Product Code: SR1020D97_Report
The global siding market reached a value of US$ 90.1 Billion in 2020. Looking forward, IMARC Group expects the market to exhibit moderate growth during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Siding refers to the material used for cladding, covering and protecting the exterior walls of a building. Some of the common siding materials include fiber cement, vinyl, bricks, stucco, aluminum, asphalt and other composite materials. They are applied to the roof and walls in various shapes and styles such as clapboard, shingles, shakes, verticals and panels depending upon the requirements of the user. Siding improves the aesthetic appeal of a structure while protecting it against extreme weather conditions and fire hazards, along with providing thermal efficiency for maintaining the temperature inside the building.
The growing number of residential and commercial construction projects across the globe is the key factor driving market growth. There is a rising demand for durable siding materials in the construction industry, which can withstand weathering and resist chemical exposure and deterioration. Furthermore, the trend of using combined siding materials is also gaining traction, wherein different siding materials with varying textures and properties are being utilized that add a unique aesthetic value to the building. For instance, stone and wood are combined to give contrasting colors and a vibrant visual effect to the complex. In addition to this, the advent of boutique hotels equipped with ultra-luxury features and services, along with the renovation of existing hotels, has boosted the demand of the siding products. Moreover, improving distribution channels and the availability of a wide range of alternatives have enabled the vendors to expand their consumer base and cater to the diverse requirements. Other factors, such as government initiatives for the development of public infrastructure and the introduction of green siding materials, are also expected to drive the market further.
Report Coverage:
- Historical, Current and Future Market Trends
Market Breakup by Material:
- Fiber Cement
- Vinyl
- Metal
- Stucco
- Concrete and Stone
- Brick
- Wood
- Others
Market Breakup by End Use:
- Residential
- Non-Residential
- Healthcare
- Education
- Hospitality
- Retail
- Offices
- Others
Market Breakup by Application:
- New Construction
- Repair and Maintenance
Market Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
- The report has also analyzed the competitive landscape of the market with some of the key players being Boral Limited, Georgia Pacific Vinyl Siding, James Hardie, Kingspan, Nichiha, Louisiana Pacific, Alumasc, Docke Extrusion Co. Ltd., Ply Gem, Knauf, ETEX Group , Lixil Group Corporation, ROCKWOOL, National Cladding, Revelstone, Wienerberger, etc.
Key Questions Answered in This Report:
- How has the global siding market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global siding industry?
- What are the key regional markets in the global siding industry?
- What is the breakup of the market based on the material?
- What is the breakup of the market based on the end use?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global siding industry?
- What are the key driving factors and challenges in the global siding industry?
- What is the structure of the global siding industry and who are the key players?
- What is the degree of competition in the global siding industry?
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 Vinyl Siding
- 14.3.3 James Hardie
- 14.3.4 Kingspan
- 14.3.5 Nichiha
- 14.3.6 Louisiana Pacific
- 14.3.7 Alumasc
- 14.3.8 Docke Extrusion Co. Ltd
- 14.3.9 Ply Gem
- 14.3.10 Knauf
- 14.3.11 ETEX Group
- 14.3.12 Lixil Group Corporation
- 14.3.13 ROCKWOOL
- 14.3.14 National Cladding
- 14.3.15 Revelstone
- 14.3.16 Wienerberger
List of Figures
- Figure 1: Global: Siding Market: Major Drivers and Challenges
- Figure 2: Global: Siding Market: Sales Value (in Billion US$), 2015-2020
- Figure 3: Global: Siding Market: Breakup by Material (in %), 2020
- Figure 4: Global: Siding Market: Breakup by End Use (in %), 2020
- Figure 5: Global: Siding Market: Breakup by Application (in %), 2020
- Figure 6: Global: Siding Market: Breakup by Region (in %), 2020
- Figure 7: Global: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
- 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$), 2015 & 2020
- Figure 12: Global: Siding (Fiber Cement) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 13: Global: Siding (Vinyl) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 14: Global: Siding (Vinyl) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 15: Global: Siding (Metal) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 16: Global: Siding (Metal) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 17: Global: Siding (Stucco) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 18: Global: Siding (Stucco) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 19: Global: Siding (Concrete and Stone) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 20: Global: Siding (Concrete and Stone) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 21: Global: Siding (Brick) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 22: Global: Siding (Brick) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 23: Global: Siding (Wood) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 24: Global: Siding (Wood) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 25: Global: Siding (Other Material Types) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 26: Global: Siding (Other Material Types) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 27: Global: Siding (Residential) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 28: Global: Siding (Residential) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 29: Global: Siding (Non-Residential) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 30: Global: Siding (Non-Residential) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 31: Global: Siding (Healthcare) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 32: Global: Siding (Healthcare) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 33: Global: Siding (Education) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 34: Global: Siding (Education) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 35: Global: Siding (Hospitality) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 36: Global: Siding (Hospitality) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 37: Global: Siding (Retail) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 38: Global: Siding (Retail) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 39: Global: Siding (Offices) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 40: Global: Siding (Offices) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 41: Global: Siding (Other End Uses) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 42: Global: Siding (Other End Uses) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 43: Global: Siding (New Construction) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 44: Global: Siding (New Construction) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 45: Global: Siding (Repair and Maintenance) Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 46: Global: Siding (Repair and Maintenance) Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 47: North America: Siding Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 48: North America: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 49: Europe: Siding Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 50: Europe: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 51: Asia Pacific: Siding Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 52: Asia Pacific: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 53: Middle East and Africa: Siding Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 54: Middle East and Africa: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
- Figure 55: Latin America: Siding Market: Sales Value (in Billion US$), 2015 & 2020
- Figure 56: Latin America: Siding Market Forecast: Sales Value (in Billion US$), 2021-2026
List of Tables
- Table 1: Global: Siding Market: Key Industry Highlights, 2020 and 2026
- Table 2: Global: Siding Market Forecast: Breakup by Material (in Billion US$), 2021-2026
- Table 3: Global: Siding Market Forecast: Breakup by End Use (in Billion US$), 2021-2026
- Table 4: Global: Siding Market Forecast: Breakup by Application (in Billion US$), 2021-2026
- Table 5: Global: Siding Market Forecast: Breakup by Region (in Billion US$), 2021-2026
- Table 6: Global: Siding Market Structure
- Table 7: Global: Siding Market: Key Players