When projecting sales trends for 2023, both residential and commercial contractors anticipate solar to decline. It may be difficult to maintain that momentum judging from survey results. That said, commercial contractors said solar sales increased by 71% in 2022, by far the highest category jump in the survey, ahead of spray polyurethane foam (59%), coatings (52%) and metal (51%). Only 20% of residential and 11% of commercial contractors list it as a source of revenue – lower than last year’s 25% and 17%, respectively. Solar continues to generate a lot of buzz, but it isn’t a primary source of revenue for roofing contractors as of yet. Though overall sales remained in the single digits (8%) the number of commercial roofing contractors in the survey using coatings exceeded 60% – surpassing both low-slope and steep-slope asphalt for the first time in RC’s survey. For commercial sales, the remaining top five are coatings (66%), low-slope asphalt (64%) and steep-slope asphalt shingles (44%). Rounding out the top five products for residential are single-ply roofing (73%), low-slope asphalt (59%) and coatings (57%). These are followed by structural standing seam (19%) and metal architectural products like shingles and tiles (15%). Roof edge and gutter systems are next, comprising 21% of residential metal sales and 34% of commercial metal sales. When broken down further, architectural standing seam is the most popular product (38%) on both sides of the industry, which was also last year’s top metal product. These are slightly higher than last year’s results (78% and 81%), suggesting more consumers are looking toward the sustainability that metal provides. On both the residential and commercial sides, metal roofing is the second best revenue generator at 81% and 82%, respectively. Just as many (72%) said they anticipate growth in total sales volume next year, and another 79% anticipate growth through 2025. That seemed to fuel optimism for the near future. Survey respondents on the commercial side were largely pleased with sales volume growth from 2021, including 72% that reported increased sales over the past year. This is slightly lower when compared to last year, where 80% expected sales to increase. A total of 74% anticipate their sales will increase through 2026. Residential contractors are optimistic about the next three years, though less so than last year. Only 18% expect their sales to stagnate in the coming year, while 11% anticipate their sales to slump. When looking forward, the exact same percentage anticipate 2023’s sales to increase over 2022. Of those who are primarily residential contractors, 71% expected their sales to slightly or greatly increase from 2021. Call us today to learn more about our low-slope roofing options for your home.Metal roofing is the second best revenue generator at 81% for residential and 82% for commercial. Our experienced roofers know exactly how this should be done, even on tricky installations. When you are roofing your home, never trust an inexperienced contractor to do this correctly. The tie-in between a shingle roof and low-slope roof section is a very common leaking area. We offer many options that will compliment your home and keep your family cool and dry. Dark colors absorb heat and transmit it through to the interior of your home, while lighter colors will reflect them back away. Residential Cool Roofing:Ī cool roof system for your residential low-slope roof will help you cut cooling costs by reflecting the sun's damaging rays back away from the structure. We offer options that will lower cooling costs for your addition or entire home, and we will walk you through the process and help you accomplish your goals. We are well versed in tying in your existing shingle roof with a low-slope roof on an addition or patio. Many homes were designed and built with flat roofs, and many more have additions that utilize low-slope roofing. A low-slope roof on homes is much more common than you may think.
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