Market revenue in 2019 | USD 25.6 million |
Market revenue in 2027 | USD 92.9 million |
Growth rate | 17.5% (CAGR from 2019 to 2027) |
Largest segment | Extensive |
Fastest growing segment | Intensive |
Historical data covered | 2016 - 2018 |
Base year for estimation | 2019 |
Forecast period covered | 2020 - 2027 |
Quantitative units | Revenue in USD million |
Market segmentation | Extensive, Intensive |
Key market players worldwide | Zincore Metals Inc, Optigruen, Axter, Sempergreen Group, Bauder |
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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 green roof market will help companies and investors design strategic landscapes.
Extensive was the largest segment with a revenue share of 83.98% in 2019. Horizon Databook has segmented the Latin America green roof market based on extensive, intensive covering the revenue growth of each sub-segment from 2016 to 2027.
Green roof market is projected to witness strong growth in Central & South America on account of the growing government support in terms of policies and the rising awareness about the long-term benefits of green roof system among people.
The policies implemented across the countries of the region including Brazil, Argentina, and others are backed by incentives such as 50% financial support for commercial and residential buildings for the installation of green roofs over 400 square meters.
In addition, incentives are provided for installing green roofs over 600 square meters on industrial building. The government provides incentives under stable tax benefits for the ones who voluntarily install green roofs and walls on the existing buildings and roofs.
Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America green roof market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America green roof market from 2016 to 2027, including revenue numbers, major trends, and company profiles.
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