Article by:
Chris Gray
The Home Improvement Research Institute, the nation’s leading nonprofit resource for market research concerning the home and building products industry, forecasted that the roofing and supplies industry will experience compound annual growth over the next four years.
According to its latest forecast, the U.S. building products market will continue building on exponential growth seen in 2020 and 2021. The total market will grow by an additional 2.9% from 2023 through 2025, with the consumer market growing by 2.3% and the professional market growing by 4.6%. This research was conducted in partnership with IHS Markit and released to HIRI members at the end of Q3 in the biannual Home Improvement Products Market Forecast. Read full home services article here.
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