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Carpentry Contractors in the US
IBISWorld, Sep 2008, Pages: 36
This industry comprises establishments primarily engaged in framing, carpentry, and finishing work. The carpentry work performed includes new work, additions, alterations, and maintenance and repairs. Activities performed by establishments in this industry range from the installation of doors and windows to paneling, steel framing work, and ship joinery. 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.
Introduction
Competition Builds Despite Demand
The relative ease of entry into this industry ensures that competitive conditions remain high during periods of strong demand. On top of this, the number of competitor increases during times of lower demand. This phenomenon occurs when carpenters move to self-employment (as contractors) after leaving employment or apprenticeship with a building firm. However, recovery in the housing construction market will keep demand high.
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