According to IMARC Group latest report titled “India Roofing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a comprehensive analysis of the industry, which comprises insights on India Roofing Market. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India roofing market size reached US$ 6.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.7 Billion by 2028, exhibiting a growth rate (CAGR) of 6.64% during 2023-2028.
Roofing, a fundamental component of building construction, involves the assembly of various materials to create a protective barrier above a structure. This protective shield safeguards buildings from weather elements such as rain, wind, snow, and sun, thus playing a vital role in maintaining the overall integrity of the structure. Characterized by the type of material used, such as metal, asphalt, or tile, along with its design, pitch, and installation method, roofing systems are meticulously engineered to channel water away from the building. The properties of roofing materials may vary significantly based on factors such as durability, aesthetics, cost, and environmental considerations.
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Market Trends:
The market in India is primarily driven by the rapid expansion in construction activities across residential, commercial, and industrial sectors. In line with this, the introduction of innovative, energy-efficient materials is attracting builders and consumers who are increasingly conscious of sustainability and environmental impact. Moreover, considerable growth in disposable income levels among the urban population is fostering a preference for aesthetically appealing and high-quality roofing options. Additionally, the implementation of advanced technologies in roofing manufacturing is enhancing product quality and efficiency, leading to greater market acceptance. Furthermore, strategic collaborations and partnerships between domestic and international manufacturers enabling the availability of a wide array of roofing solutions is creating a positive market outlook.
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Competitive Landscape:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
- Bansal Roofing Products Limited
- CK Birla Group
- Everest Industries Limited
- Hindalco Industries Ltd.
- JWS Steel Coated Products Limited
- Tata Bluescope Steel
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India Roofing Market Segmentation:
Our report has categorized the market based on region, material type, type and application.
Breakup by Material Type:
- Bituminous
- Tiles
- Metal
- Plastic
- Others
Breakup by Type:
Breakup by Application:
- Residential
- Commercial
- Industrial
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Key highlights of the report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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