Market Size of Europe Roofing Tiles Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.88 Billion |
| Market Size (2029) | USD 6.32 Billion |
| CAGR (2024 - 2029) | 5.31 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Europe Roofing Tiles Market Analysis
The Europe Roofing Tiles Market size is estimated at USD 4.88 billion in 2024, and is expected to reach USD 6.32 billion by 2029, growing at a CAGR of 5.31% during the forecast period (2024-2029).
In line with the COVID-19 outbreak in 2020, nationwide lockdowns around the globe, disruptions in manufacturing activities and supply chains, and production halts negatively impacted the European roof tiles market. However, the market recovered from 2021 to 2022 and is expected to continue its growth trajectory during the forecast period.
- Besides, major factors driving the market studied include increasing demand from the construction industry and favorable government policies for green buildings.
- Roof tiles tend to be more expensive than a few other options, which is likely to hamper the market's growth. The lack of skilled workers in the construction industry is also anticipated to impede market expansion.
- Nevertheless, the development of solar roof tiles is expected to offer various lucrative opportunities for the market's growth.
- Among the European countries, Germany is expected to dominate the regional market due to the growth in its construction industry.
