Building Finishing Contractors Market By Type (Drywall and Insulation Contractors, Painting and Wall Covering Contractors, Flooring Contractors, Tile and Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors); By Application (Utilities, Commercial, Residential); By Service Provider (Large Chain Companies and Independent Contractors); and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Building Finishing Contractors Market By Type (Drywall and Insulation Contractors, Painting and Wall Covering Contractors, Flooring Contractors, Tile and Terrazzo Contractors, Finish Carpentry Contractors, Other Building Finishing Contractors); By Application (Utilities, Commercial, Residential); By Service Provider (Large Chain Companies and Independent Contractors); and Region – Global Analysis of Market Size, Share & Trends for 2014 – 2019 and Forecasts to 2030
Product Overview
Building finishing contractors consist of firms that offer specific services to finish buildings. The services involved are alterations, repair, maintenance, and additions. Contactors included in this industry are tile and terrazzo contractors, painting and wall covering contractors, flooring contractors, drywall and insulation contractors, finish carpentry contractors, and other contractors. Tile and terrazzo contractors involved in mosaic work, ceramic tile installation, and stone flooring installation. painting and wall contractors provide facilities associated with interior or exterior painting such as house painting, hanging wallpaper, and bridge painting. Drywall and insulation contractors are involved in the plasterwork, firestop services, and building insulation. finish carpentry contractor's work includes door and window frame construction, garage door installation, and countertop installation. Other building finishing contractors perform a task related to drapery fixture installation, bathtub refinishing, and dismantling.
Market Highlights
Global Building Finishing Contractors market is expected to project a notable CAGR in 2030.
Global Building Finishing Contractors market to surpass USD XXXX million by 2030 from USD XXXX million in 2019 at a CAGR of XX.X% throughout the forecast period, i.e. 2020-30. Global Building Finishing Contractors market is expected to observe a growth in future owing to technological advancements and the changing lifestyle of people. The multi-featured product offerings by the building finishing contractors may have a positive impact on the market growth. Furthermore, the mounting population coupled with the rising disposable income is projected to increase the market.
Global Building Finishing Contractors Market: Segments
Drywall and Insulation segment to grow with the highest CAGR during 2020-30
Global Building Finishing Contractors market is segmented by type into drywall and insulation contractors; painting and wall covering contractors; flooring contractors; tile and terrazzo contractors; finish carpentry contractors; other building finishing contractors. The drywall and Insulation segment held the largest market share of XX.X% in the year 2019 and is expected to dominate the global market throughout the forecast period. Drywall is the huge stiff sheet of finishing material used in drywall construction. It is affordable than plaster walls which makes it popular for homeowners. Also, it easy to install and repair
Commercial segment to grow with the highest CAGR during 2020-30
Global Building Finishing Contractors market is segmented by application into utilities, commercial, residential. The commercial segment held the largest market share of XX.X% in the year 2019 and is expected to maintain this trend throughout the forecast period. Demand from commercial construction is likely to rise on account of improved consumer expenditure and increasing corporate profit. The Building Finishing Contractors industry is anticipated to benefit from persistent improvements in major downstream building markets.
Market Dynamics
Drivers
Advancement in Technology and Innovation
To improve labor productivity cost control, and safety the building finishing contractors are rapidly utilizing digital technologies such as RFID tagging, smartphones, and software. The RFID tagging is primarily used to track field personnel and for material handling. The smartphones assist the workers in reporting files about the building progress and share data on job sites. To deliver the construction-specific services to the contractors some mobile apps like Labor Sync, Red-Trac, and Timesheet Mobile are available.
Change in Lifestyle
With the change in lifestyle and the significant rise in disposable income the demand for building finishing contractors is increasing. To give attractive finishing to the buildings and home and to enhance their aesthetic qualities the market for building finishing contractors is expected to grow. The foremost type of finishing work includes plastering, painting, wallpapering, and flooring.
Restraints
Safety and Health Concern
Issues regarding safety and health are one of the major worries in the building finishing industry. tasks such as handling loads manually, working in confined spaces, handling hazardous materials, and contact to live electric wires are anticipated to hamper the market over the forecast period.
Global Building Finishing Contractors Market: Key Players
API
Company Overview
Business Strategy
Key Product Offerings
Financial Performance
Key Performance Indicators
Risk Analysis
Recent Development
Regional Presence
SWOT Analysis
Performance Contracting
Cleveland Construction
Irex Corp Of Lancaster
Other Prominent Players
Global Building Finishing Contractors Market: Regions
Global Building Finishing Contractors market is segmented based on regional analysis into five major regions. These include North America, Latin America, Europe, Asia Pacific, and Middle East, and Africa.
Global Building Finishing Contractors market in Asia Pacific held the largest market share of XX.X% in the year 2019. The continuation of the development process and adoption of innovative technologies in this region is estimated to boom the growth of the building finishing contractors market. Moreover, rising population and urbanization are expected to bolster the market. Europe will witness an expansion in the growth in the global market followed by APAC and EMEA.
Global Building Finishing Contractors market is further segmented by region into:
North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United States and Canada
Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil, and Rest of Latin America
Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey, and Rest of Europe
APAC Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia, and Rest of APAC
MENA Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa, and Rest of MENA
Global Building Finishing Contractors market report also contains analysis on:
Building Finishing Contractors Market Segments:
By Type
Drywall and Insulation Contractors
Painting and Wall Covering Contractors
Flooring Contractors
Tile and Terrazzo Contractors
Finish Carpentry Contractors;
Other Building Finishing Contractors
By Application
Utilities,
Commercial
Residential
Others
By Service Provider
Large Chain Companies
Independent Contractors
Building Finishing Contractors Market Dynamics
Building Finishing Contractors Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies Involved in the Market
Value Chain of the Market
Market Drivers and Restraints
Contents
1. Executive Summary
2. Global Building Finishing Contractors Market
2.1. Product Overview
2.2. Market Definition
2.3. Segmentation
2.4. Assumptions and Acronyms
3. Research Methodology
3.1. Research Objectives
3.2. Primary Research
3.3. Secondary Research
3.4. Forecast Model
3.5. Market Size Estimation
4. Average Pricing Analysis
5. Macro-Economic Indicators
6. Market Dynamics
6.1. Growth Drivers
6.2. Restraints
6.3. Opportunity
6.4. Trends
7. Correlation & Regression Analysis
7.1. Correlation Matrix
7.2. Regression Matrix
8. Recent Development, Policies & Regulatory Landscape
9. Risk Analysis
9.1. Demand Risk Analysis
9.2. Supply Risk Analysis
10. Global Building Finishing Contractors Market Analysis
10.1. Porters Five Forces
10.1.1. Threat of New Entrants
10.1.2. Bargaining Power of Suppliers
10.1.3. Threat of Substitutes
10.1.4. Rivalry
10.2. PEST Analysis
10.2.1. Political
10.2.2. Economic
10.2.3. Social
10.2.4. Technological
11. Global Building Finishing Contractors Market
11.1. Market Size & forecast, 2019A-2030F
11.1.1. By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
11.1.2. By Volume (Billion Units) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12. Global Building Finishing Contractors Market: Market Segmentation
12.1. By Regions
12.1.1. North America:(U.S. and Canada), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa), By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2. By Type: Market Share (2019-2030F)
12.2.1. Drywall and Insulation Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.2. Painting and Wall Covering Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.3. Flooring Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.4. Tile and Terrazzo Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.5. Finish Carpentry Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.2.6. Other Building Finishing Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3. By Application: Market Share (2019-2030F)
12.3.1. Utilities, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.2. Commercial, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.3.3. Residential, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4. By Service Provider: Market Share (2019-2030F)
12.4.1. Large Chain Companies, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
12.4.2. Independent Contractors, By Value (USD Billion) 2019-2030F; Y-o-Y Growth (%) 2020-2030F
13 Company Profile
13.1. APi
13.1.1. Company Overview
13.1.2. Company Total Revenue (Financials)
13.1.3. Market Potential
13.1.4. Global Presence
13.1.5. Key Performance Indicators
13.1.6. SWOT Analysis
13.1.7. Product Launch
13.2. Performance Contracting
13.3. Cleveland Construction
13.4. Irex Corp of Lancaster
13.5. Other Prominent Players
14 Consultant Recommendation
**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Market Position of Top Company |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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