Siding Market Report - Trends, Forecast and Competitive Analysis (2018-2023): A ~$102 Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 4, 2019--The “Siding Market Report: Trends, Forecast and Competitive Analysis” report has been added to ResearchAndMarkets.com’s offering.
The global siding market looks promising with opportunities in non-residential and residential construction.
The global siding market is expected to reach an estimated $102 billion by 2023 with a CAGR of 4.3% from 2018 to 2023. The major growth drivers for this market are increasing construction activities, growing repair and maintenance of building exteriors, and a rise in the hospitality industry.
Emerging trends which have a direct impact on the dynamics of the siding market include increasing adoption of fiber cement siding and increasing use of sidings with good insulation to reduce energy consumption through air conditioners and heaters.
The study includes the siding market size and forecast for the global siding market through 2023, segmented by material, end use, application, and region, as follows:
Siding Market by Material [Value ($ Million) and Volume (Million Square Feet) from 2012 to 2023]:Fiber Cement Vinyl Metal Stucco Concrete and Stone Brick Wood Other
Siding Market by End Use [Value ($ Million) and Volume (Million Square Feet) from 2012 to 2023]:Residential Non Residential Healthcare Education Hospitality Retail Office Others
Siding Market by Application [Value ($ Million) for 2017 and 2023]:New Construction Repair and Maintenance
Siding Market by Region [Value ($ Million) from 2012 to 2023]:North America United StatesCanadaMexico Europe GermanyFranceUnited Kingdom APAC ChinaIndiaJapanROWBrazilUAE
Some of the siding companies profiled in this report include Kingspan, James Hardie, Nichiha, Ply Gem, Louisiana Pacific, Georgia Pacific Vinyl Siding, Revere Building Products, and Lixil Group Corporation and others.
On the basis of comprehensive research, it is forecast that the vinyl will remain the largest material type over the forecast period due low material and maintenance cost and availability of wide variety of colors. Research predicts that fiber cement will witness the highest growth during the forecast period due to its eco-friendly nature and fire-resistant property.
Within the global siding market, non-residential will remain the largest end use market during the forecast period due to growth in retail and office buildings. Residential construction is expected to witness the highest growth during the forecast period due to increasing adoption of energy efficient homes.
Asia Pacific is expected to remain the largest market and witness the highest growth over the forecast period supported by increasing urbanization and building construction activities.
Some of the features of Siding Market Report: Trends, Forecast and Competitive Analysis include:Market size estimates: Global siding market size estimation in terms of value ($M) and volume (Million Square Feet) shipment. Trend and forecast analysis: Market trend (2012-2017) and forecast (2018-2023) by application, and end use industry. Segmentation analysis: Global siding market size by various applications such as material, end use, and application in terms of value and volume shipment. Regional analysis: Global siding market breakdown by North America, Europe, Asia Pacific, and the Rest of the World. Growth opportunities: Analysis on growth opportunities in different applications and regions of siding in the global siding market. Strategic analysis: This includes M&A, new product development, and competitive landscape of siding in the global siding market. Analysis of competitive intensity of the industry based on Porter’s Five Forces model
Companies FeaturedGeorgia Pacific Vinyl Siding James Hardie Kingspan Lixil Group Corporation Louisiana Pacific Nichiha Ply Gem Revere Building Products
1. Executive Summary
2. Market Background and Classifications 2.1: Introduction, Background and Classifications 2.2: Supply Chain 2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2012 to 2023 3.1: Macroeconomic Trends and Forecast 3.2: Global Siding Market Trends and Forecast 3.3: Global Siding Market by Material 3.4: Global Siding Market by End-use
4. Market Trends and Forecast Analysis by Region 4.1: Global Siding Market by Region 4.2: North American Siding Market 4.3: European Siding Market 4.4: APAC Siding Market 4.5: ROW Siding Market
5. Competitor Analysis 5.1: Product Portfolio Analysis 5.2: Market Share Analysis 5.3: Geographical Reach 5.4: Porter’s Five Forces Analysis
6. Cost Structure Analysis 6.1: Cost of Goods Sold 6.2: SG&A 6.3: EBITDA Margin
7. Growth Opportunities and Strategic Analysis 7.1: Growth Opportunity Analysis 7.2: Emerging Trends in the Global Siding Market 7.3: Strategic Analysis
8. Company Profiles of Leading Players 8.1: Kingspan 8.2: James Hardie 8.3: Nichiha 8.4: Ply Gem 8.5: Louisiana Pacific
For more information about this report visit https://www.researchandmarkets.com/research/t7crl6/siding_market?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20190204005435/en/
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INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
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PUB: 02/04/2019 09:37 AM/DISC: 02/04/2019 09:37 AM