Roofing Industry 2018

Roofing contractors are also facing higher worker costs in 2018 according to the roofing contractor s report.

Roofing industry 2018.

Every year the national roofing contractors association nrca hosts the international roofing exposition ire. The expected increase in metal roofing sales in 2018 surged to 60 percent the highest amount recorded by rc survey respondents since 2012. Professional contractors asphalt shingle manufacturers and makers of other roofing products from across north america discuss topics of interest to both contractors and homeowners such as trends in the roofing industry. Three quarters of residential roofers and nearly 90 percent of commercial roofing.

I believe the growth will continue. X x lock purchase this report or a membership to unlock the average company profit margin for this industry. Recovery in the commercial and industrial segments are projected to increase in roofing demand. The residential roofing market is expected to grow as more of the nation s older.

Using 2017 as a baseline year the report provides forecasts through 2020 and draws upon interviews with 650 manufacturers. Specifically in 2018 roofing contractors indicated that they generally felt good about the state of the roofing industry since the economy continued showing signs of progress as highly anticipated changes to federal regulations and unprecedented tax cuts under the new presidential administration settled in. The metal roofing 2018 industry report includes market demand by census region and division and is segmented by product type metal substrate finish and fastener as well as by construction market residential versus commercial construction type new versus repair and remodel building type and distribution channel. Roofing industry statistics and trends the roofing industry is expected to grow to 5 3 billion over the next several years.

Roofing industry outlook for 2018 and beyond 4 notable roofing trends to watch. The performance of metal roofs also seems to be having an impact on contractors and facility owners. Roofing contractor recently released its annual state of the industry report and survey 2018. Roofing contractors in the us industry trends 2015 2020 roofing contractors in the us industry outlook 2020 2025 poll average industry growth 2020 2025.

The survey which has been conducted for the past 10 years to gauge the status of the north american roofing industry examines trends products technology and challenges.