Roofing Tiles Market Share

APAC Market Forecast

The roofing tiles market in Asia Pacific is estimated to have the largest share of about 43% in 2023, driven by the higher number of manufacturing and construction bases that are present in the region. Emerging economies of several countries such as China, India, Philippines, Indonesia, and Vietnam have the highest level of expansion, with an emphasis on energy-efficient buildings. According to a survey, the average percentage of manufacturing enterprises in Asia was roughly 15% across 29 countries, with China accounting for the biggest share at 27.7%.

North American Market Statistics

The North American roofing tiles market is expected to be the second largest during the forecast period, driven by a surge in demand for re-roofing of residential and industrial buildings. This is predicted to have a favorable impact on the construction workers' sector in the region in terms of upgrading a large number of older buildings that have already outlived their intended lifespan.

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of roofing tiles is evaluated at USD 37.53 billion.

The roofing tiles market size was valued at USD 35.84 billion in 2024 and is expected to reach USD 75.51 billion by 2037, expanding at around 5.9% CAGR during the forecast period i.e., between 2025-2037. The growing focus on energy and environment and Growing global construction market will drive the market growth.

Asia Pacific industry is estimated to hold largest revenue share of 43% by 2037, impelled by higher number of manufacturing and construction bases in the region.

The major players in the market include Standard Industries Inc, Tesla Inc, IKO, Etex, Fornace Lateizi Vardanega Isidoro, Vande Hey Raleigh, Eagle Roofing Products, Trevis Perkins, Boral roofing, BMI group, Wienerberger AG

Roofing Tiles Market Share