Peru Roofing Market Report and Forecast 2024-2032

Peru Roofing Market Outlook

The Peru roofing market size is expected to grow at a CAGR of 4.0% between 2024 and 2032.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.

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• 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.

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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.

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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