The global building finishing contractors market is on a strong growth trajectory and is expected to surpass $2 trillion by 2030, fueled by rising construction activity, renovation demand, and the rapid adoption of sustainable and digital building solutions, according to a new report from Research and Markets.
The newly released “Building Finishing Contractors Market Report 2026” provides updated forecasts and analyzes the impact of international developments shaping the sector. The report highlights market size, competitive dynamics, emerging trends, and long-term growth opportunities across residential, commercial, and infrastructure projects.
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The market is projected to grow from $1.47 trillion in 2025 to $1.57 trillion in 2026, reflecting a compound annual growth rate (CAGR) of 6.5%. This growth is being driven by increased residential construction, a surge in home renovation and remodeling projects, and continued upgrades to commercial buildings.
Additional momentum is coming from rising demand for insulation, drywall installation, and finish carpentry, along with sustained investments in interior upgrades and building modernization. Finishing contractors remain a critical component of the construction value chain, delivering essential services such as painting, flooring, roofing, insulation, plumbing, and electrical work that bring projects to completion.
Looking ahead, the market is forecast to reach $2.06 trillion by 2030, expanding at a CAGR of 7.1%. Long-term growth is expected to be supported by increasing use of sustainable materials, energy-efficient insulation, and low-VOC paints, as well as the growing adoption of prefabricated finishing systems.
Digital transformation is also reshaping the sector. Contractors are increasingly using digital project estimation tools, procurement platforms, and mobile applications to improve efficiency, reduce waste, and streamline project management. Market trends indicate a growing preference for high-quality interior finishes, modern flooring systems, and advanced carpentry solutions, particularly in commercial and mixed-use developments.
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Broader construction industry growth continues to underpin market expansion. In the United Kingdom, for example, total construction output increased by 0.4% in 2024, supported by an 8.5% rise in repair and maintenance activity, underscoring the importance of finishing work in sustaining construction volumes.
Major industry players such as Fletcher Building Ltd. and Sherwin-Williams Company are leveraging innovation and technology to enhance operational efficiency. Digital procurement platforms like the Building Material Platform app are helping contractors manage sourcing and logistics more effectively. Meanwhile, platforms such as Mistry.Store, launched in 2023, are enabling professionals to place orders and manage projects through integrated digital tools.
Consolidation is also shaping the competitive landscape. In November 2024, Shawmut Design and Construction acquired First Finish, strengthening its renovation capabilities and expanding its footprint in the hospitality construction segment.
The report provides in-depth analysis across multiple dimensions, including market characteristics, supply chain dynamics, regulatory frameworks, total addressable market (TAM) estimates, and regional performance. It also examines geographic expansion trends, including supply chain realignment and manufacturing shifts in regions such as Taiwan and Southeast Asia.
With demand rising for sustainable, high-quality, and digitally enabled construction solutions, the building finishing contractors market is positioned for sustained global growth over the remainder of the decade.
Originally reported by Research and Markets in Yahoo Finance.
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