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Building Finishing Contractors in the US - Industry Research Report

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  • 49 Pages
  • January 2024
  • Region: United States
  • IBISWorld
  • ID: 4721769

Final touches: Revenue will rise as nonresidential construction markets return to growth

Residential and nonresidential building markets determine the performance of building finishing contractors. Growth in residential building construction activity was a boon to building finishing contractors for new and existing structures. Falling nonresidential building construction activity offset gains in the residential market. Overall, industry-wide revenue declined at a CAGR of 1% to $16 billion over the past five years, including 0.6% in 2023, as housing starts and private spending on home improvements plummeted because of interest rate hikes.

Operators in this industry are primarily engaged in building finishing trade work (except drywall, plaster and insulation work; painting and wall covering work; flooring work; tile and terrazzo work; and finish carpentry work). The work performed may include new work, additions, alterations, maintenance and repairs.

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.

Table of Contents

About This Industry
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources
Industry at a Glance
Industry Performance
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle
Products & Markets
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations
Competitive Landscape
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization
Major Companies
Operating Conditions
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance
Key Statistics
  • Industry Data
  • Annual Change
  • Key Ratios
Jargon & Glossary

Companies Mentioned

A selection of companies mentioned in this report includes:

  • CentiMark Corporation
  • GCP Applied Technologies Inc.
  • Valcourt Building Services LLC
  • Kalkreuth Roofing & Sheet Metal Inc.
  • Letner Roofing Co.
  • Everclear Enterprises Inc.
  • Liberty Waterproofing Services
  • Allied Roofing & Waterproofing Inc.
  • ArmaCo Construction Inc.