Sheet-Metal Roofing Manufacturing
Metal roofs have been gaining traction in the residential market because they are highly durable (able to endure several decades with relatively little maintenance), do not burn, can resist damage from severe weather, are environmentally friendly and are easy to install and repair. Due to increased demand for homes and economic growth, Sheet-Metal Roofing Manufacturing industry revenue is expected to grow over the five years to 2018.Over the past five years, prices of steel and aluminum, key industry inputs, have increased, providing a slight boost to industry revenue as some of the cost is passed on to downstream customers in the form of higher prices. However, higher input prices have put some pressure on industry profit margins.The industry is expected to experience more modest growth over the five years to 2023, as commercial and residential construction slows. Additionally, the cost of metal is expected to continue to increase during the period, limiting the industry's ability to compete on the basis of price.
This industry fabricates sheet-metal roofing products, including aluminum, steel, copper and zinc roofing. However, the industry does not manufacture sheet-metal roofing drainage. It also does not install or repair roofs, which are activities that are accounted for in the Roofing Contractors industry (IBISWorld report 23816).
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.