Procurement Market Intelligence Report
Water Damage Restoration Services
Sourcing Guide & Market Intelligence
Smarter cost management starts with comprehensive market intelligence
Quick Navigation
Water Damage Restoration Services Global Overview
Definition
Summary
This report is intended to assist buyers of water damage restoration services. Water damage restoration is the process of extraction, treatment (e.g., drying, dehumidifying, deodorizing, and disinfecting), cleaning, and restoration of a residential or nonresidential structure following flooding or water damage. Large, midsize, and small contractors perform restoration services on behalf of a wide range of buyers, including commercial and industrial businesses, homeowners, and government entities.
This Report Includes:
- Water Extraction
- Building Deodorizing
- Building Disinfecting
Not in this Report:
- Plumbing Services
- Furniture Restoration
Global Water Damage Restoration Services Procurement Trends
Discover the top international trends affecting procurement in the global Water Damage Restoration Services market.
Warning Trends
Canada and Mexico tariffs to significantly impact the construction industry
- On March 4, 2025, the United States imposed a 25.0% tariff on goods imported from Mexico and Canada, which applies in addition to other duties or fees that are in place, with limited exceptions for construction products. The levy on oil and gas imports from Canada was limited to 10.0%.
- However, as of March 6, 2025, all goods compliant with the United States-Mexico-Canada Agreement (USMCA) will be exempt from tariffs until April 2, 2025. In addition, on March 12, the United States raised tariffs on steel and aluminum imports from all countries to 25.0%, including Mexico and Canada.
- After the tariff took effect, Canada immediately imposed 25.0% tariffs on goods imported from the United States. Mexico also announced plans to impose retaliatory tariffs and non-tariff measures on imports from the United States later this month.
- According to Realtor.com, around 70.0% of the softwood lumber and drywall gypsum (used for drywall) used in residential construction is imported from Canada and Mexico, respectively. Tariffs on lumber and other building and construction materials will increase the cost of construction.
- According to the National Association of Home Builders, new tariffs on Canada and Mexico could raise the cost of imported construction materials by up to $4.0 billion in 2025. In addition, construction equipment prices will rise as many manufacturers produce or source parts or machines from countries like Mexico.
United States announces additional tariffs on China
- In February 2025, the United States announced 10.0% tariffs on imports from China. The tariffs took effect on February 4, 2025.
- The tariff plan applies to all merchandise imported for consumption and applies in addition to other duties and fees that are in place, with limited exceptions.
- In response, China announced a 15.0% tariff on products such as coal and natural gas, as well as a 10.0% tariff on crude oil, agricultural machinery, pickup trucks, and large cars. The tariff executive orders indicate retaliatory tariffs could lead to further escalation in rates.
- Providers in this market rely on inputs often sourced from China. As such, ProcurementIQ will continue to monitor developments in this space and update analysis accordingly.
Positive Trends
Construction activity slumps as interest rates remain high
- During the last three months, total construction spending inched downward by 0.4%, driven by a more sizable 1.0% decrease in private construction spending. However, public construction spending rose by 1.5% during this period.
- Despite recent federal funds rate cuts, interest rates for consumers and businesses have climbed in the last month as increased economic risk has counteracted the lower borrowing costs faced by banks.
- Elevated interest rates weaken construction demand because they increase construction project financing costs. Thus, high interest rates have continued to reduce private construction activity, which is the segment most exposed to interest rate shifts.
- As a result, demand for products and services related to construction is currently weak. However, increasing public sector construction spending is adding to demand in a few construction markets, such as utilities and infrastructure construction.
Global Water Damage Restoration Services Market - Suppliers by Region
| Country/Region | Number of Suppliers |
|---|---|
| #1Europe | 70,870 |
| #2United States | 46,000 |
| #3South America | 29,790 |
Explore supplier concentration across the globe
We've uncovered the 11 top regions for global procurement, based on feedback from our most strategic clients. Access vendor counts for each unique region when you subscribe.
Geography Drilldown - US
Average Cost of Water Damage Restoration Services
United States
2025 Market Pricing$40.00 to $XX,XXX.XX
per projectAverage Price
Prices in the Water Damage Restoration Services market range from $40.00 to $XX,XXX.XX, depending on Size of the Damaged Area, Equipment Used and Location. For example, lower prices are associated with 1 to 4 inches of water ($1,250 to $7,800 per project) and 9 to 12 inches of water ($8,500 to $18,930 per project), whereas higher prices are associated with Over 18 inches of water ($12,500 to $26,285 per project).
Need the scoop on international price trends?
Between our Europe and Canada collections, we provide price data for 350 markets so you can instantly compare prices across borders. Or, use our custom research services for intel on prices in any region across the globe.
Water Damage Restoration Services Category Price Trends
Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Water Damage Restoration Services market, prices in the US have grown 1.5% from 2022 to 2025. Subscribers can access price trend forecasts, price driver projections and forward-looking cost structure data. Learn more
United States (2022-2025)
1.5%
Compound Annual Growth RateUnited States (2025-2028)
Wondering where prices are heading?
Price trend forecasts are available to subscribers, along with price driver projections and forward-looking cost structure data.
Cost Analysis - Total Cost of Ownership for Water Damage Restoration Services
Total cost of ownership is Low in the Water Damage Restoration Services market. The average cost of ownership differs depending on the contract but generally includes costs negotiated before the contract begins, costs billed during the contract period and unforeseen costs. For example, unforeseen costs in the form of Delays may raise the total cost of ownership unexpectedly.
Negotiated Before
Pre-evaluation
Unforeseen
Delays
Scope Changes
Buyer Power in Procurement Negotiations
In 2025, buyer power amounts to -1.6 in the United States. Buyer power is most positively impacted by Product Specialization. It is most negatively impacted by Market Share Concentration. Subscribers can access details on eight other factors that impact buyer power. Learn more
United States
Buyer power forecasts: your glimpse into the future
Develop strategies for the upcoming year and identify unforeseen opportunities for buying now
- Actionable "Buy Now" and "Buy Later" insights
- Near-real-time updates to current and forecast Buyer Power Scores
- Methodology and weightings for Buyer Power Score Components
Supply Chain Risk
The average level of supply chain risk is assessed as Medium, which has a negative impact on buyer power. The level of supply chain risk is affected by industry volatility, barriers to entry, competition, import penetration, regulation and industry financial risk. Buyers in this market can mitigate procurement and supply chain management risks by monitoring risk levels for individual first and second tier suppliers:
1st
Tier Suppliers
- Industrial Machinery Wholesalers
- Waste Treatment & Disposal Service Providers
- Chemical Wholesalers
- Construction & Mining Equipment Wholesalers
2nd
Tier Suppliers
- Industrial Machinery Manufacturers
- Waste Collection Service Providers
- Organic Chemical Manufacturers
- Inorganic Chemical Manufacturers
- Construction Machinery Manufacturers
Biggest Water Damage Restoration Services Suppliers in the US by Revenue
The largest Water Damage Restoration Services vendors by revenue in the US are Rainbow International, Corp., Paul Davis Restoration and Dki Ventures, Llc. Subscribers can sort and filter by market share concentration, profit level and other factors. Learn more
| Supplier | Operational Size | Headquarters | Number of Employees | Market Share (%) | Market Share Performance (3yr trend) | Total Revenue ($ million) | Profit Level (%) | Risk Level |
|---|---|---|---|---|---|---|---|---|
| Chemed Corporation | International | CINCINNATI, OH | >10,000 | < 5 | ||||
| ServiceMaster Clean | National | MEMPHIS, TN | >10,000 | < 5 | ||||
| Rainbow International, Corp. | International | Waco, TX | 1,001-10,000 | < 5 | ||||
| Paul Davis Restoration | International | Jacksonville, FL | >10,000 | < 5 | ||||
| Dki Ventures, Llc | International | Elk Grove Village, IL | >10,000 | < 5 | ||||
| Belfor Usa Group Inc. | National | Birmingham, MI | >10,000 | < 5 | ||||
| Restoration Management Company | National | Hayward, CA | 501-1,000 | < 5 | ||||
| Water Damage Inc. | Local | Denver, CO | <25 | < 5 | ||||
| PuroSystems Inc. | International | Tamarac, FL | 251-500 | < 5 | ||||
Looking for a list of suppliers by country?
Subscribers can access vendor information on Canadian and European suppliers, too. We also offer custom research services to help with vendor sourcing anywhere in the world.
Profit Analysis
The average profit margin across vendors in the Water Damage Restoration Services market is 9.7% and steady. Profit levels shift depending on suppliers' spend on wages, purchases and overhead. The highest cost component for vendors is Purchases. The cost trend for this component is falling, when considering movement between 2024 and 2025. To understand cost forecasts for 2026 and uncover the implications on profit, start your subscription. Learn more
Vendor & Supply Chain Analysis
Vendors in the water damage restoration services market face a moderate level of risk. Vendors face high competition from other suppliers but should remain buoyed by rising demand for market services during the next three years.
Market share concentration is low in the water damage restoration services market. Large vendors have small market shares, and many small and medium-sized vendors compete for similar customers.
Supply chain risk is moderate in the water damage restoration services market. Vendors depend on chemical products, industrial equipment, and waste disposal services to perform restoration services.
The United States is a net importer of air dehumidifiers, meaning it imports more dehumidifiers than it exports. While lower manufacturing costs abroad drive down prices for imported dehumidifiers, relying on imports can lead to potential shortages or price increases if supply chain disruptions due to geopolitical tensions, trade disputes, or global crises occur.
Supplier Information
COIT Services Inc.
COIT Services Inc. is a private company operating globally in the construction and administration, business support and waste management services sectors. The company's offerings include water damage restoration services and carpet cleaning services. Founded in 1950, the company is currently headquartered... Subscribe to learn more
PuroSystems Inc.
PuroSystems Inc. is a private company operating internationally in the construction sector. The company's offerings include water damage restoration services. Founded in 2001, the company is currently headquartered in Tamarac, Florida, United States of America with an estimated 375 employees. Subscribe to learn more
Water Damage Inc.
Water Damage Inc. is a private company operating locally in the construction sector. The company's offerings include water damage restoration services. Founded in 1970, the company is currently headquartered in Denver, Colorado, United States of America with an estimated 25 employees. Subscribe to learn more
Restoration Management Company
Restoration Management Company is a private company operating nationally in the construction sector. The company's offerings include water damage restoration services. Founded in 1985, the company is currently headquartered in Hayward, California, United States of America with an estimated 750 employees. Subscribe to learn more
Belfor Usa Group Inc.
Belfor Usa Group Inc. is a private company operating nationally in the construction sector. The company's offerings include water damage restoration services. Founded in 1946, the company is currently headquartered in Birmingham, Michigan, United States of America with an estimated 10000 employees. Subscribe to learn more
Dki Ventures, Llc
Dki Ventures, Llc is a private company operating internationally in the construction sector. The company's offerings include water damage restoration services. Founded in 1974, the company is currently headquartered in Elk Grove Village, Illinois, United States of America with an estimated 10000 employees.... Subscribe to learn more
Paul Davis Restoration
Paul Davis Restoration is a private company operating internationally in the construction sector. The company's offerings include water damage restoration services. Founded in 1966, the company is currently headquartered in Jacksonville, Florida, United States of America with an estimated 15000 employees.... Subscribe to learn more
Rainbow International, Corp.
Rainbow International, Corp. is a private company operating internationally in the construction sector. The company's offerings include water damage restoration services. Founded in 1981, the company is currently headquartered in Waco, Texas, United States of America with an estimated 5500 employees. Subscribe to learn more
ServiceMaster Clean
ServiceMaster Clean is a public company operating nationally in the construction and administration, business support and waste management services sectors. The company's offerings include pest control services, facility maintenance & repair services, water damage restoration services, window cleaning services,... Subscribe to learn more
Accelerate the vendor selection process
Get a clear picture of the competition in a market and discover which vendors are best-suited for your sourcing needs. Our supplier profiles include hard-to-find financial ranges for private companies, cover public company data and feature an interactive competitor matrix.
Procurement Management KPIs for the Water Damage Restoration Services Market
Managing vendor performance throughout the contract period is easier when tracking specific key performance indicators (KPIs). For example, buyers should monitor Customer Satisfaction (CSAT) and Employee Training Rate. Buyers may experience better performance throughout their contracts if they establish service level agreements (SLAs) based on Compliance and other factors.
| KPI | Level of Importance (1-5) | Measurements | Key Considerations |
|---|---|---|---|
| Customer Satisfaction (CSAT) | Number of positive customer responses Number of customer responses | Customer satisfaction represents customers’ overall satisfaction with a company. Customers in this market prefer vendors that are flexible when responding to emergencies. | |
| Employee Training Rate | Number of employees that undergo evaluation Number of employees that pass evaluation | The employee training rate represents the share of employees a company is able to successfully train. Restoration inspectors with insufficient training may fail to discover the full scope of water damage, leading to unforeseen costs for buyers. | |
Questions to Ask During Procurement Negotiations
How can I gain leverage during negotiations?
Customer Support
How do you evaluate customer satisfaction? Is this made available to clients?
How have you changed your service in response to customer complaints and suggestions?
Experience and Expertise
Do you have case studies or client testimonials detailing the services performed? Can we speak to or visit a current client about their experiences?
Tell me about similar projects you have worked on in the past. What challenges did you face and how did you overcome them?
Competition
As a large company, how do you compete with the emergence of smaller players into the market?
As a small company, how do you compete with the reputation of large, established service providers?
The ultimate prep for procurement negotations
View all 26 negotiation questions for this category when you subscribe.
Water Damage Restoration Services RFP Guidelines
What should my RFP include?
Organizational Overview
Buyers should describe the size of their organization and provide information about their operations.
Buyers should include information about their organization type, such as if they are a manufacturing facility, office building or military complex.
Statement Of Need
Buyers should include a full list of required services needed because some vendors offer a range of related services.
Buyers should state which regulatory guidelines suppliers are expected to fulfill.
Project Budget
Municipal buyers should disclose from which part of their budget (or fund) service payments will be made.
All buyers should suggest the best method of billing.
The RFP process made easy
Find out how you can access RFP templates for 800+ procurement categories to start writing better, more consistent RFPs.
We display average pricing information, trends and market data.
Our Reports include:
- Opportunity assessment
- Market dynamics
- Recent developments
- Positive and warning trends
- Buyer power levers
- Price environment and market pricing
- Geographic wage rates
- Global market updates
- Total cost of ownership
- Cost structure benchmarks and analysis
- Supply chain and vendors
- Global supplier breakdown
- Market share concentration
- Regulation and business requirements
- Vendor management and KPIs
- Sourcing strategy guidance
Copyright © 2025 ProcurementIQ.
All Rights Reserved.