$2.2bn
$XXX.Xm
8,972
317
$XXX.Xm
The Sheet-Metal Roofing Manufacturing industry fabricates roofs made from thin, flat pieces of metal, typically steel or aluminum. Sheet-metal roofs have long been popular for use in garages, industrial buildings and commercial buildings. However, metal roofs are also gaining traction in the residential market because they are highly durable (able to endure several decades with relatively little maintenance), do not burn, can resist damage from severe weather, are environmentally friendly and are easy to install and repair. Due to sustained demand from the construction markets and resilient corporate profit levels, industry revenue is expected to have grown at a CAGR of 3.9% to reach $2.2 billion in 2023, when revenue is set to fall 9.0% as input prices fall.In recent years, prices of steel and aluminum have experienced periods of growth and have provided a boost to industry revenue. Low interest rates led to heightened levels of construction activity and increased demand levels experienced by industry operators, particularly in 2021. However, operational hurdles, amid the COVID-19 pandemic have hindered industry profit, which remains at 5.2% of revenue in 2023. The industry benefits from limited international trade in metal roofing, which is heavy, bulky and costly to transport. Imports fulfill an estimated 4.4% of domestic demand and pose little threat to industry operators.The industry is expected to experience a slight decline in the coming years, as still elevated interest rates cause commercial and residential construction activity to slow in the near term. Meanwhile the price of metal is expected to fall, which will contribute to limited industry revenue growth moving forward. Despite declines, industry operators could benefit from green initiatives, which emphasizes the importance of metal roofing. Overall, however, IBISWorld expects revenue to decrease at a CAGR of 1.5% to reach $2.0 billion in 2028.
Industry revenue has grown at a CAGR of 3.9 % over the past five years, to reach an estimated $2.2bn in 2023.
Market size is projected to decline over the next five years.
Company | Market Share (%)
2023 | Revenue ($m)
2023 | Profit ($m)
2023 | Profit Margin (%)
2023 |
---|---|---|---|---|
Cornerstone Building Brands, Inc. | 274.5 | 3.1 | 1.1 | |
Omnimax International, Inc. | 65.5 | 3.9 | 6.0 |
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Industry revenue is measured across several distinct product and services lines, including Galvanized steel roofing, Mixed-metal steel roofing and Aluminum roofing. Galvanized steel roofing is the largest segment of the Sheet-Metal Roofing Manufacturing in the US.
Steel roofing leads the industry
This industry fabricates sheet-metal roofing products, including aluminum, steel, copper and zinc roofing. However, the industry does not manufacture sheet-metal roofing drainage. It also does not install or repair roofs, which are activities that are accounted for in the Roofing Contractors industry (IBISWorld report 23816).
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NAICS 33232 - Sheet-Metal Roofing Manufacturing in the US
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
As an input to construction, demand for sheet-metal roofing will fluctuate with the broader construction market. More specifically, sheet-metal roofing is more often used in ...
Learn about an industry's products and services, markets and trends in international trade.
Steel roofing leads the industry. Steel roofing is relatively cheap and durable.
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Population centers draw manufacturers. The high volume of construction projects in major cities makes them ideal places for manufacturing facilities.
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Competition is centered around quality and convenience. Manufacturers that can deliver high-quality products quickly to construction projects in the area enjoy the most succe...
Learn about the performance of the top companies in the industry.
The industry is led by Cornerstone Building Brands. The company produces a range of sheet metal and exterior building products.
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
The value of construction drives success. As the value of construction increases, the value of the products needed for construction rises as well, boosting this industry.
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Fluctuating input costs and construction activity have pressured profit. Steady metal prices have helped profit stabilize, but the value of construction is on the decline as ...
Including values and annual change:
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Key data sources in the US include:
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The market size of the Sheet-Metal Roofing Manufacturing in the US industry in United States is $2.2bn in 2024.
There are 317 businesses in the Sheet-Metal Roofing Manufacturing in the US industry in United States, which has grown at a CAGR of 5.7 % between 2018 and 2023.
The market size of the Sheet-Metal Roofing Manufacturing in the US industry in United States has been growing at a CAGR of 3.9 % between 2018 and 2023.
Over the next five years, the Sheet-Metal Roofing Manufacturing in the US industry in United States is expected to decline.
The biggest companies operating in the Sheet-Metal Roofing Manufacturing market in United States are Cornerstone Building Brands, Inc. and Omnimax International, Inc.
Manufacturing aluminum metal roofing and Manufacturing steel metal roofing are part of the Sheet-Metal Roofing Manufacturing in the US industry.
The company holding the most market share in United States is Cornerstone Building Brands, Inc..
The level of competition is moderate and steady in the Sheet-Metal Roofing Manufacturing in the US industry in United States.