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Painting & Wall Covering Contractors
First Research, March 2013, Pages: 10
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Brief Excerpt from Industry Overview Chapter:
Companies in this industry supply manpower and materials needed to paint interior and exterior walls and apply coverings to interior walls of residential and commercial buildings. Major companies include FD Thomas, North American Coatings, and divisions of The Brock Group (all based in the US).
The US painting and wall covering contractors industry includes about 30,000 companies with combined annual revenue of about $15 billion. High growth is forecast for the next two years. Key growth divers include increased home construction and higher demand for renovation and maintenance projects.
Building construction, renovation, and maintenance drive demand. The profitability of individual companies depends on efficiency of operations. Large companies can have advantages in efficiency by working multiple projects concurrently. Small companies can compete effectively by specializing in unusual or difficult applications and providing superior customer service. The industry is labor-intensive: average annual revenue per worker is about $90,000. The industry is fragmented.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major services are painting the interiors and exteriors of buildings, and installing or removing wallpaper (paperhanging). Other services include wall surface preparation and repair. Painters use brushes, rollers, and/or sprayers to apply a base coat of primer and usually two coats of paint. Skilled contractors achieve special finishes by hand or by using paint with texture-creating ingredients like sand. Paperhangers apply sizing to walls and measure and cut wallpaper into long strips. Surface preparation readies walls for paint or wallpaper, typically includes cleaning,...
1. Industry Overview
2. Quarterly Industry Update
3. Business Challenges
4. Business Trends
5. Industry Opportunities
6. Call Preparation Questions
7. Financial Information
8. Industry Forecast
9. Web Links and Acronyms
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