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.Final touches: Revenue will rise as nonresidential construction markets return to growth
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
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Methodology
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