According to IMARC Group's most recent study, "India Roofing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026," the market is now seeing rapid growth. The India Roofing Market is estimated to expand at a CAGR of 6% between 2021 and 2026. Roofing is the process of erecting a building's top layer. It is frequently constructed from a variety of materials, including drain, slate, copper, ridge cap, and plastic cement. Roofing adds value to structures, increases their durability, and protects them from harsh environmental conditions. Numerous leading manufacturers are currently producing sophisticated roofing systems that extend the overall life of a structure and incorporate novel features.
Current Market Trends:
Rapid urbanization and a shift in customer preference away from traditional roofing materials toward more reliable product varieties are driving the India roofing industry at the moment. Additionally, polycarbonate roof panels are gaining popularity in industrial and large-scale commercial structures due to their ease of installation, resistance to the elements, and low maintenance requirements. Additionally, the increasing popularity of polycarbonate roof panels in patios and sunrooms is boosting product demand in India. Additionally, the growing popularity of in garages, sheds, and porches due to its durability and eco-friendly qualities is propelling market growth in the country. Apart from this, growing environmental concerns are boosting demand for zinc-aluminum coated sheets, which is expected to support India's roofing industry in the approaching years.
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 (2015-2020)
Market Outlook (2021-2026)
Porter’s Five Forces Analysis
Market Drivers and Success Factors
SWOT Analysis
Value Chain
Comprehensive Mapping of the Competitive Landscape