Overview

Through the roof: As investment in construction projects grows, industry revenue will rise

The Roofing Contractors industry market report contains strategic analysis of the key drivers influencing the industry. Save hours of time on research and prospecting using IBISWorld’s standardized, up-to-date reports on thousands of industries. Our industry research provides growth and profit forecasts for a five-year outlook period, presented in a clear and user-friendly format.

REPORT SNAPSHOT

Market Share of Companies
There are no companies with a dominant market share in this industry
Industry Statistics & Market Size
Revenue
$41bn
Annual Growth
12-17
3.3%
Annual Growth
17-22
Profit
Employment
245,058
Business
101,628

Industry Threats & Opportunities

  • Investment in construction and spending on home improvements will spur demand
  • Revenue growth has caused profit margins to widen as operators take on new projects
  • The housing market overall will continue to grow over the next five years, albeit at a slower pace

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    Industry Analysis & Industry Trends

    The Roofing Contractors industry largely depends on demand from building construction activity in residential and nonresidential markets, both of which have been rising over the past five years. Alongside profit margin expansion, industry operators have increased the scope of their operations to meet accelerating demand due to the housing recovery, causing employee and operator numbers to increase. IBISWorld expects solid growth in industry revenue over the next five years, underpinned by increased investment in housing and commercial building. Increasing home valuations and higher per capita disposable income are also expected to boost consumer spending on home improvements...

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    Industry Report - Industry Key Buyers Chapter

    The Roofing Contractors industry has a low level of market share concentration, with the top four enterprises accounting for less than 5.0% of total industry revenue. The two largest companies in the industry, CentiMark Corporation and Tecta America Corporation, both have a market share of less than 2.0%. More than three-quarters of industry companies are nonemployers, and of those that do have employees, 78.5% have fewer than 10 workers. IBISWorld estimates that the industry has become more fragmented during the past five years. As the growth in construction activities attracts a large number of nonemployers and individual workmen, the number of enterprises in the five years to 2017 is expected to increase at an annualized rate of 1.2% reaching 100,897.

    ..

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    Additional Insights for the Roofing Contractors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Roofing Contractors Industry are

  • Having contacts within key markets
  • Having a good reputation
  • Ability to expand and curtail operations rapidly in line with market demand
  • IBISWorld analysts also discuss how external factors such as Value of residential construction and Value of private nonresidential construction in the Roofing Contractors industry impact industry performance..

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    Look under the hood?

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    Industry Products

    What is the Roofing Contractors Industry?

    Industry operators install 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. Work performed includes new work, additions, alterations, maintenance and repairs.

    Industry Products
    Roofing services (except sheet metal)
    Siding services (except sheet metal)
    Sheet metal services (roofing installation)
    Industry Activities
    Installing ceramic or concrete tiles, slate or shingles
    Installing single-ply, built-up, metal, liquid and modified bitumen roofing systems
    Installing, repairing and replacing gutters and downpipes
    Installing sheet metal
    Replacing broken tiles and shingles
    Repairing capping in cement or acrylic mortar
    Applying roof sealer compounds and cleaning existing roof materials
    Installing engineered wood, brick, vinyl, aluminum and fiber cement siding
    Installing soffit under easement fascias
    Securing flashings and cappings and repairing leaks

    Table of Contents

    About this Industry
    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry at a Glance
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Industry Performance
    Executive Summary
    Key External Drivers
  • Value of residential construction
  • Value of private nonresidential construction
  • Private spending on home improvements
  • Yield on 10-year Treasury note
  • Demand from municipal building construction

  • Current Performance
  • Construction markets recover
  • Commercial demand
  • Improving profitability
  • The green movement
  • Chart: Revenue Growth

  • Industry Outlook
  • Housing market expansion
  • Nonresidential demand accelerates
  • Greener pastures
  • Table: Roofing Contractors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Roofing Contractors Industry Lifecycle vs The Economy

  • Products & Markets
    Supply Chains
    Key Buying Industries
  • Home Builders
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Real Estate and Rental and Leasing
  • Educational Services
  • Commercial Building Construction
  • Consumers

  • Key Selling Industries
  • Aluminum Manufacturing
  • Asphalt Manufacturing
  • Construction & Mining Equipment Wholesaling
  • Plastic Products Miscellaneous Manufacturing
  • Property, Casualty and Direct Insurance
  • Wood Paneling Manufacturing

  • Products & Services
  • Roofing services (except sheet metal)
  • Siding services (except sheet metal)
  • Sheet metal services (roofing installation)
  • Chart: Roofing Contractors Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Existing nonresidential building market
  • Existing residential building market
  • New nonresidential building construction market
  • New residential construction market
  • Chart: Major Market Segmentation for the Roofing Contractors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Competitive Landscape
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Wages
  • Purchases
  • Rent and utilities
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Roofing Contractors

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Roofing Contractors Industry

  • Industry Globalization
    Major Companies
    There are no major players in this industry
    Operating Conditions
    Capital Intensity
  • Chart: Level of Capital Intensity for the Roofing Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Key Statistics
    Table: Industry Data for the Roofing Contractors Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Value of residential construction (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Table: Industry Financial Ratios
    Jargon & Glossary
    Building Envelope
  • A physical separator between the conditioned and unconditioned environment of a building.
  • Leadership In Energy And Environmental Design
  • An environmental building certificate program that was established under the US Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Shake
  • A wooden shingle that is made from split logs.
  • Shingle
  • A thin oblong piece of material (usually wood, slate or asphalt) used in overlapping rows to cover the roof or sides of a building.
  • Siding
  • Products for surfacing or cladding the exterior walls of buildings (e.g. timber, vinyl sheeting or shingles).
  • Why buy this report?

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Roofing Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Roofing Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Roofing Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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