Us Roofing Industry Size
A large roofing manufacturer first established in 1886 that now boasts 3 200 employees and has plants located across the us.
Us roofing industry size. Figure 1 1 us roofing market. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Us demand for residential roofing products is forecast to advance 4 0 percent per year to 147 million squares in 2020 valued at 10 4 billion. 2 1 key findings key findings.
The global roofing materials market size was estimated at usd 119 7 billion in 2019 and is expected to register a cagr of 3 0 over the forecast period. Market size industry statistics. Leading industry players in the us roofing market include. 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.
There are currently over 50 000 establishments engaged in the installation roofing siding and sheet metal work valued at a total of 31 4 billion. 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. Industry market research reports statistics analysis data trends and forecasts. Ibisworld s statistic shows that as of 2020 the market size of the roofing contractors industry is 48 1bn a decline of 4 44 from 2019.
A global company with a presence in 37 countries offering insulation roofing and fiberglass composites. Roofing contractors in the us industry outlook 2020 2025 poll average industry growth 2020 2025. 1 executive summary executive summary. Increasing investments in the renovation and redevelopment of residential and commercial buildings are expected to drive the market growth.
Roofing offers protection from heat rain and other atmospheric conditions. The north america roofing market size was 29 864 4 million in 2017 and is projected to reach 47 517 8 million in 2025 growing at a cagr of 5 9. Industry market size for roofing contractors. A roof is a structure that covers the houses or buildings and protects their interior and exterior.