Philippines Roofing Market - Growth, Trends, Covid-19 Impact, and Forecasts (2023 - 2028)
The Philippine roofing market size was estimated at 21,853 thousand square meters in 2020, and the market is projected to register a CAGR of over 5% during the forecast period (2021-2026).
The market was negatively impacted by COVID-19 in 2020. Owing to the pandemic scenario, the construction works were on temporary halt, which led to a decrease in the demand in the roofing market during the government-imposed lockdown. However, the construction industry is picking up the pace in the post-COVID scenario, and it is estimated to grow in the forecast period, which is likely to enhance the demand in the Philippine roofing market in the coming years.
Key HighlightsThe roofing market in the Philippines is fragmented. The major players in the market studied include Union Galvasteel Corporation, DN STEEL, Metalink, Colorsteel Systems Corporation, and Jacinto Color Steel Inc.
Additional Benefits:Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook