Roofing Contractors in the US - Industry Market Research Report

Roofing Contractors in the US - Industry Market Research Report

  • July 2020 •
  • 36 pages •
  • Report ID: 198642 •
  • Format: PDF
On top: Rebounding construction activity will drive demand for new and existing roofing work

Abstract

Roofing Contractors in the US
Operators in the Roofing Contractors industry perform installation, maintenance and repair on the roofs of residential homes and nonresidential buildings. This work includes installing roofs and skylights and treating roofs. Over the five years to 2019, industry operators benefited from broad economic improvements in the United States. In recent years, industry profit margins have widened as an abundance of new projects have relieved price-based competition. Alongside profit margin expansion, industry operators have increased the scope of their businesses to meet growing demand stemming from the housing recovery, which has caused employee and enterprise numbers to increase over the past five years. IBISWorld expects moderate growth in industry revenue over the five years to 2024, underpinned by increased investment in housing and commercial building. Increasing home valuations and higher per capita disposable income are also expected to boost consumer spending on home improvements.

Industry operators install roofing and skylights and perform treatments on roofs (e.g. coating, painting, spraying). Work performed includes new work, additions, alterations, maintenance and repairs.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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