Market Trends of North America Gutter Guards Industry
This section covers the major market trends shaping the North America Gutter Guards Market according to our research experts:
Hip Roofs slope will drive the market
Hip Roofs or Hipped Roofs are the second most popular or commonly used style of roof in North America. A hipped roof is characterized by the fact that it slopes down from all four sides to the walls and has no vertical sides. A hipped roof is suitable for longevity because it is one of the most aerodynamic styles and can withstand hurricanes and hail better than flat roofs. Hip style roofs slope on all four sides of the home and typically require gutters along each slope, whereas a gable roof only requires gutters on two sides of the home.
As a result, more newly built homes will require greater lengths of gutter and downspout products than their predecessors, boosting new sales and expanding the consumer base for replacement sales going forward.
Home Renovations in North America
In 2020, 52% of homeowners who renovated their home. Home renovation is when homeowners choose to remodel their home. These changes can be exterior or interior, as well as property improvements. Renovating a home can also include adding amenities or fixing what is already there. Home maintenance is a vital aspect of being a homeowner, so the home remains safe to live in. However, there are also aesthetic purposes to home renovations. Home rennovations in North America is driving the Gutter Guard Market