U.S. Roofing Services Market - Focused Insights 2024-2029

U.S. ROOFING SERVICES MARKET OVERVIEW

The U.S. roofing services market was valued at USD 23.20 billion in 2023 and is projected to reach USD 33.57 billion by 2029, growing at a CAGR of 6.35% during the forecast period. The growth of the market is supported by the rising interest in energy-efficient roofing, increasing demand for waterproofing solutions, growing popularity of modern architecture, rising demand for solar roofing supported by government incentives & building codes, growing popularity of smart roofs, increasing demand for green roofs, growing hospitality industry, growth of the real estate sector, and rise in home improvement projects.

This report offers market size & forecast data for the roofing services market in the U.S. The revenue generated from the sale of roofing services is included in the report. This report provides a comprehensive and current market scenario of the U.S. roofing services, including the roofing services market size, anticipated market forecast, relevant market segmentations, and industry trends.

MARKET DEFINITION

Roofing services encompass various services related to installing, inspecting, repairing, maintaining, replacing, and restoring structures. Roofing is a material used for covering or making a roof. Roofing services prevent serious damage to buildings or houses with regular roof repair & maintenance. Roofing services have three segmentations, including services, end-user, and application. The services segmentation includes roof installation, roof inspections, repairs & maintenance services, roof replacement, and roof restoration. The end-user segmentation comprises commercial, residential, and industrial.

U.S. ROOFING SERVICES MARKET INSIGHTS

• The U.S. roofing services market is growing significantly due to rising interest in energy-efficient roofing, increasing demand for waterproofing solutions, growing popularity of modern architecture, rising demand for solar roofing supported by government incentives & building codes, growing popularity of smart roofs, increasing demand for green roofs, growing hospitality industry, growth of the real estate sector, and rise in home improvement projects.
• The rising popularity of energy-efficient buildings increases demand for roofing services from residential spaces.
• With 38% of the market share, the roof installation type dominates the services segment. It includes the installation of new roofs for structures under construction. The roof installation demand is growing significantly in the U.S. due to various factors, including weather events, building codes, and technological advancements. Hailstorms and other weather conditions can damage roofs, increasing the demand for the repair & installation of new roofs.
• The commercial segment in end-users is growing at a CAGR of 6.48%. The demand for roofing services for office buildings is growing significantly, driven by new construction, renovation, and sustainability initiatives. It focuses on aesthetics, energy efficiency, and ease of maintenance. The demand for roofing services from retail spaces is influenced by rebranding projects, weather-related, and repair store expansions.
• The U.S. roofing services market by application is segmented into existing and new. The new application segment is projected to grow steadily in the market, and the multi-family and single-family homes propel its growth. Post-pandemic housing units have increased in the U.S., requiring new roofs, which drives the demand for roofing services in the U.S. market.
• The U.S. roofing services market is highly fragmented. Most companies in this market have less than 50 employees, as established local players have strong customer relationships in their communities. Baker Roofing, Centimark Corporation, Crane Group, Flynn Group, Nations Roofing, and Tecta America Corporation are the leading players with strong market penetration.