Europe Roofing Tiles Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 4.88 Billion |
| Market Size (2029) | USD 6.32 Billion |
| CAGR (2024 - 2029) | 5.31 % |
| Market Concentration | Low |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Roofing Tiles Market Analysis
The Europe Roofing Tiles Market size is estimated at USD 4.88 billion in 2024, and is expected to reach USD 6.32 billion by 2029, growing at a CAGR of 5.31% during the forecast period (2024-2029).
In line with the COVID-19 outbreak in 2020, nationwide lockdowns around the globe, disruptions in manufacturing activities and supply chains, and production halts negatively impacted the European roof tiles market. However, the market recovered from 2021 to 2022 and is expected to continue its growth trajectory during the forecast period.
- Besides, major factors driving the market studied include increasing demand from the construction industry and favorable government policies for green buildings.
- Roof tiles tend to be more expensive than a few other options, which is likely to hamper the market's growth. The lack of skilled workers in the construction industry is also anticipated to impede market expansion.
- Nevertheless, the development of solar roof tiles is expected to offer various lucrative opportunities for the market's growth.
- Among the European countries, Germany is expected to dominate the regional market due to the growth in its construction industry.
Europe Roofing Tiles Market Trends
Consistent Growth of the Residential Segment
- The usage of roofing tiles for residential applications is increasing because they can reduce the overall heat transfer into the attic by almost 70%, compared to an asphalt shingle roof. Roofing tiles are available for various residences, including single-family homes, townhomes, condominiums, and apartment buildings. The installation of roofing tiles in residential applications is one of the most cost-effective choices due to their long lifespan.
- Strong demand from various European countries makes residential construction one of the significant markets in Europe. According to the UK government, it is on track to meet its manifesto commitment to build 1 million homes in the current parliament with the support of the GBP 10 billion (USD 12.7 billion) investment allocated to boost housing supply.
- In February 2024, an increase of GBP 3 billion (USD 3.8 billion) was made in a government-backed loan fund to build 20,000 new affordable homes across the United Kingdom to help more people own a house.
- As per the European Commission, under its Housing First Plan (Le Logement D'abord), the French government announced tax waivers. Under the budget, the housing tax was entirely removed for 80% of French households. With regard to the remaining 20%, the country's wealthiest households, there was a gradual decrease in this tax rate from 2021, followed by a complete cessation of housing tax by 2023.
- According to Spain's National Statistics Institute (INE), the net household construction is anticipated to increase at an average pace of around 135,000 units every year from 2019 to 2025. Thus, the residential construction industry is expected to grow significantly over the latter period of the forecast period.
- The above-mentioned trends and facts indicate a strong demand for European roof tiles in the residential segment during the forecast period.
Germany to Dominate the Market
- The German economy is the largest in Europe and among the top five largest in the world. It also has the largest housing stock among European countries, which indicates its dominance over the demand for European roof tiles.
- According to the Federal Statistical Office (Destatis) report, in March 2023, the construction of 24,500 dwellings was permitted in Germany, a decrease of 10,300 (approx. 29.6%) in building permits compared with March 2022.
- The turnover in building completion work fell by 4.8% in 2022 compared to 2021 because of the substantial increase in construction prices.
- According to Deutsche Welle, Germany is expected to see a 32% drop in new housing construction between 2023 and 2025. Furthermore, it is estimated that only 200,000 homes will be completed in 2025 compared to 295,000 in 2022, which could lead to an increase in housing prices.
- Germany's residential construction industry has also witnessed new orders being considerably slower and existing orders being canceled much more frequently. For instance, according to the IFO Institute, around 22% of German companies witnessed orders getting canceled in October 2023, about 48.7% of companies also mentioned a lack of new orders in October 2023, and 46.6% mentioned the same in September 2023.
- Considering the above-mentioned facts and figures, even though the German housing construction industry seems to shrink, the country's dominance over the European roof tiles market is expected to be maintained during the forecast period.
Europe Roofing Tiles Industry Overview
The European roof tiles market is fragmented in nature. The major companies in the market studied (in no particular order) include Wienerberger AG, BMI Group, TERREAL, IKO Industries Ltd, and Marley.
Europe Roofing Tiles Market Leaders
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Wienerberger AG
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BMI Group
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IKO Industries Ltd
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TERREAL
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Marley
*Disclaimer: Major Players sorted in no particular order
Europe Roofing Tiles Market News
- March 2024: Wienerberger made the largest acquisition in its history, acquiring Terreal’s business in France, Italy, Spain, and the United States, as well as Creaton in Germany. The company did this to strengthen its position as the leading European pitched-roof provider for innovative roofing and solar solutions.
- January 2024: Northstar Clean Technologies Inc. announced receiving the first delivery of manufacturing waste shingles to its asphalt shingle reprocessing facility in Calgary, Alberta, as part of the five-year supply agreement with IKO Industries Ltd.
- May 2023: Russell Roof Tiles, a subsidiary of Crown Roof Tiles, announced an investment of GBP 18.5 million (~USD 23.5 million) in expansion to double output at its Burton site. This will help the company meet the increasing demand for its products and meet the United Kingdom’s housing needs of 300,000 new homes every year.
- April 2023: East Capital Partners, a Connecticut-based real estate investment firm, acquired the former IKO shingle manufacturing plant through an investment of USD 10.5 million.
Europe Roofing Tiles Market Report - Table of Contents
1. INTRODUCTION
- 1.1 Study Assumptions
- 1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
-
4.1 Drivers
- 4.1.1 Increased Favorable Government Policies for Green Buildings
- 4.1.2 Increasing Demand from Construction Industry
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4.2 Restraints
- 4.2.1 Higher Price Among Other Roofing Options
- 4.2.2 Lack of Skilled Workers in the Construction Sector
- 4.3 Industry Value Chain Analysis
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4.4 Porter's Five Forces Analysis
- 4.4.1 Bargaining Power of Suppliers
- 4.4.2 Bargaining Power of Buyers
- 4.4.3 Threat of New Entrants
- 4.4.4 Threat of Substitute Products and Services
- 4.4.5 Degree of Competition
5. MARKET SEGMENTATION (Market Size in Value)
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5.1 Type
- 5.1.1 Clay
- 5.1.2 Concrete
- 5.1.3 Other Types
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5.2 End-user Industry
- 5.2.1 Residential
- 5.2.2 Commercial
- 5.2.3 Infrastructure
- 5.2.4 Industrial and Institutional
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5.3 Geography
- 5.3.1 Germany
- 5.3.2 United Kingdom
- 5.3.3 Italy
- 5.3.4 France
- 5.3.5 Spain
- 5.3.6 Russia
- 5.3.7 NORDIC
- 5.3.8 Turkey
- 5.3.9 Rest of Europe
6. COMPETITIVE LANDSCAPE
- 6.1 Mergers & Acquisitions, Joint Ventures, Collaborations, and Agreements
- 6.2 Market Share (%) Analysis **/ Market Ranking Analysis
- 6.3 Strategies Adopted by Leading Players
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6.4 Company Profiles
- 6.4.1 BMI Group
- 6.4.2 Crown Roof Tiles
- 6.4.3 Fornace Laterizi Vardanega Isidoro SRL
- 6.4.4 IKO Industries Ltd
- 6.4.5 INDUSTRIE COTTO POSSAGNO SpA
- 6.4.6 Marley
- 6.4.7 TERREAL
- 6.4.8 Vortex Hydra SRL Italy
- 6.4.9 Wienerberger AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
- 7.1 Development of Solar Roof Tiles
Europe Roofing Tiles Industry Segmentation
Roof tiles are designed mainly to keep out rain and are traditionally made from locally available materials such as terracotta or slate. Modern materials such as concrete, metal, and plastic are also used, and some clay tiles have a waterproof glaze. Roof tiles provide a barrier between the inside of a structure and the harsh outside elements.
The European roof tiles market is segmented by type, end-user industry, and geography. By type, the market is segmented into clay, concrete, and other types (stone-coated metal, asphalt shingle, etc.). By end-user industry, the market is segmented into residential, commercial, infrastructure, and industrial and institutional. The report also covers the size and forecast for the roofing tiles market in 7 countries across Europe. For each segment, the market sizes and forecasts are provided in terms of revenue (USD).
| Type | Clay |
| Concrete | |
| Other Types | |
| End-user Industry | Residential |
| Commercial | |
| Infrastructure | |
| Industrial and Institutional | |
| Geography | Germany |
| United Kingdom | |
| Italy | |
| France | |
| Spain | |
| Russia | |
| NORDIC | |
| Turkey | |
| Rest of Europe |
Europe Roofing Tiles Market Research FAQs
How big is the Europe Roofing Tiles Market?
The Europe Roofing Tiles Market size is expected to reach USD 4.88 billion in 2024 and grow at a CAGR of 5.31% to reach USD 6.32 billion by 2029.
What is the current Europe Roofing Tiles Market size?
In 2024, the Europe Roofing Tiles Market size is expected to reach USD 4.88 billion.
Who are the key players in Europe Roofing Tiles Market?
Wienerberger AG, BMI Group, IKO Industries Ltd, TERREAL and Marley are the major companies operating in the Europe Roofing Tiles Market.
What years does this Europe Roofing Tiles Market cover, and what was the market size in 2023?
In 2023, the Europe Roofing Tiles Market size was estimated at USD 4.62 billion. The report covers the Europe Roofing Tiles Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Roofing Tiles Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Roofing Tiles in Europe Industry Report
Statistics for the 2024 Europe Roofing Tiles market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Roofing Tiles analysis includes a market forecast outlook to for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
