Saudi Arabia Facade Market Analysis
The Saudi Arabian facade market will generate an estimated revenue of USD 7,345.2 million in 2024, which is expected to witness a CAGR of 5.6% during 2024–2030, to reach USD 10,182.6 million by 2030. This can be ascribed to the increasing number of construction projects in the country.
Moreover, technological advancements are enabling the development of energy-saving facade materials. These advancements include products that absorb solar energy and are utilized in various residential and commercial spaces as a substitute source for the generation of electricity.
Additionally, the market is growing due to the increasing spending power of the people of Saudi Arabia, together with the need to offer an inviting work environment to employees. Additionally, the usage of metal composites provides a harmonious, durable, and modern look to the building.