Roofing Contractors in the US
The Roofing Contractors industry has grown over the five years to 2018, as a result of 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, causing employee and operator numbers to increase. IBISWorld expects moderate growth in industry revenue over the next five years to 2023, underpinned by increased investment in housing and commercial building. Housing starts will continue to drive industry demand upward. 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, as well as 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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