The COVID-19 epidemic had a net beneficial effect on the gutter guard business in the North America. In 2020, demand soared, owing in large part to a boom in house renovation activity in the second half of the year. Because gutter guards are most typically purchased for house improvement and repair applications - which accounted for 85% of total demand in 2020 - the surge in home upgrades boosted gutter guard demand.
Gutter and downspout product demand is expected to reach USD 6.0 billion in 2022, driven by healthy growth in construction activity. While linear foot gains are expected to slow due to a slowing in residential improvement and repair activity, gutter suppliers and contractors can increase their competitiveness by expanding their product lines to include new colours and styles.
Gutter guards demand is heavily influenced by improvement and repair activity, particularly in residential buildings in North America. Increased reroofing activity drove strong sales growth from 2012 to 2017. As the economy recovered following the recession, homeowners began to undertake more reroofing projects, which frequently included gutter replacement.
In North America, the market for steel and aluminum gutter guards products is highly price competitive, so higher prices may become a issue for contractor’s competitive advantage.
Hip Roofs or Hipped Roofs are the second most popular or commonly used style of roof in North America. A hipped roof is characterized by the fact that it slopes down from all four sides to the walls and has no vertical sides. A hipped roof is suitable for longevity because it is one of the most aerodynamic styles and can withstand hurricanes and hail better than flat roofs. Hip style roofs slope on all four sides of the home and typically require gutters along each slope, whereas a gable roof only requires gutters on two sides of the home.
As a result, more newly built homes will require greater lengths of gutter and downspout products than their predecessors, boosting new sales and expanding the consumer base for replacement sales going forward.
In 2020, 52% of homeowners who renovated their home. Home renovation is when homeowners choose to remodel their home. These changes can be exterior or interior, as well as property improvements. Renovating a home can also include adding amenities or fixing what is already there. Home maintenance is a vital aspect of being a homeowner, so the home remains safe to live in. However, there are also aesthetic purposes to home renovations. Home rennovations in North America is driving the Gutter Guard Market
The report includes an overview of Gutter Guards comapnies operating across North America. We wish to present detailed profiling of a few major companies which cover product offerings, regulations governing them, their headquarters, and financial performance. Currently some of the amjor players dominating the market are listed below
This product will be delivered within 2 business days.
Gutter and downspout product demand is expected to reach USD 6.0 billion in 2022, driven by healthy growth in construction activity. While linear foot gains are expected to slow due to a slowing in residential improvement and repair activity, gutter suppliers and contractors can increase their competitiveness by expanding their product lines to include new colours and styles.
Gutter guards demand is heavily influenced by improvement and repair activity, particularly in residential buildings in North America. Increased reroofing activity drove strong sales growth from 2012 to 2017. As the economy recovered following the recession, homeowners began to undertake more reroofing projects, which frequently included gutter replacement.
In North America, the market for steel and aluminum gutter guards products is highly price competitive, so higher prices may become a issue for contractor’s competitive advantage.
Key Market Trends
Hip Roofs slope will drive the market
Hip Roofs or Hipped Roofs are the second most popular or commonly used style of roof in North America. A hipped roof is characterized by the fact that it slopes down from all four sides to the walls and has no vertical sides. A hipped roof is suitable for longevity because it is one of the most aerodynamic styles and can withstand hurricanes and hail better than flat roofs. Hip style roofs slope on all four sides of the home and typically require gutters along each slope, whereas a gable roof only requires gutters on two sides of the home.
As a result, more newly built homes will require greater lengths of gutter and downspout products than their predecessors, boosting new sales and expanding the consumer base for replacement sales going forward.
Home Renovations in North America
In 2020, 52% of homeowners who renovated their home. Home renovation is when homeowners choose to remodel their home. These changes can be exterior or interior, as well as property improvements. Renovating a home can also include adding amenities or fixing what is already there. Home maintenance is a vital aspect of being a homeowner, so the home remains safe to live in. However, there are also aesthetic purposes to home renovations. Home rennovations in North America is driving the Gutter Guard Market
Competitive Landscape
The report includes an overview of Gutter Guards comapnies operating across North America. We wish to present detailed profiling of a few major companies which cover product offerings, regulations governing them, their headquarters, and financial performance. Currently some of the amjor players dominating the market are listed below
Additional Benefits:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
This product will be delivered within 2 business days.
Table of Contents
1 INTRODUCTION
4 MARKET DYNAMICS
5 MARKET SEGMENTATION
6 COMPETITIVE LANDSCAPE
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Gutter guards America
- Leafless in Seattle
- Waterlock
- LeafFilter
- Gutterglove
- Homecraft Gutter Protection
- Raptor
- Amerimax
- Gutterstuff
- MasterShield*
Methodology
LOADING...
