Press Release

Saudi Arabia Facade Market is expected to register a 6.10% CAGR through 2029

Rise in construction projects, increased awareness regarding use of safe and sustainable facades are the factors expected to drive market growth during the forecast period.


According to TechSci Research report, Saudi Arabia Facade Market - By Region, Competition Forecast & Opportunities, 2019-2029F,  Saudi Arabia Facade Market was valued at USD 10.07 Billion in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 6.10% through 2029.  Saudi Arabia is experiencing a significant surge in urbanization, driven by a combination of population growth and ambitious government initiatives. The kingdom's Vision 2030 program, aimed at diversifying the economy and reducing reliance on oil revenue, has catalyzed substantial investments in infrastructure and urban development projects. Major cities like Riyadh, Jeddah, and the futuristic Neom city are undergoing extensive development, resulting in a heightened demand for modern and high-performance facade systems. These urban expansion projects require innovative facade solutions that enhance the visual appeal and functionality of buildings. The demand for aesthetically pleasing, durable, and energy-efficient facades is escalating as new commercial complexes, residential towers, and mixed-use developments emerge across the region. Additionally, infrastructure projects such as airports, cultural centers, and educational institutions further drive the need for advanced facade technologies that can withstand the harsh desert climate while providing superior thermal insulation and weather resistance. As urbanization continues to reshape the landscape of Saudi Arabia, the facade market is poised for substantial growth, supported by the government's commitment to creating sustainable and world-class urban environments.

The Saudi government has implemented stringent building regulations and sustainability initiatives aimed at enhancing energy efficiency and environmental performance in the construction sector. The Saudi Green Building Code, introduced to promote sustainable building practices, mandates specific requirements for energy conservation, water efficiency, and indoor environmental quality. Facades play a crucial role in meeting these regulatory standards, driving the demand for high-performance facade systems that contribute to overall building sustainability. Moreover, Saudi Arabia's commitment to international climate agreements and its national goals for reducing carbon emissions emphasize the importance of adopting eco-friendly construction practices. This has led to increased investments in facade technologies that incorporate renewable energy solutions, such as photovoltaic panels and smart glazing systems. These innovations help in reducing energy consumption, lowering greenhouse gas emissions, and enhancing the overall environmental footprint of buildings. In addition to regulatory compliance, there is growing awareness among developers and building owners about the long-term economic benefits of sustainable facades, including reduced operational costs and improved building performance. As a result, the facade market in Saudi Arabia is increasingly focused on delivering solutions that align with the kingdom's sustainability objectives, fostering a market environment that prioritizes energy efficiency and environmental responsibility. 


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.Based on building type, The Commercial held the largest market share in 2023. Saudi Arabia is undergoing rapid economic diversification and urbanization, fueled by initiatives such as Vision 2030. This ambitious national transformation plan aims to reduce the kingdom's dependence on oil revenues, stimulate private sector growth, and enhance the quality of life for citizens. As a result, there has been a significant surge in commercial construction projects, particularly in major cities like Riyadh, Jeddah, and Dammam. These cities are witnessing the development of modern business districts, corporate headquarters, shopping malls, and mixed-use complexes that require advanced facade solutions.

Commercial buildings, including high-rise offices and retail centers, often prioritize aesthetics and functionality in facade design. Non-ventilated facades, such as curtain wall systems, are favored for their ability to create striking architectural statements with sleek, uninterrupted glass surfaces and metallic cladding. These facades offer developers and architects a wide range of design possibilities in terms of color, texture, and customization, allowing them to achieve distinctive urban landmarks that reflect corporate branding and modern architectural trends.

Commercial buildings in Saudi Arabia place a strong emphasis on energy efficiency and sustainability. Modern facade systems incorporate high-performance glazing, insulated panels, and advanced shading devices to optimize natural daylighting, reduce solar heat gain, and enhance thermal insulation. These features not only contribute to energy savings and operational efficiency but also align with the kingdom's environmental goals outlined in the Saudi Green Building Code and Vision 2030 objectives for sustainable development.

The demand for commercial facades is driven by the growing consumer market and increasing urban population, which fuels the expansion of retail spaces, hospitality venues, and entertainment facilities. Facade designs that integrate retail signage, digital displays, and interactive elements cater to the dynamic needs of commercial tenants and enhance the overall customer experience.

The dominance of commercial buildings in the facade market is supported by a robust construction sector and the availability of skilled professionals, including architects, engineers, and facade specialists. Local and international companies are investing in innovative facade technologies and construction methods to meet the high standards of quality, safety, and performance demanded by commercial clients.


Key market players in the Saudi Arabia Facade Market: -

  • Compagnie de Saint-Gobain
  • Permasteelisa S.p.A.
  • Alcoa Corporation
  • Arconic Corporation.
  • YKK AP
  • Gartner
  • HansenGroup
  • Enclos Corp.
  • Josef Gartner GmbH
  • Apogee Enterprises, Inc.   

 

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"The Saudi Arabia facade market presents significant opportunities driven by the kingdom's rapid urbanization, economic diversification, and ambitious infrastructure projects under Vision 2030. The growing emphasis on sustainable building practices and stringent energy efficiency regulations further enhance demand for advanced facade solutions. Opportunities abound for innovative materials and technologies that offer superior thermal performance, weather resistance, and aesthetic appeal. Additionally, retrofitting and renovation projects in existing buildings create a lucrative market segment for facade upgrades. Companies that can deliver cutting-edge, environmentally-friendly facade systems are well-positioned to capitalize on the robust growth prospects in this dynamic market.," said Mr. Karan Chechi, Research Director of TechSci Research, a research-based global management consulting firm.

Saudi Arabia Facade Market By Product (Ventilated and Non-Ventilated), By Type of Facade (Steel, Panel Frame, Curtain Wall, Clay, Aluminum Composite, Precast Concrete), By Building Type (Industrial, Residential, Commercial), By Region, Competition Forecast & Opportunities, 2019-2029F has evaluated the future growth potential of Saudi Arabia Facade Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the Saudi Arabia Facade Market.



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Saudi Arabia Facade Market By Product (Ventilated and Non-Ventilated), By Type of Facade (Steel, Panel Frame, Curtain Wall, Clay, Aluminum Composite, Precast Concrete), By Building Type (Industrial, Residential, Commercial), By Region, Competition Forecast & Opportunities, 2019-2029F

Infrastructure | Jun, 2024

The surge in construction projects and heightened awareness of the benefits of safe and sustainable facades are key factors anticipated to propel market growth during the forecast period.

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