Roofing Tiles Market | Covid-19 Impact Analysis

Roofing Tiles Market Insights

Roofing Tiles Market is likely to witness an impressive CAGR of 6.1% during the forecast period. Growing population coupled with increasing disposable income and economic growth around the globe is likely to facilitate the growth in demand for middle class housings and subsequently, the demand for roofing tiles during the forecast period.

Market Share Analysis

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Roofing Tiles Market Share: By Type

Based on the type, the roofing tiles market is segmented as clay, concrete, and others. Concrete roofing tyles are expected to remain the largest segment during the forecast period owing to increased construction activities around the globe.

Roofing Tiles Market Share: By Application Type

Based on the application type, the market is segmented as residential and non-residential. Residential is the dominant segment of the market. Roofing tiles are widely used in construction of residential homes. Increasing global population and economic activities have resulted into an increase in demand for residential construction activities and hence roofing tiles.

Roofing Tiles Market Share: By Region

In terms of regions, Asia Pacific is expected to be the largest market for roofing tiles during the forecast period. The region consists of 50% of the world population and hence, major share of the construction activities around the globe. These constructions generate huge demand for roofing tiles in the region. China and India are the key growth engines of the region offering substantial growth opportunities during the forecast period.

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Some of the major players in the market are-

• Tesla Inc.
• IKO
• Etex
• Standard Industries Inc.
• Trevis Perkins
• Boral Roofing
• BMI Group
• Wienerberger AG. 

Market Scope & Segmentation

Roofing tiles are applied on the roof to prevent leakage during rain. Roofing tiles are made up of locally available materials such as slate and terracotta, and modern materials such as polymers and concrete.

This report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.

The roofing tiles market is segmented into the following categories. 

Roofing Tiles Market Size, Share, & Forecast, by Type:

• Clay (Regional Analysis: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)
• Concrete (Regional Analysis: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)
• Others (Regional Analysis: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)

Roofing Tiles Market Size, Share, & Forecast, by Application Type:

• Residential (Regional Analysis: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)
• Non- Residentials
  • (Regional Analysis: North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa)
  • (Application Type Analysis: Commercial, Infrastructure, and Industrial)

Roofing Tiles Market Size, Share, & Forecast, by Region:

• North America (Country Analysis: the USA, Canada, and Mexico) 
• Europe (Country Analysis: Germany, France, the UK, Russia, Spain, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, South Korea, and Rest of Asia-Pacific)
• Latin America (Country Analysis: Brazil, Mexico, and Rest of the Latin America)
• The Middle East & Africa (Sub-Region Analysis: The Middle East & Africa)

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Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Report Features

This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Report Customization Options

With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Market Segmentation

• Current market segmentation of any one of the types by application types.

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at [email protected].