Raise the roof: Rising corporate profit is expected to encourage business expansion, spurring industry demand

Although the five years to 2019 covered a host of significant macroeconomic events, the Roofing Contractors industry in Canada has, all things considered, performed well. Demand from nonresidential markets started out strong, since investment in energy sector structures was high. However, the collapse in commodity prices and the ensuing recession in commodity-reliant provinces hampered investment in nonresidential construction. With a growing number of energy-efficient and sustainable materials available in the market, many provinces have tightened their building codes to promote their use. Tax subsidies and operating cost savings from offering more sustainable products have also supported this trend...read more.

Industry Statistics & Market Size
Revenue
$9bn
Annual Growth 14-19
-0.3%
Forecast Growth 19-24
Profit
Employment
28,474
Businesses
9,034
Market Share of Companies
There are no companies with a dominant market share in this industry

Industry Threats & Opportunities

  • The ensuing recession in commodity-reliant provinces hampered investment in nonresidential construction
  • There has been a shift in sentiment toward nontraditional roofing systems
  • Oil continues to remain a crucial input for the Canadian economy
  • Industry Report - Industry Key Buyers Chapter

    The Roofing Contractors industry in Canada has a low level of market share concentration, with the top four operators accounting for less than 5.0% of total industry revenue in 2019. The largest industry operator, Flynn Canada Ltd., commands only 2.0% of the market, with all other operators accounting for under 1.0% of revenue. According to Statistics Canada, most industry establishments (79.3%) employ fewer than 10 people, while an estimated 98.3% have fewer than 50 workers.Over the five years to 2019, the industry has grown slightly more concentrated. Tough operating conditions stemming from the collapse in commodity prices during the period led to weak demand for commercial investment, despite also alleviating purchase costs. Thi...purchase to read more.

    Additional Insights for the Roofing Contractors Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Roofing Contractors Industry are

  • Having a good reputation
  • Having contacts within key markets
  • Proximity to key markets
  • IBISWorld analysts also discuss how external factors such as Residential renovation expenditure and Housing starts in the Roofing Contractors industry impact industry performance..

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    What's in this report

    What is the Roofing Contractors Industry?

    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.

    Industry Products
  • Steep-slope roofs
  • Low-slope roofs
  • Single-ply roofs
  • Industry Activities
  • Installing ceramic or concrete tiles, slate or shingles
  • Installing single-ply, built-up, metal, liquid and modified bitumen roofing systems
  • Installing, repairing and replacing gutters and downpipes
  • Installing sheet metal
  • Replacing broken tiles and shingles
  • Securing flashings and cappings and repairing leaks
  • Repairing capping in cement or acrylic mortar
  • Applying roof sealer compounds and cleaning existing roof materials
  • Installing engineered wood, brick, vinyl, aluminum and fibre cement siding
  • Installing soffit under easement fascias
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Residential renovation expenditure
  • Housing starts
  • Value of nonresidential construction
  • Corporate profit

  • Current Performance
  • Nontraditional systems becoming more traditional
  • Weather effects
  • Profit expands, prices of inputs falls
  • Chart: Revenue Growth

  • Industry Outlook
  • Commodity price puzzle
  • Green renovations raise revenue
  • Table: Roofing Contractors Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Roofing Contractors Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Homebuilders in Canada
  • Apartment & Condominium Construction in Canada
  • Industrial Building Construction in Canada
  • Educational Services In Canada
  • Commercial Building Construction in Canada
  • Municipal Building Construction in Canada
  • Remodelling in Canada

  • Key Selling Industries
  • Aluminum Manufacturing in Canada
  • Asphalt Manufacturing in Canada
  • Construction & Forestry Equipment Wholesaling in Canada
  • Other Plastic Product Manufacturing in Canada
  • Wood Panelling Manufacturing in Canada

  • Products & Services
  • Steep-slope roofs
  • Single-ply roofs
  • Other
  • Low-slope roofs
  • Chart: Roofing Contractors Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Residential
  • Commercial
  • Institutional
  • Industrial
  • Chart: Major Market Segmentation for the Roofing Contractors Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
    WagesPurchasesProfitDepreciationMarketingRentUtilitiesOther
  • Chart: Cost Structure Benchmarking – Sector vs Roofing Contractors

  • Basis of Competition
    Internal competitionExternal competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Roofing Contractors Industry

  • Industry Globalization
    There are no major players in this industry. This report includes analysis of other companies.
    Capital Intensity
  • Chart: Level of Capital Intensity for the Roofing Contractors Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Roofing Contractors Industry
    Includes:
  • Industry Revenue (2010-2024)
  • Industry Gross Product (2010-2024)
  • Establishments (2010-2024)
  • Businesses (2010-2024)
  • Employment (2010-2024)
  • Wages (2010-2024)
  • Wages (2010-2024)
  • Purchases (2010-2024)
  • Profit (2010-2024)
  • Depreciation (2010-2024)
  • Marketing (2010-2024)
  • Rent (2010-2024)
  • Utilities (2010-2024)
  • Other (2010-2024)
  • Residential Renovation Expenditure (2010-2024)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Leadership In Energy And Environmental Design
  • An environmental building certificate program that was established under the Canada Green Building Council and certifies buildings that meet energy-efficiency and green requirements.
  • Shingle
  • A thin oblong piece of material, usually wood, slate or asphalt, used in overlapping rows to cover the roof or sides of a building.
  • Siding
  • Products used for surfacing or cladding the exterior walls of buildings such as timber, vinyl sheeting or shingles.
  • What Our Customers Say

    Why buy this report?

    The Roofing Contractors market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Roofing Contractors:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Roofing Contractors market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Roofing Contractors, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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