Market revenue in 2023 | USD 3,185.7 million |
Market revenue in 2030 | USD 4,017.8 million |
Growth rate | 3.4% (CAGR from 2023 to 2030) |
Largest segment | Terracotta |
Fastest growing segment | Metal |
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 34.23% in 2023. Horizon Databook has segmented the Italy 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.
Construction sector in Italy is still far away from a rebound since the decline it experienced owing to the reduced investments in the sector. However, a modest recovery in construction activities in the country is expected to result in a positive demand for rainscreen cladding in the near future.
Associazione Nazionale Costruttori Edili (ANCE), the Italian construction association, reported a slight growth in the investments in construction sector in 2019 owing to restoration and non-residential building activities. This, in turn, is expected to benefit the growth of rainscreen claddings market.
A growth in the demand for rainscreen cladding is expected to be supported by the government’s efforts to improve the economic condition through investments in infrastructure and energy sectors as well as utilities construction activities. In addition, a positive growth in the country’s retail, tourism, and manufacturing industries is expected to encourage its expansion, thereby driving the product demand over the forecast period.
Horizon Databook provides a detailed overview of country-level data and insights on the Italy rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into Italy rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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