Curtain Wall Market Size - By Fabrication (Stick System, Unitized System), By Construction Type (Refurbishment, New Construction), By Application (Commercial, Residential), Regional Outlook & Global Forecast, 2024 – 2032

Curtain Wall Market Size

Curtain Wall Market was valued at USD 47 billion in 2023 and is anticipated to register a CAGR of over 7.6% between 2024 & 2032. The integration of advanced technologies such as Building Information Modeling (BIM), parametric design, and digital fabrication has been transforming the curtain wall industry. These technologies allow for more precise design, faster production, and better collaboration among stakeholders. The integration of curtain walls with smart building systems has been gaining traction.
 

In addition, customers are increasingly demanding customized and visually appealing curtain wall solutions that enhance the aesthetics of buildings. This trend has led to the adoption of innovative designs, materials, and finishes to create unique façades. With growing concerns about safety and security, there has been a focus on developing curtain wall systems that offer enhanced protection against natural disasters, extreme weather events, and security threats. Rapid urbanization and infrastructure development in emerging markets have been driving the demand for curtain walls. Countries in Asia-Pacific, Latin America, and the Middle East are witnessing significant growth in construction activities, contributing to the market expansion.
 

Curtain wall systems often require customization to fit the unique architectural requirements of each building project. This customization process can be complex and time-consuming, leading to potential delays and increased costs. The need for specialized expertise in design and installation can present challenges for some contractors and developers. Additionally, while curtain wall systems offer benefits such as energy efficiency and aesthetic appeal, they also require ongoing maintenance to ensure optimal performance and longevity. The maintenance and repair costs associated with curtain walls can be substantial over the lifecycle of a building, especially if issues such as sealant failure, glass breakage, or water infiltration occur, which may affect market growth.
 

Curtain Wall Market Trends

Urbanization trends worldwide have led to increased construction activities, particularly in urban areas where tall buildings are prevalent. Curtain walls are popular choices for high-rise buildings due to their aesthetic appeal, energy efficiency, and structural integrity, driving their demand in the market. With growing awareness of environmental issues and energy conservation, there is a rising demand for energy-efficient building solutions. Curtain walls with advanced thermal insulation properties help reduce heating and cooling costs by minimizing heat transfer, thus contributing to sustainability goals.
 

Additionally, in mature markets where existing buildings require renovation or retrofitting, curtain walls offer an attractive solution for upgrading facades to enhance aesthetics, energy performance, and functionality without the need for major structural changes. Government initiatives and infrastructure projects, such as commercial complexes, airports, educational institutions, and healthcare facilities, stimulate demand for curtain wall systems as part of large-scale construction developments.
 

Curtain Wall Market Analysis

Based on fabrication, the unitized system segment was worth more than USD 30 billion in 2023. Unitized systems are pre-assembled in a factory-controlled environment, allowing for quicker installation on-site compared to stick-built systems, which are assembled piece by piece on-site. This can lead to shorter construction schedules and reduced labor costs. Manufacturing unitized curtain wall panels in a controlled factory environment allows for better quality control compared to stick-built systems, which are subject to weather conditions and on-site variables. This results in a higher quality finished product with fewer defects. Since unitized curtain wall panels are assembled off-site, there is less disruption to the surrounding area during installation compared to stick-built systems, which require more on-site assembly and coordination.
 

Based on construction type, the new construction segment accounted for about 71% share of the curtain wall market in 2023. New construction techniques and materials offer improved insulation properties, allowing buildings to better retain heat in colder climates and keep interiors cooler in warmer climates. This can lead to reduced energy consumption for heating and cooling, resulting in lower utility bills and decreased environmental impact. Innovations in materials science have led to the development of lightweight yet durable materials for curtain walls. These materials may offer better resistance to weathering, UV radiation, and corrosion, resulting in longer lasting and more resilient building exteriors.

Based on application, the commercial segment dominated about 86% share of the curtain wall market in 2023. Curtain walls can be tailored to fit specific architectural designs and project requirements. Businesses can offer customization options to clients, allowing them to create unique and visually appealing facades for their buildings. This flexibility can give a competitive edge in attracting clients who seek distinctive designs. With increasing focus on sustainable building practices, energy-efficient curtain walls are in demand. Offering high-performance curtain wall systems that improve thermal insulation and reduce energy consumption can attract environmentally conscious clients and projects aiming for green building certifications.
 

Asia Pacific curtain wall market size surpass USD 15 billion in 2023, due to the increased construction activities in countries like China, India, Japan, South Korea, and Southeast Asian nations. This growth has fueled demand for commercial, residential, and industrial buildings, which in turn drives the demand for curtain walls. Asia Pacific is witnessing significant urbanization, with millions of people migrating from rural areas to cities in search of better opportunities. This trend has spurred the construction of high-rise buildings and skyscrapers in urban centers, where curtain walls are commonly used for their aesthetic appeal, energy efficiency, and structural benefits.
 

Curtain Wall Market Share

In 2023, dominant market players, including AGC Inc., Central Glass Co.LTD, Guardian Industries Corp., Nippon Sheet Glass Co., Ltd, Saint-Gobain group collectively held a substantial 10-15% market share. The market is highly fragmented. These industry leaders are actively engaged in strategic initiatives such as mergers & acquisitions, facility expansions, and partnerships to broaden their product portfolios, reach a wider customer base, and strengthen their market presence. These companies continuously invest in research & development to improve their products and incorporate new technologies, allowing them to stay ahead of the competition.
 

Curtain Wall Market Companies

Major players operating in the curtain wall industry include:

• AGC Inc.
• Central Glass Co.LTD
• Guardian Industries Corp.
• Nippon Sheet Glass Co., Ltd
• Saint-Gobain group
• Elicc Group
• EFCO Corporation
• EFP International B.V
• Reynaers Group
• Schott AG
• Vitro S.A.B. de C.V.
• Xinyi Glass Holdings Limited
• Yuanda China Holdings Limited
• Hainan Development Holdings Nanhai Co., Ltd.
• Technal
• PortaFab Corporation
• Kazmi Enterprises
• G. James Group
• LIXIL Group Corporation
• Kawneer Company Inc
   

Curtain Wall Industry News

• In February 2020: Gualini Spa announced that it is completing the extension project of the airport of Orio al Serio, which is ranked third in Italy in terms of the number of passengers. The company is supplying and installing the external glazed facades with stick curtain walls system to meet the performance requirement of the building.
   
• April 2018: Associated Building Specialties announced the successful acquisition of Hillcrest Commercial Glass, a US-based manufacturer of commercial glass. This has strengthened the company’s position in North America. The resurgent construction industry in the region is expected to support the growth of the company’s business in the upcoming years.
   

This curtain wall market research report includes in-depth coverage of the industry, with estimates & forecast in terms of revenue (USD Billion) from 2018 to 2032, for the following segments:

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Market, By Fabrication

• Stick System
• Unitized System

Market, By Construction Type

• Refurbishment
• New Construction

Market, By Application

• Commercial
• Residential

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Rest of North America
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Malaysia     
  • Indonesia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• MEA
  • Saudi Arabia
  • UAE
  • South Africa
  • Rest of MEA