According to IMARC Group latest report titled “India Roofing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a comprehensive analysis of the industry, which comprises insights on roofing market share in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India roofing market is expected to exhibit a CAGR of 7% during 2022-2027.
Roofing represents the procedures used to construct a top covering of a building. They are made using several materials, including slate, plastic cement, tiles, metals, copper, ridge cap, base ply, sheet, etc. Roofing products improve the durability of a building and offer protection against harsh environmental conditions, such as scorching sun rays and severe storms, rain, and wind. Consequently, they find extensive applications in residential, commercial, and industrial sectors across India.
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The growing number of housing units, on account of the expanding population, is among the key factors driving the India roofing market. In line with this, the elevating need for commercial and retail office spaces, owing to the rise in economic activities, is acting as another significant growth-inducing factor. Apart from this, the inflating investments by government bodies aimed at building leisure parks, urban transport, and education and healthcare infrastructure and the rising installation of clear roofing panels in sunrooms, patios, and places that require natural light through the roof are also positively influencing the market growth. Moreover, the shifting preferences toward using corrugated roofing sheets for their strong, durable, and eco-friendly construction that provide reliable utility and enhanced strength is further stimulating the market across the country. Besides this, the emerging trend of green building that involves the usage of zinc-aluminum coated sheets to ensure excellent atmospheric resistance and the introduction of polycarbonate roofing sheets that are weather resistant, easy to install in large-scale commercial and industrial buildings, and available in numerous textures and designs with low maintenance requirements are anticipated to propel the India roofing market in the coming years.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
- Bansal Roofing Products Limited
- CK Birla Group
- Everest Industries Limited
- Hindalco Industries Ltd.
- JWS Steel Coated Products Limited
- Tata Bluescope Steel
India Roofing Market Segmentation:
Our report has categorized the market based on region, material type, type and application.
Breakup by Material Type:
Breakup by Type:
- Flat Roof
- Slope Roof
Breakup by Application:
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
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