1 Global Roofing Tiles Market Outlook
The global Roofing Tiles market is projected to exhibit substantial growth in the coming years, with a CAGR of 5.42% from 2024 to 2033, reaching a total market size of $18189.76 million USD in 2024. Roofing tiles are categorized into several types, including concrete tiles, clay tiles, terracotta tiles, and others. Each type has unique characteristics that make them suitable for different applications. Concrete tiles are known for their durability and cost-effectiveness, making them a popular choice for residential roofing. Clay tiles, on the other hand, offer a traditional and aesthetic appeal, often used in historical or high-end residential projects. Terracotta tiles, with their distinct reddish-brown color, provide a classic look and are commonly used in Mediterranean-style architecture.
Figure Global Roofing Tiles Market Size and Growth Rate (2024-2033)
2 Roofing Tiles Market Growth Drivers and Constraints
The growth of the global roofing tiles market is influenced by several driving and limiting factors. On the positive side, the increasing demand for roofing tiles is primarily driven by the growth in the construction industry. With the global economy developing steadily, the middle-class population is expanding, and disposable incomes are rising. This has led to an increased demand for housing, particularly in emerging economies like China and India. The residential sector accounts for the largest share of roofing tile consumption, with a market share of 67.22% in 2018. Additionally, the development of solar roofing tiles presents a significant opportunity for market growth, as countries strive to achieve carbon neutrality and promote energy-efficient building materials.
However, the market also faces several challenges. One of the primary limiting factors is the threat of alternative materials. Products such as moving roofs, restorative coatings, and solar photovoltaic panels offer better performance characteristics and pose a significant threat to traditional roofing tiles. High manufacturing costs, including labor and raw materials, also limit market growth. New entrants require substantial capital for plant and equipment procurement, which can be a barrier to entry. Furthermore, established brands enjoy high customer loyalty, making it difficult for new players to gain market share.
3 Roofing Tiles Market Innovations and M&A Activities
The roofing tiles market has witnessed significant technological innovations and corporate activities in recent years. Technological advancements have led to the development of more durable, energy-efficient, and aesthetically pleasing roofing tiles. For instance, Standard Industries has introduced Protegon, a concrete roof tile with special pigments that reflect 300% more infrared rays than traditional tiles, keeping roofs cooler and improving indoor air quality. Wienerberger, another major player, offers a wide range of clay roof tiles designed for both modern and historical buildings, showcasing the industry’s focus on innovation and sustainability.
Corporate mergers and acquisitions have also played a crucial role in shaping the market landscape. Standard Industries’ acquisition of Braas Monier to form the largest manufacturer in the European roofing industry is a notable example. This strategic move has allowed Standard Industries to expand its product portfolio and strengthen its market position. Similarly, Wienerberger’s acquisition of Watsontown Brick has broadened its market footprint in the northeastern United States and Canada.
In addition to these major acquisitions, other companies have also engaged in strategic partnerships and product innovations. For example, TERREAL’s acquisition of a 51% stake in GSE Intégration has enabled the company to expand into the residential solar power market. These activities reflect the industry’s focus on diversifying product offerings and tapping into new market opportunities.
4 Global Roofing Tiles Market Analysis by Type
In 2024, the global roofing tiles market is projected to reach a total value of 18,189.76 million USD. Among the different types of roofing tiles, concrete tiles are expected to have a market value of 7,114.02 million USD, accounting for approximately 39.11% of the total market value. Clay tiles will have a value of 7,419.60 million USD, representing 40.79% of the total market value. Terracotta tiles are forecasted to reach a value of 854.92 million USD, making up 4.70% of the total value. Other types of roofing tiles will contribute the remaining 15.40%, with a market value of 2,801.22 million USD.
Table Global Roofing Tiles Market Size and Share by Type in 2024
Type | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
Concrete Tile | 7114.02 | 39.11% |
Clay Tile | 7419.60 | 40.79% |
Terracotta Tile | 854.92 | 4.70% |
Others | 2801.22 | 15.40% |
5 Global Roofing Tiles Market Analysis by Application
In 2024, the global roofing tiles market is projected to have a total value of 18,189.76 million USD. By application, the residential sector is expected to account for the largest share, with a market value of 12,461.80 million USD, representing 68.51% of the total market value. The commercial sector will have a market value of 5,280.49 million USD, contributing 29.03% to the total value. Other applications will make up the remaining 2.46%, with a market value of 447.47 million USD.
Table Global Roofing Tiles Market Size and Share by Application in 2024
Application | Market Size in 2024 (M USD) | Market Share in 2024 (%) |
|---|---|---|
Residential | 12461.80 | 68.51% |
Commercial | 5280.49 | 29.03% |
Others | 447.47 | 2.46% |
6 Global Roofing Tiles Market Analysis by Region
In 2024, the global roofing tiles market is forecasted to reach a total value of 18,189.76 million USD. By region, North America is expected to hold a market value of 4,242.23 million USD, accounting for 23.25% of the global market. Europe will maintain its position as a significant market with a value of 5,820.13 million USD, representing 32.00% of the total market value. China is projected to have a market value of 2,678.40 million USD, contributing 14.79% to the global market. Japan will contribute 628.21 million USD, or 3.33% of the total. The Middle East & Africa region is expected to reach 697.74 million USD, making up 3.85% of the global market. India will have a market value of 1,209.82 million USD, contributing 6.68% to the total. Lastly, South America is forecasted to have a market value of 867.22 million USD, representing 4.60% of the global roofing tiles market.
Figure Global Roofing Tiles Market Share by Region in 2024
7 Top 3 Companies of Global Roofing Tiles Market
7.1 Standard Industries
Company Introduction and Business Overview:
Standard Industries is a global industrial company with a rich history dating back to 1886. Headquartered in Oberursel, Germany, the company has a significant presence in North America and Europe. Standard Industries is renowned for its interests in building materials, including the world’s largest roofing and waterproofing solutions. The company operates through a network of manufacturing plants and distribution centers, ensuring a wide reach across various regions.
Products Offered:
Standard Industries offers a comprehensive range of roofing tiles, including concrete tiles, clay tiles, and terracotta tiles. One of their standout products is the Protegon concrete roof tile, which features special pigments that reflect 300% more infrared rays than traditional tiles. This innovative product not only keeps roofs cooler but also improves indoor air quality. The company’s product portfolio also includes traditional clay tiles, which are popular for their aesthetic appeal and durability.
Sales Revenue in the Latest Year:
In the latest year, Standard Industries reported a production value of 855.48 million USD. The company’s robust product offerings and strategic market positioning have contributed to its consistent growth and strong market share. Standard Industries continues to invest in research and development to enhance its product quality and introduce new solutions that meet the evolving needs of the construction industry.
7.2 Etex
Company Introduction and Business Overview:
Etex, established in 1905, is a leading European manufacturer and seller of pitched roofing solutions. The company is headquartered in Gilmer, Texas, USA, and has a significant presence across Europe. Etex is known for its broad portfolio of roofing and associated solutions, catering to both residential and commercial construction projects. The company’s commitment to innovation and quality has enabled it to maintain a strong market position.
Products Offered:
Etex offers a wide range of roofing tiles, including the Double Roman Concrete Roof Tile. This product is designed for easy installation and high coverage, making it suitable for various architectural styles. The Double Roman tile is available in Natural Red and Matt Black, offering flexibility in design and aesthetic appeal. Etex also provides a variety of fittings and accessories to complement its roofing tiles, ensuring comprehensive solutions for customers.
Sales Revenue in the Latest Year:
In the latest year, Etex reported a production value of 677.00 million USD. The company’s focus on innovation and customer satisfaction has driven its growth and market share. Etex continues to invest in new technologies and product development to stay ahead of market trends and meet the diverse needs of its customers.
7.3 Wienerberger
Company Introduction and Business Overview:
Wienerberger, founded in 1819, is the world’s largest producer of bricks and a leading supplier of clay roof tiles, concrete pavers, and pipe systems in Europe. The company operates in 30 countries with 195 production sites, showcasing its extensive global reach. Wienerberger is headquartered in Vienna, Austria, and is renowned for its high-quality building materials and innovative solutions.
Products Offered:
Wienerberger offers a diverse range of roofing tiles, including clay roof tiles that are suitable for both modern and historical buildings. The company’s clay roof tiles are known for their durability, aesthetic appeal, and ability to withstand various weather conditions. Wienerberger’s product portfolio also includes concrete pavers and pipe systems, providing comprehensive solutions for construction projects.
Sales Revenue in the Latest Year:
In the latest year, Wienerberger reported a production value of 604.12 million USD. The company’s strong market position and commitment to innovation have contributed to its consistent growth. Wienerberger continues to invest in research and development to enhance its product offerings and meet the evolving needs of the construction industry.