The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

The Business Research Company’s Green Roof Global Market Report 2023 offers crucial insights into the green roof market help businesses analyse and build stronger strategies.

The global green roof market is on an upward trajectory, with a projected growth from $1.53 billion in 2022 to $1.80 billion in 2023, showcasing a remarkable Compound Annual Growth Rate (CAGR) of 17.7%. As we explore the dynamics of this market, let’s delve into the driving forces, key players, and the innovative trends shaping its future.

Construction Boom Fuels Growth

• Construction Boom Definition: A surge in the construction of industrial, commercial, and residential buildings.
• Impact on Green Roof Market: Increased construction activity generates heat and air pollution, driving the need for green roofs.
• Example: Canada’s building construction investment surged from $14294 million in April 2019 to $19273 million in 2020.
• U.S. Construction Trends: The 2022 U.S. Construction Cost Trends report highlights a rise in residential construction, intensifying demand for materials and labor.
• Total Construction Spending: In the U.S., construction spending has increased by 16% since the onset of the pandemic, indicating a robust market.

Major Players in the Green Roof Market

• Leading Companies: Sika AG, ArchiGreen Roof Ltd., Axter Ltd., Barrett Company LLC, Columbia Green Technologies, and more.
• Diverse Industry Contribution: A range of companies contributing to the market’s growth, highlighting its competitiveness.

Rise of Innovative and Smart Green Roofs

• Trending Innovation: Development of innovative and smart green roof systems gains traction.
• Example: Knauf Insulation and Sempergreen BV launched the detention roof in July 2020.
• Detention Roof Features: Tested for efficacy, the detention roof stores excess rainfall and delays water outflow during heavy rain, adhering to regulatory water policies.
• Market Dynamics: Major players focus on innovation to sustain their position in the evolving green roof market.

Segmentation of the Green Roof Market

1. By Type:
   • Extensive
   • Intensive
2. By Distribution Channel:
   • Online
   • Offline
3. By Application:
   • Residential
   • Commercial
   • Industrial

Regional Dominance: Europe Takes the Lead

• Market Share: In 2022, Europe emerged as the largest region in the green roof market.
• Driving Factors: Europe’s proactive approach towards sustainable construction practices contributes to its dominance.

Future Outlook: Projections for 2027

• Anticipated Market Size: The global green roof market is expected to reach $3.31 billion in 2027.
• CAGR for 2023-2027: A projected growth rate of 16.4%, highlighting sustained expansion.

Get A Free Sample On The Global Green Roof Market Report:
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Read The Full Green Roof Market Report Here:
https://www.thebusinessresearchcompany.com/report/green-roof-global-market-report

The Green Roof Global Market Report 2023  provides a comprehensive outlook of the green roof market for the historic years (2010 – 2021) and ten years forecast (2023 – 2032). The green roof market forecast offers a thorough analysis on green roof market size, green roof market share, prominent players and their strategies.

The Table Of Content For The Green Roof Market Include:
1. Green Roof Market Executive Summary
2. Green Roof Market Segments
3. Green Roof Market Size And Green Roof Market Growth Rate
4. Key Green Roof Market Trends
5. Major Green Roof Market Drivers
……
25. Key Mergers And Acquisitions In The Green Roof Market
26. Top Green Roof Companies
27. Green Roof Market Opportunities And Strategies
28. Green Roof Market, Conclusions And Recommendations
29. Appendix

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