The global aluminium curtain wall market was valued at USD 43 billion in 2023 and grew at a CAGR of 8% from 2024 to 2033. The market is expected to reach USD 92.83 billion by 2033. The rising infrastructural development will drive the growth of the global aluminium curtain wall market.
An aluminium curtain wall is used in building and construction. It a non-structural component in the industry which is used in cladding. Cladding is basically adding a layer onto something. They not being non-structural means that they are not the load bearing wall or structure. They only support their own weight. They are however strong enough to withstand environmental forces like the scorching sun, strong winds, rain or earthquakes. They are used in all types of buildings from residential to commercial which include corporates offices, schools, colleges, hospitals, theatres, malls and museums among others. The main function of these aluminium curtain walls is enhancing the look or the aesthetic appeal of the building. They have become an integral part of modern contemporary architectural designs. The nature of these walls, which is they being clear or transparent, let in as much natural light as possible. This also reduces dependence on artificial lights, which is environmentally sustainable. Furthermore, they are highly versatile as they can be put up in a wide variety of styles, designs, colours and shapes according to the tastes and preferences of the consumers. they are highly resilient, durable and easy to maintain.
Get an overview of this study by requesting a free sample
The rising infrastructural development – The rapid urbanization, increasing disposable income of the population, industrialization and rising government expenditure on infrastructure will contribute to the global aluminium curtain walls market’ growth. the rapid urbanization and increasing disposable income of the population has led to an increasing demand for houses, malls, schools, hospitals, community centres and entertainment venues among others. Aluminium curtain walls have become popular in the modern aesthetics. Both consumers and manufacturers are pushing for the use of aluminium curtain designs given the improved aesthetics it offers along with more natural light and reduced dependence on artificial light. This helps both sustainability initiatives as well as the modern needs of the millennial and gen Z generations who are focused on aesthetics. Aluminium curtain walls make the space feel more open, natural, bright, and fresh. It is highly versatile, flexible and customizable. Therefore, the rising infrastructural development will contribute to the market’s growth.
The high costs of aluminium curtain wall – aluminium curtain walls are expensive as they use high-quality sophisticated materials which offer advanced properties making them ideal for use in any construction setting. These materials need to be infused with other materials to make them durable and resistant to withstand strong environmental forces of temperature, wind, rain, and tectonic movements on high rise buildings. Furthermore, it is a precision science that leads to the manufacturing as well as installation of these walls on such high buildings. The design, cutting, installation, transportation and logistics over the manufacturing and assembly of these pieces adds to the costs. the requirement of skilled labour also contributes to the rising costs. therefore, the high costs of aluminium curtain walls make them inaccessible to consumers with low capital outlay and therefore hamper the market’s growth.
Technological advancements – with the increasing demand for aluminium curtain walls in modern architecture, there has been a growing need to improve them to expand their applications and improve their performance. Technological advancements have to innovations in raw materials, manufacturing processes, installations systems and maintenance requirements. For instance, improved materials have led to enhanced performance of aluminium with better strength, durability, resilience, efficiency and longevity. Smart glasses which enhance or control lighting that enters the room by understanding the outdoor and indoor dynamics have also augmented the market’s growth. installation has been made relatively easy and seamless with reduced risk for accidents through robots and automated installation. Similar innovations facilitated by technological advancements will contribute to the growth and development of the global aluminium curtain wall market.
The regions analyzed for the market include North America, Europe, South America, Asia Pacific, the Middle East, and Africa. Asia Pacific emerged as the most significant global aluminium curtain wall market, with a 40% market revenue share in 2023.
Rapid urbanization and rising disposable income of the population given the robust developing nations of the region will drive infrastructural development which will spur the demand for aluminium curtain walls. Commercialization and industrialization will also augment infrastructural development. the increasing government expenditure on infrastructure will propel the building and construction sector and therefore bode well for the market’s growth. the young population or demographic of the region is driving the demand for curtain walls as it is more modern or contemporary along with being sustainable as it drives reduced energy consumption. The region strives in technological innovations and contributes to the betterment of aluminium curtain walls.
Asia Pacific Region Aluminium Curtain Wall Market Share in 2023 - 40%
www.thebrainyinsights.com
Check the geographical analysis of this market by requesting a free sample
The type segment is divided into stick-built, semi-unitized and unitized. The unitized segment dominated the market, with a market share of around 41% in 2023. Unitized aluminium curtain walls are manufactured in controlled environments which improves precision, quality and efficient of the production process which enhances the output. The oof-stie preparation is controlled, flexible, consistent and reliable. Additionally, the of-site preparation leads to faster installation process which is highly sought after to cut downtime to save money. Furthermore, unitize aluminium curtain walls are flexible, versatile and customizable. They are highly flexible in terms of integration with other building structures or components.
The application segment is divided into commercial and residential. The commercial segment dominated the market, with a market share of around 56% in 2023. Commercial end users are businesses which require their institutions to look aesthetically pleasing. They also need to reduce energy consumption which is taken care by aluminium curtain walls that allow significant amount of natural light in. modern commercial places are distinctively attached to high rise glass buildings. Aluminium curtain walls help them achieve this. They also allow extensive flexibility enabling designing as per the needs, tastes and preferences of the consumers. they also prefer aluminium curtain walls as they make the space more inviting and welcoming, which is necessary for any commercial building. They are durable, resilient, reliable and versatile. They can be integrated into the buildings other infrastructure. commercial places utilize significant amount of energy and therefore draw up large bills which can be reduced with aluminium curtain walls. Aluminium curtain walls are expensive but they are affordable for commercial end users with access to greater capital than residential users.
Report Description:
Attribute | Description |
---|---|
Market Size | Revenue (USD Billion) |
Market size value in 2023 | USD 43 Billion |
Market size value in 2033 | USD 92.83 Billion |
CAGR (2024 to 2033) | 8% |
Historical data | 2020-2022 |
Base Year | 2023 |
Forecast | 2024-2033 |
Region | The regions analyzed for the market are Asia Pacific, Europe, South America, North America, and Middle East and Africa. Furthermore, the regions are further analyzed at the country level. |
Segments | Type and Application |
As per The Brainy Insights, the size of the global aluminium curtain wall market was valued at USD 43 billion in 2023 to USD 92.83 billion by 2033.
Global aluminium curtain wall market is growing at a CAGR of 8% during the forecast period 2024-2033.
The market's growth will be influenced by the rising infrastructural development.
The high costs of aluminium curtain wall could hamper the market growth.
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. The Brainy Insights has segmented the global aluminium curtain wall market based on below mentioned segments:
Global Aluminium Curtain Wall Market by Type:
Global Aluminium Curtain Wall Market by Application:
Global Aluminium Curtain Wall Market by Region:
Research has its special purpose to undertake marketing efficiently. In this competitive scenario, businesses need information across all industry verticals; the information about customer wants, market demand, competition, industry trends, distribution channels etc. This information needs to be updated regularly because businesses operate in a dynamic environment. Our organization, The Brainy Insights incorporates scientific and systematic research procedures in order to get proper market insights and industry analysis for overall business success. The analysis consists of studying the market from a miniscule level wherein we implement statistical tools which helps us in examining the data with accuracy and precision.
Our research reports feature both; quantitative and qualitative aspects for any market. Qualitative information for any market research process are fundamental because they reveal the customer needs and wants, usage and consumption for any product/service related to a specific industry. This in turn aids the marketers/investors in knowing certain perceptions of the customers. Qualitative research can enlighten about the different product concepts and designs along with unique service offering that in turn, helps define marketing problems and generate opportunities. On the other hand, quantitative research engages with the data collection process through interviews, e-mail interactions, surveys and pilot studies. Quantitative aspects for the market research are useful to validate the hypotheses generated during qualitative research method, explore empirical patterns in the data with the help of statistical tools, and finally make the market estimations.
The Brainy Insights offers comprehensive research and analysis, based on a wide assortment of factual insights gained through interviews with CXOs and global experts and secondary data from reliable sources. Our analysts and industry specialist assume vital roles in building up statistical tools and analysis models, which are used to analyse the data and arrive at accurate insights with exceedingly informative research discoveries. The data provided by our organization have proven precious to a diverse range of companies, facilitating them to address issues such as determining which products/services are the most appealing, whether or not customers use the product in the manner anticipated, the purchasing intentions of the market and many others.
Our research methodology encompasses an idyllic combination of primary and secondary initiatives. Key phases involved in this process are listed below:
The phase involves the gathering and collecting of market data and its related information with the help of different sources & research procedures.
The data procurement stage involves in data gathering and collecting through various data sources.
This stage involves in extensive research. These data sources includes:
Purchased Database: Purchased databases play a crucial role in estimating the market sizes irrespective of the domain. Our purchased database includes:
Primary Research: The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. Primary research mainly involves in telephonic interviews, E-mail interactions and face-to-face interviews with the raw material providers, manufacturers/producers, distributors, & independent consultants. The interviews that we conduct provides valuable data on market size and industry growth trends prevailing in the market. Our organization also conducts surveys with the various industry experts in order to gain overall insights of the industry/market. For instance, in healthcare industry we conduct surveys with the pharmacists, doctors, surgeons and nurses in order to gain insights and key information of a medical product/device/equipment which the customers are going to usage. Surveys are conducted in the form of questionnaire designed by our own analyst team. Surveys plays an important role in primary research because surveys helps us to identify the key target audiences of the market. Additionally, surveys helps to identify the key target audience engaged with the market. Our survey team conducts the survey by targeting the key audience, thus gaining insights from them. Based on the perspectives of the customers, this information is utilized to formulate market strategies. Moreover, market surveys helps us to understand the current competitive situation of the industry. To be precise, our survey process typically involve with the 360 analysis of the market. This analytical process begins by identifying the prospective customers for a product or service related to the market/industry to obtain data on how a product/service could fit into customers’ lives.
Secondary Research: The secondary data sources includes information published by the on-profit organizations such as World bank, WHO, company fillings, investor presentations, annual reports, national government documents, statistical databases, blogs, articles, white papers and others. From the annual report, we analyse a company’s revenue to understand the key segment and market share of that organization in a particular region. We analyse the company websites and adopt the product mapping technique which is important for deriving the segment revenue. In the product mapping method, we select and categorize the products offered by the companies catering to domain specific market, deduce the product revenue for each of the companies so as to get overall estimation of the market size. We also source data and analyses trends based on information received from supply side and demand side intermediaries in the value chain. The supply side denotes the data gathered from supplier, distributor, wholesaler and the demand side illustrates the data gathered from the end customers for respective market domain.
The supply side for a domain specific market is analysed by:
The demand side for the market is estimated through:
In-house Library: Apart from these third-party sources, we have our in-house library of qualitative and quantitative information. Our in-house database includes market data for various industry and domains. These data are updated on regular basis as per the changing market scenario. Our library includes, historic databases, internal audit reports and archives.
Sometimes there are instances where there is no metadata or raw data available for any domain specific market. For those cases, we use our expertise to forecast and estimate the market size in order to generate comprehensive data sets. Our analyst team adopt a robust research technique in order to produce the estimates:
Data Synthesis: This stage involves the analysis & mapping of all the information obtained from the previous step. It also involves in scrutinizing the data for any discrepancy observed while data gathering related to the market. The data is collected with consideration to the heterogeneity of sources. Robust scientific techniques are in place for synthesizing disparate data sets and provide the essential contextual information that can orient market strategies. The Brainy Insights has extensive experience in data synthesis where the data passes through various stages:
Market Deduction & Formulation: The final stage comprises of assigning data points at appropriate market spaces so as to deduce feasible conclusions. Analyst perspective & subject matter expert based holistic form of market sizing coupled with industry analysis also plays a crucial role in this stage.
This stage involves in finalization of the market size and numbers that we have collected from data integration step. With data interpolation, it is made sure that there is no gap in the market data. Successful trend analysis is done by our analysts using extrapolation techniques, which provide the best possible forecasts for the market.
Data Validation & Market Feedback: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helps us finalize data-points to be used for final calculations.
The Brainy Insights interacts with leading companies and experts of the concerned domain to develop the analyst team’s market understanding and expertise. It improves and substantiates every single data presented in the market reports. The data validation interview and discussion panels are typically composed of the most experienced industry members. The participants include, however, are not limited to:
Moreover, we always validate our data and findings through primary respondents from all the major regions we are working on.
Free Customization
Fortune 500 Clients
Free Yearly Update On Purchase Of Multi/Corporate License
Companies Served Till Date