Product Code: ETC239552 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The Bangladesh Roofing Market is poised for steady growth rate improvements from 2025 to 2029. Commencing at 1.54% in 2025, growth builds up to 2.27% by 2029.
By 2027, the Roofing market in Bangladesh is anticipated to reach a growth rate of 1.79%, as part of an increasingly competitive Asia region, where China remains at the forefront, supported by India, Japan, Australia and South Korea, driving innovations and market adoption across sectors.
The Bangladesh roofing market has been experiencing steady growth due to rapid urbanization and increasing construction activities in both residential and commercial sectors. Metal roofing materials, particularly corrugated iron sheets, are widely popular for their durability, cost-effectiveness, and ability to withstand the country`s monsoon climate. Additionally, the market is witnessing a shift towards eco-friendly roofing solutions such as green roofs and solar panels to promote sustainable construction practices. Key players in the market include local manufacturers like PHP Family and AKS Steel Mills, as well as international companies expanding their presence in the region. Government initiatives to improve infrastructure and housing facilities further drive the demand for roofing materials, presenting opportunities for market growth and innovation in Bangladesh.
In the Bangladesh roofing market, there is a growing trend towards eco-friendly and sustainable roofing materials such as metal roofs, clay tiles, and solar panels. Consumers are increasingly concerned about the environmental impact of traditional roofing materials and are seeking more energy-efficient options. Additionally, there is a rising demand for innovative roofing solutions that offer better insulation and durability to withstand the country`s tropical climate. The market is also witnessing a shift towards modern and aesthetically pleasing roofing designs that enhance the overall appearance of buildings. Manufacturers are focusing on developing cost-effective and high-quality roofing products to cater to the evolving needs of the construction industry in Bangladesh.
In the Bangladesh roofing market, some common challenges include quality control issues leading to substandard products, inconsistent availability of raw materials, high competition resulting in price wars affecting profit margins, and lack of awareness among consumers about the benefits of investing in higher quality roofing solutions. Additionally, the industry also faces challenges related to inadequate infrastructure for distribution and transportation, which can hinder timely delivery of products to customers. Addressing these challenges will require companies to focus on improving product quality, establishing reliable supply chains, implementing effective marketing strategies to educate consumers, and investing in infrastructure development to enhance distribution networks.
The Bangladesh roofing market presents promising investment opportunities due to the country`s rapid urbanization and infrastructure development. With a growing population and increasing demand for residential and commercial buildings, there is a rising need for high-quality roofing materials. Investors can explore opportunities in manufacturing and distributing roofing products such as metal roofing sheets, asphalt shingles, clay tiles, and solar roofing solutions. Additionally, there is a growing trend towards eco-friendly and energy-efficient roofing materials, providing scope for innovation and sustainable investments in the market. Partnering with local construction companies and leveraging government initiatives for urban development projects can also be beneficial for investors looking to capitalize on the expanding roofing market in Bangladesh.
Government policies related to the Bangladesh Roofing Market include regulations on building materials to ensure safety and quality standards are met. The government also provides incentives and subsidies for the use of eco-friendly roofing materials to promote sustainable construction practices. Additionally, there are initiatives in place to support the development of the roofing industry through training programs and capacity-building efforts. Regulations on importation of roofing materials are also enforced to protect local manufacturers and promote domestic production. Overall, the government aims to create a conducive environment for the growth of the roofing market in Bangladesh while ensuring compliance with standards and promoting sustainability.
The Bangladesh roofing market is expected to witness steady growth in the coming years due to factors such as rapid urbanization, increasing construction activities, and government initiatives to boost infrastructure development. The demand for durable, cost-effective, and energy-efficient roofing materials is likely to drive market growth, with a shift towards sustainable and eco-friendly solutions. As the country focuses on improving housing and infrastructure facilities, there will be a rising need for innovative roofing products that offer enhanced performance and longevity. Additionally, advancements in technology and materials are anticipated to further stimulate market expansion, providing opportunities for both local and international roofing manufacturers to cater to the evolving needs of the construction industry in Bangladesh.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bangladesh Roofing Market Overview |
3.1 Bangladesh Country Macro Economic Indicators |
3.2 Bangladesh Roofing Market Revenues & Volume, 2021 & 2031F |
3.3 Bangladesh Roofing Market - Industry Life Cycle |
3.4 Bangladesh Roofing Market - Porter's Five Forces |
3.5 Bangladesh Roofing Market Revenues & Volume Share, By Roofing Material, 2021 & 2031F |
3.6 Bangladesh Roofing Market Revenues & Volume Share, By Roofing Type, 2021 & 2031F |
3.7 Bangladesh Roofing Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Bangladesh Roofing Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growth in the construction industry in Bangladesh |
4.2.2 Increasing urbanization leading to higher demand for residential and commercial buildings |
4.2.3 Government initiatives promoting infrastructure development in the country |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Lack of skilled labor in the roofing industry |
4.3.3 Regulatory challenges and compliance requirements |
5 Bangladesh Roofing Market Trends |
6 Bangladesh Roofing Market, By Types |
6.1 Bangladesh Roofing Market, By Roofing Material |
6.1.1 Overview and Analysis |
6.1.2 Bangladesh Roofing Market Revenues & Volume, By Roofing Material, 2021 - 2031F |
6.1.3 Bangladesh Roofing Market Revenues & Volume, By Bituminous Roofing, 2021 - 2031F |
6.1.4 Bangladesh Roofing Market Revenues & Volume, By Metal Roofing, 2021 - 2031F |
6.1.5 Bangladesh Roofing Market Revenues & Volume, By Tile Roofing, 2021 - 2031F |
6.1.6 Bangladesh Roofing Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Bangladesh Roofing Market, By Roofing Type |
6.2.1 Overview and Analysis |
6.2.2 Bangladesh Roofing Market Revenues & Volume, By Flat Roof, 2021 - 2031F |
6.2.3 Bangladesh Roofing Market Revenues & Volume, By Slope Roof, 2021 - 2031F |
6.3 Bangladesh Roofing Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Bangladesh Roofing Market Revenues & Volume, By Residential, 2021 - 2031F |
6.3.3 Bangladesh Roofing Market Revenues & Volume, By Commercial, 2021 - 2031F |
6.3.4 Bangladesh Roofing Market Revenues & Volume, By Industrial, 2021 - 2031F |
7 Bangladesh Roofing Market Import-Export Trade Statistics |
7.1 Bangladesh Roofing Market Export to Major Countries |
7.2 Bangladesh Roofing Market Imports from Major Countries |
8 Bangladesh Roofing Market Key Performance Indicators |
8.1 Average project completion time for roofing installations |
8.2 Number of new construction permits issued in Bangladesh |
8.3 Percentage of buildings opting for sustainable roofing solutions |
9 Bangladesh Roofing Market - Opportunity Assessment |
9.1 Bangladesh Roofing Market Opportunity Assessment, By Roofing Material, 2021 & 2031F |
9.2 Bangladesh Roofing Market Opportunity Assessment, By Roofing Type, 2021 & 2031F |
9.3 Bangladesh Roofing Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Bangladesh Roofing Market - Competitive Landscape |
10.1 Bangladesh Roofing Market Revenue Share, By Companies, 2024 |
10.2 Bangladesh Roofing Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |