Europe cladding market, 2018-2030 (US$M)
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Europe cladding market highlights
- The Europe cladding market generated a revenue of USD 48,086.2 million in 2021.
- The market is expected to grow at a CAGR of 6.4% from 2022 to 2030.
- In terms of segment, terracotta was the largest revenue generating product in 2021.
- Terracotta is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, France is expected to register the highest CAGR from 2022 to 2030.
Europe data book summary
| Market revenue in 2021 | USD 48,086.2 million |
| Market revenue in 2030 | USD 84,019.7 million |
| Growth rate | 6.4% (CAGR from 2021 to 2030) |
| Largest segment | Terracotta |
| Fastest growing segment | Terracotta |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Steel, Aluminum, Composite Material, Fiber Cement, Terracotta, Ceramic |
| Key market players worldwide | Kingspan Group PLC, Imax Corp, SFS Group AG, Nucor Corp, HAL Trust, Carea Facade, Architectural Cladding Australia, Riegler Riewe Architects, CGL Systems, Cladding Corp, Middle East Insulation, Shildan Group, Avenere Cladding |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.9% of the global cladding market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 142,446.1 million by 2030.
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Cladding Market Scope
Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe cladding market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 31.56% in 2021. Horizon Databook has segmented the Europe cladding market based on steel, aluminum, composite material, fiber cement, terracotta, ceramic covering the revenue growth of each sub-segment from 2018 to 2030.
Europe was one of the largest consumers of claddings in 2020 owing to the significant product demand from developed economies including Germany, the UK, Russia, Italy, and France. Cladding market in Europe is expected to benefit from the recovery in residential and commercial construction sector.
The European market has witnessed a significant growth in construction activities and this growth can be directly translated into an increased product demand. The demand for claddings in Europe is expected to gain momentum over the forecast period owing to the growth in commercial construction activities.
Increasing utilization of cladding to enhance the aesthetic appeal of a structure is further expected to propel the product demand over the forecast period. The market is expected to be significantly driven by the growing residential sector on account of increasing rate of immigration.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe cladding market , including forecasts for subscribers. This continent databook contains high-level insights into Europe cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe cladding market size, by country, 2018-2030 (US$M)
Europe Cladding Market Outlook Share, 2021 & 2030 (US$M)
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