Roofing Market in India: Industry Report, Growth, Outlook, Value Chain, Size and Forecast 2022-2027
India Roofing Market Overview:
IMARC Group’s 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 industry share in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The Indian roofing market is expected to exhibit a CAGR of 7% during 2022-2027.
Roofing is the process of constructing a top covering of a building. It is commonly made using numerous materials, including drain, slate, copper, ridge cap, plastic cement, etc. Roofing adds value to buildings, enhances durability, and provides protection against severe environmental conditions. At present times, various key manufacturers are introducing advanced roofing solutions that increase the overall lifespan of a structure and offer innovative features.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally, and our estimates about the latest market trends and forecasts, are being done after considering the impact of this pandemic.
Market Trends:
Rapid urbanization and shifting consumer preferences from traditional roofing materials to reliable product variants are currently driving the Indian roofing market. Furthermore, polycarbonate roofing sheets are also becoming popular in industrial and large-scale commercial buildings, as they are easy to install, weather-resistant, have low maintenance costs, etc. Besides this, the growing trend of clear roofing panels in patios and sunrooms is further fueling the product demand in India. Moreover, the increasing prominence of corrugated roofing across garages, sheds, porches, etc., on account of its durability and eco-friendly properties is also driving the market growth in the country. Apart from this, the rising environmental concerns are further catalyzing the demand for zinc-aluminum coated sheets, which, in turn, is anticipated to bolster the Indian roofing market in the coming years.
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Competitive Landscape with Key players:
The report has also analyzed 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.
Material Type:
- Bituminous
- Tiles
- Metal
- Plastic
- Others
Type:
- Flat Roof
- Slope Roof
Application:
- Residential
- Commercial
- Industrial
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
We are updating our reports, If you want the latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Competitive landscape, etc. Click request a free sample report, the report will be delivered to you in PDF format via email within 24 to 48 hours after the payment confirmation.
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