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Classified in: Covid-19 virus
Subject: MRR

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


DUBLIN, Sept. 26, 2023 /PRNewswire/ -- The "House Wraps - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

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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?

MARKET OVERVIEW

MARKET TRENDS & DRIVERS

FOCUS ON SELECT PLAYERS (Total 86 Featured)

For more information about this report visit https://www.researchandmarkets.com/r/gme16x

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SOURCE Research and Markets


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