Residential Roofing Industry Analysis
It also highlights major market segments and key manufacturers.
Residential roofing industry analysis. Extensive analysis of the roofing market is conducted by following key product positioning and monitoring of the top competitors within the market framework. Residential roofing materials market by product. The global roofing materials market size was estimated at usd 119 7 billion in 2019 and is expected to register a cagr of 3 0 over the forecast period. Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld.
An overview of the residential roofing market in north america. Residential roofing materials. The section offers great insights such as market revenue and market share of the global residential building used steel roofing market. A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
The research report on residential roofing industry market offers a granular analysis on existing market trends as well as drivers that are slated to catalyze the market growth during the forecast period. The north american residential roofing materials market is expected to grow from nearly 6 5 billion in 2015 to 7 8 billion by 2020 with a compound annual growth rate cagr of 3 8 for the period of 2015 2020. Each region is exhaustively researched about so that players can use the analysis to tap into unexplored markets and plan powerful strategies to gain a foothold in lucrative markets. However not all roofing materials are created equal and consumers and roofing contractors will gravitate to certain materials known for their durability energy efficiency and ease of installation.
The global roofing market forecast analysis from 2020 to 2027 is included in the report. Growth will be boosted by an increase in housing starts which will fuel demand for roofing as well as other building products. The report explains a competitive edge over players competitors. Banks consultants sales marketing teams accountants and students all find value in ibisworld.
Get up to speed on any industry with comprehensive intelligence that is easy to read. Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion. Majority of contractors are centered in the following states. Leading as well as prominent players of the global market are broadly studied on the basis of key factors.
The residential roofing market is expected to grow as more of the nation s older residences reach the end of their life spans and need to be replaced. The regional analysis section of the report offers a comprehensive analysis of the global residential roofing materials market on the basis of region.