+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Global Roofing Market Report 2023-2027

  • PDF Icon

    Report

  • 479 Pages
  • May 2023
  • Region: Global
  • The Freedonia Group
  • ID: 5793936

This report includes demand data (2012, 2017, and 2022), forecasts (2027 and 2032), and annual historical and forecast data from 2019 to 2026 by market and application.

Global demand for roofing products is forecast to increase 2.1% per year to 15.6 billion square meters in 2027, driven by:

  • significant growth in building construction activity in the Asia/Pacific and Africa/Mideast regions
  • homeowners and building owners preemptively replacing their roofs with more environmentally friendly products and cool roofing in order to reduce energy use or meet regulations, which will result in increased use of solar, green, and single-ply roofing products

However, market value growth will see a sharp deceleration from a high 2022 base that resulted from inflationary pressures and pandemic-related supply chain issues. Going forward, roofing prices will experience a major correction in 2023 and moderate through 2027 with the prices of several roofing materials seeing aggregate declines in prices.

This report covers roofing demand by region, country, market and application, and product, as well as roofing production. Demand data are presented in both square meters and US dollars, while production estimates are presented in US dollar terms.

The markets broken out are:

  • New residential
  • Residential reroofing
  • New nonresidential
  • Nonresidential reroofing

The major products analyzed are:

  • Tile
  • Bituminous
  • Asphalt Shingles
  • Metal
  • Plastic Single-Ply
  • Rubber Single-Ply
  • Fiber Cement
  • Other (e.g., bamboo, thatch, wood, solar, green roofs)

Scope of the Report

This industry study analyzes the $130 billion global roofing industry. It presents historical demand data (2012, 2017, and 2022), forecasts (2027 and 2032), and annual historical and forecast data from 2019 to 2026 by market and application (new residential, residential reroofing, new nonresidential, and nonresidential reroofing) and product (tile, bituminous, asphalt shingles, metal, plastic single-ply, rubber single-ply, fiber cement, and small volume roofing products). The study discusses the impact of the COVID-19 pandemic. The study also evaluates company market share and competitive analysis on such industry players as including Beijing Oriental Yuhong Waterproof Technology, Berkshire Hathaway (Johns Manville), BlueScope Steel, Carlisle, Etex, Holcim Group, IKO Group, Owens Corning, Saint-Gobain, Siam Cement, Sika, Standard Industries (Braas Monier, Icopal, GAF Materials), and Wienerberger Baustoffindustrie.

Single-Ply Roofing Products to Gain Market Share

Both plastic and rubber single-ply roofing products are expected to gain share in the global roofing market through 2027, mostly at the expense of bituminous membranes. The favorable performance properties of most single-ply products relative to bituminous roofing will be the primary drivers of this trend. Demand for plastic single-ply roofing membranes will be promoted by:

  • rising use of self-adhesive single-ply membranes because of their ease of installation - an important consideration for time-pressed contractors often dealing with less experienced crews
  • their ability to be used as cool roofing
  • manufacturer efforts to offer products with thicker scrims that impart enhanced resistance to impacts and tears

Solar & Green Roofing Products to Post Robust Gains

Although they will continue to account for a small share of global roofing, demand for solar and green roofing products will rise at a rapid rate, supported by an ongoing shift to more energy-efficient roofing products in both residential and nonresidential structures throughout the world:

  • Demand for solar roofing is expected to increase greatly through 2027, fueled by efforts in the US and Western Europe to improve energy efficiency and combat climate change. For instance, California has instituted building codes that encourage, or in some cases require, the installation of solar power on buildings. Sales will also be boosted by falling prices for solar roofing, making this product increasingly attractive to homeowners and building owners looking to reduce their utility bills and carbon footprint.
  • Green roofing will also experience sizable growth through 2027, bolstered by their increasing use in a number of high-income countries and building code requirements in some countries (e.g., Canada and China) that mandate their use on certain types of buildings.

Table of Contents

1. Executive Summary
2. Impact of COVID-19 Pandemic
  • COVID-19 General Trends
  • Impact on the Economy
  • Impact on the Construction Industry
  • Impact on the Roofing Industry
3. Overview
  • Study Scope
  • Historical Market Trends
  • Regional Trends
  • Demand (Square Meters)
  • Demand (Market Value)
  • Production
  • International Trade
  • Product Overview
  • Pricing
4. Factors Impacting Roofing Demand
  • Building Construction Outlook
  • Climate & Weather
  • Building Codes & Regulations
  • Product Lifespans
  • Installation Issues
  • Availability of Trained Labor
  • Jobsite Safety
  • Roof Slope
  • Sustainability
  • Recycling & Recycled Content
  • Energy Efficiency
  • Cool Roofing
  • Technology & New Product Development
  • Asbestos & Health Concerns
5. Tile Roofing
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Product Trends
  • Demand by Product
  • Clay & Porcelain Tile
  • Concrete Tile
  • Leading Suppliers
6. Bituminous Roofing
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Product Trends
  • Demand by Product
  • Built-Up Roofing (BUR)
  • Modified Bitumen Roofing (MBR)
  • Leading Suppliers
7. Asphalt Shingles
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Product Trends
  • Leading Suppliers
8. Metal Roofing
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Product Trends
  • Leading Suppliers
9. Single-Ply Roofing
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Product Trends
  • Demand by Product
  • Plastic Single-Ply Roofing
  • Rubber Single-Ply Roofing
  • Leading Suppliers
10. Fiber Cement Roofing
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Leading Suppliers
11. Small Volume Roofing Products
  • Scope & Product Description
  • Regional Trends
  • Markets
  • Small Volume Roofing Products (Solar, Green, Wood Shingles & Shakes, All Other Roofing Products)
  • All Other Small Volume Roofing Products
  • Composite Roofing
  • Slate Roofing
  • Liquid-Applied Roofing Coatings
  • Tensioned Fabric Roofing
  • Bamboo & Thatch Roofing
  • SPF
12. Markets
  • Demand by Market
  • Residential Roofing
  • Market Scope
  • Regional Trends
  • New Roofing
  • Reroofing
  • Nonresidential Roofing
  • Market Scope
  • Regional Trends
  • New Roofing
  • Reroofing
13. North America
  • North America: Roofing Market Size & Historical Trends
  • North America: Supply & Demand
  • North America: Demand by Product
  • North America: Demand by Market
  • North America: Market Share
  • United States
  • United States: Roofing Market Size & Historical Trends
  • United States: Supply & Demand
  • United States: Demand by Product
  • United States: Demand by Market
  • United States: Suppliers
  • Mexico
  • Mexico: Roofing Market Size & Historical Trends
  • Mexico: Supply & Demand
  • Mexico: Demand by Product
  • Mexico: Demand by Market
  • Mexico: Suppliers
  • Canada
  • Canada: Roofing Market Size & Historical Trends
  • Canada: Supply & Demand
  • Canada: Demand by Product
  • Canada: Demand by Market
  • Canada: Suppliers
14. Central & South America
  • Central & South America: Roofing Market Size & Historical Trends
  • Central & South America: Supply & Demand
  • Central & South America: Demand by Product
  • Central & South America: Demand by Market
  • Central & South America: Market Share
  • Brazil
  • Brazil: Roofing Market Size & Historical Trends
  • Brazil: Supply & Demand
  • Brazil: Demand by Product
  • Brazil: Demand by Market
  • Brazil: Suppliers
  • Other Central & South America
  • Other Central & South America: Roofing Market Size & Historical Trends
  • Other Central & South America: Supply & Demand
  • Other Central & South America: Demand by Product
  • Other Central & South America: Demand by Market
  • Other Central & South America: Demand by Country
  • Other Central & South America: Suppliers
15. Western Europe
  • Western Europe: Roofing Market Size & Historical Trends
  • Western Europe: Supply & Demand
  • Western Europe: Demand by Product
  • Western Europe: Demand by Market
  • Western Europe: Market Share
  • Germany
  • Germany: Roofing Market Size & Historical Trends
  • Germany: Supply & Demand
  • Germany: Demand by Product
  • Germany: Demand by Market
  • Germany: Suppliers
  • France
  • France: Roofing Market Size & Historical Trends
  • France: Supply & Demand
  • France: Demand by Product
  • France: Demand by Market
  • France: Suppliers
  • United Kingdom
  • United Kingdom: Roofing Market Size & Historical Trends
  • United Kingdom: Supply & Demand
  • United Kingdom: Demand by Product
  • United Kingdom: Demand by Market
  • United Kingdom: Suppliers
  • Italy
  • Italy: Roofing Market Size & Historical Trends
  • Italy: Supply & Demand
  • Italy: Demand by Product
  • Italy: Demand by Market
  • Italy: Suppliers
  • Spain
  • Spain: Roofing Market Size & Historical Trends
  • Spain: Supply & Demand
  • Spain: Demand by Product
  • Spain: Demand by Market
  • Spain: Suppliers
  • Other Western Europe
  • Other Western Europe: Roofing Market Size & Historical Trends
  • Other Western Europe: Supply & Demand
  • Other Western Europe: Demand by Product
  • Other Western Europe: Demand by Market
  • Other Western Europe: Demand by Country
  • Other Western Europe: Suppliers
16. Eastern Europe
  • Eastern Europe: Roofing Market Size & Historical Trends
  • Eastern Europe: Supply & Demand
  • Eastern Europe: Demand by Product
  • Eastern Europe: Demand by Market
  • Eastern Europe: Market Share
  • Russia
  • Russia: Roofing Market Size & Historical Trends
  • Russia: Supply & Demand
  • Russia: Demand by Product
  • Russia: Demand by Market
  • Russia: Suppliers
  • Other Eastern Europe
  • Other Eastern Europe: Roofing Market Size & Historical Trends
  • Other Eastern Europe: Supply & Demand
  • Other Eastern Europe: Demand by Product
  • Other Eastern Europe: Demand by Market
  • Other Eastern Europe: Demand by Country
  • Other Eastern Europe: Suppliers
17. Asia/Pacific
  • Asia/Pacific: Roofing Market Size & Historical Trends
  • Asia/Pacific: Supply & Demand
  • Asia/Pacific: Demand by Product
  • Asia/Pacific: Demand by Market
  • Asia/Pacific: Market Share
  • China
  • China: Roofing Market Size & Historical Trends
  • China: Supply & Demand
  • China: Demand by Product
  • China: Demand by Market
  • China: Suppliers
  • India
  • India: Roofing Market Size & Historical Trends
  • India: Supply & Demand
  • India: Demand by Product
  • India: Demand by Market
  • India: Suppliers
  • Indonesia
  • Indonesia: Roofing Market Size & Historical Trends
  • Indonesia: Supply & Demand
  • Indonesia: Demand by Product
  • Indonesia: Demand by Market
  • Indonesia: Suppliers
  • Japan
  • Japan: Roofing Market Size & Historical Trends
  • Japan: Supply & Demand
  • Japan: Demand by Product
  • Japan: Demand by Market
  • Japan: Suppliers
  • South Korea
  • South Korea: Roofing Market Size & Historical Trends
  • South Korea: Supply & Demand
  • South Korea: Demand by Product
  • South Korea: Demand by Market
  • South Korea: Suppliers
  • Australia
  • Australia: Roofing Market Size & Historical Trends
  • Australia: Supply & Demand
  • Australia: Demand by Product
  • Australia: Demand by Market
  • Australia: Suppliers
  • Thailand
  • Thailand: Roofing Market Size & Historical Trends
  • Thailand: Supply & Demand
  • Thailand: Demand by Product
  • Thailand: Demand by Market
  • Thailand: Suppliers
  • Other Asia/Pacific
  • Other Asia/Pacific: Roofing Market Size & Historical Trends
  • Other Asia/Pacific: Supply & Demand
  • Other Asia/Pacific: Demand by Product
  • Other Asia/Pacific: Demand by Market
  • Other Asia/Pacific: Demand by Country
  • Other Asia/Pacific: Suppliers
18. Africa/Mideast
  • Africa/Mideast: Roofing Market Size & Historical Trends
  • Africa/Mideast: Supply & Demand
  • Africa/Mideast: Demand by Product
  • Africa/Mideast: Demand by Market
  • Africa/Mideast: Market Share
  • Turkey
  • Turkey: Roofing Market Size & Historical Trends
  • Turkey: Supply & Demand
  • Turkey: Demand by Product
  • Turkey: Demand by Market
  • Turkey: Suppliers
  • Nigeria
  • Nigeria: Roofing Market Size & Historical Trends
  • Nigeria: Supply & Demand
  • Nigeria: Demand by Product
  • Nigeria: Demand by Market
  • Nigeria: Suppliers
  • Iran
  • Iran: Roofing Market Size & Historical Trends
  • Iran: Supply & Demand
  • Iran: Demand by Product
  • Iran: Demand by Market
  • Iran: Suppliers
  • Other Africa/Mideast
  • Other Africa/Mideast: Roofing Market Size & Historical Trends
  • Other Africa/Mideast: Supply & Demand
  • Other Africa/Mideast: Demand by Product
  • Other Africa/Mideast: Demand by Market
  • Other Africa/Mideast: Demand by Country
  • Other Africa/Mideast: Suppliers
19. Industry Structure
  • Key Findings & Industry Composition
  • Market Share
  • Mergers & Acquisitions
  • List of Industry Participants
20. Appendix
  • Report Details
  • Definitions
  • Abbreviations
  • The Methodology
  • Study-Specific Methodology
  • Data Changes from Previous Version
  • Sources
  • Associations & Agencies
  • Related Studies & Reports
  • Country Lists by Region
  • Macroeconomic Assumptions
  • Economic Environment
  • Demographic Trends
  • Global Building Construction Outlook
  • Global Residential Building Construction Outlook
  • Global Nonresidential Building Construction Outlook

Companies Mentioned

  • Beijing Oriental Yuhong Waterproof Technology
  • Berkshire Hathaway (Johns Manville)
  • BlueScope Steel
  • Carlisle
  • Etex
  • Holcim Group
  • IKO Group
  • Owens Corning
  • Saint-Gobain
  • Siam Cement
  • Sika
  • Standard Industries (Braas Monier, Icopal, GAF Materials)
  • Wienerberger Baustoffindustrie

Methodology

Loading
LOADING...