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Report Overview

The Philippines roofing market reached nearly USD 224.17 Million in 2024. The market is projected to grow at a CAGR of 6.10% between 2025 and 2034 to attain around USD 405.26 Million by 2034.

2024

Base Year

2018-2024

Historical Year

2025-2034

Forecast Year

  • Green roofs enable residential spaces to harvest 80% of the rainwater for domestic consumption.

  • A green roof spread over an area of one metre square can reduce 5 kg of carbon emissions.

  • The Philippines’ economy registered a growth of 5.6% during 2023, which led to a surge in demand for residential housing.

Compound Annual Growth Rate

Value in USD Million

6.1%

2025-2034


Philippines Roofing Market Outlook

*this image is indicative*

Philippines Roofing Market Report Summary Description Value
Base Year USD Million 2024
Historical Period USD Million 2018-2024
Forecast Period USD Million 2025-2034
Market Size 2024 USD Million 224.17
Market Size 2034 USD Million 405.26
CAGR 2018-2024 Percentage XX%
CAGR 2025-2034 Percentage 6.10%
CAGR 2025-2034 - Market by Type Tiles 7.0%
CAGR 2025-2034 - Market by End Use Residential 7.0%
2024 Market Share by Type Green Roofs 9.1%

Philippines Roofing Market Growth

In Q1 2024, the construction of residential spaces in the Philippines reached a value of PhP 773.2 million, which constituted over 52% of the overall value of all new construction projects. The rising need for energy-efficient housing has led to a surge in demand for green roofing systems in the Philippines, where repair and alteration projects worth PhP 16.3 million were completed in Q1 2024.

The World Intellectual Property Organisation ranked the Philippines at the 51 position out of 132 countries in the Global Innovation Index. Over the forecast period, 3D printers are expected to become increasingly commonplace for printing roofs for buildings, due to a six-fold reduction in their cost (now just over PhP 2.5 million) from the last decade.

Though traditional asphalt shingles are an attractive and cost-effective solution for establishing any roofing system, they are extremely vulnerable to the impacts of mildew, weather, and other external environmental agents. This has led to the development of thermoplastic-based self-cleaning shingles, which self-heal their scratches by forming new bonds with different polymers upon cooling. Moreover, new waterproof coating technologies have contributed to the durability of roofing systems by preventing the buildup of mildew and moisture damage. This is expected to contribute to the market growth in the coming years.

Cool roofs, which are created from metals and light-coloured shingles, have a high rate of solar reflectance and provide efficient indoor cooling, which lowers electricity consumption. They can also be manufactured through the addition of solar reflective coatings.

Smart roofs integrated with advanced IoT sensors to check dangerous snow loads, leaks, blocked roof drains, and other hazardous issues are expected to enhance the occupational safety of buildings.

Philippines Roofing Industry Segmentation

Philippines Roofing Market Report and Forecast 2025-2034 offers a detailed analysis of the market based on the following segments:

Market Breakup by Type

  • Asphalt Shingles
  • Metal
  • Tiles
  • Wood Shingles
  • Green Roofs
  • Others

Market Breakup by Application

  • Residential
  • Commercial

CAGR 2025-2034 - Market by Type
Tiles 7.0%
Metal 6.5%
Asphalt Shingles 6.3%
Wood Shingles XX%
Green Roofs XX%
Others XX%
CAGR 2025-2034 - Market by End Use
Residential 7.0%
Commercial XX%

Philippines Roofing Market Share

Based on end use, the market is segmented into residential and commercial. Over the forecast period, the residential sector is expected to grow at a CAGR of 7.0% during 2025-2034 as rapid population growth expedites the construction of housing buildings.

2023 Market Share by Type
Green Roofs 9.1%
Metal XX%
Wood Shingles XX%
Tiles XX%
Asphalt Shingles XX%
Others XX%

Leading Companies in the Philippines Roofing Market

Major construction companies are engaged in developing robotic shingle installers to enhance the overall safety, accuracy, and efficiency of roofing systems in the Philippines. Autonomous roofing drones that utilise nail guns to install shingles are expected to become increasingly popular over the forecast period.

  • DN Group of Companies
  • Puyat Steel Corporation
  • Philmetal Products, Inc.
  • Union Galvasteel Corporation
  • Metalink Manufacturing Corp.
  • Colorsteel Systems Corporation
  • Others

Philippines Roofing Market Report Snapshots

Philippines Roofing Market Size

Philippines Roofing Market Growth

Philippines Roofing Market Share

Philippines Roofing Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*

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Key Questions Answered in the Report

The market reached nearly USD 224.17 Million in 2024.

The market is projected to grow at a CAGR of 6.10% between 2025 and 2034.

The market is assessed to witness healthy growth in the forecast period to reach around USD 405.26 Million in 2034.

The different types of roofing in the market are asphalt shingles, metal, tiles, wood shingles, and green roofs, among others.

The different applications of roofing include residential and commercial.

The key market players are DN Group of Companies, Puyat Steel Corporation, Philmetal Products, Inc., Union Galvasteel Corporation, Metalink Manufacturing Corp., and Colorsteel Systems Corporation, among others.

Report Summary

Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.

Key Highlights of the Report

Please note that the figures mentioned in the description serve as estimates and may vary from the actual figures presented in the final report.

REPORT FEATURES DETAILS
Base Year 2024
Historical Period 2018-2024
Forecast Period 2025-2034
Scope of the Report

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

  • Type
  • Application
Breakup by Type
  • Asphalt Shingles
  • Metal
  • Tiles
  • Wood Shingles
  • Green Roofs
  • Others
Breakup by Application
  • Residential
  • Commercial
Market Dynamics
  • SWOT Analysis
  • Porter's Five Forces Analysis
  • Key Indicators for Demand
  • Key Indicators for Price
Competitive Landscape
  • Market Structure
  • Company Profiles
    • Company Overview
    • Product Portfolio
    • Demographic Reach and Achievements
    • Certifications
Companies Covered
  • DN Group of Companies
  • Puyat Steel Corporation
  • Philmetal Products, Inc.
  • Union Galvasteel Corporation
  • Metalink Manufacturing Corp.
  • Colorsteel Systems Corporation
  • Others

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