Global Roofing Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Materials and Chemicals.

By Application;

Residential, Commercial, Non-Residential and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn136495709 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Roofing Market (USD Million), 2021 - 2031

In the year 2024, the Global Roofing Market was valued at USD 116,796.07 million. The size of this market is expected to increase to USD 160,011.06 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The global roofing market encompasses a diverse range of materials and systems designed to provide shelter and protection for buildings across residential, commercial, and industrial sectors. Key factors driving the market include urbanization, construction activities, and increasing awareness about energy efficiency and sustainable building practices. As populations grow and urban areas expand, the demand for roofing solutions that can withstand various climatic conditions while offering aesthetic appeal continues to rise.

Roofing materials vary widely, with options such as asphalt shingles, metal roofing, tiles (including clay and concrete), and various types of membranes (like EPDM and TPO) dominating different regional markets based on local climate and architectural preferences. Innovations in roofing technologies focus on enhancing durability, thermal performance, and ease of installation, reflecting broader trends towards environmentally friendly and energy-efficient building practices.

Government regulations and incentives play a significant role in shaping the roofing market landscape, encouraging the adoption of sustainable roofing materials and systems that contribute to energy conservation and reduce environmental impact. As the construction industry evolves and consumer preferences shift towards resilient and eco-friendly solutions, manufacturers and suppliers in the global roofing market are increasingly focusing on product development, customization, and partnerships to meet these evolving demands effectively.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Roofing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Urbanization
        2. Increasing construction activities
        3. Rising disposable incomes
        4. Stringent building codes and regulations
        5. Growing awareness about energy efficiency
      2. Restraints
        1. Fluctuating raw material prices
        2. High initial installation costs
        3. Lack of skilled labor
        4. Environmental concerns
        5. Market saturation in developed regions
      3. Opportunities
        1. Technological advancements
        2. Growing demand for sustainable roofing solutions
        3. Expansion in emerging markets
        4. Renovation and remodeling activities
        5. Integration of smart technologies
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Roofing Market, By Type, 2021 - 2031 (USD Million)
      1. Materials
      2. Chemicals
    2. Global Roofing Market, By Application, 2021 - 2031 (USD Million)
      1. Residential
      2. Commercial
      3. Non-Residential
      4. Others
    3. Global Roofing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Owens Corning
      2. CertainTeed Corporation
      3. BMI Group
      4. Atlas Roofing Corporation
      5. Braas Monier Building Group
  7. Analyst Views
  8. Future Outlook of the Market