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04-18-22 | News

ICPI Contractors Survey Shows 27 Percent Increase in Sales

Gross Sales in the United States and Canada Spiked
by Staff

ICPI survey shows an uptick in sales across North America according to 177 segmental concrete pavement installation contractors including both member and non-members of ICPI.

According to a new survey recently released by the Interlocking Concrete Pavement Institute (ICPI), gross sales for concrete paver contractors in the United States and Canada increased by 27 percent in 2021.

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The 2022 ICPI Contractor Industry Report identified trends based on 177 segmental concrete pavement installation contractors which includes ICPI members and non-members. The survey was conducted by Industry Insights of Columbus, Ohio for ICPI.

Key findings included that 10 percent of salary/wage increase for employees, 64,615 average total square feet of pavers installed per company, and product availability reported as a challenge for 70 percent of respondents.

"Concrete paver contractors continue to experience substantial growth in sales each year," Paul Pignatelli, ICPI Board Chair explained, "This report also confirms the ongoing challenge of recruiting and hiring employees. ICPI and NCMA remain dedicated to workforce development initiatives through Hardscaping is to attract new people and provide ongoing training to those already in the industry through installer courses."

The study extended insight on sales, technology, and certification trends as well.

https://icpi.org/media-releases-collection/contractors-report-27-increase-in-sales-in-2021

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