Metal Roofing Industry Statistics

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.

Metal roofing industry statistics.

Regulatory compliance is going to be the greatest challenge the roofing industry will face in the decade ahead. Roofing industry statistics and trends. There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal. 40 of new roofing opportunities occur in the non residential sector of the roofing industry.

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. The roofing industry is expected to grow to 5 3 billion over the next several years. Metal roofing currently has an overall market share of 11 in the re roofing segment and accounts for 5 5 of all roofing today. 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.

Kingdom roofing 5 both single ply and metal roofing have increased in sales over the last 12 months and are expected to continue increasing. Banks consultants sales marketing teams accountants and students all find value in ibisworld. 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. Global opportunity analysis and industry forecast 2020 2027.

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. Recovery in the commercial and industrial segments are projected to increase in roofing demand. Latest mra industry research show jump in metal roofing demand for u s. Without a doubt one of the roofing industry trends you are bound to see more of in 2020 is solar roofing.

Get up to speed on any industry with comprehensive intelligence that is easy to read. As it becomes a more accessible option for homeowners across the country more and more people will choose it for themselves with good reason. Professional contractors asphalt shingle manufacturers and makers of other roofing products from across north america discuss topics of interest to both contractors and homeowners such as trends in the roofing industry. The study includes standing seam corrugated ribbed panels and specialty panels but excludes cladding and pre engineered metal buildings.