Industry Analysis & Industry Trends
The services of the Demolition industry are typically required by building constructors that are planning redevelopments in an area where other structures are in place. Demolition firms can either totally demolish a building or perform a selective demolition, where the shell of the structure is preserved. The industry has been heavily affected by the erratic performance of the construction industry over the past decade. However, demand has surged over the past five years as improving confidence and rising investment supported building developers at the start of the period. The level of activity in the construction sector has grown sharply, expanding the revenue of demolition firms... purchase to read more
Industry Report - Industry Analysis Chapter
The Demolition industry plays a crucial role in the construction sector. Property developers call on demolition contractors to clear out areas with existing structures to make way for new complexes, houses, schools and infrastructure. Work is often cyclical and moves in line with the pace of construction activity, which means that industry revenue is subject to heavy fluctuations.
The biggest boost to the industry over the past five years has been the introduction of government schemes like Help to Buy and Funding for Lending, which have encouraged growth in the construction sector and raised demand for construction work on both residential and business properties. The.. purchase to read more