India Roofing Market Overview, Business Strategies 2022-2027
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 share 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 is a vital part of building a house that offers enhanced protection against climatic conditions as well as natural elements. The exterior layer of a roof differs according to the available materials, along with the complexity of the supporting structure. Different materials are used to construct roofs in residential and commercial buildings, such as offices, hotels, and educational institutes. The materials include bitumen, ceramic-coated granules, clay, sand, fiberglass, concrete, and polycarbonate. Nowadays, roofs can be built with gabled, hipped, butterfly, arched, flat, mono-pitched, and domed shapes.
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Market Trends:
The market in India is majorly driven by the increasing infrastructural development activities across the domestic segment. Furthermore, significant growth in the construction industry across the country is catalyzing the market. Moreover, rapid technological advancements are augmenting the usage of roofing materials to sustain the efficiency of machinery, thus propelling the market. Besides this, continual technological innovations, such as the advent of green roofing, eco-friendly roofing materials, and drones for roof inspections, are strengthening the market. Additionally, various key players are focusing on designing efficient roofing systems to ensure long-term performance, even in extremely harsh weather conditions. This, in turn, is creating a positive outlook for the growth of the roofing market across India.
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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.
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.
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 (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
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