Industry Analysis & Industry Trends
Demand for the Roofing, Siding & Insulation Wholesaling industry is highly dependent on construction activity. During the recession, construction plummeted as consumers postponed new home purchases while corporate profit contracted, reducing demand for industry products. However, in the five years to 2019, the industry will continue to expand, with revenue forecast to grow by 2019, due to growing demand from construction for industry products. Residential renovations are also expected to outpace housing starts as government policies promote new housing construction and encourage eco-friendly renovations. In addition, the economic recovery will improve consumer spending and encourage commercial construction expansion... purchase to read more
Industry Report - Industry Products Chapter
Roofing, siding and insulation products are used in the construction, repair and alteration of residential and nonresidential building structures. Although roofing products make up the majority of revenue, industry operators also distribute siding and insulation products and modern roofing systems.
Roofing materials make up the largest product segment for the industry; this segment accounts for about 53.9% of revenue. Roofing products include nonwood roofing materials such as asphalt shingles, metal guttering and down spouts, solar reflective film and weather-stripping products... purchase to read more