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Glass & Glazing Contractors in the US: Market Research Report

Post Time:Sep 05,2012Classify:Industry NewsView:119

IBISWorld’s Glass & Glazing Contractors market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Industry Analysis & Industry Trends

A clearer outlookHaving made it through the recession, glass and glazing contractors now have a recovery to look forward to. Both the residential and nonresidential building markets are forecast to grow over the coming years, and demand for glass and glazing services will consequently follow. Demand from institutional buildings like hospitals and educational facilities will continue to be solid, while the renewed demand from the residential sector will significantly benefit the industry's many small-contractors, which were hard-hit by the housing slump....

Industry Report - Starting a New Business Chapter

The industry has relatively low barriers to the entry of new competitors, although most new entrants will encounter some difficulty competing with existing contractors that have an established reputation within a local area. New entrants may encounter difficulties obtaining a foothold in a local market due to the established relationships between the existing contractors and local commercial building companies and property managers.The costs of business startup may prove a barrier to the entry of very small operators into this industry as most establishments need floor space to store and process glass products prior to installation. In addition, contractors may need specialist fabrication equipment and vehicles for transporting large sheets of flat glass...

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Source: http://www.glassonweb.com/news/index/16913/Author:

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