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Philippines Metal Roofing Market Report by Metal Type (Copper, Aluminum, Zinc, Steel, and Others), Product Type (Panel, Corrugated, Tile, Shingle, and Others), End User (Residential, Commercial, Industrial), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A23617
Year End
sale
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Philippines Metal Roofing Market Overview:
The Philippines metal roofing market is projected to exhibit a growth rate (CAGR) of 5.50% during 2024-2032. The market is driven by the growing awareness about the product's durability and longevity, rising focus on energy efficiency, increasing infrastructure development, the heightened demand for durable and cost-effective roofing solutions, and the imposition of various government initiatives that promote sustainable building practices.
|
Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023 |
|
Forecast Years
|
2024-2032
|
|
Historical Years
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2018-2023
|
| Market Growth Rate (2024-2032) | 5.50% |
Philippines Metal Roofing Market Trends:
Growing Awareness About the Product's Durability and Longevity
The Philippines market for metal roofing is mostly driven by its inherent endurance and resilience. Metal roofs are well-known for their resilience to inclement weather, which is typical in the Philippines and includes strong winds, torrential rain, and bright sunshine. Metal roofing does not decay, distort, or fracture as more conventional roofing materials like wood or asphalt shingles do. In a nation vulnerable to typhoons and other extreme weather, this resilience is important. They also last longer than conventional roofing materials, which means that both companies and households can save money in the long run. To ensure that they maintain their structural integrity over time, metal roofs are also covered with layers of protective coating that guard against rust and corrosion.
Rising Energy Efficiency and Environmental Benefits
The increasing product demand as it assists in reflecting a significant portion of the sun's rays, reducing the absorption of heat by buildings. This, in turn, decreases interior temperatures and reduces the dependency on air conditioning. Moreover, energy efficiency is a key factor that is increasing the market share in a tropical nation like the Philippines, where cooling expenses can be high. Furthermore, many metal roofing systems are engineered with built-in insulation to improve their capacity to regulate inside temperatures. Reflectivity and insulation work together to minimize energy consumption, which lowers power costs and leaves a smaller carbon imprint for companies and homes. Moreover, the high degree of recyclable nature of these roofs minimizes the quantity of garbage dumped in landfills. This is consistent with the Philippines' increasing focus on sustainability and ecologically friendly building techniques.
Philippines Metal Roofing Market News:
- In February 2024, Onduline Philippines significantly expanded its reach in the country. This expansion is marked by establishing 30+ authorized distributors across the country to enhance the availability of their roofing products for customers. This strategic move underscores Onduline's commitment to making high-quality roofing materials more accessible and reflects its dedication to improving customer service and support throughout the Philippines.
- In November 2023, Priminent Builders partnered with METALINK to create a modern workshop and showroom in Imus, Cavite. They chose METALINE50 multi rib metal wall cladding in Anthracite TEKTURA finish for their project. This 100-square-meter space was envisioned with an elegant industrial style in mind. Priminent Builders wanted materials emphasizing sleek lines and patterns throughout the structure.
- In March 2024, PHILMETAL Products Inc. made a significant impact at WORLDBEX 2024, the premier international building and construction trade show in the Philippines. The event was held at the World Trade Center from March 14 to 17, 2024. It provided an ideal platform for PHILMETAL to showcase its innovative and high-quality building products and solutions to a wide audience.
Philippines Metal Roofing Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on metal type, product type, and end user.
Metal Type Insights:
- Copper
- Aluminum
- Zinc
- Steel
- Others
The report has provided a detailed breakup and analysis of the market based on the metal type. This includes copper, aluminum, zinc, steel, and others.
Product Type Insights:
- Panel
- Corrugated
- Tile
- Shingle
- Others
A detailed breakup and analysis of the market based on the product type have also been provided in the report. This includes panel, corrugated, tile, shingle, and others.
End User Insights:
- Residential
- Commercial
- Industrial
The report has provided a detailed breakup and analysis of the market based on the end user. This includes residential, commercial, and industrial.
Regional Insights:
- Luzon
- Visayas
- Mindanao
The report has also provided a comprehensive analysis of all the major regional markets, which include Luzon, Visayas, and Mindanao.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape in the market. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Philippines Metal Roofing Market Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | Million US$ |
| Scope of the Report | Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
|
| Metal Types Covered | Copper, Aluminum, Zinc, Steel, Others |
| Product Types Covered | Panel, Corrugated, Tile, Shingle, Others |
| End Users Covered | Residential, Commercial, Industrial |
| Regions Covered | Luzon, Visayas, Mindanao |
| Customization Scope | 10% Free Customization |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the Philippines metal roofing market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the Philippines metal roofing market?
- What is the breakup of the Philippines metal roofing market on the basis of metal type?
- What is the breakup of the Philippines metal roofing market on the basis of product type?
- What is the breakup of the Philippines metal roofing market on the basis of end user?
- What are the various stages in the value chain of the Philippines metal roofing market?
- What are the key driving factors and challenges in the Philippines metal roofing?
- What is the structure of the Philippines metal roofing market and who are the key players?
- What is the degree of competition in the Philippines metal roofing market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Philippines metal roofing market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the Philippines metal roofing market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Philippines metal roofing industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.
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