CLEVELAND, June 27, 2019 /PRNewswire/ -- As discussed in the study Roofing Accessories, "The roofing industry – like many other construction trades – faces a shortage of skilled workers."
The main factors contributing to the shortage include:
- older roofers aging out of the profession
- younger generations showing less inclination to enter traditionally blue-collar careers
- government policies that have made it more difficult to find and hire immigrant workers
These conditions are not expected to change in the short term – roofing contractors will continue to have trouble finding qualified employees and will therefore need to find alternative solutions to avoid turning down jobs or increasing the time needed to complete them.
This shortage of trained installers is a concern to suppliers of roofing accessories given the labor-intensive nature of most roofing work. In response, roofing accessory manufacturers are working to develop products that can be quickly installed by workers with moderate skill levels. These products include:
- underlays with peel-and-stick self-adhesive backings
- asphaltic- and plastic-backed tapes that can be used as flashing
- roofing compounds that do not require significant preparation (e.g., curing or heating) prior to installation
US demand for roofing accessories is projected to advance 3.6% annually to $6.5 billion in 2023, fueled by increases in roofing activity. According to analyst Matt Zielenski, "As you might expect, the leading driver of roofing accessories demand is roofing activity – as roofs are constructed or repaired, the use of related accessories – such as fasteners, underlayment, and roofing compounds – also increases."
More information about the study is here: https://www.freedoniagroup.com/industry-study/roofing-accessories-3706.htm
Roofing Accessories (published 05/2019, 255 pages) is available for $5400 from The Freedonia Group.
About The Freedonia Group, a division of MarketResearch.com – The Freedonia Group is a leading international industrial research company publishing more than 100 studies annually. Since 1985, we have provided research to customers ranging in size from global conglomerates to one-person consulting firms. More than 90% of the industrial companies in the Fortune 500 use Freedonia Group research to help with their strategic planning. The Construction & Building Products studies page is here: https://www.freedoniagroup.com/industry-category/build/construction-building-products.htm.
SOURCE The Freedonia Group