Market Overview:
The global siding market size reached US$ 93.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 120.8 Billion by 2027, exhibiting a growth rate (CAGR) of 4.4% 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.
Siding refers to the material used for cladding, covering and protecting the exterior walls of a building. Some of the common siding materials include fiber cement, vinyl, bricks, stucco, aluminum, asphalt and other composite materials. They are applied to the roof and walls in various shapes and styles such as clapboard, shingles, shakes, verticals and panels depending upon the requirements of the user. Siding improves the aesthetic appeal of a structure while protecting it against extreme weather conditions and fire hazards, along with providing thermal efficiency for maintaining the temperature inside the building.
The growing number of residential and commercial construction projects across the globe is the key factor driving market growth. There is a rising demand for durable siding materials in the construction industry, which can withstand weathering and resist chemical exposure and deterioration. Furthermore, the trend of using combined siding materials is also gaining traction, wherein different siding materials with varying textures and properties are being utilized that add a unique aesthetic value to the building. For instance, stone and wood are combined to give contrasting colors and a vibrant visual effect to the complex. In addition to this, the advent of boutique hotels equipped with ultra-luxury features and services, along with the renovation of existing hotels, has boosted the demand of the siding products. Moreover, improving distribution channels and the availability of a wide range of alternatives have enabled the vendors to expand their consumer base and cater to the diverse requirements. Other factors, such as government initiatives for the development of public infrastructure and the introduction of green siding materials, are also expected to drive the market further.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global siding market report, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on material, end use and application.
Breakup by Material:
- Fiber Cement
- Vinyl
- Metal
- Stucco
- Concrete and Stone
- Brick
- Wood
- Others
Breakup by End Use:
- Residential
- Non-Residential
- Healthcare
- Education
- Hospitality
- Retail
- Offices
- Others
Breakup by Application:
- New Construction
- Repair and Maintenance
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being Boral Limited, Georgia-Pacific Wood Products LLC, James Hardie Building Products Inc., Kingspan Group, Nichiha USA Inc., Louisiana-Pacific Corporation, Döcke Extrusion LLC, Alumasc Group PLC, Ply Gem Industries Inc., Knauf Gips KG, Etex Group, Lixil Group Corporation, ROCKWOOL Group, C. & S. Cladding (Wales) Limited T/A National Cladding Wales, Revelstone Cape (Pty) Ltd, and Wienerberger AG, etc.
Report Coverage:
| Report Features |
Details |
|---|
| Base Year of the Analysis |
2021 |
| Historical Period |
2016-2021 |
| Forecast Period |
2022-2027 |
| Units |
US$ Billion |
| Segment Coverage |
Material, End Use, Application, Region |
| Region Covered |
Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
| Companies Covered |
Boral Limited, Georgia-Pacific Wood Products LLC, James Hardie Building Products Inc., Kingspan Group, Nichiha USA Inc., Louisiana-Pacific Corporation, Döcke Extrusion LLC, Alumasc Group PLC, Ply Gem Industries Inc., Knauf Gips KG, Etex Group, Lixil Group Corporation, ROCKWOOL Group, C. & S. Cladding (Wales) Limited T/A National Cladding Wales, Revelstone Cape (Pty) Ltd, and Wienerberger AG |
| Customization Scope |
10% Free Customization |
| Report Price and Purchase Option |
Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499 |
| 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 global siding market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global siding industry?
- What are the key regional markets in the global siding industry?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end use?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global siding industry?
- What are the key driving factors and challenges in the global siding industry?
- What is the structure of the global siding industry and who are the key players?
- What is the degree of competition in the global siding industry?
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 Global Siding Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Material
5.5 Market Breakup by End Use
5.6 Market Breakup by Application
5.7 Market Breakup by Region
5.8 Market Forecast
6 Market Breakup by Material
6.1 Fiber Cement
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Vinyl
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 Stucco
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Concrete and Stone
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Brick
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Wood
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Others
6.8.1 Market Trends
6.8.2 Market Forecast
7 Market Breakup by End Use
7.1 Residential
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Non-Residential
7.2.1 Market Trends
7.2.2 Market Breakup by Type
7.2.2.1 Healthcare
7.2.2.1.1 Market Trends
7.2.2.1.2 Market Forecast
7.2.2.2 Education
7.2.2.2.1 Market Trends
7.2.2.2.2 Market Forecast
7.2.2.3 Hospitality
7.2.2.3.1 Market Trends
7.2.2.3.2 Market Forecast
7.2.2.4 Retail
7.2.2.4.1 Market Trends
7.2.2.4.2 Market Forecast
7.2.2.5 Offices
7.2.2.5.1 Market Trends
7.2.2.5.2 Market Forecast
7.2.2.6 Others
7.2.2.6.1 Market Trends
7.2.2.6.2 Market Forecast
7.2.3 Market Forecast
8 Market Breakup by Application
8.1 New Construction
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Repair and Maintenance
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Europe
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Asia Pacific
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Middle East and Africa
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Latin America
9.5.1 Market Trends
9.5.2 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 Porter’s 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 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Boral Limited
14.3.2 Georgia-Pacific Wood Products LLC
14.3.3 James Hardie Building Products Inc.
14.3.4 Kingspan Group
14.3.5 Nichiha USA Inc.
14.3.6 Louisiana-Pacific Corporation,
14.3.7 Alumasc Group PLC
14.3.8 Döcke Extrusion LLC
14.3.9 Ply Gem Industries Inc.
14.3.10 Knauf Gips KG
14.3.11 Etex Group
14.3.12 Lixil Group Corporation
14.3.13 ROCKWOOL Group
14.3.14 C. & S. Cladding (Wales) Limited T/A National Cladding Wales
14.3.15 Revelstone Cape (Pty) Ltd
14.3.16 Wienerberger AG
List of Figures
Figure 1: Global: Siding Market: Major Drivers and Challenges
Figure 2: Global: Siding Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Siding Market: Breakup by Material (in %), 2021
Figure 4: Global: Siding Market: Breakup by End Use (in %), 2021
Figure 5: Global: Siding Market: Breakup by Application (in %), 2021
Figure 6: Global: Siding Market: Breakup by Region (in %), 2021
Figure 7: Global: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 8: Global: Siding Industry: SWOT Analysis
Figure 9: Global: Siding Industry: Value Chain Analysis
Figure 10: Global: Siding Industry: Porter’s Five Forces Analysis
Figure 11: Global: Siding (Fiber Cement) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 12: Global: Siding (Fiber Cement) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 13: Global: Siding (Vinyl) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 14: Global: Siding (Vinyl) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 15: Global: Siding (Metal) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 16: Global: Siding (Metal) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 17: Global: Siding (Stucco) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 18: Global: Siding (Stucco) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 19: Global: Siding (Concrete and Stone) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 20: Global: Siding (Concrete and Stone) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 21: Global: Siding (Brick) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 22: Global: Siding (Brick) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 23: Global: Siding (Wood) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 24: Global: Siding (Wood) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 25: Global: Siding (Other Material Types) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 26: Global: Siding (Other Material Types) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 27: Global: Siding (Residential) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 28: Global: Siding (Residential) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 29: Global: Siding (Non-Residential) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 30: Global: Siding (Non-Residential) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 31: Global: Siding (Healthcare) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 32: Global: Siding (Healthcare) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 33: Global: Siding (Education) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 34: Global: Siding (Education) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 35: Global: Siding (Hospitality) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 36: Global: Siding (Hospitality) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 37: Global: Siding (Retail) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 38: Global: Siding (Retail) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 39: Global: Siding (Offices) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 40: Global: Siding (Offices) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 41: Global: Siding (Other End Uses) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 42: Global: Siding (Other End Uses) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 43: Global: Siding (New Construction) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 44: Global: Siding (New Construction) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 45: Global: Siding (Repair and Maintenance) Market: Sales Value (in Billion US$), 2016 & 2021
Figure 46: Global: Siding (Repair and Maintenance) Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 47: North America: Siding Market: Sales Value (in Billion US$), 2016 & 2021
Figure 48: North America: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 49: Europe: Siding Market: Sales Value (in Billion US$), 2016 & 2021
Figure 50: Europe: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 51: Asia Pacific: Siding Market: Sales Value (in Billion US$), 2016 & 2021
Figure 52: Asia Pacific: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 53: Middle East and Africa: Siding Market: Sales Value (in Billion US$), 2016 & 2021
Figure 54: Middle East and Africa: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 55: Latin America: Siding Market: Sales Value (in Billion US$), 2016 & 2021
Figure 56: Latin America: Siding Market Forecast: Sales Value (in Billion US$), 2022-2027
List of Tables
Table 1: Global: Siding Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Siding Market Forecast: Breakup by Material (in Billion US$), 2022-2027
Table 3: Global: Siding Market Forecast: Breakup by End Use (in Billion US$), 2022-2027
Table 4: Global: Siding Market Forecast: Breakup by Application (in Billion US$), 2022-2027
Table 5: Global: Siding Market Forecast: Breakup by Region (in Billion US$), 2022-2027
Table 6: Global: Siding Market Structure
Table 7: Global: Siding Market: Key Players