India Roofing Market Trends 2024, Industry Growth, Forecast Report By 2032

The latest report by IMARC Group, titled “India Roofing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2024-2032,“ offers a comprehensive analysis of the industry, which comprises insights into the India roofing market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The India roofing market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

India Roofing Market Overview:

Roofing refers to the materials and constructions used on the top of buildings to protect them from the elements, particularly rain, but also heat, wind, and sunlight. Roofing materials are manufactured from a variety of substances, including asphalt shingles, metal, tile, and slate, each chosen for its durability, cost-effectiveness, and suitability to the local climate. The manufacturing process generally involves extracting and processing natural materials or synthesizing products using industrial chemicals. Roofs can be flat or sloped, and their design is influenced by aesthetic, climatic, and functional requirements. The primary importance of roofing is its role in safeguarding the building's interior and structural integrity, making it a critical component in construction. The benefits of effective roofing include improved energy efficiency, as it can help regulate indoor temperatures and increase comfort for occupants.

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India Roofing Market Trends:

The market in India is primarily driven by the expanding construction sector, fueled by governmental initiatives aimed at infrastructure development and housing for all. Additionally, the shifting trends towards sustainable and energy-efficient building materials, which have led to innovations in roofing technologies such as solar roofs and green roofing systems that offer enhanced energy efficiency and reduced environmental impact are creating a positive market outlook. Moreover, the increasing frequency of extreme weather conditions has heightened the need for more durable and weather-resistant roofing solutions, driving advancements and adoption of high-quality roofing materials is impelling market growth. Furthermore, the rise in renovation and retrofitting activities in urban areas, where older buildings are being updated with modern, efficient roofing systems to extend their life and improve energy consumption profiles is propelling the market growth.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

  • 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:

Breakup by Material Type:

  • Bituminous
  • Tiles
  • Metal
  • Plastic
  • Others

Breakup by Type:

  • Flat Roof
  • Slope Roof

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 (2018-2023)
  • Market Outlook (2024-2032)
  • COVID-19 Impact on the Market
  • Porter’s Five Forces Analysis
  • Strategic Recommendations
  • Historical, Current and Future Market Trends
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Structure of the Market
  • Value Chain Analysis
  • Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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.

Contact Us:  

IMARC Group 

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Email: sales@imarcgroup.com 

Tel No:(D) +91 120 433 0800 

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