The Paving Contractors industry focuses on paving driveways and parking areas for commercial and residential customers; the paving of streets and highways is excluded from the industry. As the residential and nonresidential markets continue to improve, IBISWorld estimates revenue for the Paving Contractors industry to increase. The five years to 2021 will be characterized by a more complete economic recovery, with both the residential and commercial segments contributing strongly and organically to industry growth.
This industry is composed of establishments that specialize in the paving of residential and commercial driveways and parking areas. Establishments in this industry typically use asphalt, concrete or brick when performing their paving services.
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.