December 1, 2011

Roofing Demand Forecast to Rise 5.7% Annually Through 2015

The Freedonia Group expects a turnaround from the 6.1% annual drop in sales between 2005 and 2010.

Demand nationwide for roofing will rise an average of 5.7% per year between 2010 and 2015 to reach 263 million squares worth $24.4 billion, the Freedonia Group forecast today. That's a turnaround from the previous five-year period, in which demand shrank 6.1% per year, going from 274.2 million squares in 2005 to 199.7 million squares in 2010, the Cleveland-based market research group said.

Click here for the full article by Craig Webb on Builder.