NAICS 23817 - Siding Contractors
This industry comprises establishments primarily engaged in installing siding of wood, aluminum, vinyl or other exterior finish material (except brick, stone, stucco, or curtain wall). This industry also includes establishments installing gutters and downspouts. The work performed may include new work, additions, alterations, maintenance, and repairs.
Industry trends:
NAICS 23817, which pertains to Siding Contractors, is witnessing notable qualitative trends influenced by several market dynamics. One of the prominent trends is the increasing demand for energy-efficient and sustainable siding materials. Homeowners and builders are prioritizing eco-friendly options such as fiber-cement, engineered wood, and insulated vinyl, driven by rising environmental awareness and stricter building codes focused on energy efficiency.
Another trend is the integration of smart home technologies with siding solutions. Siding contractors are beginning to offer products that seamlessly integrate with modern smart home systems, such as insulated panels that contribute to temperature regulation and reduce overall energy consumption.
There is also a significant uptick in the use of advanced installation techniques and tools, optimizing both time and cost efficiencies. This includes the utilization of innovative fastening systems that improve durability and reduce labor time. Contractors are increasingly adopting digital project management tools that enhance client communication and project tracking, leading to higher customer satisfaction and streamlined operations.
Looking forward, the siding industry is likely to experience continued growth driven by the rise in residential construction and home renovation projects. Forecasts suggest a steady increase in demand for high-performance siding materials that offer enhanced weather resistance and aesthetic appeal. Additionally, government incentives for energy-efficient home improvements are expected to further stimulate the market, encouraging wider adoption of sustainable siding solutions.
This industry is comprised of:
Aluminum siding installation
Downspout, gutter, and gutter guard installation
Eavestrough installation
Fascia and soffit installation
Flashing contractors
Gutter and downspout contractors
Gutters, seamless roof, formed and installed on site
Ice apron, roof, installation
Metal siding installation
Siding (e.g., vinyl, wood, aluminum) installation
Siding contractors
Vinyl siding, soffit and fascia, installation
Wood siding, installation
This report includes the ability to segment your Industry by:
- Region
- Employees
- Net Sales
- Company Age
- Total Assets
- Ownership Type
With iCFO You Get
What Is iCFO?
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Sound Business Analysis
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
Your Business’ Health In Minutes
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.