Roofing Market Analysis 2021 to 2031
Roofing Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 267.35 Billion |
Market Size by 2031 | US$ 379.33 Billion |
Global CAGR (2023 - 2031) | 4.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Material
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Roofing Market News and Recent Developments
The roofing market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the roofing market are listed below:
- Russell Roof Tiles (RRT), a concrete roof tile manufacturer, has announced an £18.5 million (US$ 22.8 million) investment in a new factory, doubling output at its Burton site. The company supplies products for housebuilders, and high-profile social housing and commercial projects. It produces thousands of concrete roof tiles and accessories used on roofs every week. The expansion will help Russell Roof Tiles meet the burgeoning demand for its products to satisfy the UK's house-building industry. The new project at the Burton site represents a multinational coordination of suppliers from Sweden, Denmark, Germany, and British suppliers. The investment will create 25–30 skilled and semi-skilled jobs in engineering and maintenance. (Source: Russell Building Products Limited, Press Release, May 2023)
Roofing Market Report Coverage and Deliverables
The "Roofing Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Roofing market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Roofing market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Roofing market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the roofing market
- Detailed company profiles