A vertical garden is also known as green wall or living wall and is self-sufficient garden attached to exterior or interior walls of a building. In vertical gardens, various types of modular panels can be used along with growing media, irrigation systems, and plants. Living walls are suitable for cities, as they enable good use of available vertical surface areas. The living wall could also function as urban agriculture, urban gardening, or as art. Green walls may be indoors or outside, and come in a variety of sizes. Such walls have gained popularity over many years, especially in emerging nations. The rapid urbanization has led to vertical construction in the cities. This in turn has fueled the demand for such vertical gardens to utilize the space in an efficient manner. The global market is expected to grow at approximately 7% CAGR during the forecast period.
Market Research Analysis:
The global vertical garden construction market is expected to witness significant growth during the forecast period. The market has been segmented on the basis of application into commercial construction and residential construction. Commercial construction is expected to lead the market with largest market size followed by residential segment. Such vertical gardens require additional set up costs as well as costs related to proper irrigation system and creating proper facades to set up such green walls. The high added costs hinders the market growth in the residential construction.
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The key players of Global Vertical Garden Construction Market report include-
- LiveWall, LLC,
- Sempergreen BV,
- The Greenwall Company,
- ZTC International Landscape Solutions (P) Ltd.,
- Rentokil Initial plc,
- American Hydrotech, Inc.,
- ANS Group Global Ltd,
- Biotecture Ltd.,
- Elmich Australia,
- Fytogreen Australia.
Asia pacific will be the largest market
Asia pacific region is expected to dominate the market with its largest and fastest growing market size for vertical garden construction. The region is marked with increasing disposable incomes and population which fuels the demand for vertical garden construction. Moreover, growing awareness among consumers, has led to the adoption of energy saving and green construction practices in the countries of China, India and Japan. This has staggered the growth of the market of vertical garden construction.
- Raw Materials Suppliers
- Aftermarket suppliers
- Research Institute / Education Institute
- Potential Investors
- Key executive (CEO and COO) and strategy growth manager
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