Us Roofing Market Size
The global roofing materials market size was estimated at usd 119 7 billion in 2019 and is expected to register a cagr of 3 0 over the forecast period.
Us roofing market size. Ibisworld s statistic shows that as of 2020 the market size of the roofing contractors industry is 48 1bn a decline of 4 44 from 2019. Increasing investments in the renovation and redevelopment of residential and commercial buildings are expected to drive the market growth. 1 executive summary executive summary. 2 1 key findings key findings.
Roofing offers protection from heat rain and other atmospheric conditions. Roofing contractors in the us industry trends 2015 2020 roofing contractors in the us industry outlook 2020 2025 poll average industry growth 2020 2025. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. The report provides size in terms of volume and value of the metal roofing market for the base year 2017 and the forecast for the period between 2018 and 2026.
131 pages the global roofing market is projected to reach usd 270 40 billion by 2026 at a cagr of 4 9 from 2016 to 2026. What is the market size of the roofing contractors industry in the us. Current market there are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion. Industry market research reports statistics analysis data trends and forecasts.
A roof is a structure that covers the houses or buildings and protects their interior and exterior. Figure 1 1 us roofing market. The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9. Industry market size for roofing contractors.
Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion. Market numbers have been estimated based on type metal type construction type and end user segments of the market. Roofing market outlook 2027 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.