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Market Outlook
The global roofing market stood at more than USD 100 billion in 2018 backed by strong demand for roofing. The market in the US alone attained a value of about USD 26 billion in 2018. Due to rapid urbanization, technological innovations and a rise in construction activities, the global construction industry is growing at a CAGR of about 4% during the forecasted period of 2019-2024 and is expected to drive the demand for roofing globally.
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The global roofing market stood at more than USD 100 billion in 2018 backed by strong demand for roofing. The market in the US alone attained a value of about USD 26 billion in 2018. Due to rapid urbanization, technological innovations and a rise in construction activities, the global construction industry is growing at a CAGR of about 4% during the forecasted period of 2019-2024 and is expected to drive the demand for roofing globally.
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Numerous construction companies are existing in the construction industry which serves the people for their housing requirements. People have endless requirements regarding their dream housing amenities and their actual homes as to how they should look like and what types of facilities and interiors should be there in it.