US Asphalt Shingles

US Asphalt Shingles

This study examines the demand for asphalt shingles in the US, breaking it down by product type, application (new construction versus reroofing), market (residential and commercial), and building type. The analysis also covers demand across major US regions and subregions. The product categories include standard laminated shingles, high-performance laminated shingles, and three-tab shingles. The study looks at various building types, such as residential (single-family housing, multifamily housing, and manufactured housing) and commercial (office, retail, lodging, institutional, industrial, transportation, and other sectors including government, recreation, and agriculture). Historical data for 2013, 2018, and 2023, along with forecasts for 2028 and 2033, are provided, showing demand in current US dollars (accounting for inflation) and in squares. Additionally, annual data from 2020 to 2027 is presented for all markets and product types in both squares and US dollars. This report is part of a broader series on the roofing industry, with a comprehensive overview of competition among various roofing products available in our detailed report on US Roofing.


1. Executive Summary
2. About This Report
Report Details
Study Scope & Product Description
Short-Term Asphalt Shingle Trends
3. Overview
Historical Market Trends
Product Overview
Area Demand by Product Type
Value Demand by Product Type
Markets Overview
New vs Reroofing Shingle Demand
New Construction
Reroofing
Pricing Trends & Inflation
Competitive Products
4. Factors Impacting Roofing Demand
Building Construction Activity
Reroofing: Age of Roof vs Weather-Related Demand
Size & Age of Building Stock
Weather & Climate
Roof Slope: Low or Steep
Installation Issues
Installation Costs
Availability of Trained Labor
Job Site Safety
Evolving Building Codes
Insurer Requirements
Sustainability Initiatives
Recycling & Recycled Content
Cool Roofing
Energy Efficiency (LEED & Energy Star)
Product Lifespan
5. Standard Laminated Asphalt Shingles
Scope & Product Description
Markets
New vs. Reroofing Demand
Regional Data
6. High-Performance Laminated Asphalt Shingles
Scope & Product Description
Markets
New vs Reroofing Demand
Regional Data
7. Three-Tab Asphalt Shingles
Scope & Product Description
Markets
New vs Reroofing Demand
Regional Data
8. Residential Market for Asphalt Shingles
Market Scope
New vs Reroofing
New Residential Construction
Residential Reroofing
Housing Type
Single-Family Housing
Multifamily Housing
Manufactured Housing
Product Trends
Regional Data
9. Commercial Market for Asphalt Shingles
Market Scope
New vs Reroofing Demand
New Commercial Construction
Commercial Reroofing
Building Type
Office, Retail, & Lodging
Institutional
Industrial
Transportation & Other Commercial Buildings
Product Trends
Regional Data
10. Regional Trends
Asphalt Shingles Demand by Region
Northeast
Northeast: Asphalt Shingle Market
New England
Middle Atlantic
Midwest
Midwest: Asphalt Shingle Market
East North Central
West North Central
South
South: Asphalt Shingle Market
South Atlantic
East South Central
West South Central
West
West: Asphalt Shingle Market
Mountain
Pacific
11. Key Suppliers & Market Share
Industry Composition
Market Share
Distribution
Distribution Overview
Specialized Roofing Distributors
Other Sales Channels
12. Appendix
Scope
Definitions
Freedonia Methodology
Study-Specific Methodology
Sources
Associations & Agencies
Related Studies & Reports
Macroeconomic Assumptions
Economic Environment
Demographic Trends
Consumer Spending
Consumer Financing
Residential Building Construction
Housing Starts
Housing Stock
Residential Improvements & Repairs
Commercial Building Stock
Commercial Building Construction
Commercial Building Improvements & Repairs
List of Tables
2. About This Report
Table 2-1. Annual Asphalt Shingle Demand by Product, 2021 – 2025 (million squares & million dollars)
3. Overview
Table 3-1. Asphalt Shingle Demand, 2013 – 2023 (million squares & million dollars)
Table 3-2. Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 3-3. Annual Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 3-4. Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million dollars)
Table 3-5. Annual Asphalt Shingle Demand by Type, 2020 – 2027 (million dollars)
Table 3-6. Asphalt Shingle Demand by Market , 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 3-7. Annual Asphalt Shingle Demand by Market, 2020 – 2027 (million squares)
Table 3-8. Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares & million dollars)
Table 3-9. Annual Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares & million dollars)
Table 3-10. New Construction Demand for Asphalt Shingles, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 3-11. Annual New Construction Demand for Asphalt Shingles, 2020 – 2027 (million squares)
Table 3-12. Reroofing Demand for Asphalt Shingles, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 3-13. Annual Reroofing Demand for Asphalt Shingles, 2020 – 2027 (million squares)
Table 3-14. Asphalt Shingle Prices by Type, 2013, 2018, 2023, 2028, & 2033 (dollars per square)
Table 3-15. Annual Asphalt Shingle Prices by Type, 2020 – 2027 (dollars per square)
4. Factors Impacting Roofing Demand
Table 4-1. Building Construction Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars & billion dollars)
Table 4-2. Roofing Stock by Market & Building Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 4-3. Installation Costs for Asphalt Shingles by Type, 2013, 2018, 2023, 2028, & 2033 (dollars per square)
Table 4-4. Annual Installation Costs for Asphalt Shingles by Type, 2020 – 2027 (dollars per square)
5. Standard Laminated Asphalt Shingles
Table 5-1. Standard Laminated Asphalt Shingles: Advantages & Disadvantages
Table 5-2. Standard Laminated Asphalt Shingle Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 5-3. Annual Standard Laminated Asphalt Shingle Demand by Market, 2020 – 2027 (million squares)
Table 5-4. Standard Laminated Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 5-5. Annual Standard Laminated Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares)
Table 5-6. Standard Laminated Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 5-7. Annual Standard Laminated Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
6. High-Performance Laminated Asphalt Shingles
Table 6-1. High-Performance Laminated Asphalt Shingle Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 6-2. Annual High-Performance Laminated Asphalt Shingle Demand by Market, 2020 – 2027 (million squares)
Table 6-3. High-Performance Laminated Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 6-4. Annual High-Performance Laminated Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares)
Table 6-5. High-Performance Laminated Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 6-6. Annual High-Performance Laminated Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
7. Three-Tab Asphalt Shingles
Table 7-1. Three-Tab Asphalt Shingles: Advantages & Disadvantages
Table 7-2. Three-Tab Asphalt Shingle Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 7-3. Annual Three-Tab Asphalt Shingle Demand by Market, 2020 – 2027 (million squares)
Table 7-4. Three-Tab Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 7-5. Annual Three-Tab Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares)
Table 7-6. Three-Tab Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 7-7. Annual Three-Tab Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
8. Residential Market for Asphalt Shingles
Table 8-1. Residential Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-2. Annual Residential Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares)
Table 8-3. New Residential Construction Market for Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-4. Annual New Residential Construction Market for Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-5. Residential Reroofing Market for Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-6. Annual Residential Reroofing Market for Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-7. Residential Asphalt Shingle Demand by Housing Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-8. Annual Residential Asphalt Shingle Demand by Housing Type, 2020 – 2027 (million squares)
Table 8-9. Single-Family Housing Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-10. Annual Single-Family Housing Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-11. Multifamily Housing Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-12. Annual Multifamily Housing Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-13. Manufactured Housing Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-14. Annual Manufactured Housing Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-15. Residential Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-16. Annual Residential Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 8-17. Residential Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 8-18. Annual Residential Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
9. Commercial Market for Asphalt Shingles
Table 9-1. Commercial Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-2. Annual Commercial Asphalt Shingle Demand: New vs Reroofing, 2020 – 2027 (million squares)
Table 9-3. New Commercial Construction Market for Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-4. Annual New Commercial Construction Market for Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-5. Commercial Reroofing Market for Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-6. Annual Commercial Reroofing Market for Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-7. Commercial Asphalt Shingle Demand by Building Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-8. Annual Commercial Asphalt Shingle Demand by Building Type, 2020 – 2027 (million squares)
Table 9-9. Office, Retail, & Lodging Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-10. Annual Office, Retail, & Lodging Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-11. Institutional Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-12. Annual Institutional Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-13. Industrial Buildings Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-14. Annual Industrial Buildings Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-15. Transportation & Other Commercial Buildings Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-16. Annual Transportation & Other Commercial Buildings Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-17. Commercial Asphalt Shingle Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-18. Annual Commercial Asphalt Shingle Demand by Type, 2020 – 2027 (million squares)
Table 9-19. Commercial Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 9-20. Annual Commercial Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
10. Regional Trends
Table 10-1. Asphalt Shingle Demand by Region, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-2. Annual Asphalt Shingle Demand by Region, 2020 – 2027 (million squares)
Table 10-3. Northeast: Asphalt Shingle Demand by Subregion, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-4. Northeast: Annual Asphalt Shingle Demand by Subregion, 2020 – 2027 (million squares)
Table 10-5. New England: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-6. New England: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-7. Middle Atlantic: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-8. Middle Atlantic: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-9. Midwest: Asphalt Shingle Demand by Subregion, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-10. Midwest: Annual Asphalt Shingle Demand by Subregion, 2020 – 2027 (million squares)
Table 10-11. East North Central: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-12. East North Central: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-13. West North Central: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-14. West North Central: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-15. South: Asphalt Shingle Demand by Subregion, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-16. South: Annual Asphalt Shingle Demand by Subregion, 2020 – 2027 (million squares)
Table 10-17. South Atlantic: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-18. South Atlantic: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-19. East South Central: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-20. East South Central: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-21. West South Central: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-22. West South Central: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-23. West: Asphalt Shingle Demand by Subregion, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-24. West: Annual Asphalt Shingle Demand by Subregion, 2020 – 2027 (million squares)
Table 10-25. Mountain: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-26. Mountain: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
Table 10-27. Pacific: Asphalt Shingle Demand by Type, Market, & Application, 2013, 2018, 2023, 2028, & 2033 (million squares)
Table 10-28. Pacific: Annual Asphalt Shingle Demand by Type, Market, & Application, 2020 – 2027 (million squares)
12. Appendix
Table 12-1. Relevant Industry Codes
Table 12-2. Relevant HS Codes
Table 12-3. Macroeconomic Indicators, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars)
Table 12-4. Population & Households, 2013, 2018, 2023, 2028, & 2033 (million persons)
Table 12-5. Personal Consumption Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars)
Table 12-6. Consumer Financing Environment, 2013 – 2023
Table 12-7. Residential Building Construction Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars & billion dollars)
Table 12-8. New Housing Indicators, 2013, 2018, 2023, 2028, & 2033 (thousand units)
Table 12-9. Housing Stock by Type, 2013, 2018, 2023, 2028, & 2033 (million units)
Table 12-10. Residential Improvement & Repair Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars & billion dollars)
Table 12-11. Commercial Building Stock, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars)
Table 12-12. Commercial Building Construction Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars & billion dollars)
Table 12-13. Commercial Building Improvement & Repair Expenditures, 2013, 2018, 2023, 2028, & 2033 (billion 2017 dollars & billion dollars)
List of Figures
1. Executive Summary
Figure 1-1. Asphalt Shingles Market Outlook
2. About This Report
Figure 2-1. Asphalt Shingles: Product Examples
3. Overview
Figure 3-1. Asphalt Shingles Demand, 2000 – 2023 (million squares)
Figure 3-2. Asphalt Shingles Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 3-3. Asphalt Shingles Demand by Type, 2013, 2018, 2023, 2028, & 2033 (million dollars)
Figure 3-4. Asphalt Shingles Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 3-5. Asphalt Shingles Pricing by Type, 2013 – 2028 (dollars per square)
Figure 3-6. Comparative Growth: Asphalt Shingles & Competitive Products, 2023 – 2028 (% CAGR)
4. Factors Impacting Roofing Demand
Figure 4-1. Building Construction Expenditures, 2020 – 2027 (billion 2017 dollars)
Figure 4-2. Age-Related vs. Weather-Related Residential Reroofing Demand, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 4-3. Weather-Related Residential Reroofing Demand, 2013 – 2023 (million squares)
Figure 4-4. Installation Cost Comparison: Asphalt Shingles & Competitive Roofing Products, 2023 (dollars per square)
Figure 4-5. Average Lifespans of Selected Roofing Materials, (years)
5. Standard Laminated Asphalt Shingles
Figure 5-1. Standard Laminated Asphalt Shingles Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 5-2. Standard Laminated Asphalt Shingle Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
6. High-Performance Laminated Asphalt Shingles
Figure 6-1. High-Performance Laminated Asphalt Shingles: Product Characteristics
Figure 6-2. High-Performance Laminated Asphalt Shingles Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 6-3. High-Performance Laminated Asphalt Shingles Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
7. Three-Tab Asphalt Shingles
Figure 7-1. Three-Tab Asphalt Shingle Demand by Market, 2013, 2018, 2023, 2028, & 2033 (million squares)
Figure 7-2. Three-Tab Asphalt Shingles Demand: New vs Reroofing, 2013, 2018, 2023, 2028, & 2033 (million squares)
11. Key Suppliers & Market Share
Figure 11-1. Asphalt Shingles Market Share by Company, 2023 (billion dollars)
12. Appendix

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