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India Metal Roofing Market

India Metal Roofing Market Size, Share, Growth, Forecast: By Product Type: Metal Deck Sheets, Plain Panels, Corrugated Panels, Metal Tiles, Shingles, Others; By Coating: Colour Coated Sheets, Non Colour Coated Sheets, Others; By Metal Type; By Construction Type; By End Use; Market Dynamics; Competitive Landscape; 2024-2032

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
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    India
7    Opportunities and Challenges in the Market
8    India Metal Roofing Market Analysis

    8.1    Key Industry Highlights
    8.2    India Metal Roofing Historical Market (2018-2023) 
    8.3    India Metal Roofing Market Forecast (2024-2032)
    8.4    India Metal Roofing Market by Product Type
        8.4.1    Metal Deck Sheets
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Plain Panels
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Corrugated Panels
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
        8.4.4    Metal Tiles
            8.4.4.1    Historical Trend (2018-2023)
            8.4.4.2    Forecast Trend (2024-2032)
        8.4.5    Shingles
            8.4.5.1    Historical Trend (2018-2023)
            8.4.5.2    Forecast Trend (2024-2032)
        8.4.6    Others
    8.5    India Metal Roofing Market by Coating
        8.5.1    Colour Coated Sheets
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Non Colour Coated Sheets
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
        8.5.3    Others
    8.6    India Metal Roofing Market by Metal Type
        8.6.1    Aluminium Roofing
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Tin Roofing
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Steel Roofing
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    Zinc Roofing
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Copper Roofing
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2    Forecast Trend (2024-2032)
        8.6.6    Others
    8.7    India Metal Roofing Market by Construction Type
        8.7.1    New Construction
            8.7.1.1    Historical Trend (2018-2023)
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Renovation
            8.7.2.1    Historical Trend (2018-2023)
            8.7.2.2    Forecast Trend (2024-2032)
    8.8    India Metal Roofing Market by End Use
        8.8.1    Residential
            8.8.1.1    Historical Trend (2018-2023)
            8.8.1.2    Forecast Trend (2024-2032)
        8.8.2    Industrial
            8.8.2.1    Historical Trend (2018-2023)
            8.8.2.2    Forecast Trend (2024-2032)
        8.8.3    Commercial
            8.8.3.1    Historical Trend (2018-2023)
            8.8.3.2    Forecast Trend (2024-2032)
9    Market Dynamics
    9.1    SWOT Analysis
        9.1.1    Strengths
        9.1.2    Weaknesses
        9.1.3    Opportunities
        9.1.4    Threats
    9.2    Porter’s Five Forces Analysis
        9.2.1    Supplier’s Power
        9.2.2    Buyer’s Power
        9.2.3    Threat of New Entrants
        9.2.4    Degree of Rivalry
        9.2.5    Threat of Substitutes
    9.3    Key Indicators for Demand
    9.4    Key Indicators for Price
10    Value Chain Analysis
11    Competitive Landscape

    11.1    Market Structure
    11.2    Company Profiles
        11.2.1    Tata Steel
            11.2.1.1    Company Overview
            11.2.1.2    Product Portfolio
            11.2.1.3    Demographic Reach and Achievements
            11.2.1.4    Certifications
        11.2.2    JSW Group
            11.2.2.1    Company Overview
            11.2.2.2    Product Portfolio
            11.2.2.3    Demographic Reach and Achievements
            11.2.2.4    Certifications
        11.2.3    Everest Industries Limited
            11.2.3.1    Company Overview
            11.2.3.2    Product Portfolio
            11.2.3.3    Demographic Reach and Achievements
            11.2.3.4    Certifications
        11.2.4    HIL Limited
            11.2.4.1    Company Overview
            11.2.4.2    Product Portfolio
            11.2.4.3    Demographic Reach and Achievements
            11.2.4.4    Certifications
        11.2.5    Bansal Roofing Products Limited
            11.2.5.1    Company Overview
            11.2.5.2    Product Portfolio
            11.2.5.3    Demographic Reach and Achievements
            11.2.5.4    Certifications
        11.2.6    Maxroof Corporation Pvt. Ltd.
            11.2.6.1    Company Overview
            11.2.6.2    Product Portfolio
            11.2.6.3    Demographic Reach and Achievements
            11.2.6.4    Certifications
        11.2.7    Others
12    Key Trends and Developments in the Market

 

List of Key Figures and Tables

1.    India Metal Roofing Market: Key Industry Highlights, 2018 and 2032
2.    India Metal Roofing Historical Market: Breakup by Product Type (USD Million), 2018-2023
3.    India Metal Roofing Market Forecast: Breakup by Product Type (USD Million), 2024-2032
4.    India Metal Roofing Historical Market: Breakup by Coating (USD Million), 2018-2023
5.    India Metal Roofing Market Forecast: Breakup by Coating (USD Million), 2024-2032
6.    India Metal Roofing Historical Market: Breakup by Metal Type (USD Million), 2018-2023
7.    India Metal Roofing Market Forecast: Breakup by Metal Type (USD Million), 2024-2032
8.    India Metal Roofing Historical Market: Breakup by Construction (USD Million), 2018-2023
9.    India Metal Roofing Market Forecast: Breakup by Construction (USD Million), 2024-2032
10.    India Metal Roofing Historical Market: Breakup by End Use (USD Million), 2018-2023
11.    India Metal Roofing Market Forecast: Breakup by End Use (USD Million), 2024-2032
12.    India Metal Roofing Market Structure

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.

Analyst Review

The India metal roofing market attained a value of nearly USD 1,238.63 million in 2023, driven by the robust growth of the construction industry in the historical period. Aided by the growing advancements in roofing technologies, the market is expected to witness a further growth in the forecast period of 2024-2032, growing at a CAGR of 7.8%. The market is projected to reach about USD 2439.71 million by 2032.        

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on product type, the metal roofing industry in India can be segmented into metal deck sheets, plain panels, corrugated panels, metal tiles, and shingles, among others. On the basis of coatings, the industry is divided into colour coated sheets and non-colour coated sheets, among others. By metal type, the market is categorised into aluminium roofing, tin roofing, steel roofing, zinc roofing, and copper roofing, among others. Based on construction types, the industry is divided into new construction and renovation. On the basis of end use, the industry is segmented into residential, commercial, and industrial. The key players in the above market include Tata Steel, JSW Group, Everest Industries Limited, HIL Limited, Bansal Roofing Products Limited, and Maxroof Corporation Pvt. Ltd., among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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