UAE Rainscreen Cladding Market Size & Outlook, 2023-2030
UAE rainscreen cladding market, 2018-2030 (US$M)
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UAE rainscreen cladding market highlights
- The UAE rainscreen cladding market generated a revenue of USD 1,769.6 million in 2023 and is expected to reach USD 2,538.0 million by 2030.
- The UAE market is expected to grow at a CAGR of 5.3% 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.
Rainscreen cladding market data book summary
| Market revenue in 2023 | USD 1,769.6 million |
| Market revenue in 2030 | USD 2,538.0 million |
| Growth rate | 5.3% (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 |
Other key industry trends
- In terms of revenue, UAE accounted for 1.2% of the global rainscreen cladding market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Middle East & Africa, Saudi Arabia rainscreen cladding market is projected to lead the regional market in terms of revenue in 2030.
- Oman is the fastest growing regional market in Middle East & Africa and is projected to reach USD 1,341.2 million by 2030.
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Rainscreen Cladding Market Scope
Rainscreen Cladding Market Companies
| Name | Profile | # Employees | HQ | Website |
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UAE 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 35.95% in 2023. Horizon Databook has segmented the UAE 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.
Expanding tourism sector, flourishing industrial output, and increasing exports is expected to aid the economic growth of UAE. The country is exhibits positive outlook for the construction industry, owing to the rising consumer confidence, increased prices in housing sector, and improved real estate activity.
The construction sector is expected to benefit from developments in tourism, major government investments in infrastructure, and international events. Increasing construction activities in the country is expected to present a positive outlook for demand for rainscreen cladding over the forecast period.
Rising expansion of hospitality, education, and healthcare sector is anticipated to boost the construction in respective sector. High per capita income in the country is expected to boost the consumer spending, thereby driving the growth of commercial sector. Growing consumer spending is presumed to propel the demand in retail sector, shopping malls & theatres, which is anticipated to propel the market growth over the forecast period.
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Our clientele includes a mix of rainscreen cladding market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the UAE rainscreen cladding market , including forecasts for subscribers. This country databook contains high-level insights into UAE rainscreen cladding market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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UAE rainscreen cladding market size, by raw material, 2018-2030 (US$M)
UAE Rainscreen Cladding Market Outlook Share, 2023 & 2030 (US$M)
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