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Report Overview

2023

Base Year

2018-2023

Historical Year

2024-2032

Forecast Year

India Metal Roofing Market Outlook

The India metal roofing market attained a value of about USD 1,238.63 million in 2023. The market is further expected to grow in the forecast period of 2024-2032 at a CAGR of 7.8% to reach nearly USD 2439.71 million by 2032.

India Metal Roofing Market

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Robust Growth of the Construction Industry Aiding the Market Growth of Metal Roofing in India

The robust growth of the construction industry due to the surge in population in India is augmenting the market growth. In addition, increasing renovation activities as well as the construction of various advanced commercial buildings, as the penetration of international companies surge, are increasing the use of metal roofing in India. The rising demand for metal roofing in residential infrastructures is also aiding the market growth. The growing interest regarding low-maintenance and durable roofing materials is further accelerating the adoption of metal roofing among homeowners, therefore propelling the industry growth. Moreover, metal roofing is cost-effective and eco-friendly, which makes it popular among the young population, consequently boosting the industry growth.

Various metals are increasingly used in the manufacturing of metal roofing systems to enhance their functionality. Additionally, the rising awareness regarding the energy-efficient properties of metal roofing to reduce utility bills is increasing its adoption, which is augmenting the industry growth. The rapid urbanisation and westernisation in India are increasing the demand for materials that can mimic the aesthetic of the western world. This is surging the use of metal roofing with an appearance of wood shakes, clay tile, and asphalt, among the affluent middle class. The growing use of new and cheap materials for metal roofing is decreasing their overall price, hence increasing their demand, which is significantly contributing to the industry growth. The prevalence of adverse weather conditions such as cyclones in certain parts of the country is increasing the use of metal roofing for enhanced safety, hence providing further impetus to the market growth of metal roofing in India.

Metal Roofing: Market Segmentation

Metal roofing is a roofing system that uses various metals to enhance the durability of roofs. Metal roofing is recyclable and sustainable, and therefore provides various environmentally friendly benefits. Moreover, it requires low maintenance and is cost-effective in the long run.

India Metal Roofing Market by Segment

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The major product types of metal roofing are:

  • Metal Deck Sheets
  • Plain Panels
  • Corrugated Panels
  • Metal Tiles
  • Shingles
  • Others

The market can be broadly categorised on the basis of its coatings into:

  • Colour Coated Sheets
  • Non-Colour Coated Sheets
  • Others

Based on metal type, the market is divided into:

  • Aluminium Roofing
  • Tin Roofing
  • Steel Roofing
  • Zinc Roofing
  • Copper Roofing
  • Others

By construction type, the market is bifurcated into:

  • New Construction
  • Renovation

On the basis of end use, the market is segmented into:

  • Residential
  • Industrial
  • Commercial

India Metal Roofing Market Report and Forecast

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Innovations and Advancements in Roofing Technologies to Bolster the Metal Roofing Industry in India

Innovations in metal roofing in India are leading to the production and availability of a wide range of products with diverse textures and designs, hence augmenting the growth of the metal roofing industry. The rising investments in photovoltaic cells for long-time benefits are increasing the demand for metal roofing to support them. As the cost of solar panels and cells reduces, this trend is expected to continue, which is anticipated to fuel the market growth. Although the shortage of skilled labour can hinder the market growth, the demand for metal roofing is expected to increase as homeowners are investing rapidly in metal roofing to avoid maintenance and renovation costs, which is projected to propel the industry growth in India.

Advances in roofing technologies are leading to the manufacturing of more efficient metal roofing. The integration of the latest technologies by the leading companies to monitor metal damage and roof warranties by enabling effective inspections and repairs for building consumer loyalty is propelling the growth of the metal roofing industry. The development of advanced roof clips that can eliminate the loosening of fasteners and the creation of elongated holes to enhance the safety and design of metal roofing is anticipated to aid the market growth in the coming years. As metal roofing can be installed on a pre-existing roof, it is increasingly used to prevent damage from sun exposure, which is estimated to invigorate the industry growth in the forecast period in India.

Key Industry Players in the India Metal Roofing Market

The report presents a detailed analysis of the following key players in the India metal roofing market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Tata Steel
  • JSW Group
  • Everest Industries Limited
  • HIL Limited
  • Bansal Roofing Products Limited
  • Maxroof Corporation Pvt. Ltd.
  • Others

The comprehensive report looks into the macro and micro aspects of the industry. The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.

Key Highlights of the Report

REPORT FEATURES DETAILS
Base Year 2023
Historical Period 2018-2023
Forecast Period 2024-2032
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Product Type
  • Coating
  • Metal Type
  • Construction Type
  • End Use
Breakup by Product Type
  • Metal Deck Sheets
  • Plain Panels
  • Corrugated Panels
  • Metal Tiles
  • Shingles
  • Others
Breakup by Coating
  • Colour Coated Sheets
  • Non Colour Coated Sheets
  • Others
Breakup by Metal Type
  • Aluminium Roofing
  • Tin Roofing
  • Steel Roofing
  • Zinc Roofing
  • Copper Roofing
  • Others
Breakup by Construction Type
  • New Construction
  • Renovation
Breakup by End Use
  • Residential
  • Industrial
  • Commercial
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • Tata Steel
  • JSW Group
  • Everest Industries Limited
  • HIL Limited
  • Bansal Roofing Products Limited
  • Maxroof Corporation Pvt. Ltd.
  • Others
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

In 2023, the market attained a value of approximately USD 1238.63 million.

The market is projected to grow at a CAGR of 7.8% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 2439.71 million by 2032.               

The market is being driven by the rising renovation and construction activities and the growing demand for cost-effective metal roofing.

The key trends of the market include advancements in roofing technology, innovations in metal roofing, and the development of advanced roof clips.

The major product types of metal roofing are metal deck sheets, plain panels, corrugated panels, metal tiles, and shingles, among others.

The significant coatings of metal roofing in the market are colour coated sheets and non-colour coated sheets, among others.

The various metal types of metal roofing in the market are aluminium roofing, tin roofing, steel roofing, zinc roofing, and copper roofing, among others.

The significant construction types in the market are new construction and renovation.

The major end uses of metal roofing are residential, industrial, and commercial.

The key players in the India metal roofing market are Tata Steel, JSW Group, Everest Industries Limited, HIL Limited, Bansal Roofing Products Limited, and Maxroof Corporation Pvt. Ltd., among others.

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+1-415-325-5166

63 Fiona Drive, Tamworth, NSW

+61 448 06 17 27

C130 Sector 2 Noida, Uttar Pradesh 201301

+91-858-608-1494

40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.

+63 287899028, +63 967 048 3306

6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London

+44-753-713-2163

193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City

+84865399124