Europe Rainscreen Cladding Market Size & Outlook
Europe rainscreen cladding market, 2018-2030 (US$M)
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Europe rainscreen cladding market highlights
- The Europe rainscreen cladding market generated a revenue of USD 43,371.3 million in 2023.
- The market is expected to grow at a CAGR of 5.8% from 2024 to 2030.
- In terms of segment, terracotta was the largest revenue generating raw material in 2023.
- Metal is the most lucrative raw material segment registering the fastest growth during the forecast period.
- Country-wise, Turkey is expected to register the highest CAGR from 2024 to 2030.
Europe data book summary
| Market revenue in 2023 | USD 43,371.3 million |
| Market revenue in 2030 | USD 64,294.2 million |
| Growth rate | 5.8% (CAGR from 2023 to 2030) |
| Largest segment | Terracotta |
| Fastest growing segment | Metal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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 |
Other key industry trends
- In terms of revenue, Europe region accounted for 30.0% of the global rainscreen cladding market in 2023.
- 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 69,674.7 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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Europe rainscreen 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 rainscreen cladding market will help companies and investors design strategic landscapes.
Terracotta was the largest segment with a revenue share of 33.86% in 2023. Horizon Databook has segmented the Europe 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.
Europe was the largest consumer of rainscreen cladding in 2019 owing to the significant product demand from developed economies including Germany, the UK, Russia, Italy, and France. Rainscreen 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 market is expected to be significantly driven by the growing residential sector on account of increasing rate of immigration.
Residential construction sector accounted for the highest share in the consumption of rainscreen claddings on account of the extensive product application scope in this sector; the growth of residential construction activities in the region is anticipated to propel the product demand over the forecast period.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Europe rainscreen cladding market , including forecasts for subscribers. This continent databook contains high-level insights into Europe rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Europe rainscreen cladding market size, by country, 2018-2030 (US$M)
Europe Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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