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Roofing Contractors in Florida - Industry Market Research Report

Roofing Contractors in Florida

Over the past five years, a boom in construction activity has prompted a number of operators to enter the industry. Specifically, the value of residential construction in Florida from 2012 to 2017 has skyrocketed. Following the recession, residential building construction has expanded considerably due to falling unemployment rates and rising personal income levels. These trends have enabled residential developers and individual investors to increase spending on the construction of new homes, boosting demand for roofing construction services. Additionally, private investment in nonresidential construction has also contributed to demand growth, albeit at a slower pace. In light of heightened demand, a large number of roofing contractors have entered the industry. Demand growth for roofing installation and repair has prompted a number of new contractors to enter the industry as a number of jobs were going to out-of-state roofing companies, due to the lack of contractors in-state licensed to perform work. To this end, the number of operators has increased at an annualized rate of 5.7% to 1,517 operators over the past five years.

Industry operators install roofing 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. Work performed includes new work, additions, alterations, maintenance and repairs. This report excludes siding and sheet metal work.

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.


ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS
Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

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