Industry Analysis & Industry Trends
The threat of a possible real estate bubble, coupled with high levels of household debt, has subdued the demand for new homes in Canada. Over the five years to 2016, the number of housing starts is expected to fall, restraining demand for the Roofing Contractors industry. In the coming years, rising corporate profit is expected to encourage business expansion, which will bolster the value of nonresidential construction and, therefore, industry demand... purchase to read more
Industry Report - Industry Key Buyers Chapter
The Roofing Contractors industry has a low level of market share concentration, with the top four operators accounting for 6.9% of total industry revenue. While the largest industry operator, Flynn Canada, Limited commands 5.4% of the market, typical businesses account for under 1.0% of total revenue. According to Statistics Canada, most roofing contractors (51.1%) employ fewer than five people, while an estimated 97.1% have fewer than 50 workers.
Over the past five years, IBISWorld estimates that the industry has grown slightly more concentrated. A sluggish Canadian economy has led to weak demand for new housing and constrained industry growth... purchase to read more