A recent report compiled by TechNavio may be good news for those in the roofing industry, as it seems to indicate reason to be optimistic about where the industry is heading. The report, entitled the Roofing Market in the US 2014-2018, predicts that the roofing market in the United States will grow at a rate of 6.63% from now until 2018.
The researchers cited repairs and rebuilding needed as a result of hurricanes and other natural disasters as one major factor contributing to that growth.
Of course, this is no guarantee of how the industry or a particular segment of it may actually fare in the near future. The outlook is just a forecast based on research and analysis (basically, an educated guess based on solid statistics), but it definitely does seem to offer plenty of reason to be hopeful about the state of the market over the next few years.
Assuming the prediction does turn out to be accurate, roofing professionals should make sure they are prepared to handle this increase in demand for their services. That means they need to take stock of their current inventory of equipment, and take steps to fill in any gaps they may have.
Contractors who need to fill some holes in their equipment inventory can find what they need at Intech Equipment & Supply.