Europe Glass Curtain Wall Market: Industry Analysis and Forecast (2024-2030) Trends, Statistics, Dynamics, Segmentation
Europe Glass Curtain Wall Market was valued at USD 15.98 billion in 2023. The Europe Glass Curtain Wall Market size is estimated to grow at a CAGR of 7% over the forecast period.
Format : PDF | Report ID : SMR_968
Europe Glass Curtain Wall Market Definition:
Lightweight aluminum-framed facades with glass or metal panels are known as glass curtain walls. The weight of a roof or floor is not supported by these glass systems. Rather, gravity loads and wind resistance are transferred from the surface to the floor line of the building. Curtain walls are frequently used as part of the building envelope or as part of a wall system.
Further, the Europe Glass Curtain Wall market is segmented by Type, application, construction type, and geography. On the basis of Type, the Europe Glass Curtain Wall market is segmented Stick Builts, Unitized, and Others. Based on the Application, the Europe Glass Curtain Wall market is segmented under the channels of commercial, and residential. Based on the Construction type, the Europe Glass Curtain Wall market is segmented under the channels of new construction, and Refurbishment. By geography, the market covers the major countries in Europe i.e., Italy, Germany, United Kingdom, Russia, France and Rest of Europe For each segment, the market sizing and forecasts have been done on the basis of value (in USD Billion).
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Europe Glass Curtain Wall COVID 19 Insights:
Due of the COVID-19 outbreak, the construction market's main operations have been halted. Labor shortages, logistical and supply interruptions, and raw material manufacturing delays are just a few of the difficulties that the construction market is dealing with as a result of the outbreak. Contract cancellations, production delays, and supply postponements, among other challenges, have impeded the growth of the Europe glass curtain wall market. The sector has witnessed mass layoffs as a direct result of the stoppage caused by the COVID-19 virus. According to an online survey performed in April 2020, 27 % of construction organizations have reported layoffs, and 59 % have mentioned various concerns causing delays and disruption in operations.
Europe Glass Curtain Wall Market Dynamics:
Market Drivers: The growth of real estate has aided the construction of massive and grandiose structures with modern facilities. Globalization has resulted in the construction of massive commercial facilities, including office complexes, in most parts of the world, particularly in developing countries. Western industrialized economies have committed huge sums of money in the form of Foreign Direct Investment to support the growth of firms and the establishment of brands in emerging economies (FDI). This has resulted in the development of commercial offices and infrastructures that use a variety of high-end architectural features which is quickly becoming a major Europe Glass Curtain Wall market growth driver.
Market Restraints: Glass-installed structures have a significant cost associated with their appealing look. Restraint of Europe glass curtain wall market is system's installation and maintenance costs are exceedingly high. Manufacturers provide both standard and custom systems, depending on the customer's requirements. Custom wall systems, on the other hand, are highly competitive with standard wall systems in large, complex projects. As a result, the consumer must hire qualified design consultants to complete such projects, raising the project's cost.
Opportunities: The government's growing support for the development of "smart cities" will open up a slew of opportunities in Europe glass curtain wall market. As a result, in the next years, curtain wall manufacturers will reap major benefits from the new modifications in Europe Curtain Wall market.
Challenges: The decreasing growth of the building and real estate sectors is one of the most critical challenges in Europe glass curtain wall market. It will also be necessary to move heavy materials in a safe and environmentally friendly manner. As a result, the major players will have a difficult time finding qualified laborers.
Europe had a 26% market share in 2021. Because Central and Eastern European countries are still developing in comparison to Western European countries, they are expected to be significant development drivers in the region. By 2027, the UK construction sector will have surpassed Germany to become the world's sixth-largest.
Europe Glass Curtain Wall Market Segment Analysis:
By Type,
Unitized systems make for a major share of the market since they are put on the exteriors of buildings on a large scale. This system consists of large components that have been factory pre-assembled and glazed. Fire safety, thermal efficiency, and sound transmission must all be considered because the unitized systems act as the building's envelope. To ensure optimum performance, this system is made up of superior grade materials and designs, which enhances the system's cost.
Stick-built glass curtain wall systems are often employed in smaller projects because they are more cost-effective to install on-site. The other sector kinds are less popular in the market due to the increased benefits provided by unitized and stick-built systems.
By Application,
Long before they were used in residential projects, glass curtain wall systems were commonly used in market buildings. The rise of the commercial building sector in developed countries in the west, as well as the industrialization and commercialization of emerging economies in the Europe region, would likely drive the market in the coming years. By 2030, construction output is expected to increase by 70 %, accounting for around 50 % of the increase. As a result, demand for commercial glass curtain systems is expected to rise in both these rising markets.
The residential segment of the glass curtain wall market is estimated to grow at a significant CAGR Throughout the forecast period. Multifamily residential complexes are gradually employing a variety of energy-saving methods, such as installing energy-efficient lighting and HVAC systems. As a result, glass curtain walls are expected to become more popular in the future. The public segment includes stadiums, public buildings, and other transit facilities such as airports, bus terminals, and train stations. Green building rules are gradually being used by these venues in order to save energy and meet various regulatory criteria. As a result, the use of glass curtain walls in such places has enormous energy-saving potential.
Europe Glass Curtain Wall Market Key Players Insights:
The market is characterized by the existence of a number of well-known firms. These companies control a large portion of the market, have a wide product portfolio, and have a presence. In addition, the market comprises small to mid-sized competitors that sell a limited variety of items, some of which are self-publishing organizations.
The market's major companies have a significant impact because most of them have extensive networks through which they can reach their massive client bases. To drive revenue growth and strengthen their positions in the market, key players in the market, particularly in this region, are focusing on strategic initiatives such as acquisitions, new collection launches, and partnerships.
The objective of the report is to present a comprehensive analysis of the Europe Glass Curtain Wall market to the stakeholders in the market. The report provides trends that are most dominant in the Europe Glass Curtain Wall market and how these trends will influence new market investments and market development throughout the forecast period. The report also aids in the comprehension of the Europe Glass Curtain Wall Market dynamics and competitive structure of the market by analyzing market leaders, market followers, and regional players.
The qualitative and quantitative data provided in the Europe Glass Curtain Wall market report is to help understand which market segments, regions are expected to grow at higher rates, factors affecting the market, and key opportunity areas, which will drive the market and market growth through the forecast period. The report also includes the competitive landscape of key players in the market along with their recent developments in the Europe Glass Curtain Wall market. The report studies factors such as company size, market share, market growth, revenue, production volume, and profits of the key players in the Europe Glass Curtain Wall market.
The report provides Porter's Five Force Model, which helps in designing the business strategies in the market. The report helps in identifying how many rivals exist, who they are, and how their product quality is in the Europe Glass Curtain Wall market. The report also analyses if the Europe Glass Curtain Wall market is easy for a new player to gain a foothold in the market, do they enter or exit the market regularly, if the market is dominated by a few players, etc.
The report also includes a PESTEL Analysis, which aids in the development of company strategies. Political variables help in figuring out how much a government can influence the Europe Glass Curtain Wall market. Economic variables aid in the analysis of economic performance drivers that have an impact on the Europe Glass Curtain Wall market. Understanding the impact of the surrounding environment and the influence of environmental concerns on the Europe Glass Curtain Wall market is aided by legal factors.
Europe Glass Curtain Wall Market Scope:
Europe Glass Curtain Wall Market |
|
Market Size in 2023 |
USD 15.98 Bn. |
Market Size in 2030 |
USD 25.66 Bn. |
CAGR (2024-2030) |
7% |
Historic Data |
2018-2022 |
Base Year |
2023 |
Forecast Period |
2024-2030 |
Segment Scope |
By Type
|
By Application
|
|
|
By Construction Type
|
Country Scope |
|
Europe Glass Curtain Wall Market Key Players:
- Schott AG (Germany)
- Ponzio (Italy)
- Saint Gobain (France)
- Reynaers (Belgium)
- HUECK System GmbH & Co. (Germany)
- Heroal (Germany)
- Kawneer (France)
Frequently Asked Questions
The market size of the Europe Glass Curtain Wall Market by 2030 is expected to reach USD 25.66 Billion.
The forecast period for the Europe Glass Curtain Wall Market is 2024-2030
The market size of the Europe Glass Curtain Wall Market in 2023 was valued at USD 15.98 Billion.
1. Europe Glass Curtain Wall Market: Research Methodology
1.1 Research Data
1.1.1. Primary Data
1.1.2. Secondary Data
1.2. Market Size Estimation
1.2.1. Bottom-Up Approach
1.2.2. Top-Down Approach
1.3. Market Breakdown and Data Triangulation
1.4. Research Assumption
2. Europe Glass Curtain Wall Market Executive Summary
2.1. Market Overview
2.2. Market Size (2023) and Forecast (2024 – 2030) and Y-O-Y%
2.3. Market Size (USD) and Market Share (%) – By Segments
3. Europe Glass Curtain Wall Market: Competitive Landscape
3.1. SMR Competition Matrix
3.2. Key Players Benchmarking
3.2.1. Company Name
3.2.2. Headquarter
3.2.3. Product Segment
3.2.4. End-user Segment
3.2.5. Y-O-Y%
3.2.6. Revenue (2023)
3.2.7. Profit Margin
3.2.8. Market Share
3.2.9. Company Locations
3.3. Market Structure
3.3.1. Market Leaders
3.3.2. Market Followers
3.3.3. Emerging Players
3.4. Consolidation of the Market
3.4.1. Strategic Initiatives and Developments
3.4.2. Mergers and Acquisitions
3.4.3. Collaborations and Partnerships
3.4.4. Product Launches and Innovations
4. Europe Glass Curtain Wall Market: Dynamics
4.1. Europe Glass Curtain Wall Market Trends
4.2. Europe Glass Curtain Wall Market Drivers
4.3. Europe Glass Curtain Wall Market Restraints
4.4. Europe Glass Curtain Wall Market Opportunities
4.5. Europe Glass Curtain Wall Market Challenges
4.6. PORTER’s Five Forces Analysis
4.6.1. Intensity of the Rivalry
4.6.2. Threat of New Entrants
4.6.3. Bargaining Power of Suppliers
4.6.4. Bargaining Power of Buyers
4.6.5. Threat of Substitutes
4.7. PESTLE Analysis
4.7.1. Political Factors
4.7.2. Economic Factors
4.7.3. Social Factors
4.7.4. Technological Factors
4.7.5. Legal Factors
4.7.6. Environmental Factors
4.8. Technological Roadmap
4.9. Value Chain Analysis
4.10. Regulatory Landscape
5. Europe Glass Curtain Wall Market: Market Size and Forecast by Segmentation (by Value in USD Million) (2023-2030)
5.1. Europe Glass Curtain Wall Market Size and Forecast, by Type (2023-2030)
5.1.1. Stick-Built
5.1.2. Unitized
5.1.3. Others
5.2. Europe Glass Curtain Wall Market Size and Forecast, by Application (2023-2030)
5.2.1. Commercial
5.2.2. Residential
5.3. Europe Glass Curtain Wall Market Size and Forecast, by Construction Type (2023-2030)
5.3.1. New Construction
5.3.2. Refurbishment
5.4. Europe Glass Curtain Wall Market Size and Forecast, by Country (2023-2030)
5.4.1. UK
5.4.2. France
5.4.3. Germany
5.4.4. Italy
5.4.5. Spain
5.4.6. Sweden
5.4.7. Austria
5.4.8. and Rest of Europe
6. Company Profile: Key Players
6.1. Schott AG (Germany)
6.1.1. Company Overview
6.1.2. Product Segment
6.1.2.1. Product Name
6.1.2.2. Product Details (Price, Features, etc)
6.1.3. Financial Overview
6.1.3.1. Total Revenue
6.1.3.2. Segment Revenue
6.1.4. SWOT Analysis
6.1.5. Strategic Analysis
6.1.6. Recent Developments
6.2. Ponzio (Italy)
6.3. Saint Gobain (France)
6.4. Reynaers (Belgium)
6.5. HUECK System GmbH & Co. (Germany)
6.6. Heroal (Germany)
6.7. Kawneer (France)
7. Key Findings
8. Industry Recommendations
8.1. Strategic Recommendations
8.2. Future Outlook