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

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

  • November 2020
  • 50 pages
  • ID: 170942
  • Format: PDF
  • Ibisworld

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Clear view: Rebounding construction industries will drive demand for glass work

Abstract

Glass & Glazing Contractors in the US

The Glass and Glazing Contractors industry exhibits a low level of market share concentration, similar to other specialty contractor trade industries. In 2019, the top four largest operators are anticipated to collectively generate under 10.0% of annual industry revenue, indicating low market share concentration. While there are no major players in this industry, notable companies include Enclos Corp., Benson Industries Inc. and W&W Glass LLC.

Industry characterized by minimal consolidation efforts

Over the five years to 2019, the industry has continued to be defined by minimal merger and acquisition activity amongst key operators. The industry is characterized by low barriers to entry as industry operations do not require extensive specialist skills or a large degree of capital outlays. Furthermore, the industry contains a high number of individual participants, many of whom operate on a nonemployer basis. These industry characteristics enable many industry operators to compete locally on the bases of price and quality of service.

Quality and speed drive internal competition
Glass and glazing contractors compete primarily on the basis of quality of service. Consequently, most contractors rely on a strong reputation for quality work for garnering new contracts, with many smaller contracts awarded based on a positive word-of-mouth recommendation. Furthermore, operators may achieve a competitive advantage by providing 24-hour service with emergency on-call availability. These features may enable contractors to establish a close relationship with insurance companies, providing a steady stream of maintenance and repair work.

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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