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 Investment Chapter
IBISWorld determines the capital intensity of an industry by comparing capital costs and wage costs. The Demolition industry has a moderate level of capital intensity. Direct labour costs make up a substantial amount of revenue for operators because they require employees such as labourers and engineering contractors. However, operators' capital costs are also high, making the industry relatively capital intensive compared with other specialised construction industries. The industry's key capital requirements include balling machines, pulverisers and heavy earthmoving equipment. Depreciation accounts for an estimated 6.1% of industry revenue and generally comes from the purchase of heavy machinery.
Based on their capital-to-labour ratio, for every £1.00 s.. purchase to read more