Logiq, Inc. announced its entry into the roofing market to expand its presence in the home improvement market. The following highlights are indicative of the future market growth opportunities in the home improvement vertical: Per IBIS World, roofing is the 16th largest vertical in the construction industry; at $102 billion in the Americas and is forecast to grow to $156 billion by 2030 (per Morrissey Construction). There are presently over one hundred thousand roofing companies in the US which represents a sizeable market opportunity for Logiq.

The search term “roof repair” reached its highest volume ever last year, reaching more than 200% the fifteen-year average that preceded 2021.