Roofing, Siding & Insulation Wholesaling in the US - Market Research Report (2014-2029)
New York, United States
Last Updated: August 2024
NAICS 42333Revenue
$74.4bn
Past 5-Year Growth
Profit
$X.Xbn
Employees
52,659
Businesses
2,411
Wages
$X.Xbn
Roofing, Siding & Insulation Wholesaling in the US industry analysis
Roofing, siding and insulation wholesalers sell building materials to general contractors and other professionals who construct, renovate or repair residential and commercial buildings. Despite strong demand from key markets, inflationary and supply chain pressures have negatively affected profit. Rising prices have contributed to revenue growing at an expected CAGR of 1.2% over the five years through 2024, when revenue is expected to total $74.4 billion, rising an estimated 1.3% in 2024 alone. These wholesalers generate most of their revenue from the renovation and remodeling market, contributing to growth over the past five years. In addition to housing, economic and climatic factors, remodeling costs are primarily bolstered by the aging stock of US houses.
Trends and Insights
- Economic uncertainty has slowed home improvements, which thrived prior to 2022. Inflation and high interest rates have made it tough for homeowners to invest in renovations.
- Nonwood roofing products are a leading product. Asphalt shingles, which have dominated the residential sector for years due to their affordability, are a major revenue driver.
- Major tropical storm events in the Southeast increase demand for wholesalers in this region. Areas that are highly susceptible to major tropical storm events have to endure significant damage to roofs and siding.
- Key customers value extra services, including technical advice and same-day delivery. The capacity to deliver goods on time and as required to the customer is very important for building relationships and reputation.
Industry Overview
Market size and recent performance (2014-2029)
Industry revenue has grown at a CAGR of 1.2 % over the past five years, to reach an estimated $74.4bn in 2024.
Trends and Insights
Economic uncertainty has hindered the pace of home improvements
- Remodeling activity is driven primarily by the aging stock of US houses. Older houses, as a rule, need more repair work and drive demand for roofing siding and insulation.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2024-2029)
Market size is projected to grow over the next five years.
Trends and Insights
The housing market will drive demand growth
- As long as mortgage rates remain in their elevated state, demand for industry products will be lower. Mortgage rates will come down in the coming years, however, as the Federal Reserve cuts interest rates.
Biggest companies in the Roofing, Siding & Insulation Wholesaling in the US
| Company | Market Share (%)
2024 | Revenue ($m)
2024 | Profit ($m)
2024 | Profit Margin (%)
2024 |
|---|---|---|---|---|
American Builders & Contractors Supply Co Inc. | 11,141.3 | 547.6 | 4.9 | |
Beacon Roofing Supply, Inc. | 6,421.6 | 441.6 | 6.9 | |
Srs Distribution Inc. | 5,400.0 | 265.4 | 4.9 |
To view the market share and analysis for all 3 top companies in this industry, view purchase options.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Nonwood roofing, Nonwood siding and Insulation materials. Nonwood roofing is the largest segment of the Roofing, Siding & Insulation Wholesaling in the US.
Trends and Insights
Nonwood roofing products account for the bulk of revenue
- Roofing materials in this segment include asphalt shingles, clay tiles, slate and metal.
- More insights available in the full report
Widen you competitive advantage with related industries
Competitors
- Lumber Wholesaling in the US
- Stone, Concrete & Clay Wholesaling in the US
Complementors
- Manufactured Home Wholesaling in the US
- Electrical Equipment Wholesaling in the US
International industries
- Tool & Hardware Wholesaling in Canada
- Hardware Wholesaling in Australia
- Hardware Wholesaling in New Zealand
- Hardware, Plumbing & Heating Equipment Wholesaling in the UK
- Hardware, Plumbing & Heating Equipment Wholesaling in Ireland
Table of Contents
About this industry
Industry definition
This industry wholesales nonwood roofing, siding and insulation material, including asphalt shingles, metal roofing, tarred felt and vinyl siding. These products are primarily used for residential and nonresidential remodeling and renovation. This industry doesn't wholesale wood roofing or wood siding material.
What's included in this industry?
Wholesaling roofing productsWholesaling siding productsWholesaling insulation materialWholesaling other building materialsCompanies
American Builders & Contractors Supply Co Inc.Beacon Roofing Supply, Inc.Srs Distribution Inc.Purchase this report to view all 3 major companies in this industry.
Related Terms
SIDINGINSULATIONCLADDINGIndustry Code
NAICS 42333 - Roofing, Siding & Insulation Wholesaling in the US
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Economic uncertainty has slowed home improvements, which thrived prior to 2022. Inflation and high interest rates have made it tough for homeowners to invest in renovations.
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2014-2023) and forecast (2024-2029)
- Employees, including historical (2014-2023) and forecast (2024-2029)
- Businesses, including historical (2014-2023) and forecast (2024-2029)
- Profit, including historical (2014-2024)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Nonwood roofing products are a leading product. Asphalt shingles, which have dominated the residential sector for years due to their affordability, are a major revenue driver...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2024
- Product innovation level
Charts
- Products & services segmentation in 2024
- Major market segmentation in 2024
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Major tropical storm events in the Southeast increase demand for wholesalers in this region. Areas that are highly susceptible to major tropical storm events have to endure s...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each state
- Share of population compared to establishments in each region in 2024
Tables
- Number and share of establishments in each state in 2024
- Number and share of revenue each state accounts for in 2024
- Number and share of wages each state accounts for in 2024
- Number and share of employees in each state in 2024
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Key customers value extra services, including technical advice and same-day delivery. The capacity to deliver goods on time and as required to the customer is very important ...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2019-2024
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
The top three companies account for almost half of the market. ABC Supply accounts for the single greatest share of the market.
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2020 through 2024
- Major companies in the industry, including market share, revenue, profit and profit margin in 2024
- Overview of American Builders & Contractors Supply Co Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Beacon Roofing Supply, Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
- Overview of Srs Distribution Inc.'s performance by revenue, market share and profit margin from 2018 through 2024
Detailed analysis
- Description and key data for American Builders & Contractors Supply Co Inc., and factors influencing its performance in the industry
- Description and key data for Beacon Roofing Supply, Inc., and factors influencing its performance in the industry
- Description and key data for Srs Distribution Inc., and factors influencing its performance in the industry
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The pricing of roofs and roofing materials fluctuates greatly depending on their availability. Manufacturers of roofing, siding and insulation have struggled to keep up with ...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
- Regulation & Policy historical data and forecast (2014-2029)
- Assistance historical data and forecast (2014-2029)
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
Purchases are the biggest expense in this industry. Establishing multiple relationships with trusted manufacturers that have an inventory of materials helps wholesalers mitig...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2024
- Investment vs. share of economy
Data tables
- Industry Multiples (2017-2022)
- Industry Tax Structure (2017-2022)
- Income Statement (2017-2022)
- Balance Sheet (2017-2022)
- Liquidity Ratios (2017-2022)
- Coverage Ratios (2017-2022)
- Leverage Ratios (2017-2022)
- Operating Ratios (2017-2022)
- Cash Flow & Debt Service Ratios (2014-2029)
- Revenue per Employee (2014-2029)
- Revenue per Enterprise (2014-2029)
- Employees per Establishment (2014-2029)
- Employees per Enterprise (2014-2029)
- Average Wage (2014-2029)
- Wages/Revenue (2014-2029)
- Establishments per Enterprise (2014-2029)
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in the US include:
- US Census Bureau
- US Bureau of Labor Statistics
- US International Trade Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
Frequently Asked Questions
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Roofing, Siding & Insulation Wholesaling in the US industry in United States in 2024?
The market size of the Roofing, Siding & Insulation Wholesaling in the US industry in United States is $74.4bn in 2024.
How many businesses are there in the Roofing, Siding & Insulation Wholesaling in the US industry in 2024?
There are 2,411 businesses in the Roofing, Siding & Insulation Wholesaling in the US industry in United States, which has grown at a CAGR of 1.7 % between 2019 and 2024.
Has the Roofing, Siding & Insulation Wholesaling in the US industry in United States grown or declined over the past 5 years?
The market size of the Roofing, Siding & Insulation Wholesaling in the US industry in United States has been growing at a CAGR of 1.2 % between 2019 and 2024.
What is the forecast growth of the Roofing, Siding & Insulation Wholesaling in the US industry in United States over the next 5 years?
Over the next five years, the Roofing, Siding & Insulation Wholesaling in the US industry in United States is expected to grow.
What are the biggest companies in the Roofing, Siding & Insulation Wholesaling in the US market in United States?
The biggest companies operating in the Roofing, Siding & Insulation Wholesaling market in United States are American Builders & Contractors Supply Co Inc., Beacon Roofing Supply, Inc. and Srs Distribution Inc.
What does the Roofing, Siding & Insulation Wholesaling in the US in United States include?
Wholesaling roofing products and Wholesaling siding products are part of the Roofing, Siding & Insulation Wholesaling in the US industry.
Which companies have the highest market share in the Roofing, Siding & Insulation Wholesaling in the US in United States?
The company holding the most market share in United States is American Builders & Contractors Supply Co Inc..
How competitive is the Roofing, Siding & Insulation Wholesaling in the US industry in United States?
The level of competition is high and steady in the Roofing, Siding & Insulation Wholesaling in the US industry in United States.
