Roofing Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented, By Product Type (Bituminous Roofing, Metal Roofing, Tile Roofing and Others), By Application (Residential, Commercial, Non-Residential and Others), By Region, By Competition, 2021-2031F

Forecast Period	2027-2031
Market Size (2025)	USD 2.35 Billion
CAGR (2026-2031)	5.55%
Fastest Growing Segment	Metal Roofing
Largest Market	North America
Market Size (2031)	USD 3.25 Billion

Market Overview

The Global Roofing Market will grow from USD 2.35 Billion in 2025 to USD 3.25 Billion by 2031 at a 5.55% CAGR. Roofing constitutes the external upper layer of a building envelope, constructed from materials like asphalt, metal, and membranes to shield interiors from environmental hazards such as precipitation and solar radiation. The market is primarily propelled by accelerated urbanization requiring new residential and commercial developments alongside a consistent need for renovation in aging structures. Furthermore, regulatory mandates for improved energy efficiency drive the adoption of advanced insulation and reflective surface technologies, compelling property owners to upgrade existing systems.

One substantial challenge hindering broader expansion is the fluctuation in raw material costs combined with a persistent scarcity of skilled installation labor. Nevertheless, volume indicators suggest underlying strength in the sector despite these economic pressures. According to the Asphalt Roofing Manufacturers Association, in 2024, shipments of United States shingles for the first three quarters totaled approximately 134.7 million squares, representing a 2.6 percent increase over the previous year. This resilience highlights the essential nature of roofing products amid operational headwinds.

Key Market Drivers

Rising Demand for Energy-Efficient and Green Roofing Systems is fundamentally reshaping the sector as regulatory bodies and building owners prioritize sustainability to reduce carbon footprints. The push for carbon neutrality is accelerating the adoption of reflective cool roofs, superior insulation, and integrated solar technologies that minimize energy consumption. Manufacturers are increasingly pivoting their portfolios toward these high-performance solutions to meet stricter environmental codes and capitalize on the green building wave. According to Holcim, February 2025, in the 'Full Year 2024 Results' report, sales of advanced branded solutions, including energy-efficient roofing and insulation systems, increased to 36 percent of the company's total net sales in 2024, rising from 30 percent the previous year.

Expansion of Residential Renovation and Re-roofing Projects serves as a critical stabilizer for the market, decoupling industry performance from the volatility of new construction cycles. The aging housing stock and the non-discretionary nature of roof repairs ensure a continuous stream of revenue, particularly in regions prone to severe weather events where durability is paramount. This segment remains robust as homeowners invest in upgrades to protect asset value. According to Beacon Building Products, February 2025, in the 'Fourth Quarter and Full Year 2024 Results', residential roofing product sales for the fiscal year ending December 31, 2024, increased by 3.9 percent compared to the prior year. Furthermore, reflecting the broader strength of the sector, according to Carlisle Companies, in 2025, revenue for the Construction Materials segment reached $3.7 billion for the full year of 2024, marking a 13.9 percent increase over the previous year.

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Key Market Challenges

A persistent scarcity of skilled installation labor creates a significant bottleneck for the Global Roofing Market, preventing the sector from fully capitalizing on rising demand. This workforce deficit forces contractors to extend project timelines and restrict the number of new contracts they can accept, effectively capping market volume. Furthermore, the intense competition for available qualified workers drives up labor wages, which inflates overall project costs and squeezes profit margins for service providers. These operational constraints complicate the adoption of modern roofing technologies that require specialized application techniques, as the industry struggles to replace a retiring workforce with adequately trained personnel.

The severity of this issue is underscored by recent industry data highlighting the magnitude of the shortfall. According to Associated Builders and Contractors, in 2024, the United States construction industry needed to attract an estimated 501,000 additional workers on top of normal hiring rates to meet demand. This profound gap in the broader construction labor force directly hampers the roofing segment, as the lack of trained field personnel renders it difficult to execute projects efficiently, thereby slowing the overall growth trajectory of the market despite robust order volumes.

Key Market Trends

The Implementation of Drones for Aerial Roof Inspections is transforming maintenance workflows by enhancing safety and precision. Contractors increasingly deploy unmanned aerial vehicles equipped with thermal imaging to detect leaks and structural damage, eliminating the need for personnel to scale dangerous heights. This technology enables rapid assessment of complex structures, significantly reducing labor hours and operational risks. Artificial intelligence further amplifies this utility by automating damage measurement and analysis. According to EagleView, December 2025, in the 'AI Impact and Adoption Report', 44 percent of surveyed professionals expect their investment in AI and aerial imagery to increase over the next twelve months.

Concurrently, the Resurgence of Metal Roofing in Residential Sectors is accelerating as homeowners seek longevity against severe weather. Metal is capturing market share due to its superior durability and fire resistance compared to asphalt shingles. This shift is supported by new aesthetic styles mimicking natural materials, offering lifespans exceeding fifty years. This transition is projected to expand as property owners prioritize asset protection over initial cost. According to the Metal Roofing Alliance, August 2025, in the 'Residential Roofing Trends: Keys to Growth This Year and Beyond' article, forecasts indicate a 19 percent increase in growth for residential metal roofing from 2024 to 2028.

Segmental Insights

The Metal Roofing segment is identified as the fastest-growing category in the Global Roofing Market, driven by a critical shift toward sustainable infrastructure. This momentum stems from the material's superior durability and thermal efficiency, which effectively reduce long-term operational costs compared to conventional asphalt or tile options. Unlike traditional materials, metal roofing offers high recyclability, directly addressing the requirements of modern environmental policies. Moreover, compliance with rigorous energy codes and green building standards, such as those promoted by the World Green Building Council, accelerates the adoption of these systems. This trend reflects a strategic preference for resilient construction materials in both residential and commercial sectors.

Regional Insights

North America leads the Global Roofing Market, primarily driven by extensive residential and commercial renovation activities. The region's aging infrastructure and frequent severe weather events necessitate consistent roof replacements and retrofitting projects. Furthermore, strict regulatory frameworks regarding energy conservation significantly shape market dynamics. For instance, the U.S. Department of Energy actively promotes the adoption of energy-efficient roofing solutions to reduce building thermal loads, fostering high demand for reflective and insulating materials. This distinct focus on sustainability, combined with a mature construction sector and established supply chains, secures North America's dominant position in the global landscape.

Recent Developments

• In May 2025, CertainTeed announced a collaborative effort with the Insurance Institute for Business & Home Safety (IBHS) to offer a comprehensive roofing system that meets the rigorous FORTIFIED Roof standards. As part of this initiative, the company introduced two new components engineered to enhance weather resilience: the CertaSeam Roof Tape for sealing deck joints against water intrusion and the SwiftStart SA Starter Shingle for improved edge protection. This development highlighted the company's focus on manufacturing resilient building materials capable of withstanding severe weather events, providing homeowners with verified protection against high winds and hail.
• In February 2025, GAF Energy launched the next generation of its nailable solar roofing system, the Timberline Solar ES 2. This new iteration represented a significant breakthrough in solar technology, delivering a 23% increase in power output compared to the previous model, with each shingle providing 57 watts of energy. The product featured enhanced installation efficiency through an improved "StrikeZone" and was designed to integrate seamlessly with traditional asphalt shingles for a consistent aesthetic. The company emphasized that this launch was the result of extensive research and development aimed at making residential solar roofing more powerful, durable, and accessible to homeowners.
• In July 2024, Kingspan Group and LONGi Green Energy Technology formalized a strategic partnership to advance solar integration in the building envelope. This collaboration aimed to combine Kingspan's high-performance insulation and building solutions with LONGi's advanced solar technology to develop innovative Building Integrated Photovoltaic (BIPV) and Building Applied Photovoltaic (BAPV) systems. The companies agreed to work together on research and development to create third-party insurance-tested solar solutions that support net-zero energy targets in the construction sector. This joint effort underscored a commitment to sustainable building practices and energy efficiency on a global scale.
• In March 2024, Carlisle Companies Incorporated entered into a definitive agreement to acquire MTL Holdings from a private equity firm for $410 million in cash. This acquisition was designed to strengthen Carlisle’s portfolio in the commercial roofing sector by adding high-performance, prefabricated edge metal systems and wall solutions. MTL Holdings, known for its Metal-Era and Hickman Edge Systems brands, generated revenue of $132 million in the twelve months ending February 2024. The transaction aligned with Carlisle's Vision 2030 strategy to build a concentrated building products company and was expected to generate significant cost synergies within the first three years.

Key Market Players

• Atlas Roofing Corporation
• Owens Corning
• Sika AG
• Duro Last Roofing Inc.
• 3M Company
• Dow Chemical Company
• Bansal Roofing Products Limited
• CK Birla Group

By Product Type	By Application	By Region
Bituminous Roofing Metal Roofing Tile Roofing and Others	Residential Commercial Non-Residential and Others	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Roofing Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

• Roofing Market, By Product Type:

• Bituminous Roofing
• Metal Roofing
• Tile Roofing and Others

• Roofing Market, By Application:

• Residential
• Commercial
• Non-Residential and Others

• Roofing Market, By Region:

• North America
• United States
• Canada
• Mexico
• Europe
• France
• United Kingdom
• Italy
• Germany
• Spain
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• South America
• Brazil
• Argentina
• Colombia
• Middle East & Africa
• South Africa
• Saudi Arabia
• UAE