Green Roof Market is to Touch $28.1 Billion by 2030; Enhanced Urban Biodiversity through Green Roofs Drives Market Demand and Rising Energy Costs Promote the Use of Green Roofs for Energy Efficiency propel market growth.

The Green Roof Market size is estimated to reach $28.1 billion by 2030, growing at a CAGR of 12.7% during the forecast period 2024-2030, according to a recent report published by IndustryARC, titled, “Green Roof Market – By Roof Type (Intensive, Semi-Intensive and Extensive), By Application (Residential, Commercial and Industrial), By Geography - Global Opportunity Analysis & Industry Forecast, 2024-2030”

Corporate social responsibility trends push businesses to adopt green roofs and Technological advancements in lightweight roofing materials increase adoption are fueling the growth of the Green Roof industry during the forecast period.

Europe accounted for the largest share of 38% of the Green Roof Market in 2023. Increasing urbanization and the need for sustainable architecture drive the Green Roof market in Europe. Growing awareness of environmental benefits, such as improved air quality and enhanced biodiversity, further propels adoption. Regulatory frameworks and incentives by governments encourage green building practices, promoting the integration of green roofs in urban planning. Additionally, advancements in technology and materials enhance the feasibility and effectiveness of green roof installations. As cities seek innovative solutions for climate resilience, the demand for green roofs is expected to continue rising across Europe.

The increasing interest in aesthetic building design has become a significant driver in the integration of green roofs. Architects and developers seek innovative ways to enhance visual appeal while addressing environmental concerns. Green roofs offer a blend of beauty and functionality, providing a visually attractive alternative to traditional rooftops. This trend aligns with sustainability goals, improving urban biodiversity, and energy efficiency. In addition, green roofs contribute to reducing heat island effects in cities, promoting a healthier urban environment. The combination of aesthetic enhancement and environmental benefits makes green roofs a preferred choice in modern architectural design, driving their growing popularity across various sectors.

The accelerating trend of urbanization has increased the demand for rooftop green spaces, addressing issues like overcrowding and environmental decline. According to the UN projection, 68% of the global population will reside in urban areas by 2050, the necessity for accessible recreational spaces is more critical than ever to improve residents' quality of life. Green roofs present a viable solution, enhancing air quality, mitigating urban heat, and fostering biodiversity. They also act as effective insulation, reducing energy costs for buildings. Consequently, urban planners and developers are prioritizing the integration of nature into city landscapes, resulting in innovative designs that incorporate green roofs in both new and existing structures. 

Key companies profiled in the Green Roof Market are Sika Group, Axter Limited, Bauder Ltd., Green Roof Blocks, Optigrün International AG, Sempergreen International, Keene Building Products, Soprema SAS, Onduline Group SAS, ZinCo Group and others.