Product Code: ETC084418 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Saudi Arabia Asphalt Shingles Market is poised for steady growth rate improvements from 2025 to 2029. The growth rate starts at 0.06% in 2025 and reaches 0.10% by 2029.
The asphalt shingles market in Saudi Arabia is expected to grow at a CAGR of xx% during the forecast period.It was valued at USD xxx million and is projected to reach USD xxx million during the forecast period.The Saudi Arabia asphalt shingles market is anticipated to witness moderate growth due to the construction industry`s expansion and increasing preference for efficient roofing solutions.Asphalt shingles are widely used for residential and commercial roofing due to their durability, ease of installation, and weather resistance.As the real estate sector develops and urbanization continues, the demand for quality roofing materials is projected to rise.Factors such as architectural trends, weather conditions, and construction regulations will influence the market`s growth trajectory.
The growth of the Saudi Arabia asphalt shingles market is driven by the increasing construction activities in residential and commercial sectors.Asphalt shingles offer a cost-effective roofing solution with durability and weather resistance.As urbanization and housing projects continue to develop, the demand for roofing materials like asphalt shingles is anticipated to increase.
The Saudi Arabia asphalt shingles market may encounter challenges related to climate durability and energy efficiency.Adapting asphalt shingles to withstand the extreme heat and occasional sandstorms of the region`s desert climate will be crucial to ensure their longevity.Additionally, developing energy-efficient shingle options that reflect sunlight and reduce indoor heat absorption can address concerns about energy consumption and cooling costs in buildings.
The COVID-19 pandemic had a notable impact on the Saudi Arabia asphalt shingles market.With construction projects and infrastructure developments temporarily halted during lockdowns, demand for asphalt shingles declined.The market also faced challenges related to supply chain disruptions and decreased consumer spending.However, as construction activities gradually resumed, the market showed signs of recovery, supported by government initiatives to boost infrastructure and housing projects.The gradual reopening of retail outlets further contributed to the market`s revival.
Major players operating in the Saudi Arabia roofing market are Saint-Gobain, Atlas Roofing Corporation, IKO Industries Ltd., CertainTeed Corporation (Saint Gobain), Firestone Building Products Company LLC, Owens Corning, TAMKO Building Products Inc., Carlisle Companies Incorporated, GAF Materials Corp., Sika AG and others.
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 Saudi Arabia Asphalt Shingles Market Overview |
3.1 Saudi Arabia Country Macro Economic Indicators |
3.2 Saudi Arabia Asphalt Shingles Market Revenues & Volume, 2021 & 2031F |
3.3 Saudi Arabia Asphalt Shingles Market - Industry Life Cycle |
3.4 Saudi Arabia Asphalt Shingles Market - Porter's Five Forces |
3.5 Saudi Arabia Asphalt Shingles Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Saudi Arabia Asphalt Shingles Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.7 Saudi Arabia Asphalt Shingles Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Saudi Arabia Asphalt Shingles Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Saudi Arabia Asphalt Shingles Market Trends |
6 Saudi Arabia Asphalt Shingles Market, By Types |
6.1 Saudi Arabia Asphalt Shingles Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Laminates Asphalt Shingles, 2021-2031F |
6.1.4 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Three-tab Shingles, 2021-2031F |
6.1.5 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Strip, 2021-2031F |
6.1.6 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Luxury shingles, 2021-2031F |
6.2 Saudi Arabia Asphalt Shingles Market, By Material |
6.2.1 Overview and Analysis |
6.2.2 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.2.3 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
6.3 Saudi Arabia Asphalt Shingles Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Fiberglass, 2021-2031F |
6.3.3 Saudi Arabia Asphalt Shingles Market Revenues & Volume, By Organic, 2021-2031F |
7 Saudi Arabia Asphalt Shingles Market Import-Export Trade Statistics |
7.1 Saudi Arabia Asphalt Shingles Market Export to Major Countries |
7.2 Saudi Arabia Asphalt Shingles Market Imports from Major Countries |
8 Saudi Arabia Asphalt Shingles Market Key Performance Indicators |
9 Saudi Arabia Asphalt Shingles Market - Opportunity Assessment |
9.1 Saudi Arabia Asphalt Shingles Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Saudi Arabia Asphalt Shingles Market Opportunity Assessment, By Material, 2021 & 2031F |
9.3 Saudi Arabia Asphalt Shingles Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Saudi Arabia Asphalt Shingles Market - Competitive Landscape |
10.1 Saudi Arabia Asphalt Shingles Market Revenue Share, By Companies, 2024 |
10.2 Saudi Arabia Asphalt Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |