Roofing Tiles Market by Product (Clay, Concrete, and Other), by Application (Residential and Non-Residential) - Global Opportunity Analysis and Industry Forecast, 2020 – 2030
Industry: Construction & Manufacturing | Publish Date: 20-Aug-2020 | No of Pages: 272 | No. of Tables: 150 | No. of Figures: 120 | Format: PDF | Report Code : N/A
Speak to Our Analyst
Market Definition
The Roofing Tiles Market was valued at USD 29.87 billion in 2019 and is predicted to reach USD 46.97 billion by 2030 with a CAGR of 4.2% from 2020-2030.
Roofing tiles provide additional protection to houses or apartments against adverse weather conditions such as rain, heat, cyclone or storm. They also give a vintage and aesthetic charm to the apartments. In terms of performance and durability, roofing tiles are better compared to other roofing options. These titles are built with raw materials such as terracotta, slate, concrete, metal and plastics. There are different types of roofing tiles available in the market such as traditional clay tiles, cement tiles, shingles and white clay tiles.
Market Dynamics and Trends
Growing construction activities across the globe along with the increased demand for advanced materials are driving the growth of roofing tiles market. In addition, factors such as population growth, rising urbanization and increased demand for green buildings also boost the market growth.
Furthermore, various housing initiatives undertaken by the government of different countries, such as National Housing and Homelessness Agreement (NHHA) in Australia, Pradhan Mantri Awas Yojana (PMAY) in India and Social Housing Services Corporation (SHSC) in Ontorio, are contributing towards the growth of real estate industry, which in turn is expected to propel the growth of roofing tiles market.
However, cost of installation and lack of skilled labor force are factors expected to restrain the growth of the market during the forecast period. On the other hand, growing inclination towards solar tiles and technological advancement in tile manufacturing may create significant growth opportunities for the roofing tiles market players in the coming years.
Market Segmentations and Scope of the Study:
The roofing tiles market share is categorized on the basis of product, application and geography. On the basis of product the market is segmented into clay, concrete and others. On the basis of application, the market is classified into residential and non-residential. Geographic segmentation and analysis of each segment includes regions comprising North America, Europe, Asia Pacific and RoW.
Geographical Analysis
In terms of geography, Asia Pacific holds the lion share of the roofing tiles market. This is attributed to factors such as growing residential and commercial construction, government initiatives to provide affordable housing and improved economic conditions of the region.
However, North America is also expected to witness steady market growth during the forecast period due to the increasing technological innovations, rise in living standards and rapid urbanization.
Competitive Landscape
The global roofing tiles market share includes a comprehensive competitive analysis and profiles of the major market players such as 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
-
The roofing tiles market report provides the quantitative analysis of the current market and estimations through 2020-2030 that assists in identifying the prevailing market opportunities to capitalize on.
-
The study comprises an extensive analysis of the roofing tiles market trend including the current and future trends for depicting the prevalent investment pockets in the market
-
The information related to key drivers, restraints and opportunities and their impact on the roofing tiles market is provided in the report.
-
The market share of the players in the global roofing tiles market along with their competitive analysis.
-
Value chain analysis in the market study provides a clear picture of the stakeholders’ roles.
KEY MARKET SEGMENTS
By Product
-
Clay
-
Concrete
-
Others
By Application
-
Residential
-
Non-residential
By Geography
-
North America
-
U.S.
-
Canada
-
Mexico
-
-
Europe
-
UK
-
Italy
-
Germany
-
Spain
-
Netherlands
-
Rest of Europe
-
-
Asia-Pacific
-
China
-
Japan
-
India
-
Australia
-
South Korea
-
Taiwan
-
Vietnam
-
Rest of Asia Pacific
-
-
RoW
-
Latin America
-
Middle East
-
Africa
-
REPORT SCOPE AND SEGMENTATION:
|
Parameters |
Details |
|
Analysis Period |
2019–2030 |
|
Base Year Considered |
2020 |
|
Forecast Period |
2020–2030 |
|
Market Size Estimation |
Billion (USD) |
|
Market Segmentation |
By Product (Clay, Concrete, Others) By Application (Residential, Non-residential) |
|
Geographical Segmentation |
North America (U.S., Canada, Mexico) Europe (UK, Italy, Germany, Spain, Netherlands, Rest of Europe) Asia-Pacific (China, Japan, India, Australia, South Korea, Taiwan, Vietnam, Rest of Asia Pacific) RoW (Latin America, Middle East, Africa) |
|
Companies Profiled |
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 PLAYERS
-
Boral Limited
-
Crown Roof Tile
-
Dachziegelwerke
-
Eagle Roofing
-
Ecostar LLC
-
Ludowici Roof Tile
-
Marley Ltd
-
MCA Clay Roof Tile
-
Shital Potteries
-
Terreal Malaysia Sdn bhd.
At Next Move Strategy Consulting, we understand that insightful market research is the cornerstone of successful business decisions. That's why we employ a robust and multifaceted approach, combining various methodologies to deliver the most accurate and actionable data for our clients.
Research Landscape
We navigate the world of research with two primary approaches:
Qualitative Approach
Our qualitative research methodologies involve immersive techniques such as in-depth interviews, focus groups, and observational studies. By engaging directly with individuals and stakeholders, we uncover valuable insights that quantitative data alone may overlook.
Quantitative Research
In tandem with qualitative methodologies, NMSC leverages the power of Quantitative Research to provide a robust foundation of numerical insights. Through systematic data collection and analysis, we quantify patterns, preferences, and market trends, offering a comprehensive view of the business landscape.
Our quantitative research approach employs diverse tools, including surveys, experiments, and statistical modelling. These methodologies enable us to gather data from a large and representative sample, ensuring the statistical significance of our findings. By employing structured questionnaires and standardized data collection methods, we guarantee the reliability and validity of the information we present to our clients.
Quantitative research is particularly effective in measuring the prevalence of trends, assessing market size, and gauging the impact of various factors on consumer behavior. The numerical precision attained through this approach equips our clients with actionable insights, facilitating data-driven decision-making and strategy formulation.
Our Specialized Toolbox for Industry-Specific Market Research
We deploy a specialized arsenal of techniques tailored to meet your unique requirements. Here's a glimpse into our comprehensive toolbox:
Information Procurement
The stage entails acquiring market data or relevant information through various sources and methodologies.
Market Research Approach
We utilize both top-down and bottom-up approaches in market research analysis to achieve a comprehensive understanding of the market dynamics, leveraging the broad perspective of industry trends and macroeconomic factors alongside detailed insights from specific segments and individual companies.
Porters Five Forces Analysis
We conduct Porter's Five Forces analysis to evaluate the competitive landscape of an industry, providing us with insights into factors that affect profitability and strategic positioning.
SWOT Analysis
We conduct SWOT analysis to understand market trends, identify potential threats, capitalize on opportunities, and assess our strengths and weaknesses.
Forecasting
We utilize a forecasting model to predict future consumption by considering parameters like population, economics, regulations, market competition, drivers, constraints, technology, and pricing. We also employ statistical techniques such as multilinear regression, exponential smoothing, moving average, ARIMA, and Monte Carlo simulations for accurate predictions. In econometric forecasting, we analyzed short-term and long-term event impacts, attributing values based on regulatory frameworks, economic factors, and market events.
Frequently Asked Questions
Download Free Sample
Related Report
Related Blogs
Revolutionizing Logistics: The Automated Truck/Trailer Loading System Market's Latest Trends and Developments
Introduction The global logistics industry is in the mids...
Smart Building Solutions: Transforming Commercial HVAC Systems with IoT
In today's dynamic commercial real estate landscape, the...
Top 10 Companies Operating in The Global Elevator Industry
Next Move Strategy Consulting Forecasts strong growth in the global elevator mar...
