United States Roofing Services Market Insights Report 2024: A $55.57 Bn Market by 2029 from $23.2 Bn in 2023, Driven by Energy-Efficient Solutions, Water-Proofing, and Modern Architecture

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Feb 28, 2024, 11:00 ET

DUBLIN, Feb. 28, 2024 /PRNewswire/ -- The "U.S. Roofing Services Market - Focused Insights 2024-2029" report has been added to ResearchAndMarkets.com's offering.

The U.S. roofing services market was valued at USD 23.20 billion in 2023 and is expected to reach a value of $33.57 billion by 2029, growing at a CAGR of 6.35% from 2023 to 2029.

The U.S. roofing services market is growing significantly due to rising interest in energy-efficient roofing, increasing demand for waterproofing solutions, growing popularity of modern architecture, rising demand for solar roofing supported by government incentives & building codes, growing popularity of smart roofs, increasing demand for green roofs, growing hospitality industry, growth of the real estate sector, and rise in home improvement projects.

The rising popularity of energy-efficient buildings increases demand for roofing services from residential spaces.

With 38% of the market share, the roof installation type dominates the services segment. It includes the installation of new roofs for structures under construction. The roof installation demand is growing significantly in the U.S. due to various factors, including weather events, building codes, and technological advancements. Hailstorms and other weather conditions can damage roofs, increasing the demand for the repair & installation of new roofs.

The commercial end-user segment is growing at a CAGR of 6.48%. The demand for roofing services for office buildings is growing significantly, driven by new construction, renovation, and sustainability initiatives. It focuses on aesthetics, energy efficiency, and ease of maintenance. The demand for roofing services from retail spaces is influenced by rebranding projects, weather-related, and repair store expansions.

The U.S. roofing services market by application is segmented into existing and new. The new application segment is projected to grow steadily in the market, and the multi-family and single-family homes propel its growth. Post-pandemic housing units have increased in the U.S., requiring new roofs, which drives the demand for roofing services in the U.S. market.

The U.S. roofing services market is highly fragmented. Most companies in this market have less than 50 employees, as established local players have strong customer relationships in their communities. Baker Roofing, Centimark Corporation, Crane Group, Flynn Group, Nations Roofing, and Tecta America Corporation are the leading players with strong market penetration.

MARKET STRUCTURE

Market Dynamics
Competitive Landscape of the U.S. Roofing Services Market
Key Vendors
Other Prominent Vendors

VENDORS LIST

Key Vendors

Baker Roofing
Centimark Corporation
Crane Group
Flynn Group
Nations Roofing
Tecta America Corporation

Other Prominent Vendors

Best Contracting Services
CMR Construction & Roofing
Corey Construction
Crown Roofing LLC
Feazel
Greenwood Industries, Inc.
Kalreuth Roofing and Sheet Metal
Latite Roofing
PAX Services Group
Schreiber Corporation
Advanced Roofing
AGM Roofs
Apple Roofing
ASPEN CONTRACTING
BELDON GROUP OF COS.
BlueThread Services
Capital Construction LLC
COLLIS ROOFING
Cotton Holdings, Inc.
CP Rankin
Crown Roofing LLC
Douglass Colony Group
Dynamic National
Expert Super Seal
Infinity Roofing & Siding
INTERSTATE ROOFING CO.
J Ferg
Northpoint Roofing Systems
Power Home Remodeling
Roof Technology Partners
Roofing Corp of America
Roofing Southwest
Sela Commercial Roofing
Total Home Companies, Inc.
Tristate Pro
United States Roofing Corporation

U.S. ROOFING SERVICES MARKET SEGMENTATION & FORECAST

Services Market Insights (2023-2029)

Roof Installation
Roof Inspection, Repair & Maintenance Services
Roof Replacement
Roof Restoration

End-User Market Insights (2023-2029)

Commercial
Residential
Industrial

Application Market Insights (2023-2029)

Existing
New

For more information about this report visit https://www.researchandmarkets.com/r/usg0na

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