Green Roof Global Market Report 2024

Description

Green Roof Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on green roof market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for green roof? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The green roof market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Extensive; Intensive
2) By Distribution Channel: Online; Offline
3) By Application: Residential; Commercial; Industrial
Companies Mentioned: Sika AG; ArchiGreen Roof Ltd.; Axter Ltd.; Barrett Company LLC; Columbia Green Technologies
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Green roofs consist of vegetation atop a waterproofing layer, providing shade, absorbing atmospheric heat, and reducing air and roof surface temperatures.

Two primary types of green roofs are extensive and intensive. Extensive green roofs serve as eco-friendly substitutes for conventional surface protections, featuring a shallow layer (around 20 mm) of substrate or soil. These roofs are distributed through both online and offline channels, finding application across residential, commercial, and industrial settings.

The green roofs market research report is one of a series of new reports from The Business Research Company that provides green roofs market statistics, including green roofs industry global market size, regional shares, competitors with a green roofs market share, detailed green roofs market segments, market trends and opportunities, and any further data you may need to thrive in the green roofs industry. This green roof market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The green roof market size has grown rapidly in recent years. It will grow from $1.8 billion in 2023 to $2.11 billion in 2024 at a compound annual growth rate (CAGR) of 17.4%. Historical growth can be attributed to increased environmental awareness, supportive regulatory frameworks, trends in urbanization, the establishment of building codes and standards, and heightened concerns regarding energy efficiency.

The green roof market size is expected to see rapid growth in the next few years. It will grow to $3.9 billion in 2028 at a compound annual growth rate (CAGR) of 16.5%. The anticipated growth in the forecast period stems from efforts towards climate change mitigation, the implementation of urban planning policies, the rise in energy costs, the influence of health and wellness trends, and the alignment with global sustainability goals. Major trends expected during this period encompass technological advancements that aid sustainability initiatives focused on biodiversity and habitat creation, emphasis on energy efficiency and improved insulation, increased collaboration within the industry, and the implementation of government incentives and regulations to promote sustainability measures.

The surge in industrial, commercial, and residential building construction is anticipated to drive the green roof market's growth trajectory. These construction activities encompass the design, development, and creation of various structures utilizing construction materials. Increased building construction can elevate heat generation and air pollution, issues that can be mitigated by installing green roofs. Notably, in June 2021, Canada's national statistical agency reported a significant surge in building construction investment, rising from $14,294 million in April 2019 to $19,273 million in 2020. Similarly, the 2022 U.S. Construction Cost Trends report highlights a surge in residential construction, further fueling demand for materials and labor, leading to heightened competition and cost pressures. Total construction spending in the U.S. has surged by 16% since the onset of the pandemic, indicating a strong impetus for the green roof market due to escalating infrastructure demands.

The escalating demand for green buildings is set to propel the growth of the green roof market. Green building practices involve ecologically responsible and resource-efficient procedures, encompassing the entire lifecycle of structures. Green roofs play a pivotal role in creating green buildings, thus experiencing increased demand. An April 2022 report by CBRE India showcased a 37% increase in green-certified buildings, adding 78 million square feet of certified stock over five years. This uptick underscores the burgeoning preference for green buildings, consequently amplifying the demand for green roofs in the market.

The emergence of innovative and intelligent green roof solutions represents a burgeoning trend within the market. Key market players are channeling efforts into developing pioneering green roof systems to fortify their market positioning. An exemplar is the Detention Roof launched by Knauf Insulation and Sempergreen BV in July 2020. Rigorously tested, this innovative green roof concept stores excess rainfall during heavy downpours, thereby delaying water outflow and complying with stringent water policies.

Strategic acquisitions are becoming a focal point for companies in the green roof market, enhancing financial strength, augmenting product portfolios, and expanding geographical presence. A case in point is Novotegra GmbH's acquisition of PV Integ in April 2021. Novotegra, a Germany-based subsidiary of BayWa r.e., acquired PV Integ, a Switzerland-based company specializing in mounting systems for green and gravel-topped roofs. The acquisition bolstered Novotegra's European market presence, offering customers an expanded range of products, including mounting systems predominantly made from recycled plastic, aligning with Novotegra's commitment to sustainability.

In September 2022, SOPREMA USA, a leading US-based manufacturer specializing in commercial roofing, waterproofing, and civil engineering solutions, completed the acquisition of Furbish for an undisclosed sum. This strategic move is integral to SOPREMA's overarching strategy aimed at broadening its footprint within the sustainable solutions market. The acquisition of Furbish, a reputable US-based sustainable development company, marks a significant step in SOPREMA's initiative to bolster its SOPRANATURE portfolio, particularly in the domain of green roof solutions. Furbish excels in deploying and maintaining green roofs, living walls, stormwater management systems, and other innovative green technologies that enhance the performance of buildings.

Major companies operating in the green roof market report are Sika AG, ArchiGreen Roof Ltd., Axter Ltd., Barrett Company LLC, Columbia Green Technologies, Bauder Flat Roofs Limited, Optigreen International AG, Green Roof Blocks LLC, Sempergreen BV, XeroFlor North America LLC, ZinCo GmbH, Soprema SAS, Onduline Group, Geo Green Power Limited, Q-BOT Ltd., Open Utility Ltd., Sunvigo GmbH, Dow Chemicals International Private Limited, Plant-e BV, ICAX Ltd., Burgerwerke eG, Alchemy Geopolymer Solutions, Optigrun International, Green Roof Outfitters, Tremco Inc., Bioroof Systems Inc., Vitaroofs, Tajima Industries Ltd., Liveroof LLC, Roofing Superstore Inc., Eco Green Roofs Ltd., Christian Mahlstedt BA.

Europe was the largest region in the green roof market share in 2023. The regions covered in the green roof market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the green roof market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The green roof market consists of sales of semi-intensive green roofs and waterproof roofs. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12745

1. Executive Summary

2. Green Roof Market Characteristics

3. Green Roof Market Trends And Strategies

4. Green Roof Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Green Roof Market Size and Growth

5.1. Global Green Roof Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Green Roof Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Green Roof Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Green Roof Market Segmentation

6.1. Global Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Extensive
Intensive
6.2. Global Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Online
Offline
6.3. Global Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Residential
Commercial
Industrial

7. Green Roof Market Regional And Country Analysis

7.1. Global Green Roof Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Green Roof Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Green Roof Market

8.1. Asia-Pacific Green Roof Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Green Roof Market

9.1. China Green Roof Market Overview
9.2. China Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Green Roof Market

10.1. India Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Green Roof Market

11.1. Japan Green Roof Market Overview
11.2. Japan Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Green Roof Market

12.1. Australia Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Green Roof Market

13.1. Indonesia Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Green Roof Market

14.1. South Korea Green Roof Market Overview
14.2. South Korea Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Green Roof Market

15.1. Western Europe Green Roof Market Overview
15.2. Western Europe Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Green Roof Market

16.1. UK Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Green Roof Market

17.1. Germany Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Green Roof Market

18.1. France Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Green Roof Market

19.1. Italy Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Green Roof Market

20.1. Spain Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Green Roof Market

21.1. Eastern Europe Green Roof Market Overview
21.2. Eastern Europe Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Green Roof Market

22.1. Russia Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Green Roof Market

23.1. North America Green Roof Market Overview
23.2. North America Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Green Roof Market

24.1. USA Green Roof Market Overview
24.2. USA Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Green Roof Market

25.1. Canada Green Roof Market Overview
25.2. Canada Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Green Roof Market

26.1. South America Green Roof Market Overview
26.2. South America Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Green Roof Market

27.1. Brazil Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Green Roof Market

28.1. Middle East Green Roof Market Overview
28.2. Middle East Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Green Roof Market

29.1. Africa Green Roof Market Overview
29.2. Africa Green Roof Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Green Roof Market, Segmentation By Distribution Channel, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Green Roof Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Green Roof Market Competitive Landscape And Company Profiles

30.1. Green Roof Market Competitive Landscape
30.2. Green Roof Market Company Profiles
- 30.2.1. Sika AG
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. ArchiGreen Roof Ltd.
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Axter Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Barrett Company LLC
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Columbia Green Technologies
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Green Roof Market Competitive Benchmarking

32. Global Green Roof Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Green Roof Market

34. Green Roof Market Future Outlook and Potential Analysis

34.1 Green Roof Market In 2028 - Countries Offering Most New Opportunities
34.2 Green Roof Market In 2028 - Segments Offering Most New Opportunities
34.3 Green Roof Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer