Europe Rain Gutter Market Developments and Forecast by 2027

The Europe rain gutter market was valued at US$ 642.71 million in 2019 and is projected to reach US$ 766.87 million by 2027; it is expected to grow at a CAGR of 2.3% during the forecast period from 2020 to 2027.

Rain gutters are water collection channels used in residential and commercial buildings tochannelthe rainwater away from them. Dampening of walls due to continuous water absorption in building’s walls leads to favorableconditions for the growth offungi; it may also result inthe wet rot of timber in the rooms with humidwalls. Diverting rainwater streams away from buildings also helps protect the foundation, landscaping, and siding of a building; preventing erosion;  mitigating paint damage; and preventing basement flooding.

Demandfor replacement, renovation, andreroofing activities is increasing due to the unpredictable weather conditions, which leads to the surge in number of gutter replacement projects across the various European countries. In addition, growingneed for rainwater harvesting also fuels the Europe Rain Gutter market growth. However, the increasing costs of raw materialsand growing competition among market playerhamper the growth of themarket.

Impact of COVID-19 Pandemic on Europe Rain GutterMarket

The COVID-19 pandemic has exerted more severe impact on the overall construction industry in Europethanother industries, such as manufacturing and automotive.During the initial months of the pandemic, the region experienced disruptions in the business operations and growth inunemployment. This resulted in decrease in the demand for rain gutter products—especially from residential customers. The exponentialrise in number of COVID-19 cases across Italy, Spain, France, and other European countries has adversely affectedthe growth of the market in Europe.

Lucrative Growth in Europe Rain Gutter Market

Europe Rain Gutter Market Insights

Significant Investments in Rain GutterTechnologies and Growth in Government Support Fuel Market Growth in Europe

The residential construction sector has started to gain momentum in recent yearsdue toconstantlyincreasingpopulation, rising demand for single-family homes, and improving real wages and cheap mortgage financing in a few countries; the rise in this sector has also been bolstering the need for rain gutters. There would be decline in the demand for rain gutterin other EU countries such as Netherlands, Poland, Norway and others in 2020, as the residential construction activities peaked in 2017. Also, in many EU countries, persistent labor shortage in the construction sector decelerates project completion. Irrespective of the current downturn,the Europeanconstruction products manufacturing sector is expected to recoverby the end of2020, but it will most likely continue to delay non-residential investment decisions.

Material Type-Based Market Insights

On the basis of material type,the Europe rain gutter market is segmented into aluminum, steel, vinyl, and others. In 2019, the aluminum segment led the market, followed by vinyl, steel, and other materials, respectively. Rain gutters made fromaluminum are easy toinstall. The vinyl segment is anticipated to register the highest CAGR in the market during the forecast period owing toits increasing adoption in the manufacturing of rain gutters due to its rising popularity

Europe Rain Gutter Market, by Material Type– 2019 and 2027

Application-Based Market Insights

Based on application, the rain gutter market is bifurcated into residential and commercial. The residential segment led the market in 2019 with alargershare and is expected to continue its dominance during the forecast period. The growth of the market for the residential segment is driven by increasing residential home projects, growing population, and rising rainwater harvesting demands.There is growing demand for affordable housing in mid-sized cities in both Sweden and Poland.

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Europe Rain Gutter Market: Strategic Insights

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Players operating in the Europe rain gutter market focus on strategies such as market initiatives, acquisitions, and product launchesto maintain their positions. A few of the developments performedby the key market players have been listed below:

In 2020,Alu-Rex launched its new DoublePro gutter product with two layers of aluminum, which enhancethe filtration process and reduce maintenance requirements.

In 2018, Alu-Rex had launched a new T-Rex continuous hanger, which is an advanced technology and provides three features in one product as winter-shield, roll-back, and alu-perf. These are the innovative components that make this gutter efficient, practical, and reliable.

Europe Rain Gutter Market – by Material Type

• Aluminum
• Steel
• Vinyl
• Others

Europe Rain Gutter Market – by Application

• Residential
• Commercial

Europe Rain Gutter Market – by Geography

• UK
• Germany
• France
• Italy
• Russia
• Denmark
• Rest of Europe

Europe Rain Gutter Market – Company Profiles

• Almesco Ltd
• Alumasc Water Management Solutions
• ALU-REX INC
• Areco
• FIRST Corporation, S.r.l.
• Lindab
• Marley Deutschland GmbH
• Plastmo A/S
• RHEINZINK
• Sekisui Eslon B.V.

Europe Rain Gutter Market Regional Insights

The regional trends and factors influencing the Europe Rain Gutter Market throughout the forecast period have been thoroughly explained by the analysts at The Insight Partners. This section also discusses Europe Rain Gutter Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Europe Rain Gutter Market Report Scope

Europe Rain Gutter Market Players Density: Understanding Its Impact on Business Dynamics

The Europe Rain Gutter Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.