Roof Window Market Size, Share, Growth Report 2032

Industry Perspective:

The global roof window market size is set for rapid growth over the forecast period. In terms of revenue, the global roof window market accounted for USD 3.23 Billion in 2022 and is expected to reach USD 4.4 Billion by 2030, growing at a CAGR of 4.13% during the forecast period.

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Roof Window Market: Overview

A roof window is integrated into a building's roof design. It is often confused with skylight but has its structural variations, as well as other similar architectural or lighting elements. A roof may have one or more roof windows of different shapes and sizes. It can be sealed, opened, tinted, double-glazed, or triple-glazed. A roof window is also a good choice if there is a need to allow both light and fresh air into the room. The roof window appears to be bigger than the skylight, making it possible to enjoy a broader view of the sky. In addition, the skylights are typically stationary; specifically, they cannot be opened or closed.

Key Insights

• As per the analysis shared by our research analyst, the global roof window market is expected to grow annually at a promising CAGR of around 4.13% during the forecast period 2023-2030.
• In terms of revenue, the global roof window market size was valued at around USD 3.23 billion in 2022 and is expected to reach USD 4.4 billion by 2030.
• The global roof window market is driven by the increasing demand for natural light and ventilation in buildings.
• Based on material type, the PVC segment is predicted to grow at a promising CAGR during the forecast period.
• Based on application, the residential segment held the largest market share in 2022.
• Based on region, the Asia-Pacific region held the dominating market share in 2022.

Roof Window Market: Growth Factors

Increasing use of natural light among people to drive the growth of the market

The global roof window market is driven by various factors, including the increasing demand for natural light and ventilation in buildings. Natural light and ventilation have been found to be important factors in improving the indoor environment, which enhances the occupants' well-being and productivity.

Additionally, the popularity of energy-efficient buildings is contributing to the growth of the market. Energy-efficient buildings utilize roof windows to enhance the building's overall energy performance by reducing energy consumption and increasing the use of natural light. Furthermore, the need for aesthetic and functional improvements in building design is driving the demand for roof windows.

Roof Window Market: Restraints

Extortionate cost of installation might restrict the growth of the market to an extent

One of the significant restraints in the roof window industry is the high cost associated with the installation and maintenance of roof windows. This makes it unaffordable for many homeowners and builders, particularly in developing countries. Additionally, the lack of awareness and understanding of the benefits of roof windows, which is hindering the market's growth in some regions.

Roof Window Market: Opportunities

Prevalence of sustainable building practices creates ample opportunities for the industry

One of the significant opportunities in the roof window market is the growing demand for sustainable building practices. Governments and environmental agencies are promoting sustainable building practices to reduce carbon emissions and conserve energy. This has led to an increasing demand for energy-efficient buildings, which utilize roof windows to enhance the building's overall energy performance.

Additionally, the increasing construction of commercial and residential buildings in the Asia Pacific region presents significant growth opportunities for the market. Moreover, the rising disposable incomes of people in the region are driving the demand for high-quality and aesthetically pleasing roof windows, which present a significant growth opportunity for the market.

Roof Window Market: Challenges

Shortage of raw materials might act as a challenge for the market

One of the significant challenges in the roof window industry is the installation process, which requires specific skills and expertise. This makes it difficult for homeowners and builders to install roof windows correctly, resulting in leakages and other damages. Additionally, the maintenance of roof windows can be challenging, particularly in areas with harsh weather conditions, such as heavy rainfall and snow. Moreover, the COVID-19 pandemic has disrupted the supply chain, leading to a shortage of raw materials and delaying construction projects, which is impacting the growth of the market.

Roof Window Market: Segmentation

The global roof window is segmented based on material type, application, and region.

Based on material type, the market is segmented into Wood, Polyurethane (PU), Polyvinyl Chloride (PVC), Aluminum, and others. The PVC segment is predicted to grow at a remarkable CAGR during the forecast period. The PVC segment of the roof window market has been experiencing steady growth in recent years due to several factors. One of the key drivers of this growth is the increasing demand for energy-efficient and eco-friendly building solutions.

PVC roof windows offer excellent thermal insulation, which can help reduce energy consumption and lower heating and cooling costs. Additionally, PVC is a cost-effective material compared to wood and metal, making it an attractive option for budget-conscious customers. The growing popularity of modern and contemporary building designs that favor clean and sleek lines also works in favor of the PVC segment. Moreover, the durability and low maintenance requirements of PVC roof windows make them a practical choice for customers who value convenience and longevity. The continued growth of the construction and renovation industries in emerging markets also presents new growth opportunities for the PVC segment of the roof window market.

Based on application, the market is segmented into residential and commercial. The residential segment of the roof window industry has been experiencing steady growth in recent years due to several factors. One of the key drivers of this growth is the increasing trend of home renovation and remodeling, as homeowners seek to improve the value and functionality of their homes. Roof windows are popular additions to residential properties, as they provide natural light & ventilation, and enhance the aesthetics of the building.

Additionally, the growing trend of eco-friendly and energy-efficient building solutions has increased the demand for roof windows in residential properties, as they provide a source of natural light that can help reduce energy consumption and lower heating and cooling costs. The increasing focus on health and well-being in modern-day living has also contributed to the growth of the residential segment of the roof window market, as homeowners seek to create a more comfortable and healthy living environment for themselves and their families. With the continued growth of the residential construction and renovation industries, the residential segment of the roof window market is poised for further growth in the coming years.

Recent Developments

• In 2021, Velux, a leading player in the roof window market, launched its new Velux Active with Netatmo system, a smart home solution that allows homeowners to control their roof windows, blinds, and shutters with a mobile app. The system is designed to improve indoor air quality and reduce energy consumption by automatically opening and closing roof windows and blinds based on the temperature and humidity levels inside the home. The Velux Active with Netatmo system also provides real-time data on air quality and weather conditions, enabling homeowners to make informed decisions about their living environment.
• In 2021, FAKRO, a leading manufacturer of roof windows, launched its innovative Z-Wave roof window, a smart window that allows homeowners to control their roof windows and blinds with a mobile app or voice assistant. The window features a built-in sensor that detects rain, snow, and wind, and automatically closes the window to prevent water leakage and damage to the interior. The FAKRO Z-Wave roof window also features a slim and sleek design that blends seamlessly with modern and contemporary building designs.

Roof Window Market: Report Scope

Roof Window Market: Regional Analysis

Asia-Pacific region to dominate the global market during the forecast period

Based on region, the Asia-Pacific region held the largest roof window market share in 2022 and is further predicted to grow exponentially during the forecast period. The Asia Pacific region has been experiencing significant growth in the roof window market in recent years. The growing urbanization and industrialization in the region have led to a rise in construction activities, resulting in an increasing demand for roofing solutions. The growing trend of eco-friendly and energy-efficient building solutions has also contributed to the growth of the roof window market in the region, as consumers seek to reduce their energy consumption and lower their carbon footprint.

The region's large population and rising disposable income have also increased demand for high-quality roofing solutions that enhance the aesthetics and functionality of their buildings. Additionally, the increasing adoption of modern building designs that favor clean and sleek lines works in favor of the roof window market. With continued investments in infrastructure development and the growth of the construction industry in the region, the Asia Pacific roof window market is poised for further growth in the coming years.

Roof Window Market: Competitive Players

The key players operating in the Global Roof Window Market include:

• Velux Group
• Fakro
• Roto Frank AG
• Sunlux Roof Windows
• Keylite Roof Windows
• Faelux
• Skylights Plus
• VELFAC
• ECOtherm
• Optilight Roof Windows
• Dakea
• LAMILUX Heinrich Strunz Group
• RoofLITE
• Alwitra
• AHRD
• AHRD Korea
• Natural Light Co. Ltd.
• Solstro
• VivaTerra
• Bilka Steel.

This report segments the global Roof Window Market into:

By Material Type

• Wood
• Polyurethane (PU)
• Polyvinyl Chloride (PVC)
• Aluminum
• Others [Composite, Fiberglass Etc.]

By Application

• Residential
• Commercial

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa