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 2020, the industry will continue to expand, with revenue forecast to grow, 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 SWOT Analysis Chapter
The Roofing, Siding and Insulation Wholesaling industry is currently in the mature phase of its life cycle. In the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 2.2%, compared with projected annualized GDP growth of 2.2%. IVA growth in line with the economy as a whole is highly indicative of a mature industry.
Characteristics exhibited by the Roofing, Siding and Insulation industry that establish its mature life stage include established markets and industry products. Industry players primarily serve contractors in their respective regional markets. Furthermore, saturated markets have increased acquisition activity in the industry. For example, Beacon Roofing Inc... purchase to read more