Metal roofing is in the spotlight within steep slope roofing as segment sales are growing from light commercial new construction and residential remodeling. Increasing architect and property owner acceptance has helped this industry segment become a multi-billion dollar market in 2017.
“The diversity and longevity of a metal roof offers many benefits for the market to consider. The high initial cost of metal roofing is offset by its long useful life of 50 years or more which presents the market with an interesting decision as to whether to invest more into the growingly accepted metal roof market”, according to Ken Jacobson, a Partner at Principia Consulting.
Several factors could be contributing to the increase in acceptance of metal roofing products. Residential metal roofs are now available in a wide variety of designs to complement any style home. In fact, traditional asphalt roofing suppliers have introduced highly styled products to simulate shingles, slate, tile and shakes adding to the curb appeal of these products. The green factor also could play a role with metal roofing typically containing an average of 50% of recycled content. In addition, metal roofs can be “cool” and lower annual household expenses, providing an energy efficient solution.
Principia is launching Metal Roofing 2017 which provides a vital baseline analysis for forecasting and business planning for current and new industry participants. Using 2016 as its launch point, the report analyzes demand drivers and trends by material, construction type, distribution channel, supplier and region, providing forecasts through 2020.
It also analyzes trends in current products, new product developments and technologies, and competitive materials, helping companies anticipate customer needs, plus insights into:
- Up-to-date market size and forecast
- Voice of Customer feedback on usage and preference trends
- Channel dynamics and trends impacting demand
- Market share review for metal roofing producers
- Strategic insights into growth of metal roofing
Subscribers also have access to Principia’s market assessment and forecast. The interactive tool enables subscribers to evaluate the market through whatever lens they choose. It provides a year over year forecast to 2020. This powerful web-based tool is designed around best practices of data visualization and usability. The online platform enables users to login from any desktop or mobile device to access all of the data from the report, with the ability to instantly customize the data views.
Metal Roofing 2017 will launch in the third quarter of 2017 and is scheduled for completion in the fourth quarter of 2017.
Click Here to access more information on the Metal Roofing 2017 report.