The past year proved nothing short of exciting. The market continued to thrive and bustle with activity in both the new construction and retrofit sides of the business. Even with rumbling speculation about a potential slowdown ahead, the roofing industry experienced growth overall. As we enter 2019, there are, however, two key themes pervading the industry. Both are worth watching, even with the positives they bring.
It’s no secret that numerous companies within the roofing and building products sectors have been consolidating over the past couple of years. Manufacturers, distributors and even contractor companies have all been a part of the trend. In fact, this consolidation activity also spans the construction industry at large. We’ve even seen a spike in the number of production builders being acquired over the past couple of years.