Low ceilings: Weak demand from housing starts and increased interest rates will hinder growth

Growth for the Roofing, Siding and Insulation Wholesaling industry in Canada was accelerated by rebounding demand from both residential and nonresidential construction markets after poor performance amid the economic downturn. Over the five years to 2022, rebounding nonresidential construction growth is anticipated to underpin industry growth; however, industry performance will be hindered by weak demand from housing starts and increased interest rates...read more.

Industry Statistics & Market Size
Revenue
$10bn
Annual Growth 12-17
2.9%
Forecast Growth 17-22
Profit
Employment
24,637
Businesses
1,682
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • Improving demand conditions are expected to increase the number of industry operators
  • Fluctuating demand from construction markets spurred merger and acquisition activity
  • Growing purchases will create the need for additional retail stores and inventory warehouses
  • Industry Report - Industry SWOT Analysis Chapter

    The Roofing, Siding and Insulation Wholesaling industry in Canada is currently in the mature phase of its life cycle. Over the 10 years to 2022, industry value added (IVA), which measures the industry's contribution to the overall economy, is forecast to increase at an annualized rate of 0.8%. Comparatively, GDP is anticipated to increase at an annualized rate of 1.9% over the same period. While year-to-year IVA growth often outpaces the Canadian economy as a whole, this is largely due to significant losses amid the economic downturn and high growth is merely a recoup in losses from prior years.Other characteristics of Canada's Roofing, Siding and Insulation Wholesaling industry that dictate its maturity include established markets and industry products. Ind...purchase to read more.

    Additional Insights for the Roofing, Siding & Insulation Wholesaling Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Roofing, Siding & Insulation Wholesaling Industry are

  • Ability to control stock on hand
  • Prompt delivery to market
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Value of nonresidential construction and Value of residential construction in the Roofing, Siding & Insulation Wholesaling industry impact industry performance..

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    What's in this report

    What is the Roofing, Siding & Insulation Wholesaling Industry?

    Operators in this industry wholesale nonwood roofing, siding and insulation materials. These products are typically sold directly to building contractors, large hardware chains and independent hardware stores.

    Industry Products
  • Roofing products
  • Siding products
  • Insulation products
  • Industry Activities
  • Sheet metal roofing materials wholesaling
  • Shingles and roofing material (except wood) wholesaling
  • Siding (except wood) wholesaling
  • Insulation materials wholesaling
  • Gutters and downspouts wholesaling
  • Sound insulation wholesaling
  • Tarred felts and weather stripping wholesaling
  • Vinyl siding wholesaling
  • Solar reflective film wholesaling
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of nonresidential construction
  • Value of residential construction
  • Residential renovation expenditure
  • Housing starts
  • Overnight rate

  • Current Performance
  • Regulatory and economic context
  • Industry activity
  • Green ahead
  • Chart: Revenue Growth

  • Industry Outlook
  • Changing markets
  • Green growth
  • Establishment expansion
  • Table: Roofing, Siding & Insulation Wholesaling Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Roofing, Siding & Insulation Wholesaling Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Homebuilders in Canada
  • Apartment & Condominium Construction in Canada
  • Industrial Building Construction in Canada
  • Heavy Engineering Construction in Canada
  • Roofing Contractors in Canada
  • Commercial Building Construction in Canada
  • Municipal Building Construction in Canada

  • Key Selling Industries
  • Asphalt Manufacturing in Canada
  • Construction Machinery Manufacturing in Canada
  • Paper Product Manufacturing in Canada
  • Sheet Metal, Window & Door Manufacturing in Canada

  • Products & Services
  • Roofing products
  • Siding products
  • Insulation products
  • Chart: Roofing, Siding & Insulation Wholesaling Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential contractors
  • Nonresidential contractors
  • Mass retailers
  • Chart: Major Market Segmentation for the Roofing, Siding & Insulation Wholesaling Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    ProfitPurchasesWagesRent, utilities and other
  • Chart: Cost Structure Benchmarking – Sector vs Roofing, Siding & Insulation Wholesaling

  • Basis of Competition
  • Internal competition
  • External competition

  • Barriers to Entry
  • Table: Barrier to Entry Checklist for the Roofing, Siding & Insulation Wholesaling Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Roofing, Siding & Insulation Wholesaling Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Roofing, Siding & Insulation Wholesaling Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Wages (2008-2022)
  • Housing Starts (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Cladding
  • The process of covering one material with another (e.g. covering the external walls of a house to increase protection from the elements).
  • Insulation
  • Material used to limit the transfer of heat through walls or pipes, thereby reducing energy costs and maintaining a uniform temperature throughout a building.
  • Shingle
  • A thin oblong piece of material (usually wood, slate or asphalt) used in overlapping rows to cover the roof or sides of a building.
  • Siding
  • Material on the exterior of a building to protect against exposure to the weather, to insulate and to improve appearance.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Roofing, Siding & Insulation Wholesaling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Roofing, Siding & Insulation Wholesaling:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Roofing, Siding & Insulation Wholesaling market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Roofing, Siding & Insulation Wholesaling, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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