According to Cognitive Market Research, the global Roofing market size will be USD 132514.5 million in 2025. It will expand at a compound annual growth rate (CAGR) of 4.20% from 2025 to 2033.

North America held the major market share for more than 40% of the global revenue with a market size of USD 38429.21 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2025 to 2033.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 31803.48 million.
APAC held a market share of around 23% of the global revenue with a market size of USD 49030.37 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.6% from 2025 to 2033.
South America has a market share of more than 5% of the global revenue with a market size of USD 5035.55 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.9% from 2025 to 2033.
Middle East had a market share of around 2% of the global revenue and was estimated at a market size of USD 5300.58 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2033.
Africa had a market share of around 1% of the global revenue and was estimated at a market size of USD 2915.3 million in 2025 and will grow at a compound annual growth rate (CAGR) of 4.8% from 2025 to 2033.
Coal category is the fastest growing segment of the Roofing industry

Market Dynamics of Roofing Market

Key Drivers for Roofing Market

Rapid Urbanization and Infrastructure Development to Boost Market Growth

The global population is steadily increasing, leading to accelerated urbanization, particularly in emerging economies such as India, China, Brazil, and Southeast Asian countries. Across the world, a growing proportion of people are residing in cities. In 2012, approximately 52.5% of the global population lived in urban areas, and this figure was projected to rise to 56.9% by 2022. Urbanization rates are generally higher in developed regions, reaching 79.7% in 2022, compared to 52.3% in developing nations. In least developed countries (LDCs), urban dwellers remain a minority, accounting for only 35.8% of the population. Over the past decade, urbanization has been particularly pronounced in developing economies, especially in Asia and Oceania, where the urban population share increased from 44.0% in 2012 to 50.6% in 2022. In response to this rapid urban growth, governments worldwide are making significant investments in smart cities, residential housing, and commercial infrastructure, driving the demand for high-quality roofing materials. Additionally, industrialization and large-scale infrastructure projects, including roads, bridges, and commercial complexes, are further contributing to the increasing need for durable and efficient roofing solutions.

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Growth in the Construction Industry to Boost Market Growth

The expansion of the construction sector, encompassing both residential and non-residential segments, serves as a major driver of the roofing market. In the United States, construction starts experienced a 16.7% growth in 2022, reaching $912 billion. That year also saw a record-breaking value for megaprojects—those valued above $1 billion—with 31 such projects launched, totaling $105.3 billion. The non-residential building sector witnessed a 36.7% increase, primarily driven by the construction of new factory buildings. Additionally, civil engineering projects grew by 26.9% in 2022, with all sectors expanding except for the miscellaneous civil engineering category. Rising disposable incomes and an increasing preference for modern housing solutions are further propelling the demand for residential roofing. Simultaneously, the commercial sector—including office spaces, retail malls, and hospitality industries—is undergoing rapid expansion, reinforcing market growth. Furthermore, government initiatives aimed at affordable housing schemes and real estate investments are playing a crucial role in accelerating the demand for roofing materials.

https://www.constructconnect.com/construction-economic-news/u.s.-and-canadian-2022-construction-overviews./

Restraint Factor for the Roofing Market

High Initial Costs and Installation Expenses, Will Limit Market Growth

Premium roofing materials, such as metal, green roofs, and solar-integrated roofing, come with high upf...

The United States Roofing Market Report is Segmented by Roofing Material (Modified Bitumen, EPDM Rubber, Thermoplastic Polyolefin, PVC Membrane, Metals, Tiles, and Others), Roofing Type (Flat Roof and Slope Roof), and Application (Residential, Commercial, and Industrial). The Market Size and Forecasts are Provided in Terms of Values (USD) for all the Above Segments.

The United States roofing market, valued at $23.35 billion in 2025, is projected to experience robust growth, driven by several key factors. Increased construction activity, particularly in the residential and commercial sectors fueled by population growth and economic expansion, is a major catalyst. Furthermore, aging infrastructure necessitates extensive roof replacements across various building types, further boosting market demand. The shift towards energy-efficient roofing materials, such as modified bitumen and thermoplastic polyolefin, is also a significant trend, contributing to market expansion. While material costs and labor shortages pose challenges, technological advancements in roofing installation and material production are mitigating these restraints. The market is segmented by sector (commercial, residential, industrial), material (modified bitumen, EPDM rubber, thermoplastic polyolefin, PVC membrane, metals, tiles, others), and roofing type (flat, slope). Major players like GAF Materials Corporation, CertainTeed Corporation, and Owens Corning dominate the landscape, competing through innovation and market share expansion. The forecast period of 2025-2033 anticipates continued growth, driven by consistent demand and ongoing construction projects, especially considering the large existing building stock requiring periodic maintenance and upgrades. The CAGR of 6.17% indicates a healthy and sustained expansion of this market throughout the forecast period. The diverse segments within the US roofing market present both opportunities and challenges. The residential segment is expected to be a significant contributor to overall growth, driven by new home construction and remodeling activities. The commercial sector will also see considerable investment as businesses prioritize building maintenance and upgrades. The preference for durable and long-lasting roofing materials like modified bitumen and thermoplastic polyolefin will continue to shape material segment dynamics. The flat roof segment holds a significant share, particularly in commercial applications, while the slope roof segment will experience growth driven by residential construction. The competitive landscape is intense, with leading companies focusing on product innovation, strategic partnerships, and expanding their distribution networks to gain a competitive edge. This dynamic market presents significant opportunities for both established players and new entrants who can effectively address the growing demand for sustainable and high-performance roofing solutions. Recent developments include: February 2024: Beacon, a commercial roofing distributor serving North America, announced the completion of its largest acquisition to date. Roofers Supply, based in Greenville, South Carolina, has two additional branches in Charlotte, North Carolina, and Raleigh, North Carolina. This acquisition marks Beacon’s first in 2024. In 2023, Beacon achieved its Ambition 2025 goals for revenue and shareholder return and continues to progress towards full Ambition 2025., November 2023: Roofing Corporation of Americas LLC, commonly known as Roofing Corp, has been acquired by FirstService Corporation, a national leader in full-service roof replacement, repair, installation, preventative maintenance, and inspection services for commercial, industrial, and residential customers across the United States., December 2023: Soundcore Capital Partners, a private equity firm based in New York City, New York, announced that the acquisition of Roofing Corp was completed on December 15th, 2023.. Key drivers for this market are: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Potential restraints include: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Notable trends are: Single-Ply Roofing Products are Expected to Gain Market Share.

Global Roofing market size is expected to reach $370.41 billion by 2029 at 3.9%, segmented as by type, flat roof, slope roof

The United States roofing market reached approximately USD 23.35 Billion in 2024. The market is projected to grow at a CAGR of 6.60% between 2025 and 2034, reaching a value of around USD 44.24 Billion by 2034.

The India roofing market attained a value of USD 7979.30 Million in 2024. The industry is expected to grow at a CAGR of 7.00% during the forecast period of 2025-2034. By 2034, the India roofing market is expected to reach USD 15696.49 Million.

In India, roofing materials vary widely depending on geography, climate, and application. Common materials include clay tiles, concrete tiles, metal sheets (such as aluminum and galvanised iron), bitumen, fiber cement, and modern alternatives like PVC, TPO (thermoplastic polyolefin), and green roofing membranes. These materials provide various advantages: metal roofing offers strength and recyclability; clay and concrete tiles provide insulation and aesthetic value; bitumen is cost-effective; and modern polymer-based options bring flexibility and energy efficiency. With growing focus on energy conservation, smart cities, and sustainable construction, the India roofing market is poised for long-term expansion supported by innovation and regulatory push.

As rapid urbanisation, government-led housing initiatives (like PMAY), and increasing awareness about sustainable building practices reshape the sector, demand for efficient and durable roofing solutions continues to rise. In April 2023, the government of Telangana launched a cool roof policy for reducing heat retention as well as countering the effects of urban heat island. The impact of climate changes is also heightening the usage of roofing materials for countering extreme weather events and providing long-term durability.

The India roofing industry is witnessing higher deployment of advanced technologies as well as innovative materials for catering to the evolving needs of customers. The demand for modern roofing systems incorporated with self-cleaning properties, smart sensors, and solar panels is picking pace. Additionally, manufacturers are developing lightweight and eco-friendly roofing materials to render better performance and longevity with reduced environmental impacts. In October 2024, JT Roofs launched eco-friendly materials for roof renovation, representing an important step towards sustainability within the roofing industry.

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North America Roofing Market Size 2025-2029

The roofing market in North America size is forecast to increase by USD 3.81 billion at a CAGR of 2.7% between 2024 and 2029.

The roofing market in the US is experiencing significant growth, driven by the high demand for bitumen coating and the shift towards more sustainable, eco-friendly roofing solutions. This trend is being fueled by increasing environmental consciousness and government regulations, leading to an increase in demand for recycled and renewable roofing materials. It is also essential to note that the use of asbestos, a known carcinogen, has been linked to health issues like lung cancer, mesothelioma, and asbestosis. Therefore, the industry is transitioning towards the use of safer alternatives.


However, challenges such as the high demand for bitumen coating, low availability of workforce, and rising labor costs due to the COVID-19 outbreak are posing significant challenges to market growth. To stay competitive, roofing companies must adapt to these market dynamics and explore innovative solutions to address labor shortages and meet the evolving demands of customers. By focusing on sustainability, efficiency, and innovation, roofing businesses can capitalize on the market's growth potential and maintain a strong market position.

What will be the Size of the market During the Forecast Period?

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In the dynamic roofing market, various insulation types, including spray polyurethane foam and roofing felt, play a crucial role in enhancing energy efficiency and reducing heating and cooling costs. Roofing estimating tools and design software, featuring roofing membrane types and performance standards, facilitate accurate cost analysis and optimized roofing lifecycle costs. Single-ply roofing and modified bitumen roofing are popular choices due to their durability and resistance to weather conditions such as ice dams and snow. Roofing contractor certifications ensure professional installation methods, adhering to safety standards and regulations. Roofing software features, like those for roofing drains, vents, and skylights, enable efficient roofing project management.


Roofing installation methods, such as built-up roofing and spray polyurethane foam application, require adherence to safety standards and performance guidelines. Roofing chimneys, gravel, and ventilation systems are essential components in maintaining roofing systems, preventing leaks, condensation, and moisture damage. Roofing bim software and warranty terms offer transparency and peace of mind for businesses, ensuring effective roofing project planning and long-term protection.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Residential
  Non-residential


Material

  Asphalt shingles
  Metal roofing
  Clay and concrete
  Tiles wood shingles and shakes
  Synthetic roofing products


Type

  Flat roofs
  Sloped roofs


Geography

  North America

    US
    Canada
    Mexico

By Application Insights

The residential segment is estimated to witness significant growth during the forecast period. The roofing market encompasses various segments, including residential and commercial roofing, with the former consisting of apartments, homes, flats, bungalows, older-adults homes, student accommodation, and sheltered housing. In North America, the market is poised for significant expansion due to several factors. Improving consumer finances, lower interest rates, and decreasing unemployment are driving forces, enabling the construction of new houses and subsequently new roofs. Population growth and urbanization further fuel market gains in the residential sector. The housing industry's resurgence in various countries in 2024 is attributed to the population boom and falling interest rates. Roofing engineering, BIM, and regulations are essential aspects of the industry, ensuring safety, efficiency, and compliance.
Impact-resistant roofing, roofing accessories, and innovative solutions cater to diverse customer needs. Green building and energy efficiency are key trends, with storm damage repair, energy-efficient roofing, and roof ventilation gaining prominence. Commercial roofing, sustainable roofing, new construction roofing, and roofing maintenance are integral parts of the market. Roofing systems, technology, cost, green roofing, roofing CAD, and energy-efficient roofing are essential components, with metal, asphalt, and flat roofing popular choices. Roofing suppliers, inspections, contractors, estimating, coatings, membranes, warranties, nails, labor, and safety are crucial elements ensuring a robust roofing ecosyst

Global Roofing Services market size 2025 was XX Million. Roofing Services Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

The global roofing market stood at a value of about USD 133.51 Billion in 2024 backed by strong demand for roofing in the construction sector. The market is expected to further grow at a CAGR of 4.70% between 2025 and 2034 to reach a value of approximately USD 211.34 Billion by 2034.

The Latin America roofing market reached a value of about USD 6.41 Billion in 2024, driven by increasing construction activities and rising demand for reflective coating. The market is further expected to grow at a CAGR of 3.30% in the forecast period of 2025-2034 to reach a value of USD 8.87 Billion by 2034.

This statistic shows the revenue of the industry “roofing activities“ in Germany from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of roofing activities in Germany will amount to approximately 22.38 billion U.S. Dollars by 2025.

The Indonesia roofing materials market is supported by the Asia Pacific roofing materials market, which attained a value of USD 33.07 Billion in 2024 and expected to grow in the forecast period of 2025-2034 at a CAGR of 7.00% reaching a value of USD 65.05 Billion by 2034.

This statistic shows the revenue of the industry “roofing activities“ in the United Kingdom from 2012 to 2019, with a forecast to 2025. It is projected that the revenue of roofing activities in the United Kingdom will amount to approximately 6,235.98 million U.S. Dollars by 2025.

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Residential Roofing Market Size 2025-2029

The residential roofing market size is forecast to increase by USD 27.6 million at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant growth due to the increasing demand for energy-efficient and sustainable solutions. Solar roofs and cool roofs, which utilize renewable energy and reflect sunlight to maintain lower temperatures, respectively, are gaining popularity. Weather-resistant, impact-resistant, and fire-resistant roofing materials are also in high demand as homeowners prioritize durability and safety. Smart technology integration, such as sensors and automated systems, is another trend, offering homeowners enhanced control and energy savings. Tiles and concrete remain preferred materials due to their durability and versatility. Strategic partnerships between roofing manufacturers and technology companies are driving innovation in the market. However, the high prices of raw materials pose a challenge, potentially increasing production costs for manufacturers and ultimately affecting consumer prices.

What will be the Size of the Market During the Forecast Period?

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The market encompasses the demand for various roofing systems and materials used in the construction and maintenance of single-family housing units in the United States. This market caters to the needs of builders, contractors, and homeowners for providing adequate protection against environmental elements and enhancing the aesthetic appeal of their properties. Roofing materials play a significant role in the market. Asphalt shingles continue to dominate the market due to their affordability and ease of installation. However, there is a growing trend towards metal and composite roofing materials due to their durability, fire resistance, and energy efficiency. These materials are increasingly being adopted for their ability to withstand extreme weather conditions, UV radiation, and the effects of climate change. Building rehabilitation and remodeling projects also contribute to the market. Hard coating and smart roofing systems are gaining popularity for their ability to extend the life of existing roofs and improve their energy efficiency. These systems provide an effective solution for addressing roof leaks and reducing maintenance costs.
Fire-resistant roofing materials are becoming increasingly important due to the increasing frequency of wildfires and other fire hazards. Metal roofing, in particular, is a popular choice due to its fire resistance and other benefits. Green construction is another trend driving the market. Solar tiles and other renewable energy solutions are being integrated into roofing systems to provide sustainable energy solutions for homes. The installation of roofing systems is a critical aspect of the market. Proper installation is essential to ensure the longevity and effectiveness of the roofing materials. Roofing contractors play a crucial role in this process, providing expertise and ensuring that the installation meets the required standards. The market is influenced by various factors, including climate conditions, building codes, and consumer preferences. New construction projects and reroofing projects also contribute significantly to the market demand.

How is this market segmented and which is the largest segment?

The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Reroofing
  New construction


Product

  Asphalt shingles
  Metal roofing
  Clay and concrete tiles
  Solar tile
  Others


Geography

  North America

    Canada
    US


  APAC

    China
    India
    Japan


  Europe

    Germany
    UK
    France


  South America

    Brazil


  Middle East and Africa

By Type Insights

The reroofing segment is estimated to witness significant growth during the forecast period.

The market encompasses a substantial sector dedicated to reroofing projects, which entails the replacement or enhancement of existing roofs. This segment exhibits a large market size, considerable fragmentation, and stability during economic fluctuations, making it a crucial aspect of the broader roofing industry. In January 2024, Bertram Capital made a strategic investment in Ridgeline Roofing and Restoration, LLC, a prominent player in the US residential reroofing and restoration sector. Operating in key states like Alabama, Georgia, Tennessee, and Florida, Ridgeline specializes in delivering top-notch services to single-family housing units. This investment aims to fuel Ridgeline's expansion across the Southeast and replicate its successful business model in new markets.

Additionally, the focus on reroofing is significant due to the importance of maintai

This statistic shows the revenue of the industry “roofing activities“ in the Netherlands from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of roofing activities in the Netherlands will amount to approximately 3,247.68 million U.S. Dollars by 2025.

The global metal roofing market, valued at $26.31 billion in 2025, is projected to experience robust growth, exhibiting a Compound Annual Growth Rate (CAGR) of 4.6% from 2025 to 2033. This expansion is driven by several key factors. Increasing demand for durable and long-lasting roofing solutions in both residential and non-residential construction sectors is a primary driver. The inherent strength, weather resistance, and relatively low maintenance requirements of metal roofing compared to traditional materials like asphalt shingles are significant contributing factors to its rising popularity. Furthermore, advancements in metal roofing technology, including the development of lighter, more aesthetically pleasing, and energy-efficient options, are fueling market growth. Government initiatives promoting sustainable building practices and energy efficiency also contribute positively, as metal roofs often qualify for various tax incentives and rebates. The market is segmented by roofing material type (steel, aluminum, copper, and others) and application (residential and non-residential), with steel roofing currently dominating the market share due to its cost-effectiveness and widespread availability. Geographic expansion into emerging economies, coupled with increasing urbanization and infrastructure development, particularly in Asia-Pacific and South America, presents significant growth opportunities for market players. While the market displays considerable potential, challenges remain. Fluctuations in raw material prices, particularly steel and aluminum, can impact profitability. Furthermore, the high initial investment cost compared to other roofing materials might hinder adoption in certain segments. However, the long-term cost savings associated with metal roofing's extended lifespan and lower maintenance needs are increasingly outweighing this initial investment hurdle. Competition among established players and new entrants is intense, necessitating continuous innovation and strategic partnerships to maintain market share. The overall outlook for the metal roofing market remains positive, with consistent growth expected throughout the forecast period driven by a combination of technological advancements, favorable government policies, and increasing consumer preference for durable and sustainable building solutions.

The Indian roofing market, valued at approximately $7.59 billion in 2025, is projected to experience robust growth, driven by a burgeoning construction sector, rapid urbanization, and increasing disposable incomes. The 6.50% CAGR indicates a significant expansion over the forecast period (2025-2033). Key market drivers include the ongoing infrastructure development projects, particularly in residential and commercial segments, a rising demand for durable and aesthetically pleasing roofing solutions, and government initiatives promoting affordable housing. The market is segmented by sector (commercial, residential, industrial), material (bituminous, tiles, metal, other), and roofing type (flat, slope), each exhibiting varying growth trajectories. While the residential sector is expected to dominate, driven by a burgeoning middle class, the commercial and industrial sectors are witnessing significant expansion due to large-scale infrastructural investment and industrial growth. Growth is further fueled by the introduction of innovative roofing materials offering enhanced durability, energy efficiency, and aesthetic appeal, including advanced metal roofing systems and energy-efficient tiles. However, challenges like fluctuating raw material prices and potential supply chain disruptions could pose constraints to market growth. The regional distribution of the market showcases a strong concentration within India, reflecting the nation's significant construction activities. While the provided data encompasses a global perspective, India's robust growth outlook dominates the market analysis. The presence of major players like CK Birla Group, Tata Bluescope Steel, and Everest Industries Limited signifies a competitive landscape characterized by established players and emerging innovative companies. The increasing preference for sustainable and eco-friendly roofing solutions presents an opportunity for manufacturers to focus on developing and promoting environmentally responsible products. Future market dynamics will hinge on government policies, economic growth, and the evolving needs of the construction industry. This comprehensive report provides a detailed analysis of the burgeoning roofing industry in India, covering the period from 2019 to 2033. With a focus on market size, growth drivers, and competitive dynamics, this study offers invaluable insights for investors, industry players, and policymakers. The report uses 2025 as its base year, with estimations for 2025 and forecasts extending to 2033, leveraging historical data from 2019-2024. Key segments explored include residential construction, commercial construction, industrial construction, and materials such as bituminous, tiles, metal, and other materials. Roofing types such as flat roofs and slope roofs are also analyzed in detail. Key drivers for this market are: Increasing Disposable Income and Middle-Class Expansion, Increased Awareness of Roofing Solutions. Potential restraints include: The presence of counterfeit or substandard roofing materials in the market poses a significant challenge, The roofing industry faces a shortage of skilled labor. Notable trends are: Increasing Construction Activities to Bolster the Growth of the Roofing Industry in India.

Global R Panel Metal Roofing market size 2025 was XX Million. R Panel Metal Roofing Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.

This statistic shows the revenue of the industry “roofing activities“ in Ireland from 2012 to 2018, with a forecast to 2025. It is projected that the revenue of roofing activities in Ireland will amount to approximately 593.06 million U.S. Dollars by 2025.

Global Specialty Roofing market size 2025 was XX Million. Specialty Roofing Industry compound annual growth rate (CAGR) will be XX% from 2025 till 2033.