Construction Supplies Wholesaling in Ireland - Industry Market Research Report

Strong structure: Construction supplies wholesaler reap the rewards of growing construction activity

Construction supplies wholesalers' revenue flows in tandem with construction activity, driven by economic conditions, demographics and environmental initiatives. Government initiatives like Rebuilding Ireland and the Help to Buy scheme have boosted the number of housing starts and property transactions, lifting demand for construction supplies. The COVID-19 outbreak wreaked havoc on the construction sector, with many sites closing temporarily in line with social distancing measures. According to the Central Statistics Office, construction output fell by approximately one-third in Q2 2020, denting demand for wholesalers. However, a rise in renovation, maintenance and improvement (RMI) activity as homeowners spending more time at home opted to undertake home improvement projects helped to offset the lost revenue. Companies in this industry distribute goods to retailers and users of building and construction materials. The products sold are the materials that go into a construction, rather than the tools used for construction. Businesses may also have manufacturing or retailing operations, though industry revenue only reflects the wholesale function. The industry does not include the wholesaling of steel and other metals. 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.