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New commercial commercial reroofing new residential and residential reroofing to illustrate.
Freedonia us roofing. Us roofing distributors sales are forecast to rise 5 4 per year to 20 billion in 2021. This report forecasts to 2023 us metal roofing demand in squares one square equals 100 square feet. This freedonia industry study analyzes the 162 million square us residential roofing market. The freedonia group is tracking recent developments and analyzing their impact in an easy to follow economic impact tracker.
Total demand is also segmented by market as follows. This study analyzes us roofing demand by product application new vs. Demand is provided in both area terms squares and value terms us dollars. The residential market which amounted to the larger share of roofing distributors sales will register rapid sales growth through 2021.
Thus age related reroofing is the most significant driver of roofing demand in the us. Shingles shakes and tiles. Reroofing market slope installation type and subregion. This freedonia industry study analyzes the 92 billion global roofing market.
Total demand is segmented by product in terms of. The us has a significant number of homes and businesses with roofs that are at or near the end of their expected lifespans. The south region of the us experienced a variety of severe weather events in 2016 causing widespread roofing damage.
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