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According to IMARC Group 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 size in India. The report also includes competitor and regional analysis, and contemporary advancements in the market. The India roofing market is expected to exhibit a CAGR of 7% during 2022-2027.
Roofing refers to the process of constructing a top covering of a building. It is usually manufactured by utilizing various materials, such as drain, cap, plastic cement, slate, copper, ridge, etc. Roofing adds value to buildings, improves durability, and offers protection against severe environmental conditions. At present times, numerous key manufacturers are introducing advanced roofing solutions that increase the overall lifespan of a structure and provide 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 behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
The elevating levels of urbanization and the shifting consumer preferences from traditional roofing materials towards reliable product variants are primarily driving the India roofing market. Besides this, the increasing popularity of polycarbonate roofing sheets in industrial and large-scale commercial buildings, as they are easy to install, weather-resistant, have low maintenance costs, etc., is also propelling the market growth. Moreover, the emerging trend of clear roofing panels in patios and sunrooms is further propelling the market growth. In addition to this, the growing prominence of corrugated roofing across sheds, porches, garages, etc., on account of their durability and eco-friendly properties, is acting as another significant growth-inducing factor. Furthermore, the rising environmental concerns are escalating the demand for zinc-aluminum coated sheets, which, in turn, is anticipated to bolster the India roofing market over the forecasted period.
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Competitive Landscape with Key players:
The report has also analysed the competitive landscape of the market with some of the key players being.
Our report has categorized the market based on region, material type, type and application.
Key highlights of the report:
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