Market Forecast by Application (roofs, walls, architecture and others), by Type (cedar wood shingles, teak wood shingles, wallaba wood shingles and others), By Countries (United States, Canada) and Competitive Landscape
Product Code: ETC054996 | Publication Date: May 2021 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 |
North America wood shingles market is anticipated to witness growth over the forthcoming period due to the new constructions and renovation projects for housing and infrastructure. Additionally, as a result of increased disposable incomes, new inventions and the ability of constructors to meet the rising demand for housing the wood shingles market is growing rapidly in the region. Moreover, strategies and tactics such as business extension and acquisition are implemented by roofing manufacturers to secure their existence in the market which in turn fuels the rise in North American wood shingles market. Further, the thriving popularity of eco-friendly roofing materials and natural disasters such as heavy storms push the demand for wood shingles in housing. However, the COVID19 pandemic and lockdown which triggered a halt in construction activities has currently hampered the growth of the market and post-2020 the market is likely to rise again in the future.
According to 6Wresearch, North America Wood Shingles Market size is anticipated to witness substantial growth during 2020-26. On the account of, augmented investments in the real estate division in the U.S and Canada commercial construction along with residential has witnessed significant growth in the past years. This rise in construction activities will help to boost the growth of the wood shingles market in the region. Further, Severe weather conditions such as high winds, winter storms, and hail were faced by numerous cities in the United States that damaged roofs and walls across the region. Additionally, in April 2019 the southern and eastern parts of the U.S came across several violent storms that destroyed houses and caused the loss of lives. Consequently, the rise in harsh and uncommon climate change lead to substantial damage of property which further lead to the replacement of roofs and walls thus, driving the growth of North America Wood Shingle Market. Further, the aesthetic appeal and eco-friendly nature are creating a demand for wood shingles. Moreover, the wood shingle market is anticipated to rise higher in the future as the roofing industry in the U.S and Canada has experienced changes owing to technological advancements.
Based on type, the wood shingles market is generally categorized into Cedar Wood Shingles, Teak Wood Shingles, Wallaba Wood Shingles and others. Further, the wood shingles made from red cedar are most popular as they are rot and insect resistant and they have high durability along with their appearance. Based on the application, the wood shingles market can be segregated into roofs & walls, Architecture and others. Key Companies functioning in North America wood shingle market are Berkshire Hathway, Owens Corning Corporation, Bridgestone America, and Gaf Materials.
North America Wood Shingles Market report thoroughly covers the market by Type, Application, and key countries including the United States and Canada. North America wood shingles market outlook report provides an unbiased and detailed analysis of the on-going North America wood shingles market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies accordingly to the current and future market dynamics.
Key Highlights
Markets Covered
The report provides a detailed analysis of the following market segments:
1. Executive Summary |
2. Introduction |
2.1. Key Highlights of the Report |
2.2. Report Description |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. North America Wood Shingles Market Overview |
3.1. North America Country Macro Economic Indicators |
3.2. North America Wood Shingles Market Revenues, 2019 & 2026F |
3.3. North America Wood Shingles Market - Industry Life Cycle |
3.4. North America Wood Shingles Market - Porter's Five Forces |
3.5. North America Wood Shingles Market Revenue Share, By Type, 2019 & 2026F |
3.6. North America Wood Shingles Market Revenue Share, By Application, 2019 & 2026F |
4. North America Wood Shingles Market Dynamics |
4.1. Impact Analysis |
4.2. Market Drivers |
4.3. Market Restraints |
5. North America Wood Shingles Market Trends |
6. North America Wood Shingles Market, By Type |
6.1. North America Wood Shingles Market, By Type |
6.1.1. Overview and Analysis |
6.1.2. North America Wood Shingles Market Revenues, By Teak Wood Shingles, 2016 - 2026F |
6.1.3. North America Wood Shingles Market Revenues, By Cedar Wood Shingles, 2016 - 2026F |
6.1.5. North America Wood Shingles Market Revenues, By Wallaba Wood Shingles, 2016 - 2026F |
6.1.5. North America Wood Shingles Market Revenues, By Others, 2016 - 2026F |
6.2. North America Wood Shingles Market, By Application |
6.2.1. Overview and Analysis |
6.2.2. North America Wood Shingles Market Revenues, By Architecture, 2016 - 2026F |
6.2.3. North America Wood Shingles Market Revenues, By Roofs, 2016 - 2026F |
6.2.4. North America Wood Shingles Market Revenues, By Walls, 2016 - 2026F |
6.2.5. North America Wood Shingles Market Revenues, By Others, 2016 - 2026F |
7. United States Wood Shingles Market |
7.1. United States Wood Shingles Market, By Type |
7.1. United States Wood Shingles Market, By Application |
7.1. United States Wood Shingles Market, By Regions |
8. Canada Wood Shingles Market |
8.1. Canada Wood Shingles Market, By Type |
8.1. Canada Wood Shingles Market, By Application |
8.1. Canada Wood Shingles Market, By Regions |
9. North America Wood Shingles Market Key Performance Indicators |
10. North America Wood Shingles Market - Opportunity Assessment |
10.1. North America Wood Shingles Market Opportunity Assessment, By Type, 2019 & 2026F |
10.2. North America Wood Shingles Market Opportunity Assessment, By Application, 2019 & 2026F |
11. North America Wood Shingles Market - Competitive Landscape |
11.1. North America Wood Shingles Market Revenue Share, By Companies, 2019 |
11.2. North America Wood Shingles Market Competitive Benchmarking, By Operating and Technical Parameters |
12. Company Profiles |
13. Recommendations |
14. Disclaimer |