Following the recession, skyrocketing unemployment and subsequent declines in disposable income deterred Americans from investing in new home construction and residential renovations. However, as the economy has improved revenue has rebounded. Over the next five years, falling unemployment and rising property values will encourage greater investment in residential construction activity, which will continue to foster recovery in the housing market and increase demand for industry products. Higher corporate profit will also allow businesses to re-enter the industry, boosting demand for the industry.
Companies in the Stone, Concrete, and Clay Wholesaling industry distribute stone, cement, lime, brick, concrete and other construction materials. These materials are sold to construction contractors or hardware stores. This industry does not include companies that distribute refractory, which are materials that are able to withstand high heat; instead, refractory products are included in the Industrial Supplies Wholesaling industry (IBISWorld report 42384).
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.