The Paving Contractors industry struggled to come out of the recession, but the five years to 2020 will be characterized by a more complete economic recovery, with both the residential and commercial segments contributing strongly and organically to industry growth. Continued low interest rates and the release of pent-up demand will encourage new housing construction. Further adding to revenue growth, as consumers' incomes rise, there will be a growing use of higher-end materials, such as concrete and stones, bolstering operators' profit margins.
This industry is composed of establishments that specialize in the paving of residential and commercial driveways and parking areas. Establishments in this industry typically use asphalt, concrete or brick when performing their paving services.
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.