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The gutter guards market is estimated to grow by USD 298.88 million at a CAGR of 2.5% between 2022 and 2027. The market experiences growth driven by increased investment in residential and commercial infrastructure, expanding manufacturing and distribution facilities, and rising demand from developing nations. As infrastructure projects expand globally, the need for gutter guards rises to protect buildings from water damage. Moreover, the establishment of more manufacturing and distribution centers enhances market accessibility, meeting growing demand effectively.
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This market growth analysis report provides a detailed analysis of the market by Material (Aluminum, Steel, Plastic, and Others ), End-user (Residential and Commercial ), and Geography (North America, APAC, Europe, South America, and Middle East and Africa).
The market share growth by the aluminum segment will be significant during the forecast period. Although different materials are used to make gutter guards, aluminum is the most common and durable one.
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The aluminum segment was valued at USD 1.10 billion in 2017 and continued to grow until 2021. Aluminum gutter guards are frequently the best in terms of performance and quality. The best gutter guards in the business are often made by combining aluminum gutter guards with a certain type of stainless-steel mesh. These are far more robust and long-lasting than those made of plastic. Furthermore, they can also withstand extreme weather conditions and temperature variations without warping, bending, or breaking. Such factors are expected to increase the segment demand which will propel the growth of the global gutter guards market during the forecast period.
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APAC is estimated to contribute 41% to the growth of the global market during the forecast period. Another region offering significant growth opportunities to Companies is North America. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
Rising residential construction is the significant growth driver of the market in North America. Being one of the most developed regions of the world, many industries in North America have growth prospects. The growing hotel industry in the US has increased the demand for the construction of new hotels. The growth of the market in North America is also owing to the increasing number of new premium hotels in the region. Premium-classed hotels require exclusive quality, and hence they prefer aluminum gutter guards. Therefore, such factors will drive the demand for faucets in the region during the forecast period.
The market experiences steady growth driven by factors like population growth and increased construction activity. Homeowners and contractors in regions like the West and South prioritize environmentally friendly solutions like rainwater harvesting, leading to higher demand for gutter guards. With rising water consumption concerns, homeowners seek self-sufficient solutions, including steel mesh gutter guards. Despite occasional economic recessions, sales growth remains robust, especially in regions prone to extreme weather like hurricanes and hail. Gutter suppliers offer competitive prices and innovative products, catering to both residential improvement and newly built homes, driving replacement sales and expanding the consumer base.
The increased investment in residential and commercial infrastructure is notably driving the market growth, although factors such as the threat of substitutes may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The surge in investments in both residential and commercial infrastructure is a significant catalyst for market expansion. Increased global focus on infrastructure development has spurred construction demand worldwide. Notably, governments are heavily investing in sports infrastructure projects, exemplified by Qatar's preparations for the 2022 FIFA World Cup, prompting substantial construction activity in the Middle East. Moreover, the healthcare sector has witnessed substantial investment influx, further propelling market growth. For instance, the US government's commitment to inject an additional USD 621 billion into transportation infrastructure highlights a broader trend towards modernization and improvement across various sectors, fostering market expansion prospects during the forecast period.
Increasing applications of rainwater harvesting systems in government sectors is one of the major market trends. There is an increase in the water and replenish the groundwater table demand and therefore many corporations have started focusing on rainwater harvesting. Some targets and policy instruments related to rainwater harvesting have already been implemented. For instance, the Indian Railways has installed rainwater harvesting systems, wherever feasible, taking techno-economic factors, such as soil type, the salinity of groundwater, intensity of rainfall, and the level of the water table, into consideration.
The installation of rainwater harvesting systems in India is a part of the development of railway buildings. In November 2021, the Government of India initiated the National Water Mission's (NWM) campaign Catch The Rain with the tagline Catch the rain, where it falls, when it falls to nudge the states and stakeholders to create appropriate rainwater harvesting structures (RWHS) suitable to the climatic conditions and sub-soil strata before monsoon. Therefore, these factors will drive the growth market during the forecast period.
Threats of substitutes are major challenges impeding the market. Drip edge, drip path, underground rain chains, box gutters, and ground gutters are some of the most common substitutes used. Drip edges are used more in residential houses than gutters. They are essentially used in preventing water from running down the fascia boards and soffits and rotting the wood.
The drip path is another excellent alternative. Large pavers or blocks are laid in the ground precisely next to the roofline to create a drip channel. This can help deflect water from the property by angling the block lower and away from it. These are also more sustainable when compared with gutter guards. Therefore, the availability of these alternatives will negatively impact the growth of the market during the forecast period.
The market research and growth report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the market research report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Almesco Ltd. - The key offerings of the company include gutter guards.
The market growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 15 market Companies, including:
Qualitative and quantitative analysis of Companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize Companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize Companies as dominant, leading, strong, tentative, and weak.
The market is influenced by various factors such as population growth rate, construction activity, and residential improvement and repair activity. With increasing demand for environmentally friendly residences, homeowners are opting for gutter guards to conserve water and maintain self-sufficient catchment systems. Rainware companies and contractors offer steel mesh gutter guards and other products to meet this demand. Additionally, innovations like new colors, styles, and aerodynamic designs cater to different roof types, including hip roofs, flat roofs, and gable roofs, enhancing their effectiveness against natural elements like hurricanes and hail. Despite economic fluctuations, gutter guards remain price competitive, driving sales growth in both newly built homes and replacement markets.
Gutter guards demand continues to rise, driven by factors such as increasing water consumption awareness and the need for sustainable solutions in residential buildings. Homebuilders are integrating gutter and downspout products into their projects to meet linear foot gains and cater to eco-conscious consumers. Despite economic fluctuations like recessions, gutter replacement and reroofing activity remain steady, bolstering the market. Gutter suppliers and contractors offer a variety of options, including steel and aluminum gutter guards, featuring new colors and styles to match different roof types like hip roofs and aerodynamic designs. This diversity provides a competitive advantage, even amidst higher prices, driving replacement sales and expanding the consumer base.
The market forecasting report covers market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Gutter Guards Market Scope |
|
Report Coverage |
Details |
Page number |
156 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.5% |
Market growth 2023-2027 |
USD 298.88 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
2.36 |
Regional analysis |
North America, APAC, Europe, South America, and Middle East, and Africa |
Performing market contribution |
APAC at 41% |
Key countries |
US, Canada, China, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Almesco Ltd., Associated Materials LLC, City Sheet Metal Co. Ltd., Clotan Steel Pty Ltd., Cornerstone Building Brands Inc., Englert Inc., Fiberglass Building Products Inc., FIRST Corp. Srl, Gibraltar Industries Inc., Grillo-Werke AG, Guangzhou Nuoran Building Material Co. Ltd., Hebei Hollyland Co., Ltd., Lindab AB, Panasonic Holdings Corp., Precision Gutters Ltd., Senox Corp., Spectra Gutter Systems, Standard Industries Inc., The Alumasc Group plc, and Westlake Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Material
7 Market Segmentation by End-user
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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