Siding Market: By Product Type (Vertical Board Siding, Horizontal Lap Siding, Clapboard, Shingles, and Others), By Material Type (Vinyl, Fiber, Wood, Stone, and Others), By Application (Residential, Commercial, and Others) and Geography  

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Siding Market size was valued at USD 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.

The Siding Market Key Developments:
  • In January 2022, Crabtree Siding and Supply were acquired by Beacon to expand its business.
  • In February 2022, TruExterior 5/8" Lap Siding was launched by Westlake Royal Building Products.

Siding Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

4.3%

Largest Market

Asia-Pacific

Fastest Growing Market

Asia-Pacific
Siding Market Dynamics

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.

Key Features of the Reports

  • The siding market report provides granular level information about the market size, regional market share, historic market (2018-2022), and forecast (2023-2029)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

Siding Market Segmentation

By Product Type
  • Vertical Board Siding
  • Horizontal Lap Siding
  • Clapboard
  • Shingles
  • Others
By Material Type
  • Vinyl
  • Fiber
  • Wood
  • Stone
  • Others
By Application
  • Residential
  • Commercial
  • Others
By Geography
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • MEA

Frequently Asked Questions

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

 

  • 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.

Adjacent Markets