Roofing Tiles Market, By Type (Clay Roof Tile, Concrete Roof Tile, and Others), By Application (Residential and Non-residential), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

Published In : Jul 2024

Code : CMI7139

Pages :138

Formats :

Excel and PDF

Industry : Consumer Goods

Market Concentration and Competitive Landscape

Roofing Tiles Market Concentration By Players

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Rise of Remodeling and Renovation Market

The worldwide remodeling and renovation market has seen tremendous growth over the last decade due to aging building stock, rising disposable incomes, changing design preferences, and real estate investments. Homeowners are now continuously upgrading and improving their spaces with modern amenities, fixtures, and styling. Similarly, developers are repositioning and rejuvenating outdated commercial properties to boost occupancy rates and rental yields. Both the residential and non-residential segments have contributed to the vibrant remodeling industry across developed as well as developing economies. Since roof is one of the most prominent architectural elements, the replacement and refurbishment of existing roofing systems has emerged as a noteworthy segment within remodeling activities. This bodes very well for roofing tile manufacturers as old or damaged tile roofings are increasingly replaced with new designs, profiles, and material types available in the market. Advancements in tile-laying techniques have also enabled smoother transitions during remodeling tasks. All of these underpin strong growth opportunities for roofing tiles stemming from the thriving remodeling and renovation sector.

Key Players Insights