According to the report, the India roofing market attained a value of USD 7484 million in 2022. Aided by the rapid urbanisation and the growing construction industry, the market is projected to further grow at a CAGR of 7.0% between 2023 and 2028 to reach a value of USD 11191.35 million by 2028.
Roofing materials encompass a variety of products used to cover the top of a building or structure, providing protection against weather elements such as rain, snow, wind, and sunlight. The choice of roofing material depends on factors such as the desired aesthetics, durability, cost, and sustainability.
The rapid urbanisation and growth of the construction industry in India have led to a surge in demand for roofing materials. As the country continues to develop, there is an increasing need for housing, commercial spaces, and infrastructure projects. This growth in the construction sector has positively impacted the India roofing market, driving the demand for various roofing materials.
The government's focus on affordable housing and infrastructure development has further fuelled the India roofing market growth. Initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have been launched to address the housing and infrastructure needs of the rapidly urbanising population. These projects have significantly contributed to the demand for roofing materials in the country.
The growing awareness about sustainable construction practices is another key trend shaping the India roofing market. With increasing environmental concerns, there is a rising demand for eco-friendly roofing materials that reduce the carbon footprint and energy consumption of buildings. This has led to the emergence of innovative roofing solutions such as green roofs, cool roofs, and solar-integrated roofing systems.
The India roofing market is also witnessing a shift from traditional roofing materials such as clay tiles and asbestos cement sheets to more modern and innovative materials like metal, polymer, and composite roofing systems. This shift is primarily driven by the growing preference for durable and low-maintenance roofing solutions, as well as the increasing adoption of advanced building designs.
Roofing materials encompass a variety of products used to cover the top of a building or structure, providing protection against weather elements such as rain, snow, wind, and sunlight. The choice of roofing material depends on factors such as the desired aesthetics, durability, cost, and sustainability.
The rapid urbanisation and growth of the construction industry in India have led to a surge in demand for roofing materials. As the country continues to develop, there is an increasing need for housing, commercial spaces, and infrastructure projects. This growth in the construction sector has positively impacted the India roofing market, driving the demand for various roofing materials.
The government's focus on affordable housing and infrastructure development has further fuelled the India roofing market growth. Initiatives such as the Pradhan Mantri Awas Yojana (PMAY) and the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) have been launched to address the housing and infrastructure needs of the rapidly urbanising population. These projects have significantly contributed to the demand for roofing materials in the country.
The growing awareness about sustainable construction practices is another key trend shaping the India roofing market. With increasing environmental concerns, there is a rising demand for eco-friendly roofing materials that reduce the carbon footprint and energy consumption of buildings. This has led to the emergence of innovative roofing solutions such as green roofs, cool roofs, and solar-integrated roofing systems.
The India roofing market is also witnessing a shift from traditional roofing materials such as clay tiles and asbestos cement sheets to more modern and innovative materials like metal, polymer, and composite roofing systems. This shift is primarily driven by the growing preference for durable and low-maintenance roofing solutions, as well as the increasing adoption of advanced building designs.
Market Segmentation
The market can be divided based on material, type, end use, and region.Market Breakup by Material
- Bituminous
- Tiles
- Metal
- Plastic
- Others
Market Breakup by Type
- Flat Roof
- Slope Roof
Market Breakup by End Use
- Residential
- Commercial
- Industrial
Market Breakup by Region
- North
- East
- West
- South
Competitive Landscape
The report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the India roofing companies. Some of the major key players explored in the report are as follows:- Tata BlueScope Steel
- JWS Steel, Coated Products Limited
- Everest Industries Limited
- Bansal Roofing Products Limited
- Hindalco Ind Ltd
- CK Birla Group
- Others
Table of Contents
1 Preface2 Report Coverage - Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 India
7 Industry Opportunities and Challenges
8 Asia Pacific Roofing Market Overview
8.1 Key Industry Highlights
8.2 Asia Pacific Roofing Historical Market (2018-2022)
8.3 Asia Pacific Roofing Market Forecast (2023-2028)
8.4 Asia Pacific Roofing Market by Country
8.4.1 Market Share
8.4.1.1 China
8.4.1.2 India
8.4.1.3 Japan
8.4.1.4 Others
9 India Roofing Market Analysis
9.1 Key Industry Highlights
9.2 India Roofing Historical Market (2018-2022)
9.3 India Roofing Market Forecast (2023-2028)
9.4 India Roofing Market by Material
9.4.1 Bituminous
9.4.1.1 Market Share
9.4.1.2 Historical Trend (2018-2022)
9.4.1.3 Forecast Trend (2023-2028)
9.4.2 Tiles
9.4.2.1 Market Share
9.4.2.2 Historical Trend (2018-2022)
9.4.2.3 Forecast Trend (2023-2028)
9.4.3 Metal
9.4.3.1 Market Share
9.4.3.2 Historical Trend (2018-2022)
9.4.3.3 Forecast Trend (2023-2028)
9.4.4 Plastic
9.4.4.1 Market Share
9.4.4.2 Historical Trend (2018-2022)
9.4.4.3 Forecast Trend (2023-2028)
9.4.5 Others
9.5 India Roofing Market by Type
9.5.1 Flat Roof
9.5.1.1 Market Share
9.5.1.2 Historical Trend (2018-2022)
9.5.1.3 Forecast Trend (2023-2028)
9.5.2 Slope Roof
9.5.2.1 Market Share
9.5.2.2 Historical Trend (2018-2022)
9.5.2.3 Forecast Trend (2023-2028)
9.6 India Roofing Market by End Use
9.6.1 Residential
9.6.1.1 Market Share
9.6.1.2 Historical Trend (2018-2022)
9.6.1.3 Forecast Trend (2023-2028)
9.6.2 Commercial
9.6.2.1 Market Share
9.6.2.2 Historical Trend (2018-2022)
9.6.2.3 Forecast Trend (2023-2028)
9.6.3 Industrial
9.6.3.1 Market Share
9.6.3.2 Historical Trend (2018-2022)
9.6.3.3 Forecast Trend (2023-2028)
9.7 India Roofing Market by Region
9.7.1 Market Share
9.7.1.1 North
9.7.1.2 East
9.7.1.3 West
9.7.1.4 South
10 Regional Analysis
10.1 North
10.1.1 Historical Trend (2018-2022)
10.1.2 Forecast Trend (2023-2028)
10.2 East
10.2.1 Historical Trend (2018-2022)
10.2.2 Forecast Trend (2023-2028)
10.3 West
10.3.1 Historical Trend (2018-2022)
10.3.2 Forecast Trend (2023-2028)
10.4 South
10.4.1 Historical Trend (2018-2022)
10.4.2 Forecast Trend (2023-2028)
11 Market Dynamics
11.1 SWOT Analysis
11.1.1 Strengths
11.1.2 Weaknesses
11.1.3 Opportunities
11.1.4 Threats
11.2 Porter’s Five Forces Analysis
11.2.1 Supplier’s Power
11.2.2 Buyers Power
11.2.3 Threat of New Entrants
11.2.4 Degree of Rivalry
11.2.5 Threat of Substitutes
11.3 Key Indicators for Demand
11.4 Key Indicators for Price
12 Value Chain Analysis
13 Trade Data Analysis
13.1 Major Importing Countries
13.1.1 By Volume
13.1.2 By Value
13.2 Major Exporting Countries
13.2.1 By Volume
13.2.2 By Value
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Tata BlueScope Steel
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 JWS Steel, Coated Products Limited
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Everest Industries Limited
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Bansal Roofing Products Limited
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Hindalco Ind Ltd.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 CK Birla Group
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 Others
16 Industry Events and Developments
Additional Customisations Available
1 Manufacturing Process
1.1 Overview
1.2 Detailed Process Flow
1.3 Operation Involved
2 Cost Analysis
2.1 Raw Material
2.2 Transportation
2.3 Utilities
2.4 Manpower
2.5 Others
Companies Mentioned
- Tata BlueScope Steel
- JWS Steel, Coated Products Limited
- Everest Industries Limited
- Bansal Roofing Products Limited
- Hindalco Ind Ltd.
- CK Birla Group
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 93 |
| Published | March 2023 |
| Forecast Period | 2023 - 2028 |
| Estimated Market Value ( USD | $ 7996 Million |
| Forecasted Market Value ( USD | $ 11191.35 Million |
| Compound Annual Growth Rate | 7.0% |
| Regions Covered | India |
| No. of Companies Mentioned | 6 |
