Roofing Tiles Market
Roofing Tiles Market
The market for Roofing Tiles was estimated at $46.34 billion in 2024; it is anticipated to increase to $68.4 billion by 2030, with projections indicating growth to around $94.6 billion by 2035.
Global Roofing Tiles Market Outlook
Revenue, 2024 (US$B)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Roofing Tiles market is projected to grow from $46.3 billion in 2024 to $88.6 billion in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Residential Housing, Commercial Buildings and Historic Building Restoration.
- Braas Monier Building Group Services GmbH and Etex Group NV and Fletcher Building Limited operate as leading companies that influence the competitive dynamics of this market.
- U.S. and China are the top markets within the Roofing Tiles market and are expected to observe the growth CAGR of 4.4% to 6.4% between 2024 and 2030.
- Emerging markets including India, Brazil and Nigeria are expected to observe highest growth with CAGR ranging between 7.7% to 9.2%.
- The market for Roofing Tiles will reach $6.1 billion in growth by 2030 because of the transition toward environmentally friendly products.
- The Roofing Tiles market is set to add $42.3 billion between 2024 and 2034, with manufacturer targeting Modified Bitumen & Built-up Roofing System Type projected to gain a larger market share.
- With Increasing demand for energy-efficient housing, and Growth in real estate sector, Roofing Tiles market to expand 91% between 2024 and 2034.
Opportunities in the Roofing Tiles
The increasing worries about protecting the environment have led to a rise in the demand for roofing tiles crafted from materials. The utilization of plastics, rubber and other waste materials, in producing these tiles not only reduces environmental risks but also satisfies the needs of consumers who prioritize eco friendly choices.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increasing Demand for Energy-Efficient Housing, and Technological Advancements in Manufacturing
Restraint: High Installation and Maintenance Costs
Opportunity: Smart Roofing Tiles and Solar Integrated Roofing Tiles
Challenge: Climatic Constraints
Supply Chain Landscape
LafargeHolcim
HeidelbergCement Group
BMI Group
Etex Group
Beacon Roofing Supply
Saint Gobain
CentiMark Corporation
Tecta America
LafargeHolcim
HeidelbergCement Group
BMI Group
Etex Group
Beacon Roofing Supply
Saint Gobain
CentiMark Corporation
Tecta America