Like many construction-related fields, the House Painting and Decorating Contractors industry has recovered and expanded over the past five years. The recovery of the US economy, along with increased housing demand, caused a rise in demand for industry services across residential construction markets. The single-family housing sector, a key source of industry revenue, was especially supportive. In the coming years, rising demand and a healthy expansion in housing construction activity are expected to be the main growth drivers for industry revenue over the next five years. Lower unemployment, along with higher disposable income levels, will increase demand for industry services.
This industry provides interior and exterior painting services for homes and apartment buildings. Industry operators also provide wall covering services. Contractors may perform new work, additions, alterations, maintenance and repairs.
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.