Siding Market Report 2023

Siding Global Market Report 2023 – By Material (Fiber Cement, Vinyl, Metal, Stucco, Concrete And Stone, Brick, Wood, Other Materials), By End User (Residential, Non Residential, Healthcare, Education, Hospitality, Retail, Offices, Other End Users), By Application (New Construction, Repair And Maintenance) – Market Size, Trends, And Global Forecast 2023-2032

Starting Price : $4000.00 | Pages : 200 | Published : January 2023 | Delivery Time: 2-3 business days | Format :

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Siding refers to protective materials attached to the exterior of a wall. Siding helps protect against exposure to elements, prevents heat loss, and helps improve the aesthetic of a building. Siding improves the aesthetic appeal of a building, along with properties such as durability and safety from extreme weathering has also driven the residential sector.

The main types of siding are fiber cement, vinyl, metal, stucco, concrete, and stone, brick, wood, others. Fiber cement is a composite building and construction material that, because of its strength and longevity, is mostly utilized in roofing and facade goods. The end-user of siding is residential, non-residential, healthcare, education, hospitality, retail, offices, and others that can use siding in new construction, repair & maintenance.

The siding market research report is one of a series of new reports from The Business Research Company that provides siding market statistics, including siding industry global market size, regional shares, competitors with a siding market share, detailed siding market segments, market trends and opportunities, and any further data you may need to thrive in the siding industry. This siding market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The global siding market size grew from $90.12 billion in 2022 to $94.3 billion in 2023 at a compound annual growth rate (CAGR) of 4.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The siding market size is expected to grow to $114.97 billion in 2027 at a CAGR of 5.1%.

The high durability and ability to enhance the aesthetic appearance of buildings are driving the growth of the siding market. Siding for new construction or repair helps improve various factors of a building. Siding can help ensure the structural integrity of a building, protecting water from causing the wood in a building to rot. Certain types of siding are also resistant to moisture or offer protection from harsh weather elements and wind up to 180 mph. Furthermore, it can help increase the resale value of a house by improving the aesthetic, various siding materials can be customized to offer an aesthetic finish to a building. These materials can also be resistant to UV rays, offering an aesthetic looking building in the long run

The increasing use of sidings with good insulation to reduce energy consumption through air conditioners and heaters are shaping the siding market. Sidings with good insulation are commonly vinyl sidings. These sidings unlike standard sidings come with a preinstalled layer of insulating foam, which eliminates hollow spaces under the vinyl layer and helps increase the stiffness of the installation, ultimately improving the impact resistance. Furthermore, well-insulated sidings help have even temperatures throughout the house. Moreover, a well-insulated exterior helps reduce indoor heating requirements during winter, leading to substantial energy savings, including the roof and fenestrations (windows, entry doors, and skylights) in preventing heat leaks, ultimately saving on indoor cooling costs. In addition, insulated walls also provide a noise reduction, perfect for residential buildings on a busy street.

In January 2022, Beacon, a US-based company acquired Cookeville-based wholesale distributor of exterior building materials, Crabtree Siding and Supply, for an undisclosed amount. Through this acquisition, Crabtree will make use of Beacon’s customer relations and supplier services along with strengthening its geographic footprint

Major players in the siding market are Compagnie de Saint-Gobain S.A., Westlake Chemical, Louisiana Pacific Corporation, Etex Group, Boral Limited, James Hardie Industries PLC, Nichiha Corporation, Cornerstone Building Brands, SHERA, Döcke Extrusion Co. Ltd., Georgia Pacific Vinyl Siding, Kingspan, Ply Gem, Lixil Group Corporation, Saint-Gobain, DuPont, Tata Steel, Arconic, Alumasc, Rockwool, National Cladding, Revelstone, Wienerberger, Knauf, Carea Community Health Centre, and Al Ghurair Group.

Asia-Pacific was the largest region in the siding market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the siding market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the siding market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The siding market consists of sales of hardie board siding, natural wood siding and ever last composite siding. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The global siding market is segmented -

1) By Material: Fiber Cement, Vinyl, Metal, Stucco, Concrete And Stone, Brick, Wood, Other Materials

2) By End-User: Residential, Non-Residential, Healthcare, Education, Hospitality, Retail, Offices, Other End-Users

3) By Application: New Construction, Repair And Maintenance

    Table Of Contents

    1. Executive Summary

    2. Siding Market Characteristics

    3. Siding Market Trends And Strategies

    4. Siding – Macro Economic Scenario

    4.1 COVID-19 Impact On Siding Market

    4.2 Ukraine-Russia War Impact On Siding Market

    4.3 Impact Of High Inflation On Siding Market

    5. Siding Market Size And Growth

    5.1. Global Siding Historic Market, 2017-2022, $ Billion

    5.1.1. Drivers Of The Market

    5.1.2. Restraints On The Market

    5.2. Global Siding Forecast Market, 2022-2027F, 2032F, $ Billion

    5.2.1. Drivers Of The Market

    5.2.2. Restraints On the Market

    6. Siding Market Segmentation

    6.1. Global Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Fiber Cement

    Vinyl

    Metal

    Stucco

    Concrete And Stone

    Brick

    Wood

    Other Materials

    6.2. Global Siding Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    Residential

    Non-Residential

    Healthcare

    Education

    Hospitality

    Retail

    Offices

    Other End-Users

    6.3. Global Siding Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    New Construction

    Repair And Maintenance

    7. Siding Market Regional And Country Analysis

    7.1. Global Siding Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    7.2. Global Siding Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    8. Asia-Pacific Siding Market

    8.1. Asia-Pacific Siding Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    9. China Siding Market

    9.1. China Siding Market Overview

    9.2. China Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F,$ Billion

    10. India Siding Market

    10.1. India Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    11. Japan Siding Market

    11.1. Japan Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    12. Australia Siding Market

    12.1. Australia Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    13. Indonesia Siding Market

    13.1. Indonesia Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    14. South Korea Siding Market

    14.1. South Korea Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    15. Western Europe Siding Market

    15.1. Western Europe Siding Market Overview

    15.2. Western Europe Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    16. UK Siding Market

    16.1. UK Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    17. Germany Siding Market

    17.1. Germany Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    18. France Siding Market

    18.3. France Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    19. Eastern Europe Siding Market

    19.1. Eastern Europe Siding Market Overview

    19.2. Eastern Europe Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    20. Russia Siding Market

    20.1. Russia Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    21. North America Siding Market

    21.1. North America Siding Market Overview

    21.2. North America Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    22. USA Siding Market

    22.1. USA Siding Market Overview

    22.2. USA Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    23. South America Siding Market

    23.1. South America Siding Market Overview

    23.2. South America Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    24. Brazil Siding Market

    24.1. Brazil Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    25. Middle East Siding Market

    25.1. Middle East Siding Market Overview

    25.2. Middle East Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    26. Africa Siding Market

    26.1. Africa Siding Market Overview

    26.2. Africa Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

    27. Siding Market Competitive Landscape And Company Profiles

    27.1. Siding Market Competitive Landscape

    27.2. Siding Market Company Profiles

    27.2.1. Compagnie de Saint-Gobain S.A.

    27.2.1.1. Overview

    27.2.1.2. Products and Services

    27.2.1.3. Strategy

    27.2.1.4. Financial Performance

    27.2.2. Westlake Chemical

    27.2.2.1. Overview

    27.2.2.2. Products and Services

    27.2.2.3. Strategy

    27.2.2.4. Financial Performance

    27.2.3. Louisiana Pacific Corporation

    27.2.3.1. Overview

    27.2.3.2. Products and Services

    27.2.3.3. Strategy

    27.2.3.4. Financial Performance

    27.2.4. Etex Group

    27.2.4.1. Overview

    27.2.4.2. Products and Services

    27.2.4.3. Strategy

    27.2.4.4. Financial Performance

    27.2.5. Boral Limited

    27.2.5.1. Overview

    27.2.5.2. Products and Services

    27.2.5.3. Strategy

    27.2.5.4. Financial Performance

    28. Key Mergers And Acquisitions In The Siding Market

    29. Siding Market Future Outlook and Potential Analysis

    30. Appendix

    30.1. Abbreviations

    30.2. Currencies

    30.3. Historic And Forecast Inflation Rates

    30.4. Research Inquiries

    30.5. The Business Research Company

    30.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Table 3: Global Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 4: Global Siding Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 5: Global Siding Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 6: Global Siding Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 7: Global Siding Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 8: Asia-Pacific, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 9: China, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 10: India, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 11: Japan, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 12: Australia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 13: Indonesia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 14: South Korea, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 15: Western Europe, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 16: UK, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 17: Germany, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 18: France, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 19: Eastern Europe, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 20: Russia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 21: North America, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 22: USA, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 23: South America, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 24: Brazil, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 25: Middle East, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 26: Africa, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Table 27: Compagnie de Saint-Gobain S.A. Financial Performance
  • Table 28: Westlake Chemical Financial Performance
  • Table 29: Louisiana Pacific Corporation Financial Performance
  • Table 30: Etex Group Financial Performance
  • Table 31: Boral Limited Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2017-2022, $ Billion
  • Figure 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
  • Figure 3: Global Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 4: Global Siding Market, Segmentation By End-User, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 5: Global Siding Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 6: Global Siding Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 7: Global Siding Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 8: Asia-Pacific, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 9: China, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 10: India, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 11: Japan, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 12: Australia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 13: Indonesia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 14: South Korea, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 15: Western Europe, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 16: UK, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 17: Germany, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 18: France, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 19: Eastern Europe, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 20: Russia, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 21: North America, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 22: USA, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 23: South America, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 24: Brazil, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 25: Middle East, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 26: Africa, Siding Market, Segmentation By Material, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
  • Figure 27: Compagnie de Saint-Gobain S.A. Financial Performance
  • Figure 28: Westlake Chemical Financial Performance
  • Figure 29: Louisiana Pacific Corporation Financial Performance
  • Figure 30: Etex Group Financial Performance
  • Figure 31: Boral Limited Financial Performance
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