Residential Roofing Market : size was valued at US$ 10.36 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 4.7% from 2023 to 2029, reaching nearly US$ 14.29 Bn.
Residential Roofing Market Overview
The Residential Roofing market report published by MMR encompasses various segments that offer up-to-date business data and insights into the industry’s future through careful assessment and examination. Titled as the Residential Roofing Market Report 2021, the report categorizes the market by manufacturer, type, application, and region. It provides an in-depth analysis, revenue statistics, and other crucial data about the global Residential Roofing industry. The report also covers various trends, drivers, limitations, opportunities, and threats that the market is expected to face during the forecast period.
Residential Roofing Market Scope
The Residential Roofing market report covers the forecast period from 2022 to 2029, with 2021 as the base year. The market size in terms of value and volume for 2021 is estimated based on actual figures and outputs of prominent players worldwide. The market trends from the past five years, specifically from 2016, are taken into account while projecting the market outlook for the period of 2022 to 2029. However, the year 2021 is analyzed separately, considering the impact of regional lockdown measures.
Furthermore, the report provides a comprehensive analysis of the Residential Roofing industry, including market segmentation based on product type, applications, end-use, and region. It incorporates an examination of historical market dynamics from 2018 to 2021, enabling readers to compare past trends with the current market scenarios and understand the contributions of key players.
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Segmentation
by Type
Asphalt Shingles
Metal Roofing
Solar tiles
Clay and Concrete tiles
Build roofing
Others
The market is divided into Asphalt Shingles, Metal Roofing, Solar Tiles, Clay and Concrete Tiles, Build Roofing, and Other segments based on Type. By 2029, the asphalt shingle segment is anticipated to have the biggest market share, accounting for xx%. Asphalt shingles are frequently utilized in the residential roofing industry. Spending on residential building is predicted to increase, which will aid economic expansion.
Recent years have seen a sharp increase in demand for high-performance laminated asphalt shingles due to rising demand for roofing materials that can withstand strong winds, impacts, and weather-related damage. New housing is primarily produced by single-family homes. Their substantial profits would increase demand for asphalt shingles, which builders favor because to their low cost and simplicity of installation.
by Application
Reroofing
New Construction Roofing
The market is divided into two categories: new construction roofing and roofing for re-roofing. The roofing segment is anticipated to expand quickly between 2022 and 2029, with a CAGR of . Residential roofing projects have led to a big demand for asphalt shingles in recent years due to the numerous instances of bad weather occurrences that were observed in numerous locations throughout various areas. The largest market for asphalt shingles is anticipated to be residential reroofing during the course of the forecast period.
There are numerous older homes in the United States, many of which have three-tab shingles that do not meet modern building codes. Before renewing a policy, insurers may demand that homeowners swap out old, less resilient laminated asphalt shingles with newer, stronger ones.
by Roofing Pattern
Flat Roof
Slope Roof
- Residential Roofing Market: Research Methodology
- Residential Roofing Market: Executive Summary
- Market Overview and Definitions
- Introduction to Residential Roofing Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Residential Roofing Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Residential Roofing Market Segmentation
- Residential Roofing Market, by Type (2021-2029)
Residential Roofing Market, by Application (2021-2029) - Residential Roofing Market, by Roofing Pattern(2021-2029)
- Residential Roofing Market(2021-2029)
- Residential Roofing Market, by Type (2021-2029)
Residential Roofing Market, by Application (2021-2029)
Residential Roofing Market, by Roofing Pattern(2021-2029) - Residential Roofing Market, by Country (2021-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Players
1 GAF Materials Corporation
2 Atlas Roofing Corporation
3 Owens Corning
4 Braas Monier Building Group
5 Etex
6 Boral Ltd.
7 TAMKO Building Products
8 Saint Gobain SA
9 Johns Manville
10 Carlisle Companies Inc.
11 Knauf Insulation Inc.
12 BASF SE
13 Certain Teed
14 Royal Group Inc.
15 Rockwool Group
16 Lapolla
17 Bayer
18 Sika Sarnafil Inc.
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Regional Analysis
The Residential Roofing market report provides comprehensive insights and understanding of the current trends, dynamics, and key issues within the market. It highlights the most significant developments that impact the industry, helping readers stay informed about the latest advancements. The report aids in identifying the crucial information presented and assessing the competitive landscape of major companies, analyzing Residential Roofing market dynamics, and other factors that assist in formulating effective marketing strategies.
Key Questions answered in the Residential Roofing Market Report are:
- What is Residential Roofing Market?
- What is the forecast period of the Residential Roofing Market?
- What is the competitive scenario of the Residential Roofing market?
- Which region held the largest market share in the Residential Roofing Market?
- What are the opportunities for the Residential Roofing Market?
- What factors are affecting the Residential Roofing market growth?
- Who are the key players of the Residential Roofing market?
- Which company held the largest share in the Residential Roofing market?
- What will be the CAGR of the Residential Roofing market during the forecast period?
- What key trends are likely to emerge in the Residential Roofing market in the coming years?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Residential Roofing#
- Landscape- Leading key players and other prominent key players.
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