Global Siding Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Material;

Vinyl, Fiber Cement, Wood, and Others.

By Type;

Vertical Board Siding, Horizontal Lap Siding, Clapboard, Shingles, and Others.

By Application;

New Construction and Repair & Maintenance.

By End-Use Industry;

Residential and Non-Residential.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn860955093 Published Date: May, 2025 Updated Date: June, 2025

Siding Mark Overview

Siding Market (USD Million)

Siding Market was valued at USD 124,275.02 million in the year 2024. The size of this market is expected to increase to USD 165,751.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.2%.


Global Siding Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 4.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.2 %
Market Size (2024)USD 124,275.02 Million
Market Size (2031)USD 165,751.65 Million
Market ConcentrationHigh
Report Pages370
124,275.02
2024
165,751.65
2031

Major Players

  • Saint-Gobain
  • Westlake Chemical Corporation
  • Louisiana Pacific Corporation
  • Etex Group
  • Boral
  • Georgia-Pacific
  • James Hardie Industries Plc
  • Kingspan Group
  • NICHIHA Co.,Ltd
  • Cornerstone Building Brands
  • SHERA
  • Mapei S.p.A
  • MUHU (China)Construction Materials Co., Ltd.
  • Holcim
  • Döcke Extrusion LLC

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Siding Market

Fragmented - Highly competitive market without dominant players


The siding market continues to expand due to surging interest in building exteriors that combine aesthetics, durability, and thermal performance. More than 58% of new constructions are now incorporating upgraded siding materials, reflecting an industry-wide shift toward functionality and design. Meanwhile, synthetic and engineered materials have seen an uptick of over 42%, signaling growing trust in innovative exterior cladding solutions.

Technological Advancements
Modern siding production is being reshaped by sustainable innovations and material engineering. Nearly 35% of newly launched siding materials offer features like UV shielding, moisture resistance, and insulation. These attributes not only improve energy efficiency but also extend the product lifecycle. As interest grows in green construction solutions, these innovations are becoming integral to market growth.

Influence of Regulatory Standards
Government and environmental guidelines are influencing the design and adoption of siding materials. Around 39% of siding products now meet high-performance standards such as fire safety and eco-certifications. These regulations are pushing the market toward the use of recyclable materials and environmentally friendly additives, which are also becoming key differentiators.

Future Adoption Landscape
Digital transformation is playing an increasing role in the siding industry. Over 33% of companies are implementing AI-driven visualization tools to improve customer engagement and streamline installation decisions. The rising popularity of modular and prefabricated construction, contributing more than 29% to overall siding deployments, reflects a new phase of growth focused on efficiency and adaptability.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Material
    2. Market Snapshot, By Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By End-Use Industry
    5. Market Snapshot, By Region
  4. Siding Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing construction activity
        2. Urbanization and infrastructure growth
        3. Demand for energy-efficient materials
        4. Consumer preference for low-maintenance options
        5. Modern architectural trends
      2. Restraints
        1. Regulatory standards
        2. Supply chain disruptions
        3. Skilled labor shortage
        4. Weather durability challenges
        5. Long replacement cycles
      3. Opportunities
        1. Sustainable material innovations
        2. Climate-specific solutions
        3. Collaboration with architects
        4. Smart technology integration
        5. Modular construction adoption
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Siding Market, By Material, 2021 - 2031 (USD Million)
      1. Vinyl
      2. Fiber Cement
      3. Wood
      4. Others
    2. Siding Market, By Type, 2021 - 2031 (USD Million)

      1. Vertical Board Siding

      2. Horizontal Lap Siding

      3. Clapboard

      4. Shingles

      5. Others

    3. Siding Market, By Application, 2021 - 2031 (USD Million)

      1. New Construction

      2. Repair & Maintenance

    4. Siding Market, By End-Use Industry, 2021 - 2031 (USD Million)
      1. Residential
      2. Non-Residential
    5. Siding Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Saint-Gobain (France)
      2. Westlake Chemical Corporation (U.S.)
      3. Louisiana Pacific Corporation (U.S.)
      4. Etex Group (Belgium)
      5. Boral (Australia)
      6. Georgia-Pacific (U.S.)
      7. James Hardie Industries Plc (Ireland)
      8. Kingspan Group (Ireland)
      9. NICHIHA Co.,Ltd (Japan)
      10. Cornerstone Building Brands (U.S.)
      11. SHERA (Thailand)
      12. Mapei S.p.A (Italy)
      13. MUHU (China)Construction Materials Co., Ltd. (China)
      14. Holcim (Switzerland)
      15. Döcke Extrusion LLC (Russia)
  7. Analyst Views
  8. Future Outlook of the Market