Green Roof Market

The government is promoting green roofs to reduce global warming.

The popularity and implementation of the “green roof” concept are gaining traction around the globe as it helps in lowering the temperature on roofs, thereby decreasing the ambient temperature. This is achieved by growing plants on rooftops that help absorb the radiation from the sun and reduce the urban heat island effect. It has not only helped to reduce room temperature, but the consumption of electricity is also falling in the metros. This, in turn, helps slow the climate change process. As a result, various governments are introducing supportive policies such as subsidies, financial aid, and special investment summits to encourage the adoption of green roofs. Thus, the reduction in global warming due to green roofs is expected to drive market growth during the forecast period.

Rising construction of industrial, commercial, and residential buildings is expected to increase environmental heat, which in turn is expected to fuel the growth of the green roof market. People are migrating to cities as the economy develops and the population grows. This has impacted the increasing construction of residential and commercial spaces across every region of the world. More structures are having a negative impact on the environment by reducing green cover and causing deforestation. To counter such a situation, many governments are adopting “green roof” concepts that are sustainable and eco-friendly.The global green roof market was worth US$ 7.1 billion in 2018 and is expected to reach US$ 28.7 billion by 2027, growing at a CAGR of 16.8% between 2019 and 2027.

Market Snapshot

Extensive segment dominating the market

Based on roof type, the global green roof market is segmented into extensive and intensive roofs. The extensive roof segment captured the largest market share in 2018. Factors such as low maintenance costs are driving the market’s growth. Moreover, low capital costs per square meter and minimal irrigation and nutrient requirements are likely to drive product demand further. These roofs are used mainly in single residential buildings as they don’t need a pre-defined roof designed for gardening.

The intensive product segment is estimated to witness the fastest CAGR during the forecast period. Heavy weight and high maintenance and installation costs associated with intensive roofing tend to make up a smaller market share of the segment in 2018. However, the increasing adoption of these products for commercial and industrial applications is expected to increase the market share in the near future. These roofs include grasses, shrubs, and even trees due to the high depth of planting.

Regional Analysis

Europe dominating the global market by region

Europe was the dominant regional market in 2018, accounting for a major share of the global market. During the forecast period, the region was expected to maintain its leading position. Government policies and subsidiaries by the regional government are encouraging the adoption rate of more houses and commercial buildings. Countries like Germany and Switzerland have mandated the inclusion of green roofs on all flat roofs that are larger than 330 square feet in area. The green roof laws are backed by scientific evidence and are gaining momentum.

North America is estimated to be the fastest-growing region, with a CAGR of 20.4% over the forecasted period. Toronto, a Canadian city, was the first city in North America to ink a law to have a green roof. This has influenced the demand for green roofs in the region. Under the Eco-Roof Incentive Program, building owners receive $100 for every square meter of green roof. Under this scheme, 420 new green roof permits were granted.

Expanding partnerships keep the market competitive.

The global green roof market is competitive. Prominent players operating in the green roof market are adopting strategies such as partnerships with other companies and the acquisition of smaller players to increase their production capacity and geographical reach. Following is the list of players included in the published reports.

List of Companies Covered:

• Optigreen
• Green Roof Blocks
• Axter
• Hannor
• Bauder
• ZinCo
• Soprema
• Xero Flor
• Bender
• Sempergreen
• Others

Key Industry Development:

In March 2020, Green Roof Blocks will introduce a newly redesigned Green Paks modular green roof system. Green Paks are filled to a depth of four inches with our proprietary growth media. Like their predecessors, they have integrated carrying handholds and wind uplift ties. The top face of the new Green Paks is made of biodegradable burlap. The new Green Paks and pre-grown sedum mats are the perfect combinations for fast and efficient green roof installation, delivering instant lush green coverage from day one.

Periods of History and Forecast

The research report presents the analysis of each segment from 2017 to 2027, considering 2018 as the base year for the research. The compound annual growth rate (CAGR) for each of the respective segments is calculated for the forecast period from 2019 to 2027.

Market Segmentation

The current report also encompasses qualitative market valuation factors such as key market drivers, market trends, restraints, and opportunities that give a better market understanding of the global green roof market. Additionally, the global report also comprises a graphical representation of a competitive landscape based on their market initiatives and strategies, product portfolio, and business strengths. Recent trends across different regions in terms of the development of the green roof market attractive investment propositions for application segments as well as geography.

Key questions are answered in this report.

• What was the market size of the green roof market in 2018 and the forecast up to 2027?
• What are the key factors driving the global green roof market?
• What are the key market trends and high-growth opportunities observed in the green roof market?
• Which is the largest regional market for green roofing?
• Which segment will grow at a faster pace? Why?
• Which region will drive the market’s growth? Why?
• Which players are leading the green roof market?
• What are the key strategies adopted by the leading players operating in the market?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Green Roof (GR) Market
2.2. Global GR Market, by Roof Type, 2018 (US$ Bn)
2.3. Global GR Market, by End-user, 2018 (US$ Bn)
2.4. Global GR Market, by Application, 2018 (US$ Bn)
2.5. Global GR Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global GR Market Value, 2017 – 2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.2.3. Market Opportunities
3.2.4. Market Trends
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Green Roof (GR) Market, by Roof Type , 2017 – 2027 (US$ Bn)
4.1. Overview
4.2. Extensive Roof
4.3. Intensive Roof

5. Global Green Roof (GR) Market, by End-user, 2017 – 2027 (US$ Bn)
5.1. Overview
5.2. Residential
5.3. Commercial
5.4. Industrial

6. North America Green Roof (GR) Market Analysis, 2017 – 2027 (US$ Bn)
6.1. Overview
6.1.1. North America GR Market Value and Growth, 2017 – 2027, (US$ Bn)
6.2. North America GR Market Value, By Roof Type, 2017 – 2027 (US$ Bn)
6.2.1. Market Analysis
6.3. North America GR Market Value, By End-user, 2017 – 2027 (US$ Bn)
6.3.1. Market Analysis
6.4. North America GR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
6.4.1. Market Analysis
6.4.2. U.S.
6.4.3. Rest of North America

7. Europe Green Roof (GR) Market Analysis, 2017 – 2027 (US$ Bn)
7.1. Overview
7.1.1. Europe GR Market Value and Growth, 2017 – 2027, (US$ Bn)
7.2. Europe GR Market Value, By Roof Type, 2017 – 2027 (US$ Bn)
7.2.1. Market Analysis
7.3. Europe GR Market Value, By End-user, 2017 – 2027 (US$ Bn)
7.3.1. Market Analysis
7.4. Europe GR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
7.4.1. Market Analysis
7.4.2. U.K.
7.4.3. Germany
7.4.4. France
7.4.5. Rest of Europe

8. Asia Pacific Green Roof (GR) Market Analysis, 2017 – 2027 (US$ Bn)
8.1. Overview
8.1.1. Asia Pacific GR Market Value and Growth, 2017 – 2027, (US$ Bn)
8.2. Asia Pacific GR Market Value, By Roof Type, 2017 – 2027 (US$ Bn)
8.2.1. Market Analysis
8.3. Asia Pacific GR Market Value, By End-user, 2017 – 2027 (US$ Bn)
8.3.1. Market Analysis
8.4. Asia Pacific GR Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
8.4.1. Market Analysis
8.4.2. Japan
8.4.3. China
8.4.4. India
8.4.5. Rest of Asia Pacific

9. Rest of the World Green Roof (GR) Market Analysis, 2017 – 2027 (US$ Bn)
9.1. Overview
9.1.1. Rest of the World GR Market Value and Growth, 2017 – 2027, (US$ Bn)
9.2. Rest of the World GR Market Value, By Roof Type, 2017 – 2027 (US$ Bn)
9.2.1. Market Analysis
9.3. Rest of the World GR Market Value, By End-user, 2017 – 2027 (US$ Bn)
9.3.1. Market Analysis
9.4. Rest of the World GR Market Value, By Application, 2017 – 2027 (US$ Bn)
9.4.1. Market Analysis
9.5. Rest of the World GR Market Value, By Region, 2017 – 2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Middle East & Africa
9.5.3. Latin America

10. Company Profiles
10.1. AIQ Optigreen
10.2. Green Roof Blocks
10.3. Axter
10.4. Hannor
10.5. Bauder
10.6. ZinCo
10.7. Soprema
10.8. Xero Flor
10.9. Bender
10.10. Sempergreen

List Of Figures

FIG. 1 Global Green Roof (GR) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global GR Market Segmentation
FIG. 4 Global GR Market, by Roof Type, 2018, (US$ Bn)
FIG. 5 Global GR Market, by End-user, 2018, (US$ Bn)
FIG. 6 Global GR Market, by Geography, 2018 (US$ Bn)
FIG. 7 Global GR Market Value, 2017 – 2027, (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key GR Manufacturers & Providers, 2018
FIG. 10 Global GR Market Value Share, by Roof Type, 2018 & 2027 (Value %)
FIG. 11 Global GR Market Value for Extensive, 2017 – 2027, (US$ Bn)
FIG. 12 Global GR Market Value for Intensive, 2017 – 2027, (US$ Bn)
FIG. 13 Global GR Market Value Share, by End-user, 2018 & 2027 (Value %)
FIG. 14 Global GR Market Value for Residential, 2017 – 2027, (US$ Bn)
FIG. 15 Global GR Market Value for Energy Commercial, 2017 – 2027, (US$ Bn)
FIG. 16 Global GR Market Value for Industrial, 2017 – 2027, (US$ Bn)
FIG. 17 North America GR Market Value, 2017 – 2027, (US$ Bn)
FIG. 18 Europe GR Market Value, 2017 – 2027, (US$ Bn)
FIG. 19 Asia Pacific GR Market Value, 2017 – 2027, (US$ Bn)
FIG. 20 Rest of the World GR Market Value, 2017 – 2027, (US$ Bn)

List Of Tables

TABLE 1 Market Snapshot: Global Green Roof (GR) Market Value
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global GR Market, by Roof Type, 2017-2027, (US$ Bn)
TABLE 5 Global GR Market, by End-user, 2017-2027, (US$ Bn)
TABLE 6 Global GR Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 7 North America GR Market, by Roof Type, 2017-2027, (US$ Bn)
TABLE 8 North America GR Market, by End-user, 2017-2027, (US$ Bn)
TABLE 10 North America GR Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 11 Europe GR Market, by Roof Type, 2017-2027, (US$ Bn)
TABLE 12 Europe GR Market, by End-user, 2017-2027, (US$ Bn)
TABLE 13 Europe GR Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 14 Asia Pacific GR Market, by Roof Type, 2017-2027 (US$ Bn)
TABLE 15 Asia Pacific GR Market, by End-user, 2017-2027 (US$ Bn)
TABLE 16 Asia Pacific GR Market Value, by Region/Country, 2017 – 2027, (US$ Bn)
TABLE 17 Rest of the World GR Market, by Roof Type, 2017 – 2027, (US$ Bn)
TABLE 18 Rest of the World GR Market, by End-user, 2017 – 2027, (US$ Bn)
TABLE 19 Rest of the World GR Market Value, by Region, 2017 – 2027, (US$ Bn)
TABLE 20 Optigreen: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 21 Green Roof Blocks: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 22 Axter: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 23 Hannor: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 24 Bauder: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 25 ZinCo: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 26 Soprema: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 27 Xero Flor: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 28 Bender: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)
TABLE 29 Sempergreen: Company Snapshot (Business Description; Profile Type Portfolio; Financial Information; Business Overview and Recent Development)