デフォルト表紙
市場調査レポート
商品コード
1451206

サイディング市場レポート:材料別、最終用途別、用途別、地域別、2024-2032

Siding Market Report by Material (Fiber Cement, Vinyl, Metal, Stucco, Concrete and Stone, Brick, Wood, and Others), End Use (Residential, Non-Residential), Application (New Construction, Repair and Maintenance), and Region 2024-2032

出版日: | 発行: IMARC | ページ情報: 英文 138 Pages | 納期: 2~3営業日

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価格
価格表記: USDを日本円(税抜)に換算
本日の銀行送金レート: 1USD=154.36円
サイディング市場レポート:材料別、最終用途別、用途別、地域別、2024-2032
出版日: 2024年03月02日
発行: IMARC
ページ情報: 英文 138 Pages
納期: 2~3営業日
  • 全表示
  • 概要
  • 図表
  • 目次
概要

世界のサイディング市場規模は、2023年に1,012億米ドルに達しました。今後、IMARC Groupは、2024年から2032年にかけて3.6%の成長率(CAGR)を示し、2032年には1,403億米ドルに達すると予測しています。同市場は、世界の建設活動の活発化、サイディング業界における急速な技術進歩、建設業界におけるエネルギー効率への関心の高まり、美的・デザイン的嗜好の高まり、各種規制基準やガイドラインの賦課などを背景に急成長しています。

サイディング市場の分析

市場の成長と規模:サイディング市場は、世界中で建設活動が活発化し、耐久性とエネルギー効率に優れたサイディング材への需要が高まっていることから、安定した成長を遂げています。

主な市場促進要因:市場成長に影響を与える主な促進要因としては、特に住宅分野での建設活動の増加、環境・エネルギー効率に対する関心の高まりなどが挙げられます。また、美観に優れ、技術的に高度なサイディング材への需要の高まりが、市場の成長を後押ししています。

技術の進歩:材料科学や製造工程における最近の技術革新により、エネルギー効率が高く、耐久性に優れ、環境に優しいなど、近代建築の進化に対応した革新的なサイディング製品が開発され、市場の成長を支えています。

産業用途:新築、補修・メンテナンスの両分野で高い製品需要があります。また、都市化とインフラ整備の進展により、新築分野が市場を独占しています。

主要市場動向:主な市場動向としては、持続可能で環境に優しい素材へのシフト、低メンテナンスで長持ちする製品への嗜好の高まり、多様な建築スタイルに合わせたサイディングのカスタマイズなどが挙げられます。

地域別動向:北米は急速な都市化と経済開拓により市場をリードしています。その他の地域も、持続可能性への関心とエネルギー効率の高い製品に対する需要の高まりに後押しされ、大きな伸びを示しています。

競合情勢:市場の特徴は、技術革新、戦略的パートナーシップ、事業拡大に取り組む主要企業の存在です。また、大手企業は競争力を維持するため、持続可能性、製品の多様化、顧客サービスの強化に注力しています。

課題と機会:市場は、原材料価格の変動や厳しい環境規制の賦課など、さまざまな課題に直面しています。しかし、エネルギー効率が高く環境に優しいサイディング材への需要の高まりは、市場成長の新たな機会を生み出しています。

サイディング市場の動向:

世界の建設活動の増加

特に住宅・商業分野での建設活動の活発化が、市場の成長を後押ししています。これに伴い、都市化によって新築住宅や商業ビルの需要が増加しており、サイディングを含む建築資材の需要が高まっています。さらに、各地域の急速な経済成長がインフラや不動産への投資の増加につながり、市場の成長を後押ししています。さらに、不動産の急速な拡大がサイディング材の需要を継続的に押し上げ、市場の成長を促進しています。さらに、郊外地域の拡大や新たな住宅・商業ゾーンの開発も成長を促す要因となっています。

サイディング業界における急速な技術進歩

技術の進歩は、材料構成や製造工程から施工技術や美的仕上げに至るまで、さまざまな側面に及んでいます。人工木材、ファイバーセメント、高機能ビニールなどの新素材は、耐久性、耐候性、エネルギー効率を向上させています。また、環境に配慮した設計も増えており、持続可能な建材に対する需要の高まりに対応しています。さらに、最先端の製造技術が広く採用され、木材や石材などの天然素材の質感や外観を模倣しつつ、性能特性を高めたサイディングの製造が可能になったことも、市場の成長を後押ししています。さらに、3次元(3D)モデリングや拡張現実(AR)などのデジタル技術の進歩により、サイディングの選定や施工プロセスが合理化されたことも、市場の成長を後押ししています。

建設業界におけるエネルギー効率への関心の高まり

エネルギー効率は建築・建設業界における最重要課題となっており、市場成長に大きな影響を与えています。サイディング製品は建物の断熱に重要な役割を果たしており、冷暖房のエネルギー消費に直接影響を与えています。さらに、エネルギーコストの上昇と環境意識の高まりが、エネルギー効率の向上に貢献するサイディング材への需要を促し、市場成長にプラスの影響を与えています。このほか、消費者の嗜好の高まりや、建物の二酸化炭素排出量削減を目的とした規制基準が、市場の成長に好影響を与えています。さらに、断熱ビニール、ファイバーセメント、木質複合材など、室内温度を一定に保ち、エネルギー損失を低減できるエネルギー効率の高いサイディング材の開拓が、市場の成長を後押ししています。

美的・デザイン的嗜好の高まり

美観とデザイン嗜好の高まりは、市場の成長を促進する上で重要な役割を果たしています。建物の外観は、居住者のスタイルや個性、あるいは企業のブランド・アイデンティティを反映するため、住宅・商業建築のいずれにおいても重要な検討事項となっています。さらに、多様な建築デザインや個人の嗜好に対応するため、幅広い色、質感、スタイルが利用可能であることも、市場の成長を後押ししています。さらに、消費者は天然木、石、レンガの外観を模倣できるサイディング材を入手できるため、関連コストやメンテナンスの必要なく、希望通りの美観を実現でき、市場成長を後押ししています。このほか、カスタマイズ志向の高まりにより、様々な形状、シャドーライン、仕上げのサイディング製品が開発されていることも、市場の成長を後押ししています。

様々な規制基準とガイドラインの導入

政府や規制機関は、安全性、耐久性、環境への影響、エネルギー効率に関する基準やガイドラインを建築材料に課しています。これに伴い、サイディング材は耐火基準を満たし、風、湿気、温度変化など様々な環境ストレスに耐えることができます。さらに、様々な環境規制が施行され、リサイクル素材や持続可能な木材、揮発性有機化合物(VOC)排出量の少ない素材を使用した製品の採用が促されていることも、市場の成長を後押ししています。このほか、建物の二酸化炭素排出量削減を推進する動きが続いており、断熱性の向上とエネルギー消費量の削減に貢献するエネルギー効率の高いサイディングの開発が進んでいることも、市場の成長を後押ししています。

目次

第1章 序文

第2章 調査範囲と調査手法

  • 調査目的
  • 利害関係者
  • データソース
    • 一次情報
    • 二次情報
  • 市場推定
    • ボトムアップアプローチ
    • トップダウンアプローチ
  • 調査手法

第3章 エグゼクティブサマリー

第4章 イントロダクション

  • 概要
  • 主要産業動向

第5章 世界のサイディング市場

  • 市場概要
  • 市場実績
  • COVID-19の影響
  • 市場内訳:材料別
  • 市場内訳:最終用途別
  • 市場内訳:用途別
  • 市場内訳:地域別
  • 市場予測

第6章 市場内訳:材料別

  • 繊維セメント
    • 市場動向
    • 市場予測
  • ビニール
    • 市場動向
    • 市場予測
  • 金属
    • 市場動向
    • 市場予測
  • スタッコ
    • 市場動向
    • 市場予測
  • コンクリートと石材
    • 市場動向
    • 市場予測
  • レンガ
    • 市場動向
    • 市場予測
  • 木材
    • 市場動向
    • 市場予測
  • その他
    • 市場動向
    • 市場予測

第7章 市場内訳:最終用途別

  • 住宅
    • 市場動向
    • 市場予測
  • 非住宅
    • 市場動向
    • 市場内訳:タイプ別
      • ヘルスケア
        • 市場動向
        • 市場予測
      • 教育市場
        • 市場動向
        • 市場予測
      • ホスピタリティ
        • 市場動向
        • 市場予測
      • 小売
        • 市場動向
        • 市場予測
      • オフィス
        • 市場動向
        • 市場予測
      • その他
        • 市場動向
        • 市場予測
    • 市場予測

第8章 市場内訳:用途別

  • 新築
    • 市場動向
    • 市場予測
  • 補修・メンテナンス
    • 市場動向
    • 市場予測

第9章 市場内訳:地域別

  • 北米
    • 市場動向
    • 市場予測
  • 欧州
    • 市場動向
    • 市場予測
  • アジア太平洋
    • 市場動向
    • 市場予測
  • 中東・アフリカ地域
    • 市場動向
    • 市場予測
  • ラテンアメリカ
    • 市場動向
    • 市場予測

第10章 SWOT分析

  • 概要
  • 強み
  • 弱み
  • 機会
  • 脅威

第11章 バリューチェーン分析

第12章 ポーターのファイブフォース分析

  • 概要
  • 買い手の交渉力
  • 供給企業の交渉力
  • 競合の程度
  • 新規参入業者の脅威
  • 代替品の脅威

第13章 価格分析

第14章 競合情勢

  • 市場構造
  • 主要企業
  • 主要企業のプロファイル
    • Boral Limited
    • Georgia-Pacific Wood Products LLC
    • James Hardie Building Products Inc.
    • Kingspan Group
    • Nichiha USA Inc.
    • Louisiana-Pacific Corporation,
    • Alumasc Group PLC
    • Docke Extrusion LLC
    • Ply Gem Industries Inc.
    • Knauf Gips KG
    • Etex Group
    • Lixil Group Corporation
    • ROCKWOOL Group
    • C. & S. Cladding(Wales)Limited T/A National Cladding Wales
    • Revelstone Cape(Pty)Ltd
    • Wienerberger AG
図表

List of Figures

  • Figure 1: Global: Siding Market: Major Drivers and Challenges
  • Figure 2: Global: Siding Market: Sales Value (in Billion US$), 2018-2023
  • Figure 3: Global: Siding Market: Breakup by Material (in %), 2023
  • Figure 4: Global: Siding Market: Breakup by End Use (in %), 2023
  • Figure 5: Global: Siding Market: Breakup by Application (in %), 2023
  • Figure 6: Global: Siding Market: Breakup by Region (in %), 2023
  • Figure 7: Global: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 8: Global: Siding Industry: SWOT Analysis
  • Figure 9: Global: Siding Industry: Value Chain Analysis
  • Figure 10: Global: Siding Industry: Porter's Five Forces Analysis
  • Figure 11: Global: Siding (Fiber Cement) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 12: Global: Siding (Fiber Cement) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 13: Global: Siding (Vinyl) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 14: Global: Siding (Vinyl) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 15: Global: Siding (Metal) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 16: Global: Siding (Metal) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 17: Global: Siding (Stucco) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 18: Global: Siding (Stucco) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 19: Global: Siding (Concrete and Stone) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 20: Global: Siding (Concrete and Stone) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 21: Global: Siding (Brick) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 22: Global: Siding (Brick) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 23: Global: Siding (Wood) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 24: Global: Siding (Wood) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 25: Global: Siding (Other Material Types) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 26: Global: Siding (Other Material Types) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 27: Global: Siding (Residential) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 28: Global: Siding (Residential) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 29: Global: Siding (Non-Residential) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 30: Global: Siding (Non-Residential) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 31: Global: Siding (Healthcare) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 32: Global: Siding (Healthcare) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 33: Global: Siding (Education) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 34: Global: Siding (Education) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 35: Global: Siding (Hospitality) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 36: Global: Siding (Hospitality) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 37: Global: Siding (Retail) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 38: Global: Siding (Retail) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 39: Global: Siding (Offices) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 40: Global: Siding (Offices) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 41: Global: Siding (Other End Uses) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 42: Global: Siding (Other End Uses) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 43: Global: Siding (New Construction) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 44: Global: Siding (New Construction) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 45: Global: Siding (Repair and Maintenance) Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 46: Global: Siding (Repair and Maintenance) Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 47: North America: Siding Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 48: North America: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 49: Europe: Siding Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 50: Europe: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 51: Asia Pacific: Siding Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 52: Asia Pacific: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 53: Middle East and Africa: Siding Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 54: Middle East and Africa: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032
  • Figure 55: Latin America: Siding Market: Sales Value (in Billion US$), 2018 & 2023
  • Figure 56: Latin America: Siding Market Forecast: Sales Value (in Billion US$), 2024-2032

List of Tables

  • Table 1: Global: Siding Market: Key Industry Highlights, 2023 and 2032
  • Table 2: Global: Siding Market Forecast: Breakup by Material (in Billion US$), 2024-2032
  • Table 3: Global: Siding Market Forecast: Breakup by End Use (in Billion US$), 2024-2032
  • Table 4: Global: Siding Market Forecast: Breakup by Application (in Billion US$), 2024-2032
  • Table 5: Global: Siding Market Forecast: Breakup by Region (in Billion US$), 2024-2032
  • Table 6: Global: Siding Market Structure
  • Table 7: Global: Siding Market: Key Players
目次
Product Code: SR112024A1599

The global siding market size reached US$ 101.2 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 140.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.6% during 2024-2032. The market is growing rapidly, driven by the increasing construction activities across the globe, rapid technological advancements in the siding industry, heightened energy efficiency concerns in the construction industry, rising aesthetic and design preferences, and the imposition of various regulatory standards and guidelines.

Siding Market Analysis:

Market Growth and Size: The market is witnessing stable growth, driven by rising construction activities across the globe and the escalating demand for durable and energy-efficient siding materials.

Major Market Drivers: Key drivers influencing the market growth include increased construction activities, especially in the residential sector, and growing environmental and energy efficiency concerns. Additionally, the growing demand for aesthetically diverse and technologically advanced siding materials is boosting the market growth.

Technological Advancements: Recent innovations in material science and manufacturing processes, leading to the development of innovative siding products, including energy-efficient, durable, and environmentally friendly options, catering to the evolving demands of modern construction, is supporting the market growth.

Industry Applications: The market is experiencing high product demand in both new construction and repair and maintenance sectors. Additionally, the new construction segment dominates the market due to ongoing urbanization and infrastructure development.

Key Market Trends: The key market trends involve the ongoing shift towards sustainable and eco-friendly materials, rising preference for low-maintenance and long-lasting products, and the customization of siding to suit diverse architectural styles.

Geographical Trends: North America leads the market due to rapid urbanization and economic development. Other regions are also showing significant growth, fueled by sustainability concerns and heightened demand for energy-efficient products.

Competitive Landscape: The market is characterized by the presence of key players engaging in innovation, strategic partnerships, and expansion. Additionally, leading companies are focusing on sustainability, product diversification, and enhanced customer services to maintain their competitive edge.

Challenges and Opportunities: The market faces various challenges, such as fluctuating raw material prices and imposition of stringent environmental regulations. However, the increasing demand for energy-efficient and eco-friendly siding materials is creating new opportunities for the market growth.

Siding Market Trends:

Increasing construction activities across the globe

The rising construction activities, especially in the residential and commercial sectors, are propelling the market growth. In line with this, urbanization is increasing the demand for new housing and commercial buildings, prompting the demand for building materials, including siding. Additionally, rapid economic growth in various regions, leading to increased investments in infrastructure and real estate, is bolstering the market growth. Furthermore, the rapid expansion of real estate, which continually feeds into the demand for siding materials, is fueling the market growth. Moreover, the expansion of suburban areas and the development of new residential and commercial zones is acting as another growth-inducing factor.

Rapid technological advancements in the siding industry

Technological advancements encompass a range of aspects, from material composition and manufacturing processes to installation techniques and aesthetic finishes. New materials, such as engineered wood, fiber cement, and advanced vinyl, offer improved durability, weather resistance, and energy efficiency. They are also increasingly being designed to be more environmentally friendly, catering to the rising demand for sustainable building materials. Additionally, the widespread adoption of cutting-edge manufacturing technologies, enabling the production of siding that mimics the texture and appearance of natural materials, such as wood and stone, while offering enhanced performance characteristics, is propelling the market growth. Moreover, recent advancements in digital technologies, such as three-dimensional (3D) modeling and augmented reality (AR), which have streamlined the siding selection and installation processes, are supporting the market growth.

Heightened energy efficiency concerns in the construction industry

Energy efficiency has become a paramount concern in the building and construction industry, significantly influencing the market growth. Siding products play a crucial role in the thermal insulation of buildings, directly impacting energy consumption for heating and cooling. Furthermore, the increasing energy costs and environmental awareness, prompting the demand for siding materials that contribute to better energy efficiency, is positively impacting the market growth. Besides this, the heightened consumer preferences and regulatory standards aimed at reducing the carbon footprint of buildings are favoring the market growth. Moreover, the development of energy-efficient siding materials, such as insulated vinyl, fiber cement, and wood composites, that are increasingly preferred for their ability to maintain consistent indoor temperatures and reduce energy loss is bolstering the market growth.

Rising aesthetic and design preferences

The escalating aesthetics and design preferences are playing a critical role in driving the market growth. The exterior appearance of a building is a key consideration in both residential and commercial construction, as it reflects the style and personality of the occupants or the brand identity of a business. Furthermore, the availability of a wide range of colors, textures, and styles, catering to diverse architectural designs and personal preferences, is boosting the market growth. Moreover, consumers have access to siding materials that can mimic the look of natural wood, stone, or brick, providing the desired aesthetic without the associated cost or maintenance requirements, which is propelling the market growth. Besides this, the shifting trend towards customization, leading to the development of siding products with varied profiles, shadow lines, and finishes, is supporting the market growth.

Imposition of various regulatory standards and guidelines

Governments and regulatory bodies are imposing standards and guidelines on building materials pertaining to safety, durability, environmental impact, and energy efficiency. In line with this, siding material meets fire resistance standards and is capable of withstanding various environmental stressors like wind, moisture, and temperature fluctuations. Additionally, the imposition of various environmental regulations, prompting the adoption of products made from recycled materials, sustainably sourced wood, or materials with low volatile organic compound (VOC) emissions, is boosting the market growth. Besides this, the ongoing push towards reducing the carbon footprint of buildings, leading to the development of energy-efficient siding that contributes to better insulation and lower energy consumption, is supporting the market growth.

Siding Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the global and regional levels for 2024-2032. Our report has categorized the market based on material, end use, and application.

Breakup by Material:

Fiber Cement

Vinyl

Metal

Stucco

Concrete and Stone

Brick

Wood

Others

Fiber cement accounts for the majority of the market share

The report has provided a detailed breakup and analysis of the market based on the material. This includes fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and others. According to the report, fiber cement represented the largest segment.

Fiber cement sidings represent the largest market segment, owing to their durability, versatility, and low maintenance. They are made from a mix of cement, sand, and cellulose fibers. Fiber cement sidings offer exceptional resistance to weather, fire, and termites, making them a long-lasting choice for various climates. Additionally, they can be manufactured to mimic the look of wood, brick, or stone, providing aesthetic flexibility. Furthermore, the popularity of fiber cement siding is bolstered by its environmental friendliness, as it often incorporates recycled materials. Moreover, the balanced combination of durability, aesthetic appeal, and cost-effectiveness provided by fiber cement, making it a preferred choice for both residential and commercial buildings, is driving the market growth.

Vinyl siding is highly popular due to its cost-effectiveness, durability, and ease of maintenance. It is made primarily from polyvinyl chloride (PVC) and resists moisture and decay. Furthermore, vinyl siding is lightweight and available in a wide range of colors and styles, making it adaptable to various architectural designs. Besides this, its insulation variants help improve energy efficiency in buildings.

Metal siding is valued for its robustness, longevity, and fire resistance. It stands up well to harsh weather conditions and is often used in commercial and industrial buildings for its protective qualities. Furthermore, metal siding is also recyclable, aligning with eco-friendly building practices, which, in turn, is favoring the market growth

Stucco siding, a mixture of cement, lime, sand, and water, is favored for its textured, classic appearance and is commonly used in Mediterranean or Spanish architectural styles. It provides a seamless exterior that is energy-efficient and has good sound-dampening qualities. Furthermore, the adaptability of stucco siding in terms of color and texture is contributing to the market growth.

Concrete and stone siding offers a premium, high-end aesthetic with exceptional durability and natural beauty. It includes both natural stone and manufactured products that replicate the look of stone. Furthermore, they are highly resistant to fire, weather, and pests, making them a highly desirable options, which is driving the market growth.

Brick siding is a classic choice that provides a timeless look and notable durability. It is known for its robustness, fire resistance, and minimal maintenance needs. Furthermore, brick siding offers a significant return on investment (ROI) in terms of longevity and property value, which is positively impacting the market growth.

Wood siding is valued for its natural beauty and versatility. It is available in various styles like clapboard, shingles, and board-and-batten. Furthermore, wood siding can be painted or stained to achieve a desired look. Additionally, it requires more maintenance, including regular painting and protection against moisture and pests.

Breakup by End Use:

Residential

Non-Residential

Healthcare

Education

Hospitality

Retail

Offices

Others

Residential holds the largest share in the industry

A detailed breakup and analysis of the market based on the end user have also been provided in the report. This includes residential and non-residential (healthcare, education, hospitality, retail, offices, and others). According to the report, residential accounted for the largest market share.

The residential segment occupies the largest market share, driven by the steady demand for housing construction and renovation. It includes various housing types, from single-family homes to multi-unit buildings. Furthermore, the rising homeownership rates, urbanization, and the ongoing trend of home improvement and personalization are contributing to the market growth. Moreover, residential consumers often prioritize aesthetic appeal and durability in siding materials, along with energy efficiency and maintenance requirements. Additionally, the diversity of architectural styles in residential constructions, demanding a wide range of siding options, is strengthening the market growth.

The non-residential segment includes commercial, industrial, and institutional buildings, such as offices, retail spaces, factories, and schools. Its requirements for siding materials differ from the residential sector, often emphasizing durability, low maintenance, and cost-effectiveness. Furthermore, the increasing emphasis on the aesthetic aspect of siding in commercial applications is supporting the market growth.

Breakup by Application:

New Construction

Repair and Maintenance

The report has provided a detailed breakup and analysis of the market based on the application. This includes new construction and repair and maintenance.

The new construction segment is driven by global urbanization, population growth, and the consequent rise in residential and commercial construction activities. Siding is a critical component in new construction projects, contributing to the building's aesthetic, structural integrity, and energy efficiency. Additionally, the increasing emphasis on architectural designs, local climate conditions, and consumer preferences for durability and maintenance is favoring the market growth.

The repair and maintenance segment encompasses activities related to the replacement, refurbishment, and upkeep of existing siding. It is essential due to the need to maintain the structural integrity and appearance of buildings over time. Furthermore, the aging of existing building stock, changing homeowner preferences, and the need to upgrade to more energy-efficient or modern siding solutions are contributing to the market growth.

Breakup by Region:

North America

Europe

Asia Pacific

Middle East and Africa

Latin America

North America leads the market, accounting for the largest siding market share

The market research report has also provided a comprehensive analysis of all the major regional markets, which include North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. According to the report, North America accounted for the largest market share.

North America represents the largest market segment attributed to the high demand for renovation and remodeling, and the presence of key industry players in the region. Additionally, the easy availability of a diverse range of siding materials in the region, driven by varied climatic conditions, aesthetic preferences, and building norms, is catalyzing the market growth. Moreover, the strong preference for durable and low-maintenance materials like vinyl and fiber cement in North America is strengthening the market growth. Apart from this, the emerging trend towards modern and energy-efficient homes, prompting the adoption of innovative siding products in North America, is driving the market growth.

The siding market in Europe is influenced by stringent building codes, energy efficiency standards, and a preference for sustainable building practices. Additionally, the increasing inclination towards eco-friendly materials, like wood and fiber cement, and technologically advanced insulation solutions is propelling the market growth. Moreover, the presence of a rich architectural heritage in Europe, playing a crucial role in siding choices, is fueling the market growth.

The Asia Pacific region is a rapidly growing segment in the siding market, driven by urbanization, industrialization, and increasing investments in infrastructure development. Besides this, the heightened demand for cost-effective and durable siding materials suitable for varied climatic conditions is supporting the market growth. Additionally, the growing awareness of energy-efficient and environmentally sustainable construction practices is favoring the market growth.

In the Middle East and Africa, the siding market is evolving, with growth driven by the booming construction industry. Additionally, the growing demand for materials that can withstand harsh climatic conditions, such as extreme heat and sandstorms, is positively impacting the market growth. Furthermore, the increasing interest in eco-friendly and energy-efficient siding materials as part of sustainable development initiatives is supporting the market growth.

The siding market in Latin America is developing, with growth influenced by urbanization and economic progress. Additionally, the growing need for affordable and durable siding materials suited to the tropical and subtropical climates predominant in the area is boosting the market growth. Moreover, the expanding residential sector in the region, with an increasing number of housing projects and renovations, is driving the market growth.

Leading Key Players in the Siding Industry:

Major companies are continually innovating and developing new products, including creating siding materials that are more durable, energy-efficient, and environmentally friendly. Furthermore, they are focusing on aesthetic improvements to meet diverse consumer preferences, such as offering a wider range of colors, textures, and styles that mimic natural materials like wood and stone. Additionally, leading siding manufacturers are expanding their geographic reach and diversifying their product portfolios to cater to different markets. Furthermore, they are entering into partnerships, collaborations, and joint ventures with other companies to leverage mutual strengths, such as combining technological expertise, distribution networks, and local market knowledge.

The market research report has provided a comprehensive analysis of the competitive landscape. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Boral Limited

Georgia-Pacific Wood Products LLC

James Hardie Building Products Inc.

Kingspan Group

Nichiha USA Inc.

Louisiana-Pacific Corporation

Docke Extrusion LLC

Alumasc Group PLC

Ply Gem Industries Inc.

Knauf Gips KG

Etex Group

Lixil Group Corporation

ROCKWOOL Group

C. & S. Cladding (Wales) Limited T/A National Cladding Wales

Revelstone Cape (Pty) Ltd

Wienerberger AG.

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Latest News:

In October 2021, Boral Limited, a North America based manufacturer of building products, such as roofing, siding, and trims, was acquired by Westlake Chemical Corporation.

In December 2023, Georgia-Pacific Wood Products LLC announced its plan to invest $2 billion into launching new facilities and enhancing existing operations.

In November 2023, James Hardie expanded its distribution partnership with Specialty Building Products, LLC (SBP).

Key Questions Answered in This Report

  • 1. What was the size of the global siding market in 2023?
  • 2. What is the expected growth rate of the global siding market during 2024-2032?
  • 3. What are the key factors driving the global siding market?
  • 4. What has been the impact of COVID-19 on the global siding market?
  • 5. What is the breakup of the global siding market based on the material?
  • 6. What is the breakup of the global siding market based on the end use?
  • 7. What are the key regions in the global siding market?
  • 8. Who are the key players/companies in the global siding market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Siding Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Breakup by Material
  • 5.5 Market Breakup by End Use
  • 5.6 Market Breakup by Application
  • 5.7 Market Breakup by Region
  • 5.8 Market Forecast

6 Market Breakup by Material

  • 6.1 Fiber Cement
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Vinyl
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast
  • 6.3 Metal
    • 6.3.1 Market Trends
    • 6.3.2 Market Forecast
  • 6.4 Stucco
    • 6.4.1 Market Trends
    • 6.4.2 Market Forecast
  • 6.5 Concrete and Stone
    • 6.5.1 Market Trends
    • 6.5.2 Market Forecast
  • 6.6 Brick
    • 6.6.1 Market Trends
    • 6.6.2 Market Forecast
  • 6.7 Wood
    • 6.7.1 Market Trends
    • 6.7.2 Market Forecast
  • 6.8 Others
    • 6.8.1 Market Trends
    • 6.8.2 Market Forecast

7 Market Breakup by End Use

  • 7.1 Residential
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Non-Residential
    • 7.2.1 Market Trends
    • 7.2.2 Market Breakup by Type
      • 7.2.2.1 Healthcare
        • 7.2.2.1.1 Market Trends
        • 7.2.2.1.2 Market Forecast
      • 7.2.2.2 Education
        • 7.2.2.2.1 Market Trends
        • 7.2.2.2.2 Market Forecast
      • 7.2.2.3 Hospitality
        • 7.2.2.3.1 Market Trends
        • 7.2.2.3.2 Market Forecast
      • 7.2.2.4 Retail
        • 7.2.2.4.1 Market Trends
        • 7.2.2.4.2 Market Forecast
      • 7.2.2.5 Offices
        • 7.2.2.5.1 Market Trends
        • 7.2.2.5.2 Market Forecast
      • 7.2.2.6 Others
        • 7.2.2.6.1 Market Trends
        • 7.2.2.6.2 Market Forecast
    • 7.2.3 Market Forecast

8 Market Breakup by Application

  • 8.1 New Construction
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Repair and Maintenance
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Region

  • 9.1 North America
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Europe
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3 Asia Pacific
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4 Middle East and Africa
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5 Latin America
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast

10 SWOT Analysis

  • 10.1 Overview
  • 10.2 Strengths
  • 10.3 Weaknesses
  • 10.4 Opportunities
  • 10.5 Threats

11 Value Chain Analysis

12 Porter's Five Forces Analysis

  • 12.1 Overview
  • 12.2 Bargaining Power of Buyers
  • 12.3 Bargaining Power of Suppliers
  • 12.4 Degree of Competition
  • 12.5 Threat of New Entrants
  • 12.6 Threat of Substitutes

13 Price Analysis

14 Competitive Landscape

  • 14.1 Market Structure
  • 14.2 Key Players
  • 14.3 Profiles of Key Players
    • 14.3.1 Boral Limited
    • 14.3.2 Georgia-Pacific Wood Products LLC
    • 14.3.3 James Hardie Building Products Inc.
    • 14.3.4 Kingspan Group
    • 14.3.5 Nichiha USA Inc.
    • 14.3.6 Louisiana-Pacific Corporation,
    • 14.3.7 Alumasc Group PLC
    • 14.3.8 Docke Extrusion LLC
    • 14.3.9 Ply Gem Industries Inc.
    • 14.3.10 Knauf Gips KG
    • 14.3.11 Etex Group
    • 14.3.12 Lixil Group Corporation
    • 14.3.13 ROCKWOOL Group
    • 14.3.14 C. & S. Cladding (Wales) Limited T/A National Cladding Wales
    • 14.3.15 Revelstone Cape (Pty) Ltd
    • 14.3.16 Wienerberger AG