Roofing contractors have grown due to an improved construction sector. Operators endured volatility as COVID-19 caused disruptions and lowered demand from certain downstream markets. There was less investment in new roofing projects as temporary closures affected businesses and schools. A growing level of residential renovation activity has spurred demand for roofing services. Revenue for roofing contractors has grown at a CAGR of 2.7% to $13.2 billion through the end of 2023, despite a 1.1% decrease in 2023 alone. The Roofing Contractors industry in Canada installs roofing, siding, sheet metal and roof drainage systems, such as downspouts and gutters. Activities also include treating roofs (e. g. spraying, painting or coating), coppersmithing, tinsmithing, installing skylights, installing metal ceilings, flashing, ductwork and capping. Duties performed include new work, additions, alterations, maintenance and repairs. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.Shingles night: More housing starts and greater renovation activity will result in increased revenue
Table of Contents
ABOUT THIS INDUSTRY- Industry Definition
- Main Activities
- Similar Industries
- Additional Resources
INDUSTRY PERFORMANCE
- Executive Summary
- Key External Drivers
- Current Performance
- Industry Outlook
- Industry Life Cycle
- Supply Chain
- Products & Services
- Demand Determinants
- Major Markets
- International Trade
- Business Locations
- Market Share Concentration
- Key Success Factors
- Cost Structure Benchmarks
- Basis of Competition
- Barriers to Entry
- Industry Globalization
OPERATING CONDITIONS
- Capital Intensity
- Technology & Systems
- Revenue Volatility
- Regulation & Policy
- Industry Assistance
- Industry Data
- Annual Change
- Key Ratios
Methodology
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