European Roofing Material Market size is projected to surpass USD 36.5 billion by 2027, according to a latest forecast report by Graphical Research. The rising demand for affordable and smart roof construction materials along with increasing popularity due to their technological & aesthetic advantages in the region will fuel the industry expansion.
The market growth is owing to increasing construction activities and rural & urban housing across the region. France accounts for one of the major markets for roofing materials owing to rising construction activities across the country. Additionally, growing investments in the redevelopment and renovation of residential & commercial buildings in the country will further propel the market demand.
On the other hand, the COVID-19 outbreak had a negative impact on the industry’s growth. Construction activities came to a halt during this time, resulting in a significant decline in revenue & demand for roofing materials. The closure of production facilities in the region led to an imbalance in the supply of roofing materials. Travel restrictions and restrictions on the transfer of commodities further impacted the supply chain.
The metal roof materials segment will showcase a CAGR of 5.5% till 2027. Metal roofs are adaptable, allowing them to be turned into any desired shape, such as shingles or slates, to match the surface structures of numerous types of structures. Moreover, lightweight, low lifecycle costs, and fire resistance properties of metal roofs are set to drive the market size.
The reroofing segment will reach USD 25 billion by 2027, attributed to the growing requirement for re-roofing operations across the region. Furthermore, the growing demand for roof renovations in association with building renovations, as the procedure is comparatively simple to implement and cost-effective, is projected to fuel the industry demand.
Browse detailed statistical insights from the report, “Europe Roofing Materials Market Forecast 2027 By Type of Construction (New Construction, Reroofing), By Material (Bituminous, Concrete & Clay Tiles, Metal, Elastomer, Plastics), By Application (Residential, Non-residential), Research Report, COVID-19 Impact Statistics, Country Outlook, Price Trends, Historic Data, Growth Prospects, Competitive Industry Share” along with the table of contents (ToC) @
The non-residential activities segment will witness 3.5% CAGR from 2021 to 2027, on account of rising investments in the renovation and replacement of commercial building roofs, such as government offices, sports facilities, educational institutions, hospitals, and recreational buildings.
France’s roofing material industry will exceed USD 5.3 billion at a CAGR of 4% till 2027, credited to increased tourism, retail trade, and business turnover across the region. The presence of numerous product manufacturers and the vast regional population are boosting the market growth. Moreover, increasing efforts to convert old energy-consuming buildings into energy-efficient & sustainable structures are anticipated to fuel the market expansion.
The roofing materials in European market research report includes in-depth coverage of the industry with estimates & forecast in terms of volume in Kilotons & revenue in USD Million from 2016 to 2027 for the following segments:
Europe Market, By Material
- Concrete & Clay Tiles
Europe Market, By Type of Construction
- New Construction
Europe Market, By Application
The above information has been provided for the following countries: