Freedonia Group Roofing
The residential market which amounted to the larger share of roofing distributors sales will register rapid sales growth through 2021.
Freedonia group roofing. The freedonia group is tracking recent developments and analyzing their impact in an easy to follow economic impact tracker. It presents historical demand data 2007 2012 and 2017 and forecasts for 2022 and 2027 by market and application new residential residential reroofing new nonresidential and nonresidential reroofing and product bituminous tile rubber plastic fiber cement metal and other. Us roofing distributors sales are forecast to rise 5 4 per year to 20 billion in 2021. Through 2021 value demand for metal roofing will advance 2 0 annually to 3 5 billion.
Demand is provided in both area terms squares and value terms us dollars. The south region of the us experienced a variety of severe weather events in 2016 causing widespread roofing damage. Reroofing had a key role in aiding metal roofing demand in 2016 with a variety of severe weather events causing heavy damage to roofs nationwide. Reroofing market slope installation type and subregion.
Unauthorized reproduction or distribution of the publication or any portion of it may result in severe civil and criminal penalties and will be prosecuted to the maximum extent necessary to protect the rights of freedonia. The entire contents of the document are copyrighted by the freedonia group inc. This will restrain gains going forward as activity returns to more normal levels.