Siding Market: By Product Type, By Material Type, By Application and Geography
Siding Market: By Product Type, By Material Type, By Application and Geography
Siding Market size was valued at US$ 112.5 billion in 2022 which is expected to grow at a CAGR of 4.3% over 2023-2029. Siding is the protecting material that is applied to the exterior wall to defend the building from rain sun and wind. It is used to stop heat loss and uphold the temperature inside the building. Various types of siding are available in the market such as vertical board siding, shingles, horizontal lap siding, and clapboard. Siding enhances the architectural beauty of the buildings. In big buildings, it is called a cladding material on the exterior wall which is used for weatherproofing and decoration. These siding materials are used extensively in residential buildings and small apartments. The rise in residential buildings across the world and the usage of siding in the exterior walls of these houses can lead to the siding market growth.
Moreover, the growing development in infrastructure in numerous countries, the rise in the population, and the surge in the demand for building commercial and residential houses are some primary factors that can boost the global siding market size. Apart from these, the growing tendency to use siding material to enhance the beauty of buildings can also accelerate the market in the future. However, some factors such as a lack of awareness about sliding materials can restrain the growth of the market. The need for high-quality construction materials in numerous nonresidential and residential buildings such as offices, residential, commercial buildings, and institutions can create an opportunity for the global siding market growth. Moreover, the growing acceptance of fiber optics cement siding and the growing use of sidings with better insulation to decrease energy consumption through heaters and air conditioners is an emerging trend in the market.
Study Period
2024-2030Base Year
2023CAGR
4.3%Largest Market
Asia-PacificFastest Growing Market
Asia-Pacific
One of the major reasons for the global siding market growth is the rising infrastructural development around the world. A flourishing construction industry across the globe is the chief driver of growth in the siding market A rise in demand for the residential area particularly in some of the developed countries on the earth can be attributed to a growth in the global building market. Moreover, the increase in disposable income of the people in developing and low-income countries is expected to propel the growth of the market in the forecast period.
The Asia Pacific is one of the most profitable regions for the global sliding market growth and is generating new prospects for global players. Fast urbanization and development of the construction sector have the potential to increase the demand for siding in these regions. Apart from this, the inauguration of schemes concerning sustainable development has created a demand for the use of siding. China and India can witness the highest growth in this region in the forecasted period.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2022 |
US$ 112.5 billion |
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Market CAGR |
4.3% |
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By Product Type |
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By Material Type |
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By Application |
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By Region |
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The siding market is projected to expand at a CAGR of 4.3% during the forecast period
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, Docke Extrusion Co. Ltd.
Asia-Pacific is the fastest-growing region for siding market
| 1. Executive Summary |
| 2. Global Siding Market Introduction |
| 2.1. Global Siding Market Taxonomy |
| 2.2. Global Siding Market Definitions |
| 2.2.1. By Product Type |
| 2.2.2. By Material Type |
| 2.2.3. By Application |
| 2.2.4. By Region |
| 3. Global Siding Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Siding Market Dynamic Factors - Impact Analysis |
| 3.6. Global Siding Market – Competition Landscape |
| 4. Global Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Siding Market, By Material Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Vinyl |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Fiber |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Wood |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Stone |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Others |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 6. Global Siding Market, By Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1. Vertical board siding |
| 6.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Horizontal lap siding |
| 6.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Clapboard |
| 6.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Shingles |
| 6.4.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Others |
| 6.5.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 7. Global Siding Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. Residential |
| 7.1.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Commercial |
| 7.2.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Others |
| 7.3.1. Market Analysis, 2017-2021 and Forecast, 2022-2028 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 8. Global Siding Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia-Pacific |
| 8.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Latin America |
| 8.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Middle East and Africa |
| 8.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 8.6. Global Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Region, 2023 - 2029 |
| 9. North America Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Vinyl |
| 9.1.2. Fiber |
| 9.1.3. Wood |
| 9.1.4. Stone |
| 9.1.5. Others |
| 9.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1. Vertical board siding |
| 9.2.2. Horizontal lap siding |
| 9.2.3. Clapboard |
| 9.2.4. Shingles |
| 9.2.5. Others |
| 9.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1. Residential |
| 9.3.2. Commercial |
| 9.3.3. Others |
| 9.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.4.1. USA |
| 9.4.2. Canada |
| 9.5. North America Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2023 - 2029 |
| 9.6. North America Siding Market Dynamics – Trends |
| 10. Europe Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Vinyl |
| 10.1.2. Fiber |
| 10.1.3. Wood |
| 10.1.4. Stone |
| 10.1.5. Others |
| 10.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1. Vertical board siding |
| 10.2.2. Horizontal lap siding |
| 10.2.3. Clapboard |
| 10.2.4. Shingles |
| 10.2.5. Others |
| 10.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1. Residential |
| 10.3.2. Commercial |
| 10.3.3. Others |
| 10.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.4.1. Germany |
| 10.4.2. UK |
| 10.4.3. France |
| 10.4.4. Spain |
| 10.4.5. Italy |
| 10.4.6. Russia |
| 10.4.7. Rest of Europe |
| 10.5. Europe Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2023 - 2029 |
| 10.6. Europe Siding Market Dynamics – Trends |
| 11. Asia-Pacific Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Vinyl |
| 11.1.2. Fiber |
| 11.1.3. Wood |
| 11.1.4. Stone |
| 11.1.5. Others |
| 11.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1. Vertical board siding |
| 11.2.2. Horizontal lap siding |
| 11.2.3. Clapboard |
| 11.2.4. Shingles |
| 11.2.5. Others |
| 11.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1. Residential |
| 11.3.2. Commercial |
| 11.3.3. Others |
| 11.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.4.1. China |
| 11.4.2. India |
| 11.4.3. Japan |
| 11.4.4. ASEAN |
| 11.4.5. Australia & New Zealand |
| 11.4.6. Rest of Asia-Pacific |
| 11.5. Asia-Pacific Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2023 - 2029 |
| 11.6. Asia-Pacific Siding Market Dynamics – Trends |
| 12. Latin America Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Vinyl |
| 12.1.2. Fiber |
| 12.1.3. Wood |
| 12.1.4. Stone |
| 12.1.5. Others |
| 12.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1. Vertical board siding |
| 12.2.2. Horizontal lap siding |
| 12.2.3. Clapboard |
| 12.2.4. Shingles |
| 12.2.5. Others |
| 12.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1. Residential |
| 12.3.2. Commercial |
| 12.3.3. Others |
| 12.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.4.1. Brazil |
| 12.4.2. Mexico |
| 12.4.3. Argentina |
| 12.4.4. Rest of Latin America |
| 12.5. Latin America Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2023 - 2029 |
| 12.6. Latin America Siding Market Dynamics – Trends |
| 13. Middle East and Africa Siding Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 13.1. Material Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1. Vinyl |
| 13.1.2. Fiber |
| 13.1.3. Wood |
| 13.1.4. Stone |
| 13.1.5. Others |
| 13.2. Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1. Vertical board siding |
| 13.2.2. Horizontal lap siding |
| 13.2.3. Clapboard |
| 13.2.4. Shingles |
| 13.2.5. Others |
| 13.3. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1. Residential |
| 13.3.2. Commercial |
| 13.3.3. Others |
| 13.4. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 13.4.1. Gulf Cooperation Council (GCC) Countries |
| 13.4.2. Israel |
| 13.4.3. South Africa |
| 13.4.4. Rest of MEA |
| 13.5. MEA Siding Market - Opportunity Analysis Index, By Material Type, By Type, By Application, and Country, 2023 - 2029 |
| 13.6. MEA Siding Market Dynamics – Trends |
| 14. Competition Landscape |
| 14.1. Strategic Dashboard of Top Market Players |
| 14.2. Company Profiles (Introduction, Financial Analysis, Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 14.2.1. Compagnie de Saint-Gobain S.A |
| 14.2.2. Westlake Chemical |
| 14.2.3. Louisiana Pacific Corporation |
| 14.2.4. Etex Group |
| 14.2.5. Boral Limited |
| 14.2.6. James Hardie Industries PLC |
| 14.2.7. Nichiha Corporation |
| 14.2.8. Cornerstone Building Brands |
| 14.2.9. SHERA |
| 14.2.10. Docke Extrusion Co. Ltd. |
| 15. Research Methodology |
| 16. Key Assumptions and Acronyms |
Key Market Players
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