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Painting & Decorating Franchises - Industry Market Research Report

  • April 2016
  • 32 pages
  • Ibisworld
Report ID: 2573470

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Fresh coat: Recovery in the housing construction market will revive demand for painting services



Abstract

Painting & Decorating Franchises

Over the past five years, the resurgence in construction activity in both the residential and nonresidential markets has helped the industry expand, as a growing stock of new homes and commercial space provided a steady stream of work for industry operators. Over the next five years, the industry is expected to continue growing, albeit at a slower pace. A strong recovery in the housing market and increased construction activity on nonresidential buildings will continue to drive demand for painting services. Additionally, lower unemployment and growing disposable income will increase demand from consumers for home improvement projects.

This industry is responsible for interior or exterior painting and wall covering. Work done includes new work, alterations, maintenance and repairs, but does not include interior design services. The Business Franchise collection focuses solely on franchised outlet operations and excludes nonfranchise data. It shows the number of franchise outlets, total franchise revenue and the average profit margin franchisees earn. Our reports also highlight the largest franchisors by market share.

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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