Annual Architectural Tinting Prices Report Published

July 27th, 2016 by Casey Flores

The annual report that claims to help buyers estimate the cost of architectural window tinting services has been released by IBIS World. In it, the procurement firm projects the pricing trends regionally, what’s impacting them and what the future holds for tinting businesses.

While IBIS’s range of tinting prices, which includes security film installations, remained unchanged year-to-year ($5 to $20 per square foot), its national average jumped $0.13 to $8.83 per square foot.

The report uses wage data from the U.S. Bureau of Labor Statistics from glazing contractors, which author Agiima Kurchkin claims “are the most representative of average wages for tinting services.”

“Because wages are one of the main drivers impacting service prices, our analysts use wage data for the major metro areas from the BLS to calculate the service prices for that area,” says Ashley McKay, media coordinator.

Of the cities the firm identified, Chicago was again the highest with prices per square feet averaging at $11.95—up one cent from last year, according to the firm. Tampa, Fla., was again the lowest at $7.34—up 24 cents per square foot.

Brett Buehler, owner of Seattle-based Midnight Window Tint, says IBIS’s estimate of his city ($11.80 per square foot) sounds bloated.

“That seems really high to me. We hit those numbers occasionally, but it’s not a common occurrence,” he says. “On average, we’re running about $6 to $8 per square foot.”

Buehler also says his range tends to be in the $5 to $10 range per square foot, not the $5 to $20 range IBIS reports.

Here are other key findings from the report:

Price increase in tinting services since 2013: 2.5 percent

Price forecast for 2019: Up 2.1 percent

Profit’s proportion of revenue: 5.9 percent

Wages’ proportion of revenue: 31.0 percent

Purchases’ proportion of revenue: 40.1 percent

Overhead’s proportion of revenue: 23 percent

Largest share of architectural film vendors geographically: Southeast – 24.7 percent

Largest vendor in the U.S.: Window Film Depot (less than 5 percent market share)

To purchase IBIS World’s annual procurement report on window tinting services, click here.

This article is from Focus on Film, the weekly e-newsletter that covers the latest news regarding window film and related products, including paint protection film. Click HERE to sign up—there is no charge. Interested in a deeper dive? Free subscriptions to Window Film magazine in print or digital format are available. Subscribe at no charge HERE.

Tags: , ,

Leave Comment