Are you looking to add Roofing to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Roofing statistics of 2023.
My team and I scanned the entire web and collected all the most useful Roofing stats on this page. You don’t need to check any other resource on the web for any Roofing statistics. All are here only 🙂
How much of an impact will Roofing have on your day-to-day? or the day-to-day of your business? Should you invest in Roofing? We will answer all your Roofing related questions here.
Please read the page carefully and don’t miss any word. 🙂
Best Roofing Statistics☰ Use “CTRL+F” to quickly find statistics. There are total 96 Roofing Statistics on this page 🙂
Roofing Market Statistics
- Roof replacements dominate the market in North America and is over 90 percent of the market in both volume (94%) and value (91%).
- Between the years 2015 and 2020, the market size of the roofing contractors industry has grown an average of 2.7%.
- The market size of the Roofing Contractors industry is expected to increase 0.6% in 2023.
- The market size of the Roofing Contractors industry in the US has grown 1.0% per year on average between 2017 and 2023.
- Upwards of 90% of the market is from replacement alone.
- Taking a look at their entire figures, roofers make up about 54 percent of the entire market.
- As a whole, the U.K. market has declined 25 percent since the beginning of the year.
- According to Metal Construction News, metal roofing is now 14% of the residential market.
- For instance, in February 2023, Kingspan acquired 100% shares of THU Perfil SL, a leading Ribarroja company known for its metal ceiling profiles and solutions, to amplify its presence in the Spanish market.
Roofing Software Statistics
- Estimation software is currently used by 57% of roofing professionals, with 43% are utilizing aerial measurement.
- Nearly 60% of roofing professionals currently use estimation software, with another 43% utilizing a tool for aerial measurement.
Roofing Latest Statistics
- Employment of roofers is projected to grow 5 percent from 2020 to 2030, slower than the average for all occupations.
- There is an expected growth of over 4% yearly in the roofing industry and is expected to reach $19.9 billion by 2021.
- The roofing industry is expected to grow at a compound annual growth rate of 4.9%.
- Over 65% of respondents reported growth in both sales and revenue in 2018, and over half expected continued growth.
- 78% of roofing professionals believe the growth of commercial roofing sales will continue to increase into 2021.
- 68% of industry professionals that responded are expecting solar related sales to remain consistent, with only 25 percent expecting the green option to experience significant growth.
- Polymer/synthetics, slate, concrete tile, and wood shakes are all between 14 19% of those expecting future growth.
- 65% of respondents said they’re looking into augmented and virtual reality programs to add to their business.
- 57% are looking into 3 D printing, and 55% said artificial intelligence and predictive analytics could be a part of their business in the future.
- The six largest product segments in the roofing industry represent over 65% of the category value and 70% of the volume.
- 88% of respondents said their company sold single.
- 82% sold commercial metal roofing, and 67% were in roof coatings.
- Single ply roofing is responsible for over 40% of the overall sales revenue annually, while metal and coatings combined represent about 25% of sales.
- 67% of respondents expected consistent revenue from sales in steep slope asphalt shingles, compared to the 60% stating the same through metal roofing.
- About 80% of roofing professionals have experienced a 10% increase in labor costs over the last 2 years.
- About 70% employed full time employees to complete the majority of their projects, while about 20% hired subcontractors on a regular basis.
- 78% of respondents indicated that employee referrals were the best way to find needed workers.
- 63% looked to family and friends for potential employees.
- 49% use online job postings and 43% use social media platforms.
- According to the 2019 US Bureau of Labor Statistics, there were 197,390 roofing contractors employed.
- Distribution of the Roofing Workforce – 55% Roofers 4.9% Helpers 3.9% Construction Laborers 3.7% Sheet Metal Workers 1.4% Carpenters.
- US Bureau of Labor Statistics predicted that the employment rate in the roofing industry would grow by 11% by 2026.
- Employees Size of Establishments 64% 14 Employees 17% 59 Employees 11% 1019 Employees 8% 2049 Employees 2% 5099 Employees .6% 100249 Employees .1% 250 499 Employees .002% 500 or More Employees.
- The median age of roofers is 37.5, while 28 percent of the roofers are above the age of 45.
- Age of Employees – 2.7% 1619 Years 11.4% 20.
- 2534 Years 29.5% 3544 Years 20% 45.
- 55 64 Years 2.3% 65 or Older [CSCE] 29.).
- About 50% of employees are between the ages of 35 and 54 and less than 15% of all employees are 24 or youger.
- Mobile and wearable communication devices are being used by 29% of respondents and is likely to increase greatly.
- Cloud services are being used by 22% of companies, and 18% are utilizing drones.
- 57% of commercial roofing contractors believe that national training and certification programs will help benefit the industry.
- Employment in the roofing industry is expected to grow 5% over the next decade, slower than the average of all sectors.
- As of 2021, there are 108,069 roofing companies in the United States, a 1.6% increase from last year.
- Approximately 11% of roofing related deaths are electrocutions.
- Premiums on workers comp may increase wages by 80% for roofers, varying by State.
- 90% of U.S. asphalt roofs sold are fiberglass shingles.
- 68% of surveyed commercial roofers expect sales to increase in 2021.
- The roofing industry is projected to increase by 4.3% annually until 2030.
- EPS insulation typically contains about 2% of plastic.
- The GSA concludes that green roofs can reduce stormwater runoff up to 65%.
- Branching off the previous stat, here we have one that relays how consistent the growth has been—an impressive average of 2.7% growth each year.
- To show just how impressive this 2.7% is, consider the growth of the automobile in the U.S. during that time, which is consistently fluctuating between around .5% and 1.5% year to year.
- It is expected to grow by about 1% each year.
- A strong 65% of roofers in a recent survey said they experienced growth in both sales and revenue.
- While that does leave 35% who broke even for the year or dipped in sales, the overall industry is still strong.
- Even though it may not seem like roofing companies need to be innovative since their services are relatively straight forward, that hasn’t stopped 65% of roofers from at least thinking about investing in augmented and virtual reality.
- Roofing replacements make up 94% of the total volume in North American roofing projects, as well as 91% of the value.
- Closer to a 50 50 split than we’d like here at Roofing Insights, but 57% of roofing contractors believe that national certification programs are beneficial for the industry.
- DOWNLOAD TO PDF Hail related insured losses between 2000 and 209 averaged between $8 billion to $4 billion a year, according to Aon.
- There were 3,763 major hailstorms in 2021, according to the NOAA’s Severe Storms database State Farm paid out over $3.1 billion in hail claims in 2020, according to an April 2020 analysis by the insurer.
- Most of those losses 70 percent occurred during the last six years of that period.
- In addition to the higher number of claims, the average claim severity during those six years was 65 percent higher than the period 2000 through 2007.
- 40% of all building related problems are due to water intrusion Water intrusion accounts for more than 70% of construction litigation Roofs, on average, last only about half of their designed lifetime.
- Workers in the roofing industry are three times more likely to have a fatal injury than workers in other industries, and about 50 roofers are killed on the job each year.
- Nearly 40% of all fatalities in the construction industry for 2014 were from falls.
- Approximately 11% of work related deaths for roofers are due to electrocution.
- Another worker died after receiving hot tar burns to 15% of his body.
- 40% of Building Related Problems Are Directly Related to Water Intrusion & Damage.
- The U.S. roofing contractors industry growth rate is 3.8% in 2021.
- There are 108,069 roofing contractors businesses in the US as of 2021, an increase of 1.6% from 2020.
- As of right now, there are 108,069 roofing contractors businesses in the US as of 2021, an increase of 1.6% from 2020.
- The total value of replacements is about the same, slightly above 90%.
- But in all, indicators show that roofing demands will increase at a rate of four percent every year, to the tune of over 10 billion dollars in total worth.
- Since 2018, the population of people employed as roofers has increased to over 15 percent.
- Most roofing contractors who participated in the survey were male (86%).
- Sixty four percent of the work these contractors completed in 2018 was residential, and 46% was commercial.
- This year, 65% of the contractors surveyed found that finding qualified workers was their biggest challenge.
- This challenge was a slightly more pressing problem for commercial roofers, 72% of whom agreed than for residential roofers, 62% of whom agreed.
- Seventy four percent of roofers surveyed said that they spent more on labor costs in 2018, about 13% more.
- Only 3% said that they spent less on labor in 2018 than they had in years passed.
- Almost three quarters (73%).
- According to the report, 62% of companies use bonuses and wage increases to incentivize employees.
- While only 28% and 10% of companies focus on providing a friendly work environment and focusing on the availability of hours, respectively.
- Unfortunately, the NRCA found that 52% of roofing contractors have been impacted by the Covid 19 pandemic and quarantine.
- Only 22% of roofers had trouble with their suppliers.
- However, a significant portion of roofers are experiencing other kinds of delays, such as delays on inspections (56%) and local jurisdictions refusing to grant new permits (36%).
- According to the National Roofing Contractor’s Association, already in May, the construction industry added 237,000 net jobs.
- This may explain why 62% of roofers are confident that they will be able to get back to normal business a month after the Covid 19 restrictions are lifted.
- As for their faith in the future of their business, 56% say that they are confident, and 37% of roofers are “very confident” of the same.
- In Roofing Contractor’s report, 22% of roofers reported that they are using drones in their dayto.
- According to a report from Grandview Research, the demand for green roofing is projected to grow 17% every year from 2020 to 2027.
- According to Roofing Contractor, a commercial roof under reactive maintenance costs an average of $.25/S.F. annually and has an average lifespan of 13 years.
- Of the estimated 100,000 thunderstorms that occur each year in the U.S., about 10 percent are classified as severe, according to the National Oceanic and Atmospheric Administration.
- Women make up only 0.5 percent of the roofing professionals in America.
- In Canada, women make up less than 3 percent, according to research from BuildForce and the Government of Canada.
I know you want to use Roofing Software, thus we made this list of best Roofing Software. We also wrote about how to learn Roofing Software and how to install Roofing Software. Recently we wrote how to uninstall Roofing Software for newbie users. Don’t forgot to check latest Roofing statistics of 2023.
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