Roofing Industry Statistics

Roofing offers protection from heat rain and other atmospheric conditions.

Roofing industry statistics.

Who knows you may get an idea for updating your own home. Market size industry statistics. Adding to that struggle is increased labor costs and regulation. The median wage is the wage at which half the workers in an occupation earned more than that amount and half earned less.

Find industry analysis statistics trends data and forecasts on roofing contractors in the us from ibisworld. The roofing industry is expected to grow to 5 3 billion over the next several. 17 roofing industry statistics and trends roofing industry statistics and trends. Here are eight roofing industry trends to watch for in 2020.

While it has been around for a while metal roofing may have something of a rebirth in 2020. Industry market size for roofing contractors. The national roofing contractors association estimates that there are 40 000 unfilled positions in the roofing industry. Industry market research reports statistics analysis data trends and forecasts.

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. Get up to speed on any industry with comprehensive intelligence that is easy to read. Bureau of labor statistics occupational employment statistics the median annual wage for roofers was 42 100 in may 2019. Other roofing industry statistics roofing industry in the coming years 1 the roofing industry is expected to grow at a compound annual growth rate cagr of 4 9.

Through 2024 the bls estimates that there will be 15 800 open positions within the us roofing industry paying an average of 17 65 per hour. Seventy four percent of roofers surveyed said that they spent more on labor costs in 2018 about 13 more. It is no longer something reserved for barns or industrial buildings now coming in a wide array of styles and colors. 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.

There are currently over 50 000 establishments engaged in the installation roofing siding and sheet. That s 13 growth which is classified as being faster than average.