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Roofing Contractors in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Roofing Contractors in Canada Market Research Report | NAICS 23816CA | Jan 2016

Staying dry: Residential renovations expenditure will increase as the green movement persists

IBISWorld’s Roofing Contractors market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$8bn
Annual Growth 11-16
1.1%
Annual Growth 16-21
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Profit
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Employment
58,982
Businesses
7,266
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 Analysis Chapter

The Roofing Contractors industry performs installation, maintenance and repair on the external cladding of buildings in both the residential and nonresidential construction markets. Despite a continued reduction in the number of housing starts, industry revenue is expected to increase at an annualized 1.1% to $7.9 billion dollars over the five years to 2016, including a projected 1.1% increase in 2016 alone. The industry has benefited from the loosening of lending standards in recent years. As an example, the government lowered the minimum down payment requirements for new government-backed mortgages from 20.0% of the property’s value to 5.0%... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Roofing Contractors Industry?

The Roofing Contractors industry installs 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. Duties performed include new work, additions, alterations, maintenance and repairs.

Industry Products
Roofing servicesSiding servicesSheet metal services
 
Industry Activities
Installing ceramic or concrete tiles, slate or shingles Installing single-ply, built-up, metal, liquid and modified bitumen roofing systemsInstalling, repairing and replacing gutters and downpipes Installing sheet metal Replacing broken tiles and shinglesSecuring flashings and cappings and repairing leaks Repairing capping in cement or acrylic mortar Applying roof sealer compounds and cleaning existing roof materialsInstalling engineered wood, brick, vinyl, aluminum and fiber cement sidingInstalling soffit under easement fascias


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