Nepal Roofing Underlay Market Outlook (2023-2029) | Size, Share, industry, Revenue, Analysis, Growth & COVID-19 IMPACT

Market Forecast By Product (Asphalt-saturated felt, Rubberized asphalt, Non-bitumen synthetic), By Application (Residential Construction, Non-residential construction) And by Competitive Landscape

Product Code: ETC344676 Publication Date: Mar 2023 Product Type: Market Research Report
Publisher: 6Wresearch No. of Pages: 75 No. of Figures: 35 No. of Tables: 20

Nepal Roofing Underlay Market Synopsis

The Nepal Roofing Underlay Market is anticipated to grow efficiently during the forecast period as the market has become a crucial market in the country due to the rising number of construction projects, and the growing adoption of underlay in commercial and residential buildings.

According to 6Wresearch, the Nepal Roofing Underlay Market size is anticipated to grow at a higher growth rate during 2023-2029. The sector in the country is driven by factors such as the rising number of construction projects, and the growing adoption of underlay in commercial and residential buildings. Other factors driving the market include the rising demand from the end-users and the rise in disposable incomes of people in the country.

The number of companies running in the market is rising more and more owing to the efficiency of the market and the quality it provides. Many companies are entering the market since opportunities for growth are rising here. The companies focus on expanding their portfolio and it is driving the Nepal Roofing Underlay Market Share. The sector in the nation is progressing at a faster pace owing to the rising demand for roofing underlay.  

The sector is also facing some challenges which include limited quality products, limited education and awareness, limited distribution networks, competition from low-cost alternatives, lack of support from the government, and dependence on the construction industry. These are some key challenges confronting the market.

COVID-19 impact on the Nepal Roofing Underlay Market

The pandemic had many significant impacts on the worldwide economy, and Nepal is no exception. The construction sector in Nepal, which is a key consumer of roofing underlay, was adversely affected by the COVID-19 pandemic. Numerous construction projects delayed or cancelled owing to the lack of materials, labour, as well as financing.

The lockdown measures imposed in the country in order to control the virus spread led to a disruption in economic activities as well as a decrease in purchasing power of consumers. This reduced demand for the products of roofing underlay in the nation. The border closure and restrictions on imports as well as exports also disrupted supply chains, resulting in a lack of raw materials as well as finished products.

On the contrary, the demand for roofing underlay increased in the long term owing to the pandemic. As people were spending more time at home, they focused on home improvement projects, which drove the demand for roofing underlay products. In addition, the government of the country announced plans to invest in infrastructure projects, which increased the demand for construction materials such as roofing underlay.

The Nepal Roofing Underlay Market Growth was disrupted during the pandemic for a short term and the sector is now making continuous progress.

Market Analysis by Product

Based on product, the Nepal Roofing Underlay Industry is divided into Asphalt-Saturated Felt, Rubberized Asphalt, and Non-Bitumen Synthetic. The Asphalt-Saturated Felt is likely to dominate the sector due to its rising demand in the market.

Market Analysis by Application

Based on application, the Roofing Underlay Market in Nepal is divided into Residential Construction and Non-Residential Construction. Both these segments can grow in the market in the years to come as the demand for roofing underlay is growing from both these segments.

Key attractiveness of the report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2019 to 2022.
  • Base Year: 2022.
  • Forecast Data until 2029.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects.

Key Highlights of the Report

  • Nepal Roofing Underlay Market Outlook
  • Market Size of Nepal Roofing Underlay Market, 2022
  • Forecast of Nepal Roofing Underlay Market, 2029
  • Historical Data and Forecast of Nepal Roofing Underlay Revenues & Volume for the Period 2019 -2029
  • Nepal Roofing Underlay Market Trend Evolution
  • Nepal Roofing Underlay Market Drivers and Challenges
  • Nepal Roofing Underlay Price Trends
  • Nepal Roofing Underlay Porter's Five Forces
  • Nepal Roofing Underlay Industry Life Cycle
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Product for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Asphalt-saturated felt for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Rubberized asphalt for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Non-bitumen synthetic for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Application for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Residential construction for the Period 2019 -2029
  • Historical Data and Forecast of Nepal Roofing Underlay Market Revenues & Volume By Non-residential construction for the Period 2019 -2029
  • Nepal Roofing Underlay Import Export Trade Statistics
  • Market Opportunity Assessment By Product
  • Market Opportunity Assessment By Application
  • Nepal Roofing Underlay Top Companies Market Share
  • Nepal Roofing Underlay Competitive Benchmarking By Technical and Operational Parameters
  • Nepal Roofing Underlay Company Profiles
  • Nepal Roofing Underlay Key Strategic Recommendations

Market Covered

The report offers a comprehensive study of the subsequent market segments:

By Product

  • Asphalt-Saturated Felt
  • Rubberized Asphalt
  • Non-Bitumen Synthetic

By Application

  • Residential Construction
  • Non-Residential Construction
Nepal Roofing Underlay Market: FAQs
The Nepal Roofing Underlay Market is anticipated to grow efficiently during the forecast period as the market has become a crucial market in the country due to the rising number of construction projects, and the growing adoption of underlay in commercial and residential buildings.
The number of companies running in the market is rising more and more owing to the efficiency of the market and the quality it provides.
The sector in the country is driven by factors such as the rising number of construction projects, and the growing adoption of underlay in commercial and residential buildings. Other factors driving the market include the rising demand from the end-users and the rise in disposable incomes of people in the country.
The sector is also facing some challenges which include limited quality products, limited education and awareness, limited distribution networks, competition from low-cost alternatives, lack of support from the government, and dependence on the construction industry.
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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 Nepal Roofing Underlay Market Overview
3.1 Nepal Country Macro Economic Indicators
3.2 Nepal Roofing Underlay Market Revenues & Volume, 2022 & 2029F
3.3 Nepal Roofing Underlay Market - Industry Life Cycle
3.4 Nepal Roofing Underlay Market - Porter's Five Forces
3.5 Nepal Roofing Underlay Market Revenues & Volume Share, By Product, 2022 & 2029F
3.6 Nepal Roofing Underlay Market Revenues & Volume Share, By Application, 2022 & 2029F
4 Nepal Roofing Underlay Market Dynamics
4.1 Impact Analysis
4.2 Market Drivers
4.3 Market Restraints
5 Nepal Roofing Underlay Market Trends
6 Nepal Roofing Underlay Market, By Types
6.1 Nepal Roofing Underlay Market, By Product
6.1.1 Overview and Analysis
6.1.2 Nepal Roofing Underlay Market Revenues & Volume, By Product, 2019 - 2029F
6.1.3 Nepal Roofing Underlay Market Revenues & Volume, By Asphalt-saturated felt, 2019 - 2029F
6.1.4 Nepal Roofing Underlay Market Revenues & Volume, By Rubberized asphalt, 2019 - 2029F
6.1.5 Nepal Roofing Underlay Market Revenues & Volume, By Non-bitumen synthetic, 2019 - 2029F
6.2 Nepal Roofing Underlay Market, By Application
6.2.1 Overview and Analysis
6.2.2 Nepal Roofing Underlay Market Revenues & Volume, By Residential construction, 2019 - 2029F
6.2.3 Nepal Roofing Underlay Market Revenues & Volume, By Non-residential construction, 2019 - 2029F
7 Nepal Roofing Underlay Market Import-Export Trade Statistics
7.1 Nepal Roofing Underlay Market Export to Major Countries
7.2 Nepal Roofing Underlay Market Imports from Major Countries
8 Nepal Roofing Underlay Market Key Performance Indicators
9 Nepal Roofing Underlay Market - Opportunity Assessment
9.1 Nepal Roofing Underlay Market Opportunity Assessment, By Product, 2022 & 2029F
9.2 Nepal Roofing Underlay Market Opportunity Assessment, By Application, 2022 & 2029F
10 Nepal Roofing Underlay Market - Competitive Landscape
10.1 Nepal Roofing Underlay Market Revenue Share, By Companies, 2022
10.2 Nepal Roofing Underlay Market Competitive Benchmarking, By Operating and Technical Parameters
11 Company Profiles
12 Recommendations
13 Disclaimer
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