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The global green roof market attained a value of about USD 2.10 billion in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 15% to reach nearly USD 7.42 billion by 2032.
The rapid development of green infrastructure in urban regions owing to rising pollution levels is augmenting the market growth. As various governments are increasingly promoting sustainability by the utilisation of biodegradable resources to combat rapid climate change, the demand for green roofs is surging, which is invigorating the market growth. For instance, the Indian government announced in December 2020 that it is planning to develop green cities in every state.
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The development of innovative and smart green roofs with automated maintenance and monitoring systems is anticipated to aid the market growth. The growing deployment of such roofs to enable efficient storm roofs management is also projected to propel the growth of the industry. Furthermore, the increasing research and development activities (R&D) to integrate photovoltaic cells in green roofs is estimated to contribute towards the market growth significantly. The rising trend of urban agriculture to increase the accessibility to organic and fresh products is also escalating the deployment of green roofs to utilise them for cultivation, which is projected to invigorate the market growth.
A green roof, variously known as a living roof, is a roof that is covered with vegetation to enhance the environmental friendliness of roofing. It also provides insulating properties to buildings while absorbing rainwater and managing storm roofs. The deployment of green roofing in buildings boosts energy-efficiency and thermal insulation to significantly reduce building temperature.
The major outlooks of green roofs are:
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The market can be broadly categorised on the basis of its distribution channels into:
Based on application, the market is divided into:
The EMR report looks into the regional markets of green roof like North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The market for green roof is being aided by the growing awareness regarding rapid climate change, which is increasing the demand for greener and sustainable alternatives to traditional roofing. As green roofs enhance biodiversity while creating an optimal habitat for organisations, they are increasingly deployed in public buildings, hence bolstering the market growth. Moreover, the deployment of green roofs is increasing the energy-efficiency of buildings to boost sustainability.
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The insulating properties of green roofs make them ideal for lowering the temperature in enclosed spaces, thus propelling the market growth. In addition, they also contribute to lowering utility bills while reducing maintenance costs. This, in turn, is increasing its deployment in commercial buildings to enhance their durability, which is expected to drive the market growth. Furthermore, green roofs boost the aesthetic appeal of roofing, due to which they are increasingly preferred in buildings and spaces, thereby propelling the market growth.
The report presents a detailed analysis of the following key players in the global green roof market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Outlook |
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| Breakup by Distribution Channel |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the market attained a value of approximately USD 2.10 billion.
The market is projected to grow at a CAGR of 15% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 7.42 billion by 2032.
The market is being aided by the development of green infrastructure in urban areas and the growing popularity of urban agriculture.
The key trends in the market are the growing awareness regarding rapid climate change, the increasing use of green roofs to enhance biodiversity, and the rising deployment of green roofs to boost the aesthetics of buildings.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major outlooks of green roof in the market are extensive and intensive.
The significant distribution channels in the global green roof market are online and offline.
The various applications of green roof are residential, commercial, and industrial.
The major players in the market are Axter Limited, Bauder Ltd., Green Roof Blocks LLC, Optigrün international AG, Sempergreen BV, American Hydrotech, Inc., and Archigreen Roof Ltd, among others.
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Australia
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India
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+91-858-608-1494
Philippines
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+63-287-899-028, +63-967-048-3306
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+44-753-713-2163
United States (Head Office)
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+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
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