Table of Contents
Historical Data, Premium Insights, Market Dynamic, Analysis and Projection, By Product, Analysis and Projection, By Application, Analysis and Projection, By End-Use, Analysis and Projection, By Regional Analysis, Competitive Landscape, Company Profiles, Market Revenue, Sale & Price Analysis
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According to a research report published by Spherical Insights & Consulting, The Global Roofing Tiles Market Size is Expected to Grow from USD 12.69 Billion in 2023 to USD 22.44 Billion by 2033, at a CAGR of 5.87% during the forecast period 2023-2033.
Browse key industry insights spread across 210 pages with 110 Market data tables and figures & charts from the report on the Global Roofing Tiles Market Size, Share, and COVID-19 Impact Analysis, By Material Type (Clay Roof Tile, Concrete Roof Tile, and Others), By Construction Type (New Construction, Renovation, and Replacement), By End-User (Residential and Non-residential), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.
Roofing tiles, made from clay, concrete, or metal, are a popular choice for residential and commercial buildings due to their durability, aesthetic appeal, and energy efficiency, and come in various shapes, sizes, and colors. Roofing tiles come in various patterns like plain, curved, and interlocking, each offering unique aesthetics and functional benefits. Proper installation is crucial for effective performance and long-term aesthetic appeal. The roof's tiles shield it from weather conditions like wind, rain, hail, and temperature changes. Repelling water and stopping leaks are the main purposes of roofing tiles. Roof tiles are growing more and more popular for several reasons, chief among them being the durability, beauty, and strength of the material. The demand for roofing tiles is increasing due to population growth, urbanization, and industrialization, driving the global construction industry. Rising disposable income and improved lifestyles have led to increased spending on new construction and remodeling. Technological advancements and the rise in solar roof tiles offer a lucrative opportunity for market growth. Tesla, a clean energy company, launched Solar Roof Tiles V3, offering an alternative to conventional solar panels and requiring no frequent cleaning due to the lack of a gap between the roof and tiles. However, the world’s unstable economies, geopolitical uncertainty, and low investment in new residential buildings are expected to stifle economic growth and hinder the growth of the roofing tiles market.
The concrete roof tile segment is predicted to hold the highest market share through the forecast period.
Based on the material type, the roofing tiles market is classified into clay roof tile, concrete roof tile, and others. Among these, the concrete roof tile segment is predicted to hold the highest market share through the forecast period. Concrete roof tiles are durable, with an average lifespan of 40-60 years, making them suitable for countries with diverse climates like Egypt, South Africa, Ghana, Malta, India, Bangladesh, Iraq, and Iran. They are produced following ASTM C1492 standards, ensuring their sturdiness and durability, making them popular in the U.S. and the U.K. for strict construction safety requirements.
The new construction segment is anticipated to hold the highest market share during the projected timeframe.
Based on the construction type, the roofing tiles market is divided into new construction, renovation, and replacement. Among these, the new construction segment is anticipated to hold the highest market share during the projected timeframe. The expansion of new buildings is driven by rising demand for roofing tiles, migration to Europe, and recent improvements in the construction sector. The real estate industry growth in North America and Europe is also a significant factor in this growth.
The residential segment is anticipated to hold the highest market share during the projected timeframe.
Based on the end-user, the roofing tiles market is divided into residential and non-residential. Among these, the residential segment is anticipated to hold the highest market share during the projected timeframe. Residential users include mobile homes, multi-family housing, and single-family homes. Roof tiles are widely used in domestic structures to protect against weather and improve aesthetics. Clay and concrete tiles are commonly used. The focus on new product development by manufacturers helps market players thrive in the nation.
Asia-Pacific is estimated to hold the largest share of the roofing tiles market over the forecast period.
Asia-Pacific is estimated to hold the largest share of the roofing tiles market over the forecast period. The Asia-Pacific region is the world's largest market for roofing tiles, driven by economic growth, flat refurbishment adoption in China, Japan, and India, industrialization, urbanization, and infrastructure projects, as well as population growth and commercial and residential infrastructure development.
Europe is predicted to have the fastest CAGR growth in the roofing tiles market over the forecast period. The roofing tile market in Europe is expected to experience moderate expansion due to the significant construction industry and the post-recession recovery in the building sector. The market is expected to benefit from the gradual recovery in the industry, which has experienced financial difficulties and some bankruptcy cases.
Company Profiling
Major key players in the roofing tiles market include Terreal Malaysia Sdn bhd, Shital Potteries, MCA ClayRoof Tile, Marley Ltd, Ludowici Roof Tile, Ecostar LLC, EagleRoofing, Crown Roof Tiles, Boral Limited, and Others.
Recent Development
Key Target Audience
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the roofing tiles market based on the below-mentioned segments:
Global Roofing Tiles Market, By Material Type
Global Roofing Tiles Market, By Construction Type
Global Roofing Tiles Market, By End-User
Global Roofing Tiles Market, By Regional Analysis
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