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Global Roofing Market Size, Share, Trends, Growth, Research: By Type: Asphalt Shingles, Metal, Tiles, Wood Shingles, Green Roofs, Others; By Application: Residential, Commercial; Installation Cost by Roof Type: Asphalt Shingles, Metal, Tiles; Regional Analysis; Market Dynamics: SWOT Analysis; Trade Data Analysis; Competitive Landscape; 2024-2032
Global Roofing Market Size
The global roofing market stood at a value of about USD 127.52 billion in 2023 backed by strong demand for roofing in the construction sector. The market is expected to further grow at a CAGR of 4.7% between 2024 and 2032 to reach a value of approximately USD 192.80 billion by 2032.
Roofing is an integral component of a residential, commercial, or industrial structure, which can protect the safety of the occupants. According to the roofing market report, the market for roofing is likely to witness an accelerated expansion, owing to the increasing deployment of roofing systems across urban and rural areas to reduce the impact of excessive moisture, restrict water seepage during rainy seasons, and prevent damage caused by pathogens such as structural mildew, mould, and bacteria, among others. Increasing concerns pertaining to the health of children and geriatrics in the residential sector is expected to intensify the roofing industry outlook.
Roofing is the process of applying an external covering on the roof of a building. The external covering can either be self-supporting or be supported by structures underneath it. According to the roofing industry analysis, the market for roofing in the United States contributed to a significant proportion of the market. Due to rapid urbanisation, technological innovations and a rise in construction activities, the roofing industry market size in the United States is projected to grow at a healthy pace and is expected to drive the demand for roofing globally. The rapidly growing construction industry in emerging economies like China, India and the Middle East is further expanding the roofing market size. New innovations like green and eco-friendly roofing are also gaining popularity, especially in countries like the United States, the United Kingdom, and Japan. Rising investments in the residential construction sector along with eco-friendly roofing innovations will make the residential sector one of the major application sectors in the industry, thereby, propelling the residential roofing market in the coming years.
Roofing Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
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 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Roofing Market Analysis
8.1 Key Industry Highlights
8.2 Global Roofing Historical Market (2018-2023)
8.3 Global Roofing Market Forecast (2024-2032)
8.4 Global Roofing Market by Type
8.4.1 Asphalt Shingles
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.2 Metal
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.3 Tiles
8.4.3.1 Historical Trend (2018-2023)
8.4.3.2 Forecast Trend (2024-2032)
8.4.4 Wood Shingles
8.4.4.1 Historical Trend (2018-2023)
8.4.4.2 Forecast Trend (2024-2032)
8.4.5 Green Roofs
8.4.5.1 Historical Trend (2018-2023)
8.4.5.2 Forecast Trend (2024-2032)
8.4.6 Others
8.5 Global Roofing Market by Application
8.5.1 Residential
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Commercial
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.6 Installation Cost by Roof Type
8.6.1 Asphalt Shingles
8.6.2 Metal
8.6.3 Tiles
8.7 Global Roofing Market by Region
8.7.1 North America
8.7.1.1 Historical Trend (2018-2023)
8.7.1.2 Forecast Trend (2024-2032)
8.7.2 Europe
8.7.2.1 Historical Trend (2018-2023)
8.7.2.2 Forecast Trend (2024-2032)
8.7.3 Asia Pacific
8.7.3.1 Historical Trend (2018-2023)
8.7.3.2 Forecast Trend (2024-2032)
8.7.4 Latin America
8.7.4.1 Historical Trend (2018-2023)
8.7.4.2 Forecast Trend (2024-2032)
8.7.5 Middle East and Africa
8.7.5.1 Historical Trend (2018-2023)
8.7.5.2 Forecast Trend (2024-2032)
9 North America Roofing Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Roofing Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Roofing Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Roofing Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Roofing Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Trade Data Analysis (HS Codes - 6905,6810,6807)
11.1 Major Importing Countries
11.1.1 By Volume
11.1.2 By Value
11.2 Major Exporting Countries
11.2.1 By Volume
11.2.2 By Value
16 Price Analysis
16.1 North America Price Trends (2018-2023) And Forecast (2024-2032)
16.1.1 Asphalt Shingles
16.1.2 Steel
16.1.3 Aluminium
16.1.4 Clay Tiles
16.1.5 Concrete Tiles
16.1.6 Slates
16.2 Europe Historical Price Trends (2018-2023) And Forecast (2024-2032)
16.2.1 Asphalt Shingles
16.2.2 Steel
16.2.3 Aluminium
16.2.4 Clay Tiles
16.2.5 Concrete Tiles
16.2.6 Slates
16.3 Asia Pacific Historical Price Trends (2018-2023) And Forecast (2024-2032)
16.3.1 Asphalt Shingles
16.3.2 Steel
16.3.3 Aluminium
16.3.4 Clay Tiles
16.3.5 Concrete Tiles
16.3.6 Slates
16.4 Latin America Historical Price Trends (2018-2023) And Forecast (2024-2032)
16.4.1 Asphalt Shingles
16.4.2 Steel
16.4.3 Aluminium
16.4.4 Clay Tiles
16.4.5 Concrete Tiles
16.4.6 Slates
16.5 Middle East and Africa Historical Price Trends (2018-2023) And Forecast (2024-2032)
16.5.1 Asphalt Shingles
16.5.2 Steel
16.5.3 Aluminium
16.5.4 Clay Tiles
16.5.5 Concrete Tiles
16.5.6 Slates
17 Competitive Landscape
17.1 Market Structure
17.3 Company Profiles
17.3.1 Carlisle Companies
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Demographic Reach and Achievements
17.3.1.4 Certifications
17.3.2 Owens Corning
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Demographic Reach and Achievements
17.3.2.4 Certifications
17.3.3 BMI Group
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Demographic Reach and Achievements
17.3.3.4 Certifications
17.3.4 Saint Gobain
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Demographic Reach and Achievements
17.3.4.4 Certifications
17.3.5 Wienerberger AG
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.5.3 Demographic Reach and Achievements
17.3.5.4 Certifications
17.3.6 Beacon Roofing Supply, Inc.
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.6.3 Demographic Reach and Achievements
17.3.6.4 Certifications
17.3.7 Duro-Last, Inc.
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Demographic Reach and Achievements
17.3.7.4 Certifications
17.3.8 Atlas Roofing Corporation
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.8.3 Demographic Reach and Achievements
17.3.8.4 Certifications
17.3.9 Sika AG
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Demographic Reach and Achievements
17.3.9.4 Certifications
17.3.10 GAF Materials LLC
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.10.3 Demographic Reach and Achievements
17.3.10.4 Certifications
17.3.11 Others
18 Key Trends and Developments in the Market
Additional Customisations Available
1 Value Chain Analysis
2 Manufacturing Process
2.1 Detailed Process Flow
2.2 Operations Involved
2.3 Mass Balance
3 Project Details and Cost Analysis
3.1 Land, Location, and Site Development
3.2 Construction
3.3 Plant Machinery
3.4 Raw Material
3.5 Packaging
3.6 Transportation
3.7 Utilities
3.8 Manpower
3.9 Other Capital Investment
List of Key Figures and Tables
1. Global Roofing Market: Key Industry Highlights, 2018 and 2032
2. Global Roofing Historical Market: Breakup by Type (USD Billion), 2018-2023
3. Global Roofing Market Forecast: Breakup by Type (USD Billion), 2024-2032
4. Global Roofing Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Roofing Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Roofing Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Roofing Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Roofing Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Roofing Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Roofing Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Roofing Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Roofing Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Roofing Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Roofing Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Roofing Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Roofing Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Roofing Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Major Importing Countries by Volume (2020)
19. Major Exporting Countries by Volume (2020)
20. Major Importing Countries by Value (2020)
21. Major Exporting Countries by Value (2020)
22. North America Historical Price Trends and Forecast 2018-2028
23. Europe Historical Price Trends and Forecast 2018-2028
24. Asia Pacific Historical Price Trends and Forecast 2018-2028
25. Latin America Historical Price Trends and Forecast 2018-2028
26. Middle East and Africa Historical Price Trends and Forecast 2018-2028
27. Global Roofing Market Structure
Key Questions Answered in the Report
In 2023, the global roofing market attained a value of approximately USD 127.52 billion.
The market is expected to grow at a CAGR of 4.7% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 192.80 billion by 2032.
The major drivers of the market include growing urbanisation, rising demand for houses, increasing population, rising construction activities particularly in the developing regions, favourable government initiatives, and growing technological advancements.
The key market trends guiding the growth of the roofing market include the rise in green building projects and increasing demand for green roofing.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The tiles segment represents the leading roofing type in the market.
Roofing finds wide applications in commercial and residential sectors.
Strong and durable materials such as asphalt shingles, metal, or tiles, among others, are used in roofing.
The other word for roofing is awning or covering.
Water leakage is one of the most common problems faced during roofing.
The major players in the roofing market are Carlisle Companies, Owens Corning, BMI Group, Saint Gobain, Wienerberger AG, Beacon Roofing Supply, Inc., Duro-Last, Inc., Atlas Roofing Corporation, Sika AG, and GAF Materials LLC, among others.
Analyst Review
The global roofing market attained a value of USD 127.52 billion in 2023, driven by increased construction activities and introduction of new housing schemes by the governments across the nations. Aided by the growing shift towards eco-friendly roofing, the market is expected to witness a further growth in the forecast period of 2024-2032 at a CAGR of 4.7% to reach an estimated value of USD 192.80 billion by 2032.
EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on its types, the industry can be segmented into asphalt shingles, metal, tiles, wood shingles, and green roofs, among others, with tiles segment accounting for the largest market share. On the basis of application, the industry is bifurcated into residential and commercial sector. The major regional markets for the product are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Carlisle Companies, Owens Corning, BMI Group, Saint Gobain, Wienerberger AG, Beacon Roofing Supply, Inc., Duro-Last, Inc., Atlas Roofing Corporation, Sika AG, and GAF Materials LLC, 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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