According to the latest report of the IMARC Group entitled ” Roofing Market in India: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026”, the market is currently experiencing strong growth. The Roofing Market in India is expected to grow by a CAGR of 6% in 2021-2026. Roofing is the process of constructing an upper layer of a building. It is commonly made using a variety of materials including drain, slate, copper, ridge cap, plastic cement, etc. Roofing adds value to buildings, increases durability and provides protection against harsh environmental conditions. Currently, several major manufacturers are introducing advanced roofing solutions that extend the overall life of a structure and provide innovative features.
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Rapid urbanization and shifting consumer preferences from traditional roofing materials to reliable product variants are currently driving the Indian roofing market. In addition, polycarbonate roofing sheets are also becoming popular in industrial and large-scale commercial buildings as they are easy to install, weather resistant, have low maintenance costs, etc. In addition, the growing trend of clear roofing sheets in terraces and conservatories is further fueling the demand for products in India. Moreover, the increasing prominence of corrugated iron over garages, sheds, porches, etc., due to its durability and eco-friendly properties, is also stimulating the market growth in the country. Apart from this, increasing environmental concerns are catalyzing the demand for zinc-aluminium coated sheets, which in turn is expected to strengthen the Indian roofing market in the coming years.
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Competitive landscape with key players:
The report has also analyzed the competitive landscape of the market, featuring some of the key players.
- Bansal Roofing Products Limited
- CK Birla Group
- Everest Industries Limited
- Hindalco Industries Ltd.
- JWS Steel Coated Products Limited
- Tata Bluescope Steel
India Roofing Market Segment:
Our report has categorized the market on the basis of region, material type, type and application.
Breakdown by material type:
- Floor tiles
Breakdown by type:
Breakdown by application:
Breakdown 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 map of the competitive landscape
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