This report was recently updated on April 19 2024 with the latest and most recent
market numbers
Global Rain Gutter Market Size, Trends & Analysis with Covid-19 Impact - Forecasts To 2026 By Material Type (Fiberglass, Aluminum, Steel, Vinyl, Others), By Application (Residential, Commercial), By Type (K-Style Gutters, Half-Round Gutters, Seamless Gutters, Others), By Region (North America, Europe, Asia Pacific, MEA, CSA); End User Landscape, Vendor Landscape, and Company Market Share Analysis & Competitor Analysis
Rain Gutter Market: Insights
The global rain gutter market is estimated to witness a significant CAGR during the forecast period (2020-2026). Rain Gutters prevent water from entering the building's fabric by directing the rainwater away from the walls and their foundations from outside. The growing damages due to hurricanes and growing construction activities are some of the major factors driving the market growth. Moreover, the growing reroofing across developing nations is one of the significant factors is likely to propel the market growth during the forecast period. In addition, the growing innovation in material & designing and the growing need for rain gutter harvesting are expected to propel the market growth. However, the fluctuation in prices of raw materials and lack of skilled workers are some of the factors hampering the market growth.
Rain Gutter Market Size: By Application
Based on the application, the global rain gutter market is segmented into residential, and commercial. The residential segment is expected to grow at a high CAGR during the forecast period. The growing residential construction works along with growing infrastructure projects are some of the factors driving the market growth. Moreover, renovation in the residential sector is driving the demand for rain gutters.
Rain Gutter Market Size: By Material Type
Based on the material type, the global rain gutter market is segmented into fiberglass, steel, vinyl, and aluminum, among others. The aluminum segment is expected to hold the largest market share during the forecast period. Aluminum products are easy to install, lightweight, and low cost compared to other material type. The steel segment is expected to hold significant market share during the forecast period. The high production of steel and presence of many number manufacturers across the globe is driving the market growth for steel segment.
Rain Gutter Market Size: By Type
Based on type, the global rain gutter market is segmented into k-style gutters, half-round gutters, and seamless gutters, among others. The seamless gutters segment is expected to hold the largest market share during the forecast period. Seamless gutters have the advantage of being manufactured on site with a portable roll forming process to achieve the structural requirements and are normally built by professional traders. These are some of the major factors driving the market growth for seamless gutters segment.
Rain Gutter Market Size: By Region
Based on the region, the global rain gutter market is segmented into North America, Europe, Asia Pacific, Central & South America, and the Middle East & Africa. The Asia-Pacific region is expected to grow at a high CAGR during the forecast period. The rising government investments and growing rainwater harvesting projects are some of the factors driving the market growth. Moreover, a climatic change increases the demand for rain gutters in China, South Korea, and India among other countries in Asia Pacific region are propelling the market growth. Furthermore, Europe region is expected to hold the largest market share during the forecast period due to the growth in the construction industry and increased demand from the foreign buyers are some of the factors expected to drive the market.
Rain Gutter Market: Share & Competitor Analysis
Some of the key players operating in the rain gutter market include: Omnimax International Inc., Guttercrest Inc., Rheinzink Gmbh & Co Kg, Spectra Metal Inc., Lindab Group, The Alumasc Group Plc First Corporation S.R.L, Precision Gutters Ltd., Cornerstone Building Brands, Almesco Ltd, Senox Corporation, Gibraltar Industries Inc., Guangzhou Nuoran Building Material Co Ltd., City Sheet Metal Co. Ltd., Alu-Rex Inc., Royal Building Products, Hebei Hollyland Co., Ltd., Kmew Co. Ltd., Braas Monier Building Group/Bmi Group, and Englert Inc. (Leafguard's), among others.
Please note: This is not an exhaustive list of companies profiled in the report.
Check the Press Release on Global Rain Gutter Market Report
Rain Gutter Market: By Material Type
Rain Gutter Market: By Application
Rain Gutter Market: By Type
Rain Gutter Market: By Region
The global Rain Gutter Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.
The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Rain Gutter Market.
The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.
Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.
This FREE sample includes market data points, ranging from trend analyses to market estimates & forecasts. See for yourself.
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