Pangkalahatang ideya ng Market

The Global Roofing Tiles Market is projected to witness significant growth, increasing from USD 11,649 million in 2023 to USD 15,333 milyon sa pamamagitan ng 2028. This growth is expected to occur at a compound annual growth rate (CAGR) ng mga 5.65% during the forecast period of 2023-2028.

Roofing tiles are a popular roofing system that consists of overlapping tiles securely attached to the roof deck. These tiles come in various types and can be installed in residential, commercial, and industrial settings. They offer economic benefits, durability, lightweight characteristics, and aesthetic appeal.

In the coming five to ten years, the roofing tiles market is expected to grow further, driven by increased construction activities in the Asia-Pacific region and government initiatives promoting green buildings. Gayunpaman, factors such as fluctuating raw material prices, high costs of roofing tiles, and installation expenses may hinder market growth.

Opportunities for the market are anticipated with the development of solar roof tiles, aligning with the global focus on renewable energy sources and sustainability.

The Asia-Pacific region holds the largest market share for roofing tiles globally, mainly due to robust construction growth in countries such as India, Tsina, the Philippines, and Indonesia. These nations are witnessing rapid urbanization and infrastructure development, leading to increased demand for roofing tiles in the residential and commercial sectors.

Market Segmentation

Ang merkado ay segmented batay sa iba't ibang mga kadahilanan, including type, end-user, at heograpiya.

Segmentation by Type
Clay Tiles
Concrete Tiles
Other Types

Segmentation by End-User
Residential
Non-residential – Commercial, Infrastructure, Industrial

Segmentasyon ayon sa Heograpiya
Hilagang Amerika – Estados Unidos, Canada, Mexico
Europa – Reyno Unido, Alemanya, Pransiya, Italya, and Rest of Europe
Asia-Pacific – Tsina, Hapon, India, Timog Korea, and Rest of Asia-Pacific
Latin America – Brazil, Argentina, and Rest of Latin America
Middle East and Africa – Saudi Arabia, Timog Aprika, and Rest of Middle East and Africa

Concrete roof tiles are a popular choice for residential roofing due to their low-maintenance characteristics. Made from a combination of sand, water, and Portland cement, these tiles can be manufactured in various shapes and textures, including clay tiles, shake shingles, and slate tiles.

The primary function of roof tiles is to protect homes and roofs from harsh weather conditions. They are extensively used in the residential sector for this purpose.

One significant advantage of using roof tiles in residential applications is their ability to reduce heat transfer to the attic. Compared to asphalt shingle roofs, roofing tiles can lower heat transfer by approximately 70%. These tiles are available for different types of homes, including single-family houses, townhomes, condos, and apartment buildings.

Urbanization is a global trend, with the United Nations (UN) projecting that around 50% of the world’s population will reside in urban cities by 2030, increasing to 60%. This rapid growth necessitates the construction of residential properties to meet the demand. The UN estimates that by 2030, over 96,150 houses will be needed daily to accommodate around 40% of the global population.

Residential properties such as apartments, bungalows, and villas are gaining popularity, particularly in emerging nations, driven by urbanization. Construction investments in Europe have been resilient, with a growth rate of 5.2% in 2021 according to the Federation of the European Construction Industry (FIEC). The FIEC also estimates a 2.4% growth in the construction sector in 2022. Sa Estados Unidos, the value of residential construction was USD 910,416 million in 2022, compared to USD 802,933 million in 2021.

Major economies like China, India, Brazil, and Argentina are experiencing expansion, leading to increased demand for housing in their major cities. These trends are expected to impact the demand for roofing tiles in the market.

Investments in residential and commercial construction in countries such as India, Tsina, the Philippines, Ang Vietnam, and Indonesia are expected to drive the market for roofing tiles in the coming years.

China’s construction sector is the largest in the world, employing over 53 million people. According to the National Bureau of Statistics, China’s construction sector output was approximately USD 4.57 trillion (CNY 31.20 trillion) in 2022, a 6% growth from USD 4.29 trillion (CNY 29.31 trillion) in 2021. The construction industry contributed around 6.9% to China’s GDP in 2022. The Chinese government has also introduced a five-year plan to promote sustainability and quality in the construction sector, including increased use of prefabricated building construction.

India’s construction sector is expected to become the world’s third-largest by 2025. Government initiatives like the Smart Cities project and Housing for All are set to boost the Indian construction industry.

Japan is experiencing significant construction activity, with numerous luxury apartments and residential complexes being built. In 2022, around 71,627 permits were issued for dwellings and residential buildings in Japan, compared to about 71,373 in 2021, according to the Organization for Economic Co-operation and Development (OECD).

Mapagkumpitensya na Landscape

The roofing tile market exhibits a fragmented structure, consisting of various key players contributing to its dynamics. Among these significant participants, in no particular order, are Wienerberger AG, Vande Hey Raleigh, Fornace Laterizi Vardanega Isidoro, Eagle Roofing Products, and Standard Industries Inc. (BMI Group), bukod sa iba pa.

Wienerberger AG, being one of the leading global manufacturers of bricks and the foremost player in the clay roof tiles segment, boasts an extensive presence. With a remarkable network of 216 production facilities spanning across 28 countries, the company has established itself as a market leader. Specifically in North America, Wienerberger AG owns and operates 28 manufacturing facilities strategically located in the United States and Canada.

Vande Hey Raleigh specializes in the production and distribution of concrete roof tiles widely employed in historical structures, grand residences, and commercial developments throughout the United States, Canada, and other parts of the world. Distinguished by their expertise, Vande Hey Raleigh has successfully crafted a diverse range of over 4,000 unique colors and blends of roof tiles that cater to the specific preferences of their customers.

Key companies profiled in this report include Crown Roof Tiles, Eagle Roofing, Fornace Laterizi Vardanega Isidoro SRL, Ludowici Roof Tiles, Mca Clay Roof Tile, Standard Industries Inc. (BMI Group), Vande Hey Raleigh, Verea Clay Tile, Vortex Hydra S.r.l. Italya, Wienerberger AG.

Recent Industry Developments

In December 2022, Wienerberger AG made an announcement regarding its intention to acquire Terral’s business operations in France, Italya, Alemanya, Espanya, and the United States for a total sum of USD 650 million. This strategic acquisition aims to facilitate the company’s expansion in the roofing solutions market across Europe. The completion of this acquisition is anticipated to occur in 2023.

In February 2022, Eagle Roofing Products, a company specializing in roofing solutions, revealed plans to increase its manufacturing capacity and introduce a new range of colors in the regions of Western United States and Western Canada. This development is aimed at meeting the growing demand for their products in these specific markets.

Mga Mahahalagang Tanong na Nasagot

What is the duration of the study period for the Roofing Tiles Market?
The study period for the Roofing Tiles Market spans from 2018 sa 2028.

What is the growth rate of the Roofing Tiles Market?
The Roofing Tiles Market is expected to grow at a compound annual growth rate (CAGR) ng mga 5.65% over the next five years.

What is the size of the Roofing Tiles Market?
The Roofing Tiles Market is projected to reach USD 11,649 million in 2023 and is anticipated to grow at a CAGR of 5.65% to reach USD 15,333 milyon sa pamamagitan ng 2028.

Which region exhibits the highest growth rate in the Roofing Tiles Market?
The Asia-Pacific region demonstrates the highest compound annual growth rate (CAGR) during the period from 2018 sa 2028.

Which region holds the largest share in the Roofing Tiles Market?
Europe currently holds the highest market share as of 2022 in the Roofing Tiles Market.

Who are the key players in the Roofing Tiles Market?
The major companies operating in the Roofing Tiles Market include Standard Industries Inc. (BMI Group), Fornace Laterizi Vardanega Isidoro, Vande Hey Raleigh, Wienerberger AG, and Eagle Roofing Products.