USD 1.08 billion
Report ID:
SQMIG25S2044 |
Region:
Global |
Published Date: April, 2024
Pages:
223
|Tables:
89
|Figures:
76
Global Vertical Garden Construction Market size was valued at USD 1.08 billion in 2022 and is poised to grow from USD 1.17 billion in 2023 to USD 2.27 billion by 2031, growing at a CAGR of 8.6% in the forecast period (2024-2031).
In recent years, the global market for vertical garden construction has taken off owing to urbanization, popularity of sustainable architecture and rising consciousness about environmental benefits. Now, cities are planning for the inclusion of these living walls in their urban settings as vertical gardens have gained international popularity. Interestingly, demand for vertical gardens is growing by leaps and bounds in all market segments of the construction industry whether commercial, residential or institutional.
Other factors pushing the market along are space efficiency, improved building insulation and incorporating greenery into urban areas. This market is also supported by the trend towards employing cutting-edge technologies and materials to build vertical gardens, which stem from broader concerns with environmental sustainability.
Global Market Size
USD 1.08 billion
Largest Segment
Modular Green Wall Systems
Fastest Growth
Modular Green Wall Systems
Growth Rate
8.6% CAGR
To get more reports on the above market click here to Buy The Report
Global Vertical Garden Construction Market is segmented by type, garden type, application, and region. Based on type, the market can be segmented into indoor vertical garden wall, and outdoor vertical garden wall. Based on garden type, the market is segmented into green wall vertical garden, green facades vertical garden, freestanding vertical garden, and others. Based on application, the market is segmented into residential, and commercial. Based on region, the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Vertical Garden Construction Market Analysis by Type
Aesthetics, sustainability and employee well-being are central to the commercial use of vertical gardens. Adding green walls to office buildings and retail venues not only adds a touch of the natural world, it improves air quality and reflects well on corporate values.
With people gradually understanding the value of vertical living gardens, demand is growing in housing developments. Homeowners want aesthetically pleasing and environmentally responsible solutions. This has been another factor in the popularity of vertical gardens on new home construction projects.
Vertical Garden Construction Market Analysis by Construction Material
Fortunately, modular green wall systems can easily be scaled up or down in size. likewise with architectural style. Easy installation and maintenance adds to their popularity, both in commercial as well as residential projects.
Innovative and diverse Living wall systems are composed of a wide range of plants and growing mediums. They appeal to people on both an aesthetic as well as biophilic level, so they are increasingly adopted by building owners today. Increasing environmental consciousness and appreciation of the air purifying effects created by various plant ecologies nourishes demand for living wall systems.
To get detailed analysis on other segments, Request For Free Sample Report
North America with the United States in lead has emerged dominant in this market because there is relatively mature awareness of sustainable construction practices. A focus on these green building initiatives is a winning combination with the beauty of vertical gardens in commercial and residential settings.
We expect the greatest growth in Asia-Pacific, due to rapid urbanization and population density as well as a new environmental consciousness. Many countries in Asia-Pacific, including China and India are sowing the seeds of green cities by investing in sustainable construction and architecture. And this stimulates demand for vertical gardens both at workplaces as well as the home environment.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Vertical Garden Construction Market Drivers
Increasing Emphasis on Eco-friendly Construction Practices
Vertical Garden Construction Market Restraints
High Initial Implementation Cost Associated with Designing
Request Free Customization of this report to help us to meet your business objectives.
It's a very competitive market and there are a lot of players, with each key player trying to outdo the others. There is dynamic interplay between them in this growing area of activity--the so-called vertical garden construction business. Coupled with modular green wall systems and living wall installations, numerous companies are actively promoting a variety of different solutions for the differing needs of various market segments. Yet innovation is the crucial factor in competition. Nearly all companies are innovating to pioneer new technologies, materials and design methods so as to get a leg up on their competitors.
Top Player’s Company Profiles of Vertical Garden Construction Market
Recent Developments of Vertical Garden Construction Market
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
Analyzing the global vertical garden construction business market report, one finds a highly competitive sphere with several notable strengths and challenges. Nurtured by the trending market need for sustainable and interesting ways to use space in urban areas, two main drivers are growing awareness of environmental benefits and biophilic design. Such high initial costs, maintenance difficulties and structural considerations are restraints to widespread adoption.
Modular systems rule the roost Flexibility is often a prominent feature of green wall designs. The Asia-Pacific region is growing rapidly in response to urbanization, while North America has taken the lead with sustainability programs. The main currents are in the use of smart technologies, a trend towards recycling materials and an explosion of do-it-yourself vertical garden kits.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.08 billion |
Market size value in 2031 | USD 2.27 billion |
Growth Rate | 8.6% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Vertical Garden Construction Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Vertical Garden Construction Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Vertical Garden Construction Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Vertical Garden Construction Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25S2044
sales@skyquestt.com
USA +1 351-333-4748