The “Roofing Tiles Market” Research Report offers a comprehensive coverage spanning across numerous pages, delivering exclusive data, essential information, vital statistics presented through tables and figures, industry trends, and an in-depth analysis of the competitive landscape within this specialized sector.
The global roofing tiles market was valued at $30,400.0 million in 2019, and is projected to reach $41,354.9 million by 2027, registering a CAGR of 5.2% from 2020 to 2027. Roof tiles are installed on the roof, which protects it from rain, hail, heat, and cold. Various types of roof tiles include clay roof tile, concrete roof tile, metal roof tile, solar roof tile, plastic roof tile, and others. Roof tiles are generally used in residential construction due to its durability, fire resistance, and others.
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The factors such as population growth, rise in urbanization coupled with increase in industrialization in developing countries such as India, China, Brazil, Indonesia, Bangladesh, and Egypt drive the construction activities which is expected to drive the growth of the global roofing tiles market during the forecast period. However, the COVID-19 pandemic has enforced many companies in the global roofing tiles market to halt their business operations to comply with new government regulations for curbing the spread of COVID-19. This halt in operations directly impacts the revenue flow of the roofing tiles market supply chain. In addition, implementation of lockdown and the need to maintain social distancing during this pandemic has resulted in dearth of manpower, which, in turn, has negatively impacted the market revenue.
On the contrary, technical advancements in roofing systems are anticipated to offer lucrative growth opportunities for the market players during the forecast period. The global roofing tiles market is segmented into type, construction type, end-user industry, and region. By type, the market is categorized into clay roof tile, concrete roof tiles, and others (which includes metal roof tiles, solar roof tiles, and plastic roof tiles).
Depending on construction type, it is fragmented into new construction and renovation & replacement. Based on end-user industry, the market is bifurcated into residential and non-residential. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Asia-Pacific dominated the market in 2019, accounting for the highest share, and is anticipated to maintain this trend throughout the forecast period. This is attributed to increase in population, urbanization, and government initiatives for affordable housing.
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COMPETITION ANALYSIS
The key companies profiled in the report include Boral Limited, Crown Roof Tiles, Dachziegelwerke, Eagle Roofing, Ecostar LLC, Ludowici Roof Tile, Marley Ltd, MCA Clay Roof Tile, Shital Potteries, and Terreal Malaysia Sdn bhd.
KEY BENEFITS FOR STAKEHOLDERS
? The report provides an extensive analysis of the current and emerging roofing tiles market trends and dynamics.
? In-depth market analysis is conducted by constructing market estimations for the key market segments between 2019 and 2027.
? Extensive analysis of the roofing tiles market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
? A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
? The global roofing tiles market forecast analysis from 2020 to 2027 is included in the report.
? The key market players within roofing tiles market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the roofing tiles market industry.
GLOBAL ROOFING TILES MARKET SEGMENTS
BY MATERIAL TYPE
– Clay Roof Tile
– Concrete Roof Tile
– Others
BY CONSTRUCTION TYPE
– New Construction
– Renovation & Replacement
BY END-USER INDUSTRY
– Residential
– Non-residential
BY REGION
– North America
o U.S.
o Canada
o Mexico
– Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
– Asia-Pacific
o China
o India
o Japan
o Australia
o Rest of Asia-Pacific
– LAMEA
o Latin America
o Middle East
o Africa
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Features of the Market Report:
- Comprehensive industry data presented in a user-friendly and easily comprehensible format.
- Detailed market segmentation, providing key insights into each sub-segment of the industry.
- Thorough analysis of profiles of major market players, including their strategies and approaches.
- Precise examination of regional and country-specific sales opportunities in the market.
- In-depth analysis of current and emerging market trends, offering valuable intelligence.
- Identification of industry drivers and restraints that can impact different segments and regions.
- Clear understanding of expansion strategies, new product launches, and potential acquisitions by companies.
- A well-structured report combining insightful literature with graphical representations of relevant market variables
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