According to the recent study the siding market is projected to reach an estimated $127.7 billion by 2028 from $101.7 billion in 2022, at a CAGR of 3.9% from 2023 to 2028. Growth in this market is primarily driven by increasing construction activities, growing repair and maintenance of building exteriors, and a rise in the hospitality industry.
Browse 129 figures /
charts and 102 tables in this 187-page report to understand trends,
opportunities and forecast in siding market by material (fiber cement, vinyl,
metal, stucco, concrete and stone, brick, wood, and others), end use
(residential and non residential), application (new construction and repair and
maintenance), and region (North America, Europe, Asia Pacific, and the Rest of
the World).
Download sample report by clicking on below link
https://www.lucintel.com/siding-market.aspx
“Vinyl market is expected to remain the
largest segment during the forecast period.”
Based on material, the
siding market is segmented into fiber cement, vinyl, metal, stucco, concrete
and stone, brick, wood, and others. Lucintel forecasts that the vinyl market is
expected to remain the largest segment due to low material and maintenance cost
and availability of wide variety of colors.
“Within the siding market, the non-residential segment is expected
to remain the largest end use.”
Based on end use the
non-residential segment is expected to witness the highest growth over the
forecast period due to growth in retail and office buildings.
“Asia pacific will dominate the siding market in near future.”
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.
Download Brochure of this report by clicking on https://www.lucintel.com/siding-market.aspx.
Major players of siding
market are adopting various growth strategies like new product launches,
expansions, merger and acquisitions, partnerships, agreements, and
collaborations to expand their presence in this market. Valmont Industries,
Kingspan, James Hardie, Nichiha, Ply Gem, Louisiana Pacific, Georgia Pacific
Vinyl Siding, Revere Building Products, and Lixil Group Corporation are among
the major siding providers.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or click on this link https://www.lucintel.com/siding-market.aspx or helpdesk@lucintel.com.
About Lucintel
At Lucintel, we offer solutions for you growth
through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for
1,000+ clients for over 20 years. We are quoted in several publications like
the Wall Street Journal, ZACKS, and the Financial Times. For further
information, visit www.lucintel.com.
Contact:
Roy Almaguer
Director of Client Engagements
Lucintel
Dallas, Texas, USA
Cell: 210-878-7693
Cell: 303.775.0751
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