Metal Roofing Industry Statistics

Roofing market by material type bituminous roofing metal roofing tile roofing and others type flat roof and slope roof and application residential commercial and industrial.

Metal roofing industry statistics.

Recovery in the commercial and industrial segments are projected to increase in roofing demand. Regulatory compliance is going to be the greatest challenge the roofing industry will face in the decade ahead. Roofing industry statistics and trends. 2018 was a good year for the metal roofing industry.

Latest mra industry research show jump in metal roofing demand for u s. Global opportunity analysis and industry forecast 2020 2027. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal. Kingdom roofing 6 68 of industry professionals that responded are expecting solar related sales to remain consistent with only 25 percent expecting the green option to experience significant growth.

Find industry analysis statistics trends data and forecasts on roofing contractors in canada from ibisworld. The 2017 north american metal roofing market is a 3 3 billion industry at the manufacturer factory gate level according to principia consulting s latest industry report. As it becomes a more accessible option for homeowners across the country more and more people will choose it for themselves with good reason. 40 of new roofing opportunities occur in the non residential sector of the roofing industry.

At the most recent ire roofing contractor magazine sponsored a state of the roofing industry report. Get up to speed on any industry with comprehensive intelligence that is easy to read. With a robust economy a strong housing market and homeowners willing to invest in better quality longer lasting products metal roofing was and is positioned to take advantage of additional growth and market adoption. According to the recent 2019 dodge report data commissioned by the metal roofing alliance metal roofing is the second most popular type of residential roofing in the u s.

The study includes standing seam corrugated ribbed panels and specialty panels but excludes cladding and pre engineered metal buildings. Metal roofing currently has an overall market share of 11 in the re roofing segment and accounts for 5 5 of all roofing today. Without a doubt one of the roofing industry trends you are bound to see more of in 2020 is solar roofing. Banks consultants sales marketing teams accountants and students all find value in ibisworld.