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 outlook Having 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
This industry has a low capital intensity and a high degree of labor intensity. The majority of industry participants confines their operations to supplying a mobile repair and installation service and requires specially equipped vehicles for transporting glass sheets and rudimentary storage/workshop space. The large scale glazing operators often undertake in-house fabrication and typically have a higher level of sunken capital than the bulk of industry participants.
What is the Glass & Glazing Contractors Industry?
Companies in this industry primarily select cut and install glass panels for large windows, glass doors, skylights and sunroom additions in all types of buildings. The glasswork performed includes new work, additions, alterations, maintenance and repairs. This industry does not include the installation, tinting and repair of automotive glass.
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