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India Roofing Market to Grow at 7% During 2022-2027, Impelled by Numerous Infrastructural Development Projects

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India Roofing Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The India roofing market is expected to exhibit a CAGR of 7% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

 

 
 

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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, along with forecasts at the country and regional level from 2022-2027. Our report has categorized the market based on material type, type and application.

Breakup by Material Type:

 

 
 

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  • Bituminous
  • Tiles
  • Metal
  • Plastic
  • Others
     

Roofs are made using different materials according to the preference of individuals and prevalent weather conditions. Nowadays, there is a rise in the demand for metal roofing on account of its durability and strength.

Breakup by Type:

  • Flat Roof
  • Slope Roof
     

Advantages of a flat and slope roof, including energy efficiency and lower construction and repair costs, are positively influencing the market.

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:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Material Type, Type, Application, Region
Region Covered North India, West and Central India, South India, East India
Companies Covered Bansal Roofing Products Limited, CK Birla Group, Everest Industries Limited, Hindalco Industries Ltd., JWS Steel Coated Products Limited and Tata Bluescope Steel
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License $ 2299
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Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1   Preface
2   Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3   Executive Summary
4   Introduction
    4.1    Overview
    4.2    Key Industry Trends
5   India Roofing Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6   Market Breakup by Material Type
    6.1    Bituminous
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Tiles
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Metal
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Plastic
        6.4.1 Market Trends
        6.4.2 Market Forecast
    6.5    Others
        6.5.1 Market Trends
        6.5.2 Market Forecast
7   Market Breakup by Type
    7.1    Flat Roof
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Slope Roof
        7.2.1 Market Trends
        7.2.2 Market Forecast
8   Market Breakup by Application
    8.1    Residential
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Commercial
        8.2.1 Market Trends
        8.2.2 Market Forecast
    8.3    Industrial
        8.3.1 Market Trends
        8.3.2 Market Forecast
9   Market Breakup by Region
    9.1    North India
        9.1.1 Market Trends
        9.1.2 Market Breakup by State
        9.1.3 Market Forecast
    9.2    West and Central India
        9.2.1 Market Trends
        9.2.2 Market Breakup by State
        9.2.3 Market Forecast
    9.3    South India
        9.3.1 Market Trends
        9.3.2 Market Breakup by State
        9.3.3 Market Forecast
    9.4    East India 
        9.4.1 Market Trends
        9.4.2 Market Breakup by State
        9.4.3 Market Forecast
10  SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11  Value Chain Analysis
12  Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13  Price Analysis
14  Policy and Regulatory Landscape
15  Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    Bansal Roofing Products Limited
        15.3.2    CK Birla Group
        15.3.3    Everest Industries Limited
        15.3.4    Hindalco Industries Ltd. 
        15.3.5    JWS Steel Coated Products Limited
        15.3.6    Tata Bluescope Steel

List of Figures

Figure 1: India: Roofing Market: Major Drivers and Challenges
Figure 2: India: Roofing Market: Sales Value (in Million US$), 2016-2021
Figure 3: India: Roofing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: India: Roofing Market: Breakup by Material Type (in %), 2021
Figure 5: India: Roofing Market: Breakup by Type (in %), 2021
Figure 6: India: Roofing Market: Breakup by Application (in %), 2021
Figure 7: India: Roofing Market: Breakup by Region (in %), 2021
Figure 8: India: Roofing (Bituminous) Market: Sales Value (in Million US$), 2016 & 2021
Figure 9: India: Roofing (Bituminous) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 10: India: Roofing (Tiles) Market: Sales Value (in Million US$), 2016 & 2021
Figure 11: India: Roofing (Tiles) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 12: India: Roofing (Metal) Market: Sales Value (in Million US$), 2016 & 2021
Figure 13: India: Roofing (Metal) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 14: India: Roofing (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 15: India: Roofing (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 16: India: Roofing (Other Material Types) Market: Sales Value (in Million US$), 2016 & 2021
Figure 17: India: Roofing (Other Material Types) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 18: India: Roofing (Flat Roof) Market: Sales Value (in Million US$), 2016 & 2021
Figure 19: India: Roofing (Flat Roof) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 20: India: Roofing (Slope Roof) Market: Sales Value (in Million US$), 2016 & 2021
Figure 21: India: Roofing (Slope Roof) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 22: India: Roofing (Residential) Market: Sales Value (in Million US$), 2016 & 2021
Figure 23: India: Roofing (Residential) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 24: India: Roofing (Commercial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 25: India: Roofing (Commercial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 26: India: Roofing (Industrial) Market: Sales Value (in Million US$), 2016 & 2021
Figure 27: India: Roofing (Industrial) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 28: North India: Roofing Market: Sales Value (in Million US$), 2016 & 2021
Figure 29: North India: Roofing Market: Breakup by State (in %), 2021
Figure 30: North India: Roofing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: West and Central India: Roofing Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: West and Central India: Roofing Market: Breakup by State (in %), 2021
Figure 33: West and Central India: Roofing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 34: South India: Roofing Market: Sales Value (in Million US$), 2016 & 2021
Figure 35: South India: Roofing Market: Breakup by State (in %), 2021
Figure 36: South India: Roofing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: East India: Roofing Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: East India: Roofing Market: Breakup by State (in %), 2021
Figure 39: East India: Roofing Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 40: India: Roofing Industry: SWOT Analysis
Figure 41: India: Roofing Industry: Value Chain Analysis
Figure 42: India: Roofing Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: India: Roofing Market: Key Industry Highlights, 2021 and 2027
Table 2: India: Roofing Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 3: India: Roofing Market Forecast: Breakup by Type (in Million US$), 2022-2027
Table 4: India: Roofing Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 5: India: Roofing Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 6: India: Roofing Market: Competitive Structure
Table 7: India: Roofing Market: Key Players


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Key Questions Answered in This Report

We expect the India roofing market to exhibit a CAGR of 7% during 2022-2027.

The rising consumer inclination towards reliable and weather-resistant product variants, along with the growing installation of polycarbonate roofing sheets across industrial and large-scale commercial buildings, are some of the key factors driving the India roofing market. 

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the nation resulting in a temporary halt in numerous construction activities, thereby hampering the demand for roofing materials across India. 

Based on the material type, the India roofing market can be segmented into bituminous, tiles, metal, plastic, and others. Among these, bituminous currently holds the majority of the total market share.

Based on the type, the India roofing market has been segregated into flat roof and slope roof. Currently, flat roof represents the largest segment.

Based on the application, the India roofing market can be categorized into residential, commercial, and industrial. Among these, the residential sector currently exhibits a clear dominance in the market.

On a regional level, the market has been classified into North India, West and Central India, South India, and East India.

Some of the major players in the India roofing market include Bansal Roofing Products Limited, CK Birla Group, Everest Industries Limited, Hindalco Industries Ltd., JWS Steel Coated Products Limited, and Tata Bluescope Steel.

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