United Kingdom Green Buildings Market Insights Forecasts to 2033

• The UK Green Buildings Market Size was valued at USD 5.87 Billion in 2023.
• The Market Size is Growing at a CAGR of 8.92% from 2023 to 2033
• The U.K. Green Buildings Market Size is Expected to Reach USD 13.79 Billion by 2033

The UK Green Buildings Market is anticipated to exceed USD 13.79 Billion by 2033, growing at a CAGR of 8.92% from 2023 to 2033.

Market Overview

A green building is a structure and the application of environmentally conscious and resource-efficient processes at every stage of a building's life cycle, from planning to design and construction to operation and maintenance to renovation and demolition. It is also referred to as green construction, sustainable building, or eco-friendly building. A goal of net zero carbon emissions by 2050 has been set by the UK. The industry must move away from fossil fuel boilers and toward more energy-efficient buildings by implementing circular economy concepts and current construction techniques. The industry-wide C02nstruct Zero initiative is driving this shift. In addition to offering a unified action plan, precise goals, and a single, aspirational vision, this was established to eliminate carbon from the UK construction industry. With a focus on green building design and energy-efficient infrastructure, the United Kingdom is leading the way in sustainable architecture and environmentally friendly development. The nation is dedicated to fostering the use of renewable energy in buildings, applying green building principles, and creating environmentally conscious structures and sustainable development. The UK has made a name for itself as a pioneer in sustainable building techniques because of stringent laws and certifications. To ensure that newly constructed homes fulfill energy efficiency standards, the government has established targets for zero carbon emissions in new dwellings. Aspects like insulation and energy efficiency are among the sustainability standards for building construction that are outlined in the UK building regulations.

Report Coverage

This research report categorizes the market for the U.K. green buildings market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom green buildings market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom green buildings market.

Driving Factors

The increased demand for green buildings is being driven by sustainability and cost-effectiveness. Businesses and families are becoming more attracted to structures that offer significant operational expenditure savings as a result of rising energy costs. The appeal is in helping to lessen environmental impact and paying less for utilities. Furthermore, because they require less maintenance and have access to cutting-edge resource-efficient technologies, green buildings offer attractive long-term savings even with possibly higher initial construction costs. Sustainable building solutions are becoming more and more in demand in the market because financial feasibility is a powerful incentive for investors, building owners, and tenants alike. The green buildings industry in the UK has experienced significant expansion as a result of significant investment and infrastructural development.

Restraining Factors

A growing constraint on the UK green buildings market is the higher beginning costs and perceived complexity.

Market Segmentation

The United Kingdom green buildings market share is classified into product type, distribution channel, and application.

• The exterior segment is expected to hold the largest market share through the forecast period.   

The U.K. green buildings market is segmented by product type into exterior and interior. Among these, the exterior segment is expected to hold the largest market share through the forecast period. Focusing on biodiversity and using renewable energy sources are what are fueling the segment's revenue growth. These items are weather-resistant, breathable, reliable, sustainable, and energy efficient. The growing acceptance of solutions like solar walls, rain gardens, and green and cool roofs is anticipated to fuel the segment's revenue growth even more.

• The online segment dominates the market with the largest market share over the predicted period.

The U.K. green buildings market is segmented by distribution channel into offline and online. Among these, the online segment dominates the market with the largest market share over the predicted period. Due to their ability to provide customers with convenience and a wide range of options, online shopping platforms have experienced rapid expansion in recent years. Large corporations either offer their items directly through their websites or collaborate with e-commerce platforms or companies to do so. These materials are mostly obtained by large end-user companies from various web platforms. Therefore, to boost product sales, big businesses are attempting to further pierce internet sales channels.

• The residential segment dominates the market with the largest market share over the predicted period.

The U.K. green buildings market is segmented by application into residential and non-residential. Among these, the residential segment dominates the market with the largest market share over the predicted period. The building industry's materials have been most widely used in the UK. Many construction and real estate developments in these areas are utilizing green building materials. Green building construction is using these materials more frequently as a result of growing awareness of their advantages. People have been forced to buy the solutions that the market has to offer by supportive government rules and the desire to create an eco-friendly atmosphere.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the UK green buildings market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• BAM Construct UK
• Skanska UK
• Willmott Dixon
• Balfour Beatty
• Laing O'Rourke
• Sir Robert McAlpine
• Mace Group
• Arup
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-added resellers (VARs)

Recent Developments

• In June 2024, the first office building at Brent Cross Town, a 180-acre, £8 billion mixed-use park town development in North London that aims to be a net zero carbon town by 2030, is being built by BAM. The building is called 3 Copper Square.

Market Segment

This study forecasts revenue at UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Green Buildings Market based on the below-mentioned segments:

United Kingdom Green Buildings Market, By Product Type

• Exterior
• Interior

United Kingdom Green Buildings Market, By Distribution Channel

• Offline
• Online

United Kingdom Green Buildings Market, By Application

• Residential
• Non-residential