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India Roofing Market

India Roofing Market Size, Share, Trends, Growth, Forecast: By Material: Bituminous, Tiles, Metal, Plastic, Others; By Type: Flat Roof, Slope Roof; By End Use: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand; Competitive Landscape; 2024-2032

India Roofing Market Outlook

The India roofing market is anticipated to grow at a CAGR of 7% in the forecast period of 2024-2032 to reach a value of USD 14,669.58 million by 2032.

 

India Roofing Market

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Increasing Construction Activities in Residential and Commercial Sectors to Bolster the Growth of the Roofing Industry in India

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.

 

Increasing Demand for Metal Roofs to Aid the India Roofing Industry

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: Market Segmentation

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.

 

India Roofing Market By Segments

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On the basis of material, the market is divided into:

  • Bituminous
  • Tiles
  • Metal
  • Plastic
  • Others

The different types of the product include:

  • Flat Roof
  • Slope Roof

Based on end use, the market can be segmented into:

  • Residential
  • Commercial
  • Industrial

The regional markets for the product include North, East, West, and South India.

 

Technological Advancements and the Introduction of New Roofing Technologies to Boost the Growth of the Roofing Industry in India

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.

 

India Roofing Market By Region

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Key Industry Players in the India Roofing 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:

  • Tata Bluescope Steel
  • JWS Steel, Coated Products Limited
  • Everest Industries Limited
  • Bansal Roofing Products Limited
  • Hindalco Ind Ltd.
  • CK Birla Group  
  • Others

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.

 

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:

  • 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 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 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.

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    Asia Pacific Roofing Market Overview

    8.1    Key Industry Highlights
    8.2    Asia Pacific Roofing Historical Market (2018-2023)
    8.3    Asia Pacific Roofing Market Forecast (2024-2032)
    8.4    Asia Pacific Roofing Market by Country
        8.4.1    China
        8.4.2    India
        8.4.3    Japan
        8.4.4    Others
9    India Roofing Market Analysis
    9.1    Key Industry Highlights
    9.2    India Roofing Historical Market (2018-2023) 
    9.3    India Roofing Market Forecast (2024-2032)
    9.4    India Roofing Market by Material
        9.4.1    Bituminous
            9.4.1.1    Historical Trend (2018-2023)
            9.4.1.2    Forecast Trend (2024-2032)
        9.4.2    Tiles
            9.4.2.1    Historical Trend (2018-2023)
            9.4.2.2    Forecast Trend (2024-2032)
        9.4.3    Metal
            9.4.3.1    Historical Trend (2018-2023)
            9.4.3.2    Forecast Trend (2024-2032)
        9.4.4    Plastic
            9.4.4.1    Historical Trend (2018-2023)
            9.4.4.2    Forecast Trend (2024-2032)
        9.4.5    Others
    9.5    India Roofing Market by Type
        9.5.1    Flat Roof
            9.5.1.1    Historical Trend (2018-2023)
            9.5.1.2    Forecast Trend (2024-2032)
        9.5.2    Slope Roof
            9.5.2.1    Historical Trend (2018-2023)
            9.5.2.2    Forecast Trend (2024-2032)
    9.6    India Roofing Market by End Use
        9.6.1    Residential
            9.6.1.1    Historical Trend (2018-2023)
            9.6.1.2    Forecast Trend (2024-2032)
        9.6.2    Commercial
            9.6.2.1    Historical Trend (2018-2023)
            9.6.2.2    Forecast Trend (2024-2032)
        9.6.3    Industrial
            9.6.3.1    Historical Trend (2018-2023)
            9.6.3.2    Forecast Trend (2024-2032)
    9.7    India Roofing Market by Region
        9.7.1    North
        9.7.2    East
        9.7.3    West
        9.7.4    South
10    Regional Analysis
    10.1    North
        10.1.1    Historical Trend (2018-2023)
        10.1.2    Forecast Trend (2024-2032)
    10.2    East
        10.2.1    Historical Trend (2018-2023)
        10.2.2    Forecast Trend (2024-2032)
    10.3    West
        10.3.1    Historical Trend (2018-2023)
        10.3.2    Forecast Trend (2024-2032)
    10.4    South
        10.4.1    Historical Trend (2018-2023)
        10.4.2    Forecast Trend (2024-2032)
11    Market Dynamics
    11.1    SWOT Analysis
        11.1.1    Strengths
        11.1.2    Weaknesses
        11.1.3    Opportunities
        11.1.4    Threats
    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
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    JWS Steel, Coated Products Limited
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Everest Industries Limited
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Bansal Roofing Products Limited
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Hindalco Ind Ltd.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    CK Birla Group
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Others
16    Key Trends and Developments in the Market


Additional Customisations Available

1    Manufacturing Process
    1.1    Overview
    1.2    Detailed Process Flow
    1.3    Operation Involved
2    Cost Analysis
    2.1    Raw Material
    2.2    Transportation
    2.3    Utilities
    2.4    Manpower
    2.5    Others

 

List of Key Figures and Tables

1.    Asia Pacific Roofing Market: Key Industry Highlights, 2018 and 2032
2.    Asia Pacific Roofing Historical Market: Breakup by Country (USD Million), 2018-2023
3.    Asia Pacific Roofing Market Forecast: Breakup by Country (USD Million), 2024-2032
4.    India Roofing Market: Key Industry Highlights, 2018 and 2032
5.    India Roofing Historical Market: Breakup by Material (USD Million), 2018-2023
6.    India Roofing Market Forecast: Breakup by Material (USD Million), 2024-2032
7.    India Roofing Historical Market: Breakup by Type (USD Million), 2018-2023
8.    India Roofing Market Forecast: Breakup by Type (USD Million), 2024-2032
9.    India Roofing Historical Market: Breakup by End Use (USD Million), 2018-2023
10.    India Roofing Market Forecast: Breakup by End Use (USD Million), 2024-2032
11.    India Roofing Historical Market: Breakup by Region (USD Million), 2018-2023
12.    India Roofing Market Forecast: Breakup by Region (USD Million), 2024-2032
13.    India Roofing Market Structure

Key Questions Answered in the Report

The market is projected to grow at a CAGR of 7% between 2024 and 2032.

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 14,669.58 million by 2032.

The major drivers of the market include the rapid urbanisation, increasing infrastructure investments, growing population, and rapid technological advancements.

Advancements in roofing technologies, the growing popularity of green roofing, and the ease of installation and upgradation offered by innovative roofing are the key trends propelling the market growth.

The major regions in the market are North, East, West, and South India.

Bituminous, tiles, metal, and plastic, among others, are the major roofing materials in the market.

The major types of roofing considered in the market report are flat roof and slope roof.

Residential, commercial, and industrial are the different end use sectors of the product.

The major players in the market 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.

Analyst Review

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 2024-2032. The market is projected to reach USD 14,669.58 million by 2032.

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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