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Roofing Market Is Projected To Grow Significantly At A CAGR of 3.55% During Forecast Period 2018-2023

Roofing Market Is Anticipated to Register a Significant CAGR over a Forecast Period 2018-2023


The global roofing market is expected to register a 3.55% CAGR during the forecast period of 2018 to 2023. In 2017, the market was led by Asia-Pacific with a 30.13% share, followed by North America with a share of 26.04%. The factors responsible for the growth of the market are increasing investments in the construction industry and rapid urbanization.

The global roofing market has been segmented based on roofing, application, and region. On the basis of roofing, the tiles segment accounted for the largest share of 23.42% in 2017. Based on application, the residential segment accounted for the largest share of 39.63%. The growth of the Roofing Market is driven by the rise in construction activities and increased use of synthetic roofing products. However, the growth of the market can be hindered by fluctuating raw material prices and lack of skilled labor. The need for energy-efficient roofs is an opportunity in the market.

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The “Global Roofing Market Analysis to 2023” is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of Roofing market with detailed market segmentation by component, enterprise size, industry vertical, and geography. The global Roofing market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Roofing market players and offers key trends and opportunities in the market.


The global Roofing market is segmented on the basis of component, enterprise size, and industry vertical. Based on component, the market is segmented as type and services. On the basis of the enterprise size, the market is segmented as SMEs and large enterprises. The market on the basis of the industry vertical is classified as IT & telecom, BFSI, retail, government and defense, education, healthcare, travel and hospitality, and others.


The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global Roofing market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2023 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Roofing market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting Roofing market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the xx market in these regions.

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The reports cover key developments in the Roofing market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from Roofing market are anticipated to lucrative growth opportunities in the future with the rising demand for Roofing in the global market. Below mentioned is the list of few companies engaged in the Roofing market.

The report also includes the profiles of key Roofing companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.

Companies Mentioned in This Research:

Atlas Roofing Corporation (US), BMI Group Services GmbH (US), Carlisle Companies Inc. (US), CertainTeed Corporation (US), Duro-Last, Inc. (US), Etex SA (Belgium), Firestone Building Products Company (US), GAF Materials Corporation (US), North American Roofing Services, Inc. (US), Owens Corning (US), TAMKO Building Products, Inc. (Tamko) (US), and Wienerberger AG (Austria)

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