Global House Wraps Industry Research Report 2023-2030: Construction Industry's Cornerstone - The Essential Role of House Wraps in Moisture Control and Better Indoor Air Quality
The global market for House Wraps estimated at US$5.5 Billion in the year 2022, is projected to reach a revised size of US$9.3 Billion by 2030, growing at a CAGR of 6.9% over the analysis period 2022-2030.
The global House Wraps market is set to experience a period of substantial growth and change, with both challenges and opportunities ahead for consumers, investors, and industry stakeholders. Focused mainly on the construction and building materials sectors, the market for house wraps is segmented into Non-perforated and Perforated types.
The Non-Perforated House Wraps segment is expected to grow at a CAGR of 7.4%, reaching a projected value of US$7.3 Billion by the end of the analysis period. Meanwhile, the Perforated House Wraps segment is estimated to expand at a CAGR of 5.5% over the next eight years.
Geographically, the U.S. market takes the lead with an estimated value of US$2.3 Billion as of 2022. China, the world's second-largest economy, is anticipated to follow with a market size forecast to reach US$988.4 Million by 2030, growing at a CAGR of 8.6% from 2022 to 2030. Other significant markets include Japan and Canada, predicted to grow at CAGRs of 5.7% and 6.3% respectively over the 2022-2030 period. Within Europe, Germany stands out with a forecasted CAGR of approximately 6.4%.
Given these projections, the House Wraps market presents lucrative opportunities for businesses and stakeholders in the construction and building materials industries.
Adapting to market dynamics and leveraging these growth prospects can result in significant gains. Whether you are an investor, a business leader, or a stakeholder, this period of market evolution offers chances to capitalize on trends and demand in various geographic regions.
What`s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Controlling Moisture is Key to Prolonging Building Durability & Life: This Basic Architectural Fact Provides the Cornerstone for the Growth of House Wraps
Weather Resistive Barriers: An Indispensable Part of Modern Architecture
Housewraps: A Homeowner and Building Operator's Best Defense Against Moisture Related Damages
Global Economic Update
World Shifts to an Endemic COVID-19 Strategy With Focus on Multilateral Approach to Managing Future Pandemics
War, Inflation & High Cost of Living Crisis Supersede COVID-19 as Major Downside Risks for the Global Economy in 2022 & Beyond
Inflationary Pressures Affect Global Economy
Russia-Ukraine War Impact
World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2020, 2021, 2022 and 2023
Economic Volatility and Construction Market Dynamics Redesign Growth Patterns in Building Materials Market
Global Construction Spending (in US$ Trillion) for the Years 2020-2028
Planned Construction Projects as Bright Spot in 2023
US Construction Outlook
United States Housing Units Starts: 2015-2021 (Housing Units in Thousands)
Competition
House Wraps - Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
House Wraps: Overview, Definition, Types, Importance & Benefits
Types of House Wraps
Key Considerations for Selecting an Appropriate House Wrap
Careful Installation Critical to Achieve Results
Benefits of House Wraps
Market Outlook
Recent Market Activity
World Brands
MARKET TRENDS & DRIVERS
Extreme Climatic Conditions Offer a Strong Business Case for House Wraps
Global Number of Extreme Weather Events for the Years 2000, 2005, 2010, 2015 and 2020
Annual Number of Natural Disaster Events Globally from 2007 to 2021
Implementation of New Building Energy Codes Set the Pace for Innovations in WRB Products Market
Material Innovation Continues to Drive Market Growth
A Peek into Select Advancements in Housewraps Market
Advent of Flame-retardant Membranes in Modern House Wraps
Self-Adhering Wraps all Set to Witness Wider Adoption
Home Renovations & Need for Better Buildings for Post Pandemic Living to Spur Sales of Housewraps
Residential Renovations to Regain Lost Momentum Post Pandemic
Focus on Building Smarter Buildings as Emission Savers, Post Pandemic to Push Up Adoption of House Wraps
Indoor Air Quality & House Wraps
Drainable House Wraps: One of the Fastest Growing House Wraps by Type
Steady Replacement of Solid Wood with Engineered Wood in Building Construction Shifts Focus on House Wraps
Focus on Energy Efficiency & Adoption of Thermal Insulation to Magnify Importance of House Wraps
Here's How House Wraps Help Protect the R-Value of Insulation
Rise of Smart Buildings Bodes Well for Innovative House Wrap Solutions
Global Smart Buildings Market in US$ Billion: 2020, 2022, 2024, 2026
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