Through the roof: Rising demand from new housebuilding is set to boost industry revenue
Roofing contractors serve the construction sector, so trends in revenue are influenced mainly by procyclical commercial and residential construction trends. Revenue has displayed a degree of year-on-year volatility off the back of turbulent economic conditions. Nonetheless, recovering construction activity has contributied to revenue climbing at a compound annual rate of 1.1% over the five years through 2023-24, including growth of 2.9% in the current year, to £6.1 billion. The industry's average profit margin is expecetd to be 11.6% in 2023-24.
Operators in the industry specialise in erecting roofs and installing covering materials. The industry also includes companies that carry out repairs and maintenance. It does not cover renting construction machinery and equipment.
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.
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