Industry Analysis & Industry Trends
Residential renovation expenditures, strong government support and a resilient nonresidential construction market kept revenue growth for the Roofing Contractors industry at healthy levels. Additionally, violent storms over the past five years helped boost demand for roof contractor services. In the next five years, sustained growth in most downstream building markets will mirror an increased demand for industry services. Demand for roof construction is also set to expand as a result of higher residential renovation expenditure. Consequently, revenue is forecast to increase, along with industry employment... purchase to read more
Industry Report - Industry Key Buyers Chapter
Concentration in the Roofing Contractors industry is low. There are numerous operators in the industry. The largest operator accounts for only about 2.5% of total industry revenue. Most contractors operate locally and provide services to a small segment of the population. Nonetheless, market share has increased over the past five years because a number of companies exited the industry during the recession. Larger companies are looking to expand their footprint in nearby areas, where they can add value and turn once-struggling operations into profitable ventures.
The Roofing Contractors industry has a low level of market share concentration, with the top three firms accounting for less than 10.0% of total industry revenue. Among the largest industry operators, Flynn Canada Ltd... purchase to read more