Green-Roofs Market to grow by USD 8.88 bn from 2021 to 2025|North America to emerge as key region

Drivers and challenges

Technavio has identified the key drivers and challenges affecting the market for green roofs. According to our research, the reduction of global warming through green roofs is driving the market. However, factors such as higher initial costs and long payback periods may limit market growth during the forecast period.

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COVID-19 impact

The COVID-19 pandemic has brought the world to a standstill and has impacted many markets and industries in various ways. Technavio’s report market provides in-depth analysis of the impact of the pandemic on the Green Roofs market. The business impact of COVID-19 on the green roof market in 2021-2025 is expected to lead to negative and inferior growth.

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Market share

The green roof market is segmented by geography into: Europe, North America, APAC, South America, and MEE. North America will lead the market over the forecast period, with the US and Canada are the major revenue-generating economies.

On a product basis, the green roof market is segmented into extensive and intensive. The extensive segment will see the largest growth over the forecast period, as the initial costs and maintenance costs for extensive green roofs are relatively lower than those for intensive green roofs.

Some of the main suppliers and their offerings:

Technavio has identified key suppliers operating in the market. These include Axter Ltd., Bauder Ltd., Bender GmbH & Co. KG, Optigreen international AG, RENOLIT SE, Sempergreen BV, Sika AG, Sky Garden Ltd., Vegetal iD Inc. and ZinCo GmbH. The main offerings from some of these suppliers are listed below:

  • Axter Ltd.: The company offers green roofs such as modular residential roofs, extensive residential roofs, intensive residential roofs and biodiverse residential roofs.
  • Bauder Ltd.: The company offers green roofs such as intensive green roofs and roof gardens, extensive and non-accessible green roofs, biosolar roofs, blue roofs, and others.
  • Bender GmbH & Co. KG: The company offers root protection, drainage and water storage mats, filter mats, root zone substrate layers and vegetation under the green roof system.

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Scope of the Green Roof Market Report:

Reporting coverage

Details

Base year

2020

Forecast Period

2021-2025

Incremental Growth

$8.88 billion

CAGR

14.09%

Number of pages

120

Segmentation

By Geography:-

  • Europe
  • North America
  • APAC
  • South America
  • MINE

Per product:-

drivers

  • Reducing global warming through green roofs
  • Better management of stormwater runoff
  • Supporting Policies

Challenges

  • Higher initial costs and long payback periods
  • Competition from alternative products
  • Problems due to incorrect installation

About us
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