Roofing Industry Size

Professional contractors asphalt shingle manufacturers and makers of other roofing products from across north america discuss topics of interest to both contractors and homeowners such as trends in the roofing industry.

Roofing industry size.

At the most recent ire roofing contractor magazine sponsored a state of the roofing industry report. This freedonia industry study analyzes the 91 50 million squares us commercial roofing industry. Roofing industry statistics and trends the roofing industry is expected to grow to 5 3 billion over the next several years. Key market insights listen to audio version the global roofing materials market size was usd 119 69 billion in 2019 and is projected to reach usd 151 49 billion by 2027 registering a cagr of 3 1 during the forecast period.

Emerging economies such as india china indonesia and vietnam are witnessing a rapid rise in demand for residential structures. The global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. A detailed study of business strategies for the growth of the residential roofing industry market leading players. Revealing study about the growth area of residential roofing industry market for prospective years.

Increasing investments in the renovation and redevelopment of residential and commercial buildings are expected to drive the market growth. The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. The residential roofing industry market recent innovations and major events.

Roofing market outlook 2027. Recovery in the commercial and industrial segments are projected to increase in roofing demand. Roofing offers protection from heat rain and other atmospheric conditions. A roof is a structure that covers the houses or buildings and protects their interior and exterior.

Get more information on this report. Market size industry statistics. Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. 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.