Storefront Design and Installation Services Industry Report by Regional Category Spend, Price Analysis, Key Demand, Price Indicators, and Best Buying Practices

The global storefront design and installation services market reached a value of about USD 253.1 billion in 2021. The industry is projected to grow at a CAGR of around 7.6% in the forecast period of 2022-2027 to reach a value of USD 392.7 billion by 2027.

The storefront design and installation services industry report comprehensively analyses the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The development of the global market is being fueled by the increasing level of worldwide urbanisation that is further resulting in the need for the construction of new residential, commercial, and industrial buildings. North America is the highest category spender by region that is driving the demand for the storefront design and installation services industry.

Industry Definition and Segmentation

The storefront is also known as the shopfront or façade, or entryway of any merchandising store situated on the ground floor or at the level of the street of a commercial building and characteristically comprises one or more display windows. It is primarily an exterior part of the building. The purpose of a storefront or façade is to appeal for visual attention to a brand and its commodities. The storefront design not only adds artistic appeal to the building but also performs as an insulator to safeguard against heat, cold, moisture, and noise and shields the structure from any kind of destruction. The global storefront design and installation services industry report comprises segments based on regions (Europe, North America, Asia Pacific, Latin America, and the Middle East and Africa).

The North America Region is Driving the Growth of the Industry

The global storefront design and installation services market has been led by North America holding a share of more than 30% followed by Europe and APAC. The major markets for facades are countries like the US and Canada in the region since the headquarters of the world’s largest companies such as Google and Apple along with several other IT industries are based in these countries. Moreover, the rise in the number of expert professionals in the construction business, who hold detailed information about the storefront design or façade market and understand their appropriate utilisation in the construction industry, has increased the level of professionalism in the industry and hence added to their substantial progress. In addition, the North American and European markets are witnessing constant development owing to the increasing demand for façade materials specifically propelled by the new environmentally friendly materials.

Owing to the rise in the construction activities globally including renovation activities resulting from the growth in the urban population, rising disposable income, shifting consumer opinion about façade or storefront design, and increasing attention on the peripheral appearance of a building there has been a considerable expansion of the storefront design and installation services market. Various factors such as waterproofing, fabrication, resilience, and endurance to severe climatic conditions play a major role while the storefront is constructed. Furthermore, increasing investments in the progression of the domestic and business-related construction industries in advanced countries like the US are anticipated to expand the market further.

Nevertheless, the COVID-19 pandemic has negatively impacted the worldwide construction business. Hence, the sluggish development in the construction and real estate market owing to the lesser demand for purchasing residential houses and commercial buildings is likely to reduce the demand for storefront products and services over the next couple of years. On the other hand, the respites in lockdown regulations and issuing economic relief funds amongst the leading countries such as the US, UK, China, and Germany are most certainly to bring the market expansion on the track in the upcoming years.

Best Procurement Practices

The global storefront design and installation services industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by storefront design and installation services providing and utilising regions across the globe, such as contract terms, engagement models, and buyer and supplier negotiation levers, among others.

Category Management Studies

The primary factor of using storefront design is to drive the customer experience from the walkway to the payment counter. The threshold part of the store is a major part as it is considered the first 5 to 15 feet inside the door as per the size of the store. It is an interim area, and the customers may miss store what is there in the threshold section. Other sections of the storefront design are creating a floor layout which could be a ‘U’ around the shop, a zigzag, freeform, and many more, utilising racks, tables, and displays for impacting the way the customers glide through the space in the shop, creating an appealing display at the end of the aisles, engaging a lighting expert to suggest storefront lighting, planning the floor to ensure appropriate usage of the space, and decorating the front windows to reveal the commodities in the store.

Innovations and Rigorous Environmental Regulations Anticipated to Further Drive the Storefront Design and Installation Services Market

The storefront design and installation services market has an encouraging future as today energy conservation has become the need of the hour and storefronts, or facades have the prospective to produce and rebuild renewable energy. Likewise, some of the other favourable factors for future development of the facades market are the extent of advancements in materials to generate electronically controlled storefront designs, automation in the storefront, and utilisation of highly developed photovoltaic cells and heat screens in facades. Furthermore, the rising implementation of sustainable and environmentally friendly products including green storefronts will augment the demand for facades in the future. The idea of a Green Building is one of the most encouraging ways to safeguard energy savings in construction these days.

The key zones in the industry are Europe, North America, Latin America, the Asia Pacific, and the Middle East, and Africa.

Key Industry Players Mentioned in the Storefront Design and Installation Services Industry Report

• Kawneer
• The Reynaers Group
• YKK Group
• Norsk Hydro ASA (SAPA Building Systems)
• Schüco International KG

Market Landscape

The global storefront design and installation services market has endured several technological developments and changes specifically associated with severe weather conditions, sturdiness, waterproofing, and letting more natural light enter the building owing to the rising investments in research and development. Moreover, major R&D operations are being carried out by the architecture and construction industries to build sustainable and eco-friendly facades which soak up solar energy, thus producing a new source of energy creation in both domestic and industrial buildings. because of the increased demand from potential customers, primarily in the US, the UK, Germany, and Japan are anticipated to propel the worldwide market in the future years.

Key Initiatives by Companies

• In December 2019, there was an acquisition of the Erie Architectural Products Group (Erie AP), a storefront design services provider based in Canada by YKK AP America Inc. This planned procurement would support YKK AP to augment its regional presence and product contributions.
• In Jan 2021, Skanska endorsed an additional contract with Hartsfield-Jackson Atlanta International Airport. This contract focuses to construct the T-North Extension and innovation project in Atlanta, Georgia, US, in a Skanska-headed joint enterprise together with New South Construction, FS360, and Synergy Construction.