Garage Door Installation
Over the five years to 2018, the Garage Door Installation industry has grown as a result of increased investment in existing structures. Over the past five years, rising consumer confidence, as measured by the Consumer Confidence Index (CCI), has contributed to consumers' increased willingness to take on home improvement projects. Moreover, rising corporate profit, low interest rates and recent federal tax cuts have encouraged capital expenditures among a variety of businesses ranging from the street-corner bodega to large-scale manufacturing facilities, both representing businesses that use garage doors to some extent. Consequently, demand for garage door installation services among both consumers and businesses has been steadily increasing. Over the five years to 2023, industry operators are expected to benefit from an increase in private spending on home improvement.
This industry installs garage doors and garage openers. Industry activity includes inspection prior to the installation or removal of any existing garage door and opener, installation, 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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