Roofing Business Statistics

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.

Roofing business statistics.

This is because single ply roofing accounts for 49 of the total commercial industry. Roofing siding and sheet metal contractors. Bureau of labor statistics occupational employment statistics the median annual wage for roofers was 42 100 in may 2019. Recovery in the commercial and industrial segments are projected to increase in roofing demand.

Get up to speed on any industry with comprehensive intelligence that is easy to read. Market size industry statistics. 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. Banks consultants sales marketing teams accountants and students all find value in ibisworld.

Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld. 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. The following guide to industry information research and analysis provides sources for industry trends and statistics financial ratios salary surveys and more. Here are a few of the top roofing industry trends you should know.

Low slope asphalt and metal roofing combine to account for 24 of the commercial industry. Sic 1761 naics 238160 238170. Select from the following sections or scroll below to view available resources. 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.

Roofing industry statistics and trends. The roofing industry is expected to grow to 5 3 billion over the next several years. 24 distribution of the roofing workforce 55 roofers 4 9 helpers 3 9 construction laborers 3 7 sheet metal workers 1 4 carpenters. 25 us bureau of labor statistics predicted that the employment rate in the roofing industry would grow by 11 by 2026.

In 2014 roofing contractors reported a 12 rise in their field labor costs. 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. Two thirds of employees within the industry are not covered by a health insurance benefit. Roofing offers protection from heat rain and other atmospheric conditions.