Number of Drywall and Insulation Contractors Businesses in the US (20002023)

As of 2023

109,078

drywall and insulation contractors businesses in the United States

Number of Firms Over Time

77K89K102K114K126K20002005201020152020Number of Firms

Total Employment Over Time

533K668K803K938K1.1M20002005201020152020Total Employees

Key Insights

  • The drywall and insulation contractors industry has grown 12.2% since 2000 (from 97,183 to 109,078 firms).
  • The peak year was 2007 with 114,139 firms.
  • Recent trend (last 5 years): the industry is growing (+5.8%).
  • Employment: 850,639 workers in 2023 (1.6% change since 2000).
  • Estimated 5-year survival rate: 53%.

Year-by-Year Data

YearFirmsEstablishmentsEmploymentEntry RateExit RateNet Growth
2023109,078110,875850,63912.5%12.0%+0.8%
2022108,448110,129846,92414.2%11.2%+3.1%
2021104,706106,291820,41913.5%11.9%-2.8%
2020103,194104,658843,49012.7%12.7%+0.0%
2019103,117104,475843,80213.4%11.3%+2.8%
2018100,447101,718817,94213.4%11.2%+3.7%
201798,17799,394793,44813.7%11.1%+4.2%
201695,02896,154754,71014.6%10.8%+5.8%
201590,47391,565706,21814.0%11.4%+6.0%
201487,91888,939662,92813.6%12.1%+4.8%

Source: U.S. Census Bureau, Business Dynamics Statistics (BDS). Entry/exit rates refer to establishment openings and closings.