Roofing Industry Trends

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Roofing industry trends.

Roofing offers protection from heat rain and other atmospheric conditions. Look for increased demand in the new construction sector of the roofing industry in the apac region. From 2011 2016 the roofing industry saw average annual growth of 1 8 creating revenues of 35 billion in the us alone. The research report on residential roofing industry market offers a granular analysis on existing market trends as well as drivers that are slated to catalyze the market growth during the forecast period.

While it has been around for a while metal roofing may have something of a rebirth in 2020. Professional contractors asphalt shingle manufacturers and makers of other roofing products from across north america discuss topics of interest to both contractors and homeowners such as trends in the roofing industry. The global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. Gone are the days of the dark gray and black shingles.

While these colors will never lose popularity. Market size industry statistics. The demand for synthetic roofing materials is one of the biggest trends our associates see regardless of region. 17 roofing industry statistics and trends roofing industry statistics and trends.

Companies introduce new roofing products to keep up with ever changing roofing market trends. Evolutionary and sometimes revolutionary improvements are often made. Get up to speed on any industry with comprehensive intelligence that is easy to read. Synthetic materials are a good fit for homeowners who want a more durable product that replicates the wood texture and natural color of traditional slates or shakes.

It also highlights major market segments and key manufacturers. Roofing trends in 2020 1. The re roofing market in north america and europe will also see increased levels of demand. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet.

Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld. The roofing industry is expected to grow to 5 3 billion over the next several. Industry market size for roofing contractors. This is certainly the case with asphalt shingles.