The collapse of the housing market took a toll on industry demand in the past five years. Business structures have changed in order to contest weak activity in downstream construction sectors. In the next five years, improved industry performance will be driven by an increase in the number of housing starts and significant recovery in the commercial and industrial markets. A larger pool of contracts to compete for will encourage operators to normalize pricing strategies, helping rebuild profit margins.
This industry comprises establishments that specialize in a wide range of construction work, including swimming pools, fences, house moving, waterproofing, dampness proofing, fireproofing and sandblasting. Participants may also install or remove antennas, artificial turf, awnings, counter tops, fire escapes, gasoline pumps, ornamental metal, shoring systems, erect signs on buildings, or engage in posthole digging, radon remediation and scaffolding work.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.