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Glass & Glazing Contractors in the US - Industry Market Research Report

  • April 2016
  • 32 pages
  • Ibisworld
Report ID: 170942

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Glass menagerie: Rising investment in construction will provide ample demand for the industry



Abstract

Glass & Glazing Contractors in the US

The five years to 2016 marked an inflection point for the Glass and Glazing Contractors industry. Rapidly recovering residential construction markets as well as growing corporate profit and consumer spending helped to finally boost industry revenue after it struggled to grow in the early years of the period. The industry's largest contractors specialize in installing glass curtain walls and exterior facades on office buildings and other commercial property, which usually constitute lucrative contracts. Smaller operators specialize in residential markets and emergency glass repair. Thanks to solid recoveries in most of these markets, operators were able to raise prices, and thus, profit margins over the period. In the five years to 2021, the industry is projected to continue expanding, albeit at a slower pace. With the total value of construction projected to surpass its prerecession levels, the rapid growth industry operators enjoyed in the five years to 2016 will be harder to maintain.

Companies in this industry select, cut and install glass panels for large windows, glass doors, skylights, curtain walls and sunroom additions in all types of buildings; they also install window panes. The glasswork performed includes new work, additions, alterations, maintenance and repairs. This industry does not install, tint or repair automotive glass and it does not install prefabricated window units.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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