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Peru Roofing Market Size, Share, Growth, Forecast: By Type: Bituminous, Metal, Tiles, Green Roof, Wood Shingles, Others; By Roof Shape: Flat, Slope; By Application: Residential, Commercial, Industrial; Regional Analysis; Market Dynamics: SWOT Analysis; Competitive Landscape; Key Trends and Developments in the Market; 2023-2028
Peru Roofing Market Outlook
The Peru roofing market size is expected to grow at a CAGR of 4.0% between 2023 and 2028.The market is being driven by the rising population and increasing construction and infrastructural development activities.
Key Trends in the Market
Roofing refers to the formation of the structure covering the upper portion of a building or other architectural structure. The main function of roofing is to provide protection to the occupants from the external elements; however, roofing also aids in provision of insulation, heat protection, and privacy, among others.
- Rising investments by the government of Peru for strengthening the infrastructure of the country is a key trend propelling the growth of the Peru roofing market. Various public work projects including the construction of schools and hospitals, among others, have been undertaken by the government.
- Industrial development and rising population are bolstering the demand for roofing in Peru, furthermore, investments in new production capacities by some of the local larger companies in cement is also increasing. This, in turn, is anticipated to positively impact the growth of the roofing market in Peru.
- Expansion of roofing market key players in Peru is expected to support the growth of the market in the coming years, by providing a steady supply of roofing materials, reducing shipping costs and delays. Local productions would also increase the supply of roofing targeted for Peru requirements.
Market Analysis
Based on type, the market is segmented into bituminous, metal, tiles, green roof, and wood shingles, among others. On the basis of roof shape, the market is bifurcated into flat and slope. Based on application, the market is divided into residential, commercial, and industrial.
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. The report gives a detailed analysis of the following key players in the Peru roofing market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
- Owens Corning
- GAF Materials LLC
- Etex Group (Eternit Peru)
- Arcotecho Peru
- Ajover S.A.S
- Klar
- Others
Market Share by Roof Shape
The flat segment accounts for a sizable share of the Peru roofing market based on roof shape, as flat roofs are common in the country from a cultural perspective and as they aid in keeping interiors cool. The energy efficiency of flat roofs is higher and are often known as cool roofs as these roofs have significantly large potential reflective surface area. Flat roofs are more solar friendly as they provide more direct sunlight to the solar panels and are cost effective as the installation charges are significantly lower. As vast areas of the nation have relatively limited rainfall, flat roofs offer adequate protection to interiors.
Competitive Landscape
Owens Corning is a wholesale building materials company that was founded in 1938 and is based in Ohio, United States. Their specialities include residential and commercial building materials and engineered materials for composites systems, among others.
GAF Materials LLC is a wholesale building materials company that was established in 1886 and is headquartered in New Jersey, United States. They are focused on the manufacturing of roofing materials for commercial and residential applications.
Ajover S.A.S was founded in 1961 and is based in Distrito Especial, Colombia. The company is known for manufacturing disposable packaging products, construction materials and decorative products, pulp products, and bags and foils, among others.
Other market players include Etex Group (Eternit Peru), Arcotecho Peru, and Klar, among others.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2022 |
| Historical Period | 2018-2022 |
| Forecast Period | 2023-2028 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Type |
|
| Breakup by Roof Shape |
|
| Breakup by Application |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*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 Market 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 Market Snapshot
7 Opportunities and Challenges in the Market
8 Peru Roofing Market Overview
8.1 Key Industry Highlights
8.2 Peru Roofing Historical Market (2018-2022)
8.3 Peru Roofing Market Forecast (2023-2028)
9 Peru Roofing Market by Type
9.1 Bituminous
9.1.1 Historical Trend (2018-2022)
9.1.2 Forecast Trend (2023-2028)
9.2 Metal
9.2.1 Historical Trend (2018-2022)
9.2.2 Forecast Trend (2023-2028)
9.3 Tiles
9.3.1 Historical Trend (2018-2022)
9.3.2 Forecast Trend (2023-2028)
9.4 Green Roof
9.4.1 Historical Trend (2018-2022)
9.4.2 Forecast Trend (2023-2028)
9.5 Wood Shingles
9.5.1 Historical Trend (2018-2022)
9.5.2 Forecast Trend (2023-2028)
9.6 Others
10 Peru Roofing Market by Roof Shape
10.1 Flat
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 Slope
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
11 Peru Roofing Market by Application
11.1 Residential
11.1.1 Historical Trend (2018-2022)
11.1.2 Forecast Trend (2023-2028)
11.2 Commercial
11.2.1 Historical Trend (2018-2022)
11.2.2 Forecast Trend (2023-2028)
11.3 Industrial
11.3.1 Historical Trend (2018-2022)
11.3.2 Forecast Trend (2023-2028)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Owens Corning
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 GAF Materials LLC
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Etex Group (Eternit Peru)
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Arcotecho Peru
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 Ajover S.A.S
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Klar
13.2.6.1 Company Overview
13.2.6.2 Product Portfolio
13.2.6.3 Demographic Reach and Achievements
13.2.6.4 Certifications
13.2.7 Others
14 Key Industry Events and Developments
List of Key Figures and Tables
1. Peru Roofing Market: Key Industry Highlights, 2018 and 2028
2. Peru Roofing Historical Market: Breakup by Type (USD Million), 2018-2022
3. Peru Roofing Market Forecast: Breakup by Type (USD Million), 2023-2028
4. Peru Roofing Historical Market: Breakup by Roof Shape (USD Million), 2018-2022
5. Peru Roofing Market Forecast: Breakup by Roof Shape (USD Million), 2023-2028
6. Peru Roofing Historical Market: Breakup by Application (USD Million), 2018-2022
7. Peru Roofing Market Forecast: Breakup by Application (USD Million), 2023-2028
8. Peru Roofing Market Structure
Key Questions Answered in the Report
The market is expected to grow at a CAGR of 4.0% between 2023 and 2028.
The major market drivers include rising infrastructural investments by the government, increasing population, and growing industrial development.
The key trends fuelling the growth of the market include private investments, as they are propelling the growth of key construction industries in the country, and introduction of programmes to provide housing loans to middle and lower-middle income families.
The major types of roofing in the market include bituminous, metal, tiles, green roof, and wood shingles, among others.
The significant applications of roofing in Peru are residential, commercial, and industrial.
Light-coloured and white roofs reflect heat rays from the sun and aid in keeping upper floors of the building cool during warm weather.
The primary roof shapes in the market are flat and slope.
The key players in the Peru roofing market, according to the report, are Owens Corning, GAF Materials LLC, Etex Group (Eternit Peru), Arcotecho Peru, Ajover S.A.S, and Klar, among others.
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