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The India roofing market is anticipated to grow at a CAGR of 7% in the forecast period of 2023-2028 to reach a value of USD 9.7 billion by 2026.
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Based on end use, the residential sector is anticipated to account for a significant share in the market. This can be attributed to the rising population, increasing disposable income, and rapid urbanisation activities happening across India. These factors are likely to propel the construction activities of the residential complexes or apartments, consequently increasing the demand for roofs, as roofing is a major part of any residential structure. Roofing protects the structure from rain, strong winds, sunlight, thieves, and keeps the house warm in winter and cool in summer. Meanwhile, the commercial segment too accounts for a significant share in the market. This can be attributed to the rising demand for office space, increasing construction of hotels, shopping malls, retail stores, and warehouses, among others in the country. Roofs are of grave importance in any commercial building, owing to the strong need for safety and security of the structure.
On the basis of material, metal roofs are likely to account for a significant share in the market. The metal roofs are witnessing increased demand as they provide resistance to fire and imparts strength and durability to the structure due to their superior quality. The increasing inclination of builders towards metal roofs is expected to propel the demand for the material, thus, aiding the overall market growth. Over the forecast period, the market is expected to be aided by the rising environmental awareness in India. As metal roofs can lower energy consumption, can be recycled, and reduce a home's carbon footprint, the material is expected to be one of the most preferred components towards structuring a building in the coming years.
Roofing is defined as the process of covering the top of a house, building or any residential or commercial structure to protect it from external environment or hazards such as storms, rain, theft, and others. The roofing is supposed to be done with a strong material that is durable and provides safety and security to the people or objects inside the structure.
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On the basis of material, the market is divided into:
The different types of the product include:
Based on end use, the market can be segmented into:
The regional markets for the product include North, East, West, and South India.
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The technological advancements and the introduction of new roofing technologies are likely to be the major factors driving the roofing market growth in India. These advancements include green roofing, which provides various advantages such as absorption of rainwater, insulation, and offering an aesthetically pleasing landscape. Meanwhile, the easy installation of roofing components and upgradation of previous infrastructure owing to the presence of advanced machinery is likely to be a key trend in the market.
The report gives a detailed analysis of the following key players in the India roofing market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
|Scope of the Report||Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Material, Type, End Use, Region|
|Breakup by Material||Bituminous, Tiles, Metal, Plastic, Others|
|Breakup by Type||Flat Roof, Slope Roof|
|Breakup by End Use||Residential, Commercial, Industrial|
|Breakup by Region||North, East, West, South|
|Market Dynamics||SWOT, Porter's Five Forces, Key Indicators for Price and Demand|
|Trade Data Analysis||Major Importing Countries by Value and Volume, Major Exporting Countries by Value and Volume|
|Price Analysis||Historical and Forecast Price Trends-Regional|
|Competitive Landscape||Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications|
|Companies Covered||Tata BlueScope Steel, JWS Steel, Coated Products Limited, Everest Industries Limited, Bansal Roofing Products Limited, Hindalco Ind Ltd., CK Birla Group, 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.
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
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
7 Industry Opportunities and Challenges
8 Asia Pacific Roofing Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Roofing Historical Market (2018-2022)
8.3 Asia Pacific Roofing Market Forecast (2023-2028)
8.4 Asia Pacific Roofing Market by Country
8.4.1 Market Share
9 India Roofing Market Analysis
9.1 Key Industry Highlights
9.2 India Roofing Historical Market (2018-2022)
9.3 India Roofing Market Forecast (2023-2028)
9.4 India Roofing Market by Material
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
9.5 India Roofing Market by Type
9.5.1 Flat Roof
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
9.5.2 Slope Roof
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
9.6 India Roofing Market by End Use
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
126.96.36.199 Market Share
188.8.131.52 Historical Trend (2018-2022)
184.108.40.206 Forecast Trend (2023-2028)
220.127.116.11 Market Share
18.104.22.168 Historical Trend (2018-2022)
22.214.171.124 Forecast Trend (2023-2028)
9.7 India Roofing Market by Region
9.7.1 Market Share
10 Regional Analysis
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
11 Market Dynamics
11.1 SWOT Analysis
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Tata BlueScope Steel
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.2 JWS Steel, Coated Products Limited
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.3 Everest Industries Limited
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.4 Bansal Roofing Products Limited
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
15.2.5 Hindalco Ind Ltd.
126.96.36.199 Company Overview
188.8.131.52 Product Portfolio
184.108.40.206 Demographic Reach and Achievements
15.2.6 CK Birla Group
220.127.116.11 Company Overview
18.104.22.168 Product Portfolio
22.214.171.124 Demographic Reach and Achievements
16 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.2 Detailed Process Flow
1.3 Operation Involved
2 Cost Analysis
2.1 Raw Material
List of Key Figures and Tables
1. Asia Pacific Roofing Market: Key Industry Highlights, 2018 and 2028
2. Asia Pacific Roofing Historical Market: Breakup by Country (USD Million), 2018-2022
3. Asia Pacific Roofing Market Forecast: Breakup by Country (USD Million), 2023-2028
4. India Roofing Market: Key Industry Highlights, 2018 and 2028
5. India Roofing Historical Market: Breakup by Material (USD Million), 2018-2022
6. India Roofing Market Forecast: Breakup by Material (USD Million), 2023-2028
7. India Roofing Historical Market: Breakup by Type (USD Million), 2018-2022
8. India Roofing Market Forecast: Breakup by Type (USD Million), 2023-2028
9. India Roofing Historical Market: Breakup by End Use (USD Million), 2018-2022
10. India Roofing Market Forecast: Breakup by End Use (USD Million), 2023-2028
11. India Roofing Historical Market: Breakup by Region (USD Million), 2018-2022
12. India Roofing Market Forecast: Breakup by Region (USD Million), 2023-2028
13. India Roofing Market Structure
The market is projected to grow at a CAGR of 7% between 2021 and 2026.
The market is estimated to witness a healthy growth in the forecast period of 2023-2028 to reach USD 9.7 billion by 2026.
The major drivers of the market include the rapid urbanisation, increasing infrastructure investments, growing population, and rapid technological advancements.
The growing R&D activities towards new roofing technologies and the introduction of green roofing are expected to be the key trends guiding the growth of the industry.
The major regions in the industry are North, East, West, and South India.
Bituminous, tiles, metal, and plastic, among others are the major roofing materials in the industry.
Flat roof and slope roof are the major types of the product.
Residential, commercial, and industrial are the different end use sectors of the product.
The major players in the industry are Tata Bluescope Steel, JWS Steel, Coated Products Limited, Everest Industries Limited, Bansal Roofing Products Limited, Hindalco Ind Ltd., and CK Birla Group, among others.
The India roofing market is being driven by the rapid urbanisation, growing construction activities, and growing technological advancements in the country. Aided by the growing R&D activities towards the introduction of new roofing technologies, the market is anticipated to grow at a CAGR of 7% in the forecast period of 2023-2028. The market is projected to reach USD 9782 million by 2026.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on material, the market is divided into bituminous, tiles, metal, and plastic, among others. The major types of the product include flat roof and slope roof. On the basis of end use, the market is divided into residential, commercial and industrial. The major regional markets for roofing are North, East, West, and South India. The key players in the above market include Tata Bluescope Steel, JWS Steel, Coated Products Limited, Everest Industries Limited, Bansal Roofing Products Limited, Hindalco Ind Ltd., and CK Birla Group, 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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