Market revenue in 2023 | USD 1,010.9 million |
Market revenue in 2030 | USD 1,637.1 million |
Growth rate | 7.1% (CAGR from 2023 to 2030) |
Largest segment | Terracotta |
Fastest growing segment | Other Raw Materials |
Historical data | 2018 - 2022 |
Base year | 2023 |
Forecast period | 2024 - 2030 |
Quantitative units | Revenue in USD million |
Market segmentation | Fiber Cement, Composite Material, Metal, High Pressure Laminates, Terracotta, Ceramic, Other Raw Materials |
Key market players worldwide | Kingspan Group PLC, Compagnie de Saint-Gobain SA, Rockwool AS Class B, Fundermax, Nucor Corp, Dow Building Solutions, CAREA, CGL Systems, EcoEarth solutions, OmniMax International, Middle East Insulation |
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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 rainscreen cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 35.84% in 2023. Horizon Databook has segmented the Egypt rainscreen cladding market based on fiber cement, composite material, metal, high pressure laminates, terracotta, ceramic, other raw materials covering the revenue growth of each sub-segment from 2018 to 2030.
Rainscreen cladding in Egypt is expected to be driven by strong growth in construction industry, owing to heavy investments in infrastructure, residential, and industrial projects. Continuous focus of the government on development of transport infrastructure and construction of affordable housing is anticipated to key factors to drive the construction industry in Egypt, thereby spurring the rainscreen cladding demand.
The Ministry of Housing, Utilities, and Urban Development of Egypt (MoH) announced the construction of new capital city of Egypt, to the east of Cairo, in March 2015, in an attempt to reduce congestion in Cairo, create employment, promote sustainable economic growth, and attract foreign investments.
This project is expected to drive the construction activities in the particular region, consequently boosting the demand for rainscreen cladding. Government’s efforts to balance the demand and supply for affordable housing is anticipated to spur the growth of residential construction over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Egypt rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Egypt rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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