Australia Roofing Tiles Market Report and Forecast 2024-2032

Australia Roofing Tiles Market Outlook

The Australia roofing tiles market size reached USD 1,332.38 million in 2023. The market is expected to grow at a CAGR of 3.2% between 2024 and 2032, reaching almost USD 1,741.33 million by 2032.

Key Takeaways

• As per the Australian Bureau of Statistics, the value of new residential buildings increased by 19.4% to $7.14 billion, while the value of non-residential buildings rose by 12.4% to $4.92 billion in January 2024, consequently driving the Australia roofing tiles market growth.

• As reported by the Australian Bureau of Statistics, there was a 19.5% increase in private sector dwellings, excluding houses, totalling 5,238 in January 2024.

• The Australian Building and Construction sector conducts building, and construction work exceeding U$162 billion annually, contributing about 10% to GDP. It stands as the fifth-largest sector in the economy.

Concrete tiles drive the Australia roofing tiles market growth due to their high durability, and capability of withstanding severe weather conditions such as heavy rain, strong winds, and hail

Concrete tiles offer durability, fire resistance, minimal upkeep, design options, energy efficiency, and lastingness. They endure tough climates, offer versatile designs, and cut long-term expenses for homeowners.

Clay tiles present a natural look, exceptional colour preservation, environmental friendliness, weather resilience, insulation, and endurance. They improve building attractiveness, resist weather, insulate, and retain value.

Volt Solar Tile, a Leeson Group subsidiary - its Australian-designed building integrated photovoltaic (BIPV) roof tile that has the highest wattage of any solar tile on the global market, with a maximum power output of 115 W and a solar efficiency of up to 19.3%.

Market Segmentation

Australia Roofing Tiles Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Material Type

• Concrete Tiles

• Clay Tiles

• Ceramic Tiles

• Others

Market Breakup by Construction Type

• Renovation and Replacement

• New Construction

Market Breakup by End Use

• Non-Residential

• Residential

Market Breakup by Region

• New South Wales

• Victoria

• Queensland

• Australian Capital Territory

• Western Australia

• Others

The Australia roofing tiles market key players are CSR Limited, Lutum Montoro Roofing Pty Ltd, Brickworks Ltd, and BGC (Australia) Pty Ltd among others.

Key Highlights of the Report