Roofing Business Statistics

Recovery in the commercial and industrial segments are projected to increase in roofing demand.

Roofing business statistics.

Two thirds of employees within the industry are not covered by a health insurance benefit. The roofing industry is expected to grow to 5 3 billion over the next several years. The vast majority of respondents 88 percent said their company is involved with single ply roofing followed by metal 82 percent and then coatings 67 percent. Industry market size for roofing contractors.

Low slope asphalt and metal roofing combine to account for 24 of the commercial industry. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less. 25 us bureau of labor statistics predicted that the employment rate in the roofing industry would grow by 11 by 2026. Roofing siding and sheet metal contractors.

In 2014 roofing contractors reported a 12 rise in their field labor costs. Roofing industry statistics and trends. Banks consultants sales marketing teams accountants and students all find value in ibisworld. Here are a few of the top roofing industry trends you should know.

Roofing offers protection from heat rain and other atmospheric conditions. Get up to speed on any industry with comprehensive intelligence that is easy to read. Select from the following sections or scroll below to view available resources. Roofing pros can use information on current trends to keep their business relevant and prepare to accommodate customer needs.

Industry statistics cover all companies in the united states both public and private ranging in size from small businesses to market leaders in addition to revenue the industry market analysis shows information on employees companies and average firm size. Sic 1761 naics 238160 238170. Roofing market outlook 2027 the global roofing market size was valued at 92 942 3 million in 2019 and is projected to reach 132 775 6 million by 2027 registering a cagr of 4 6 from 2020 to 2027. Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld.

The following guide to industry information research and analysis provides sources for industry trends and statistics financial ratios salary surveys and more. 24 distribution of the roofing workforce 55 roofers 4 9 helpers 3 9 construction laborers 3 7 sheet metal workers 1 4 carpenters. On average 42 percent of overall sales revenue is generated by single ply roofing while metal and coatings together account for a quarter of overall sales revenue. This is because single ply roofing accounts for 49 of the total commercial industry.