The Global Green Walls Market Size is valued at 2.19 billion in 2022 and is predicted to reach 4.17 billion by the year 2031 at a 7.58% CAGR during the forecast period for 2023-2031.
Green walls refer to walls adorned with vegetation. They are vertical structures designed to accommodate the growth of plants or flora, typically supported by a foundation that provides soil, water, and nutrients for the plant's nourishment. Rising disposable income levels and population growth have aided the development of urbanization. Additionally, greater employment prospects in urban areas encourage rural-to-urban migration, making numerous facilities more easily accessible. The booming service and manufacturing industries aid in the quick urbanization process.
Globally, urbanization is fueled by expanding populations, quick urban growth, and government programs to create urban settlements. For their houses, people favor practical, simple-to-use, sustainable choices. Moreover, there is a greater need for sustainable alternative solutions to address problems like air pollution, extreme heat, and sound pollution. The expansion of the market for green walls worldwide needs to be improved by this desire.
Competitive Landscape:
Some of the Green Walls Market Players are:
- ANS Group Global Ltd
- Biotecture Ltd
- ELT India
- Green Mood
- GreenBlue Urban Ltd
- GSky Plant System Inc
- Meamea
- Moss Trend
- Paisajismo Panot Vegetal
- TREEBOX
Market Segmentation:
The green walls market is segmented based on type, application, medium, and end user. The market is segmented as felt, panel and trellis based on type. By application, the green walls market is segmented into indoor and outdoor. The market is segmented as loose growth, mat, sheet and structural based on medium. Based on end-user, the Green Walls market is segmented as office spaces, hospitals, residential, landscaping, hotels and restaurants, public spaces, manufacturing facilities, etc.
The Panel Segment Is A Major Contributor To The Green Walls Market Based On Type
The panel category will hold a major share of the global Green Walls market in 2022. The panel system supports various design palettes and may handle plants with diverse watering needs. Panel systems are perfect for brand statements and custom designs since they use plants that have already been cultivated inside the panels in a nursery and fixed vertically onto a framing support system. They are, therefore, widely utilized in commercial settings. Panel systems' design specifications and functionality enable the installation of fully developed, diverse, and densely populated plants. Irrigation lines are easily accessible with panel systems, making removal straightforward.
The Outdoor Segment Witnessed Growth At A Rapid Rate
The outdoor segment is projected to grow rapidly in the global green walls market. Government agencies and municipal governments are actively promoting the outdoor part of the green wall business. They widely adopt green walls on flyovers, bridges, and roadside esplanades to reduce air pollution and hot temperatures. Installing vertical gardens with various plant species is the goal of numerous government projects with considerable financial investments to improve the visual appeal of outdoor spaces, lessen air and noise pollution, and produce a cooler climate. In addition to government initiatives, businesses, homes, and industrial facilities are adding green walls in their outdoor spaces to act as a barrier against inclement weather.
The North America Green Walls Market Holds A Significant Regional Revenue Share
The North America Green Walls market is expected to register the highest share. The rising expansion of the building and construction industry will be stimulated by the increased investment in infrastructure by public and private entities, which will subsequently fuel the market for regional green walls. The existence of significant market participants will further promote technology developments and increased product accessibility, which will further spur the region's growth. The regional market for green walls will benefit from the economic sector's rising emphasis on sustainability.
Additionally, Asia Pacific is projected to grow rapidly in the global Green Walls market. Green walls have gained immense popularity due to their remarkable ability to reduce air pollution, manage acoustics, provide thermal insulation, and make necessary adjustments. Their high level of sustainability further contributes to their increasing global popularity. As a result, the rapid pace of urbanization in this region will positively impact the global green walls market in this region.
Green Walls Market Report Scope:
|
Report Attribute |
Specifications |
|
Market size value in 2022 |
USD 2.19 Bn |
|
Revenue forecast in 2031 |
USD 4.17 Bn |
|
Growth rate CAGR |
CAGR of 7.58 % from 2023 to 2031 |
|
Quantitative units |
Representation of revenue in US$ Billion and CAGR from 2023 to 2031 |
|
Historic Year |
2019 to 2022 |
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Forecast Year |
2023-2031 |
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Report coverage |
The forecast of revenue, the position of the company, the competitive market statistics, growth prospects, and trends |
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Segments covered |
Type, Application, Medium, And End User |
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Regional scope |
North America; Europe; Asia Pacific; Latin America; Middle East & Africa |
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Country scope |
U.S.; Canada; U.K.; Germany; China; India; Japan; Brazil; Mexico; The UK; France; Italy; Spain; China; Japan; India; South Korea; Southeast Asia; South Korea; Southeast Asia |
|
Competitive Landscape |
ANS Group Global Ltd, Biotecture Ltd, ELT India, Green Mood, GreenBlue Urban Ltd, GSky Plant System Inc, Meamea ,Moss Trend, Paisajismo Panot Vegetal and TREEBOX |
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Customization scope |
Free customization report with the procurement of the report, Modifications to the regional and segment scope. Particular Geographic competitive landscape. |
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Pricing and available payment methods |
Explore pricing alternatives that are customized to your particular study requirements. |
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