Roofing Industry Growth Continues To Increase, According To Data
roofing contractor profit marginsFor the fourth consecutive year, new home construction and storm-related damage repairs, increased profitability for U.S. roofing contractors. Plus, increases of sales are in the double digits again! According to the 12-month report ending in May from financial company Sageworks, sales among private roofing contractors have increased and average of 14 percent in the last 12 months.
Sales already increased 15 percent in 2016, then growth slowed to 13.5 percent in 2017. Still, even in the 12 months ending in 2017, they noted growth. Now growth continues and it continues to rise at an increasing rate again.
Thanks to new technologies, the profit margins also increased. This is great news for the roofing industries and the roofing contractors across the nation.
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Check out our synthetic thatch roofing materials now. One is certainly right for you:
- Capetown– A trimmed, coarsely textured, longer reed. Replicates African Yellow Grass or “Cape Reed” that replicates the typical African style thatching.
- Kilimanjaro– A heavy reed replicating a traditional weathered, Tanzanian cape reed roof.
- Somerset– A closely tapered, slightly weathered appearing shingle. Replicates a typical, hand trimmed European thatching.
- Kona– A combination of wide leaf and smaller grass reed. Replicates the look of Hawaiian “Pili Grass” and Asian Alang-Alang grass thatching.
- Dominica– A synthetic palm leaf style thatching. Replicates palm leaves commonly used in tropical regions throughout the world.
- Bali– A finer, loosely tapered, slightly longer shingle designed to resemble the appearance of East Asian grass thatching.
- Viva Series– An especially economical synthetic palm thatch.
We’d love to show you how Endureed can provide you with your perfect synthetic thatch product.
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So, call us at 877-784-2824, or get in touch with us online. Also, view the technical specs on each of our roofing products.