The threat of a real estate bubble, coupled with high levels of household debt, has subdued demand for new homes in some regions of the country. Over the five years to 2017, a decline in the number of housing starts has restrained demand for the Roofing Contractors industry. However, over the five years to 2022, the industry will benefit from increased business expansion as a result of rising corporate profit. Residential renovations are also expected to increase as homeowners look to upgrade their houses to be greener and more energy efficient.
The Roofing Contractors industry installs roofing, siding, sheet metal and roof drainage systems, such as downspouts and gutters. Activities also include treating roofs (e.g. spraying, painting or coating), coppersmithing, tinsmithing, installing skylights, installing metal ceilings, flashing, ductwork and capping. Duties performed include 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.