Roofing, Siding & Sheet Metal Contractors Industry Profile

Report Page Length: 10-12
Last Quarterly Update: 9/29/2014
SIC Codes: 1761
NAICS Codes: 23816, 23817
Chapters Include:
Industry Overview Trends & Challenges Industry Forecast
Quarterly Industry Update Call Prep Questions Website & Media Links
Business Challenges Financial Information Glossary & Acronyms
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Excerpt from Roofing, Siding & Sheet Metal Contractors Industry Profile

Companies in this industry install and repair roofing, siding, and gutters for homes and businesses. Major US companies include CentiMark, D C Taylor, and Tecta America.

Global demand for roofing, siding, and sheet metal contractors is driven by construction activity in specific countries and regions. The largest construction markets are in the US, China, Japan, Germany, Spain, France, and Italy.

The US roofing and siding industry includes about 25,000 companies with combined annual revenue of about $30 billion. Key growth drivers include increased construction and renovation activity.

COMPETITIVE LANDSCAPE

Demand for roofing services is closely tied to maintenance needs and new construction. Demand for replacement and repair is closely tied to storm activity. Profitability depends on efficient operations and management of raw materials and labor expenses. Large companies have advantages in being able to manage multiple projects simultaneously and to serve customers with multiple locations. Smaller firms can compete by specializing in a specific service such as reroofing or building type.

Commercial and residential roofing differ significantly, and most companies specialize in one or the other. Some companies offer both commercial and residential services. Because roofs need regular maintenance, roofing provides relatively steady work compared to contracting that depends chiefly on new construction.

PRODUCTS, OPERATIONS & TECHNOLOGY

Commercial roofing jobs account for the majority of industry revenue. Revenue from reroofing, repair, and maintenance accounts for 65 percent, while 35 percent is from new construction. The average useful ...

 
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