Lucintel’s latest market report analyzed that Canadian siding provides attractive opportunities in non-residential and residential construction. The Canadian siding market is expected to reach $5.2 billion by 2028 with a CAGR of 7.6%. In this market, vinyl is the largest segment by material, whereas residential is largest by end use. Unpainted cellular siding for the exterior walls, smooth finish panel sidings, and increasing adoption of siding visualizer provides strategic growth path in this market.
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Based on material, the Canadian siding market is segmented into fiber cement, vinyl, metal, stucco, concrete and stone, brick, wood, and other materials. The vinyl segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to low material and maintenance cost and availability of wide variety of colors.
Browse in-depth TOC on “Canadian Siding Market”
60 – Tables
75 – Figures
136 – Pages
The Canadian Siding Market is marked by the presence of several big and small players. Some of the prominent players offering Canadian siding include Cornerstone Building Brands, James Hardie, CertainTeed, Louisiana Pacific Corporation, Royal Building Products.
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