Market Size of United States Roofing Industry
Study Period | 2020 - 2029 |
Base Year For Estimation | 2023 |
Market Size (2024) | USD 23.35 Billion |
Market Size (2029) | USD 33.45 Billion |
CAGR (2024 - 2029) | 6.17 % |
Market Concentration | Medium |
Major Players*Disclaimer: Major Players sorted in no particular order |
United States Roofing Market Analysis
The United States Roofing Market size is estimated at USD 23.35 billion in 2024, and is expected to reach USD 33.45 billion by 2029, growing at a CAGR of 6.17% during the forecast period (2024-2029).
The US roofing industry is one of the fastest-growing industries in the world. Urbanization, construction, environmental issues, and technological innovation have all contributed to the growth of the roofing industry. The roofing market offers a wide variety of roofing materials and technologies for residential, commercial, and industrial buildings worldwide. The roofing contracting industry in the United States ranks as the 17th largest construction industry in terms of market size and the 213rd largest in the United States in 2022.
The median roofing contractor salary in North Dakota is USD 55,877, while the median roofing wage in Texas is just over USD 27,000. The roofing contractor industry employs 212,000 workers in the United States from 2018 to 2023 and is expected to grow to 220,989 workers in the next five years. As of 2023, the roofing contractor business in the United States totaled 79,139, a slight decrease from 2022. The state with the most roofing contractor businesses is California, with 9,303, followed by Texas, with 6,561, and Florida, with 6,398.
The US roofing market is expected to continue to grow as more companies enter the market and as technology continues to improve the quality of audio. The roofing market has been growing steadily over the years due to its growing applications in a variety of industries. Automotive and construction industries have played a major role in the growth of the roofing market.
United States Roofing Industry Segmentation
The roofing market refers to the industry and market segment that involves the manufacturing, distribution, installation, and maintenance of roofing materials and systems. Roofing is an essential part of construction and architecture, as it provides protection and shelter for buildings and their occupants from various weather conditions, including rain, snow, wind, and sunlight.
The report provides a comprehensive background analysis of the market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the competitive landscape of the industry. Additionally, the impact of the COVID-19 pandemic is incorporated and considered during the study.
The US roofing market report is segmented by roofing material (bituminous roofing, metal roofing, tile roofing, and other roofing materials), 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.
By Sector | |
Commercial Construction | |
Residential Construction | |
Industrial Construction |
By Material | |
Modified Bitumen | |
EPDM Rubber | |
Thermoplastic Polyolefin | |
PVC Membrane | |
Metals | |
Tiles | |
Others |
By Roofing Type | |
Flat Roof | |
Slope Roof |
United States Roofing Market Size Summary
The United States roofing market is experiencing robust growth, driven by factors such as urbanization, construction activities, environmental concerns, and technological advancements. This sector is a significant component of the construction industry, ranking as one of the largest in the country. The market encompasses a diverse range of roofing materials and technologies suitable for residential, commercial, and industrial applications. The industry is characterized by a competitive landscape with numerous companies, including major players like GAF Materials Corporation, CertainTeed Corporation, Owens Corning, and IKO Industries, actively participating to meet the rising demand for roofing solutions. The market's expansion is further supported by the increasing adoption of innovative roofing systems, such as single-ply membranes, which are gaining popularity due to their performance advantages over traditional bituminous options.
The roofing industry in the United States is poised for continued growth, with projections indicating a steady increase in market size over the coming years. The sector's expansion is bolstered by the growing demand for commercial roofing installations, which have shown resilience and stability in recent years. Contractors across various regions anticipate positive sales growth, with expectations of increased revenues and sales volumes. The market dynamics are also influenced by strategic acquisitions and expansions, as seen with companies like Beacon and FirstService Corporation, which are enhancing their market presence through strategic mergers and acquisitions. As the industry evolves, roofing manufacturers are adapting to meet the heightened demand through increased production and supply chain optimization, ensuring they remain competitive in this thriving market.
United States Roofing Market Size - Table of Contents
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1. MARKET INSIGHTS
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1.1 Market Overview
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1.2 Technological Innovations in the Roofing Sector
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1.3 Industry Value Chain/Supply Chain Analysis
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1.4 Impact of Government Regulations and Initiatives taken in the Construction
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1.5 Review and Commentary on the Extent of Government Infrastructure Development Schemes
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1.6 Impact of the COVID-19 Pandemic on the Market
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2. MARKET SEGMENTATION
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2.1 By Sector
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2.1.1 Commercial Construction
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2.1.2 Residential Construction
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2.1.3 Industrial Construction
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2.2 By Material
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2.2.1 Modified Bitumen
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2.2.2 EPDM Rubber
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2.2.3 Thermoplastic Polyolefin
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2.2.4 PVC Membrane
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2.2.5 Metals
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2.2.6 Tiles
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2.2.7 Others
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2.3 By Roofing Type
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2.3.1 Flat Roof
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2.3.2 Slope Roof
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United States Roofing Market Size FAQs
How big is the United States Roofing Market?
The United States Roofing Market size is expected to reach USD 23.35 billion in 2024 and grow at a CAGR of 6.17% to reach USD 33.45 billion by 2029.
What is the current United States Roofing Market size?
In 2024, the United States Roofing Market size is expected to reach USD 23.35 billion.