India Roofing Market

India Roofing Market Outlook 2024-2032:

The India roofing market size reached US$ 7.0 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.6 Billion by 2032, exhibiting a growth rate (CAGR) of 5.8% during 2024-2032.

Roofing refers to the process of constructing a top covering of a building. It is generally made using materials, such as drain, slate, copper, ridge cap, plastic cement, and base ply and sheet. It adds significant value to buildings, improves their durability, and offers protection against harsh environmental conditions. Nowadays, several manufacturers are introducing advanced roofing solutions that provide innovative features and increase the overall lifespan of a structure. This, coupled with significant growth in industrial construction, is catalyzing the demand for roofing in India.

India Roofing Market Trends:

A shift in consumer preferences from conventional roofing materials towards reliable product variants on account of inflating income levels represents one of the major factors bolstering the market growth in India. Moreover, polycarbonate roofing sheets are gaining traction as they are easy to install in industrial and large-scale commercial buildings, weather-resistant, and available in various textures and designs with low maintenance costs. They are also utilized in sky lighting, swimming pools, walkways, and display signboards. Apart from this, the emerging trend of clear roofing panels in patios, sunrooms, and places that need natural light through the roof is contributing to market growth. These panels contain protective film layers that filter out harmful ultraviolet (UV) sun rays. Furthermore, as corrugated roofing sheets are strong, durable, and eco-friendly and offer reliable utility and enhanced strength, they are finding extensive applications in the agriculture sector for protecting garages, porches, and sheds. The expansion of the agriculture sector in the country on account of the rising population and surging food requirements is influencing the market positively. Additionally, the emerging green building concept is increasing public awareness about climate change, which is catalyzing the demand for zinc-aluminum coated sheets that provide excellent atmospheric resistance.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the India roofing market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on material type, type and application.

Breakup by Material Type:

• Bituminous
• Tiles
• Metal
• Plastic
• Others
   

Nowadays, there is a rise in the demand for bituminous roofing as it provides a durable, waterproof barrier that can withstand harsh weather conditions and is relatively easy to install.

Breakup by Type:

• Flat Roof
• Slope Roof
   

Flat roofs are low cost and offer ease of accessibility, whereas sloped roofs provide improved aesthetics and are a better alternative for areas with high rain and snowfall.

Breakup by Application:

• Residential
• Commercial
• Industrial
   

Factors like rapid urbanization, inflating income levels and the growing population are resulting in increasing construction activities in the residential, commercial, and industrial sectors of India.

Breakup by Region:

• North India
• West and Central India
• South India
• East India
   

Innovations in roofing technologies, along with the growing popularity of green roofing, are resulting in rising roofing installations in different parts of India.

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Bansal Roofing Products Limited, CK Birla Group, Everest Industries Limited, Hindalco Industries Ltd., JWS Steel Coated Products Limited and Tata Bluescope Steel.

Report Coverage: