Siding Market Size & Share 2025 – 2034

Siding Market Size

The global siding market was estimated at USD 125.8 billion in 2024. The market is expected to grow from USD 130.7 billion in 2025 to USD 203.9 billion in 2034, at a CAGR of 5.1%. The market is driven by surging residential and non-residential construction activities, increasing renovation and remodeling across the globe along with infrastructure investment.

Global urbanization led to significant increases in commercial and residential activities. These construction activities stimulate demand for siding material for protecting buildings and increase energy efficiency. According to the FMI Corporation, a capital market company, total U.S. engineering and construction spending is projected to 5% in 2024, a slightly reduced rate compared to 2023 where 7%. Growth in 2024 will continue to be robust in all nonresidential categories, with nonbuilding structures leading the way. Single-family residential, the largest category in the industry, will stabilize from the huge 14% decline in 2023 and experience increased investment in 2025. In the GCC, KSA and UAE will see construction volume expand by 4.4% and 4.2% respectively with the assistance of high domestic as well as external investment in the non-oil sector, from transport and wind energy to construction.
 

In addition, growing home renovation and remodeling trends across the globe, especially in North America and Europe, is increasing demand for siding. Homeowners are looking for durable, low maintenance and attractive materials. California dominated the residential remodeling market with a market share of 13.8%, driven by increasing building and property rates. The fast-growing GDP, busy construction sector, and the high per capita income propelled such demand. The same has taken place in Texas as well because of the prohibitive cost of constructing new properties and the lengthy construction time frame of 9-12 months. Ontario has the biggest home renovation market in Canada. It accounts for over a third of home renovation market in Canada. According to the Pembina Institute, Canadian building and homeowners spent $80.1 billion in renovation in 2019.
 

Siding Market Trends

• Homeowners and builders are increasingly choosing siding products that are sustainable, recyclable, and energy efficient. Those made of recycled content such as composite siding and those which save energy such as insulated vinyl or fibre cement are gaining popularity.
• The demand for energy efficient siding products is growing at fastest rate. Energy efficient siding help building to keep indoor temperature stable and minimize requirement for heating and cooling, as a result it directly lower the energy consumption related to buildings.
   
• The adoption of advancement in technology in siding materials, such as sensor used to monitor structural health and enhance insulation, is becoming more common. Such advancement also contributed to energy saving and maintenance over extent period.
   
• Canadian siding companies such as Maibec and Westlake Royal Building Products are investing in creating sustainable and long-lasting surface solutions. They are not just committed to adding energy efficient siding products, such as recycled and recyclable content, to their siding products, but also seeking and adopting sustainable production practices.
   
• Moreover, German siding manufacturers Eternit GmbH and Trespa and Gentek Building Products, also introduced a new range of energy-efficient insulated siding.
   

Siding Market Analysis

The siding industry by type is segmented into horizontal siding, vertical siding, shake and shingle siding, board and batten siding and others. In 2024, the horizontal siding segment dominate the market, generating revenue of USD 55.1 billion and vertical siding segment is expected to grow at CAGR of around 5.1% during the forecast period 2025 to 2034.
 

• In horizontal siding manufacturers are exploring options for interactive designs, energy monitoring, built-in sensors, and insulation efficiency. The goal of integrating horizontal siding and home automation systems is to enable homeowners and commercial building owners to be able to monitor and control certain features such as security, temperature, and lighting from a centralized location. Using remote access, schedules, and sensors, homeowners and commercial building owners can have more control over the structure.
   
• As extreme weather events become more common across the globe, businesses are also catering to the consumer's need for low-maintenance siding materials that offer durability and longevity and are capable of withstanding multiple weather conditions.
   
• Homeowners are concerned with protecting their homes and personal property, while also reducing the costs of long-term upkeep, and manufacturing companies are working to meet that demand as a way to capture a greater market share.
   

According to the material type, the market is segmented into vinyl siding, fiber cement siding, wood siding, metal siding and others. Vinyl siding made up 54% of the market in 2024, due to low maintenance, durability and energy efficiency.
 

• The vinyl siding market is expected to grow in market share during the forecasted period. Architects are finding innovative ways to use vinyl siding in home design, which will increase its popularity.
   
• Vinyl siding is considered eco-friendly due to insulated siding that improves a home’s efficiency and does not require periodic painting or staining. Vinyl is one of the most popular side materials for new construction. Additionally, vinyl is also popular as a home remodeling project because it offers an excellent return on investment.
   
• Moreover, wood look fiber cement siding is becoming standout choice, and quickly gaining popularity owing to its stylish and durable alternative to traditional wood siding, with homeowners and builders opting for wood grain fiber cement to achieve the natural look of wood without installing the real wood.
   
• Ply Gem has introduced the Mastic EverPlank luxury vinyl siding collection to its portfolio of innovative siding solutions. Mastic EverPlank is the newest category of plank siding that combines a true-to-wood look with the trusted performance and durability of vinyl.
   

According to the application, the siding market is segmented into new construction and repair and maintenance. New construction segment is expected to grow at CAGR of around 5.2% during the forecast period 2025 to 2034.
 

• Builders and architectural are using insulated siding in new construction for energy efficiency residential and non-residential buildings. Siding helps to lower heating and cooling expenses through enhanced thermal insulation.
   
• New construction in residential and non-residential properties are incorporating a variety of material, including wood-like finishes, innovative color option and personalized texture. The trend is special common in residential structures where homeowners seek advanced, personized texture.
   

With about 76% of the North American siding market share and estimated USD 28.5 billion in revenue, the United States led the siding industry in 2024. The expansion of the U.S. market is primarily driven by rising construction activities, increasing homeownership, infrastructure investment and increasing renovation and remodeling.
 

• The continued increase in the housing industry, especially in rural and suburban regions, is one of the significant factors driving siding demand. With growth in new home construction and the remodeling of homes, demand for good siding materials is likely to increase.
   
• Yodlee figures indicate home renovation expenditure surged in COVID and then leveled off over 2021 due to the increased base in 2020. A recent Forbes news article suggest that home renovation expenditure will continue to drop from $486 billion to $457 billion by 2024. The chief drivers of the decline are high and escalating interest rates, diminishing growth in appreciation in home values and falling home sales.  
   
• American homeowners collectively spent around $827 billion on home remodeling work over the two-year period to 2023, up over $200 billion from the last two-year period, the most recent American Housing Survey from the U.S. Census Bureau. The boost does not just represent more expensive materials and labor, but more projects as well as the number of projects increased by 4% over the period.
   

Europe: Significant public spending on infrastructure projects, particularly in commercial sectors along with the residential construction sector, is the primary factor driving market growth. Berlin will provide USD 10 billion (18 billion euros) to provide until 2027 cheap housing, with the remaining funds to be supplied by municipal and state governments. The government will also encourage the reuse of vacant offices and stores into flats with USD 502 million within the next two years which can be utilized to construct 235,000 new apartments.
 

Siding Market Share

• The top five companies in Allura, Georgia-Pacific, LP Building Solutions, Westlake Royal, Saint-Gobain they collectively hold a share of 10%-15% in the market.
   
• These companies continue to acquire and merge with others, expand facilities, and make various collaborations to increase their product offerings, access customer bases, and secure their market positions.
   
• BlueLinx and Allura have extended their distribution partnership. Allura's branded Spectrum Prefinished Siding, Trim, and Accessories, including Allura's primed products in Panels, Trim, Soffit, Shake, and Backerboard, are part of the extension. BlueLinx Midwest markets covered under the expanded collaboration are St. Louis, Springfield, Kansas City, Little Rock, Tulsa, and Oklahoma City.
   
• Alside Parent Company, Associated Materials, a manufacturer of building products that is universally recognized for its brands of windows and siding, reported that it is making a commitment to $100 million of investments in digital technologies as part of a long-term growth and transformation plan. The investments are going to be used to upgrade and expand capacity in all Associated Materials' key product categories, including composite cladding and metal building products, vinyl windows and doors, and vinyl siding and accessories.
   

Siding Market Companies

Major players operating in the siding industry are:

• Allura
• Alside
• Boral
• Eldorado Stone
• Gentek 
• Georgia-Pacific
• James Hardie Industries
• LP Building Solutions
• Nichiha
• Novik
• Ply Gem Industries
• Saint-Gobain
• Swisspearl Group
• Versetta Stone
• Westlake Royal       
   

To improve the services and market share key players are constantly investing in technological activities and are also entering into partnerships to provide improved and better solutions for the customers. These investments are benefiting both companies and customers as they help develop and offer solutions as per the changing technological trends and thus the customer requirements.
 

In September 2023, Saint-Gobain North America, via its building products subsidiary CertainTeed Siding, announced a $28 million expansion initiative at its Williamsport, Maryland facility. The initiative, as well as others implemented by CertainTeed at the facility, will enable the company to enhance manufacturing and shipping capabilities and greatly expand warehouse space in an effort to increase the supply of their entire siding line within the Mid-Atlantic Region in alignment with customer demands.
 

In July 2022, Saint-Gobain completed the acquisition of Kaycan, a Canadian and U.S. producer and distributor of exterior building products. The acquisition reinforces Saint-Gobain's worldwide leadership in light and sustainable construction by positioning it as the market leader in siding in Canada and strengthening its vinyl offer in the United States with complementary solutions in aluminum and engineered wood.
 

Siding Industry News

• In February 2025, James Hardie Industries released the TimberHue line, a new high-end siding product combining the look of natural wood with fiber cement durability. The TimberHue line uses ColorPlus Technology finishes that give the two-tone look of wood and will be applied on Hardie Plank, Panel, Soffit, and Trim Batten products. The siding is designed to resist harsh weather, moisture, humidity, pests, and external fire.
   
• In February 2025, Westlake Royal Building Products has launched a next-generation Board & Batten profile for its Royal and Exterior Portfolio lines of vinyl siding. Eclipse for Royal and Almost Midnight for Exterior Portfolio to address the growing trend for dark exterior colors that provide a contemporary, attention-grabbing look.
   
• In February 2024, LP Building Solutions (LP) announce the availability of its newest siding solution, LP SmartSide Nickel Gap Siding. Nickel Gap Siding will come in a brushed smooth and cedar texture in 16 prefinished LP SmartSide ExpertFinish colors and a primed LP SmartSide cedar texture. Nickel Gap Siding features an exclusive tongue and groove joinery that yields a flush surface, enabling the fastener to be hidden by the installer and resulting in a clean, modern design look.  
   

This siding market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Billion) and volume (Units) from 2021 to 2034, for the following segments:

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Market, By Type

• Horizontal siding
• Vertical siding
• Shake and shingle siding
• Board and batten siding
• Others (lap siding etc.)    

Market, By Material Type

• Vinyl siding
• Fiber cement siding
• Wood siding
• Metal siding
• Others (engineered wood siding etc.)      

Market, By Application

• New construction
• Repair and maintenance    

Market, By End Use

• Residential
• Nonresidential
  • Healthcare
  • Educational institutional
  • Retail
  • Office
  • Others (hospitality etc.)     

Market, By Distribution Channel

• Direct sales
• Indirect sales    

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia 
• Latin America
  • Brazil
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa