Lucintel Forecasts Canadian Siding Market to Reach $3.0 billion by 2030
Lucintel Forecasts Canadian Siding Market to Reach $3.0 billion by 2030
Blog Article
According to the recent study the Canadian siding market is projected to reach an
estimated $3.0 billion by 2030 from $2.6 billion in 2023, at a CAGR of 4.0% from
2023 to 2030. Growth in this market is primarily driven by increasing construction
activities, growing repair and maintenance of building exteriors, and a rise in the
hospitality industry.
Browse 119 figures / charts and 113 tables in this 306 -page report to understand
trends, opportunities and forecast in Canadian siding market by material (fiber
cement, vinyl, metal, stucco, concrete and stone, brick, wood, and other materials),
end use (residential and non-residential (healthcare, education, hospitality, retail,
office, and others)), application (new construction and repair and maintenance), and
territory (Quebec, British Columbia, Alberta, Ontario, and others).
Lucintel forecasts that the vinyl will remain the largest material type over the forecast
period due low material and maintenance cost and availability of wide variety of
colors.
Within the Canadian siding market, residential will remain the largest as well as
fastest end use market during the forecast period due to increasing adoption of
energy efficient homes.
Download sample by clicking on Canadian siding market
Ontario is expected to remain the largest market and witness the highest growth over
the forecast period, due to growth in the building and construction industry.
Cornerstone Building Brands, James Hardie, CertainTeed, Louisiana Pacific
Corporation, Royal Building Products are the major suppliers in the Canadian siding
providers.
This unique research report will enable you to make confident business decisions in
this globally competitive marketplace. For a detailed table of contents, contact
Lucintel at +1-972-636-5056 or write us at helpdesk@lucintel.com
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and
robust market & unmet needs analysis. We are based in Dallas, TX and have been a
trusted advisor for 1,000+ clients for over 20 years. We are quoted in several
publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1 972.636.5056
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