Industry Analysis & Industry Trends
The industry ebbs and flows with its downstream construction markets. As such, when investment in the nonresidential construction and renovation sector dropped, industry revenue suffered as well. However, recovery is evident in each of the industry's markets, which is expected to bring about a rebound in industry revenue. Nonetheless, rising competition from home improvement stores will limit the industry's potential for growth.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Fence and Scaffolding Rental industry is mature. Its industry value added (IVA) – which measures its contribution to the US economy – is forecast to rise at an average annual rate of 1.9% from 2008 to 2018. Meanwhile, US GDP is anticipated to grow at a similar rate of 2.1% per year on average. The industry's IVA growth mirrors that of the US economy because it is closely tied to activity in the construction sector. The industry's performance indicates that it is in a mature life cycle stage.
Moreover, the size of the industry is another sign of its maturity. Over the five years to 2013, the number of establishments has declined at an average annual rate of 1.3% to 2,984... purchase to read more