Procurement Market Intelligence Report

Parking Lot Maintenance & Repair
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Parking Lot Maintenance & Repair Global Overview

Definition

Summary

Construction firms provide asphalt patching and repair, concrete maintenance, seal coating, and crack sealing services. The key buyers of parking lot maintenance and repair services include property management firms, commercial leasing agencies, hotels, and airport operators.

This Report Includes:

  • Parking Lot & Garage Management Services
  • Asphalt Paving Services

Not in this Report:

  • Building site preparation services
  • All other specialized trade construction and maintenance services

Global Parking Lot Maintenance & Repair Procurement Trends

Discover the top international trends affecting procurement in the global Parking Lot Maintenance & Repair market.

Warning Trends


Tariffs to negatively impact the building and construction machinery sector

  • The Trump Administration’s reciprocal tariffs, which apply general tariff rate increases to most countries the United States trades with, are set to take effect on August 7, after the administration finalized the national rates on August 1. As a result, leading sources of imported construction machinery face significantly higher tariff rates, including Japan (15.0%), Mexico (25.0%), South Korea (15.0%), the European Union (15.0%), the United Kingdom (10.0%), China (54.0%), and Canada (35.0%).
  • The increase in tariffs on building and construction machinery imported from tariff-impacted countries will add to the price of imports, which are typically passed on to buyers in the form of higher prices. According to The Budget Lab at Yale, the additional tariffs on imports will increase overall prices for machinery and equipment by 13.3%.
  • Additionally, the administration has already implemented 50.0% tariffs on all aluminum and steel imported into the United States, with the sole exception of imports from the United Kingdom. These tariffs will increase input costs even for construction machinery suppliers with domestic manufacturing operations.
  • According to an April 2025 survey from Construction Equipment Magazine, around half of the respondents reported that the higher tariffs will increase operating costs by up to 15.0%, and more than half said they plan to pass those increases along to buyers.
  • As many building and construction machinery brands source parts and components such as steel, engines, and electronics from foreign countries, higher tariff rates will put upward pressure on prices and lead to greater rental rates as manufacturers and dealers pass on costs. In addition, suppliers that source parts from tariff-affected regions may see supply chain disruptions as they seek alternative suppliers to mitigate tariff impacts.

Neutral


Crude oil prices dip, but natural gas and fuel prices remain volatile in 2025

  • Oil prices have been falling with the introduction of higher tariffs and the predicted decline in global demand. The OPEC+ group of countries also announced they would be unwinding production cuts and increasing their collective output target for May by 411,000 barrels per day.
  • Trade wars, ongoing conflict between Hamas and Israel, and general unrest in the Middle East are causing uncertainty surrounding oil prices, which has led to volatility in prices. In the third week of May 2025, crude oil prices hit $63.67 per barrel, but volatility remains as geopolitical concerns remain.
  • Natural gas prices rallied early in 2025 with colder-than-usual temperatures in the United States and high demand, topping out at $4.68/MMBtu in March. Prices have since fallen with the onset of trade wars and weakening demand projections to $3.64/MMBtu in the third week of May 2025.
  • The national average of gasoline prices has been rising slightly due to refinery maintenance/outages and blending issues, hitting a national average of $3.15 per gallon in the third week of May 2025. However, gasoline futures have been volatile, falling due to fears of oversupply and deepening concerns about weakening demand with tariffs, but rising after trade deals.

Global Parking Lot Maintenance & Repair Market - Suppliers by Region

Country/Region Number of Suppliers
#1 China 142,665
#2 Europe 95,210
#3 United States 61,800

Explore supplier concentration across the globe

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  • Canada
  • United States
  • Mexico
  • Latin America
  • South America
  • India
  • China
  • Europe
  • Africa & Middle East
  • Australi & New Zealand
  • Oceania & Southeast Asia

2

Geography Drilldown - US

Average Cost of Parking Lot Maintenance & Repair

United States

2026 Market Pricing
$0.50 to $X.XX
per square foot

Average Price

Prices in the Parking Lot Maintenance & Repair market range from $0.50 to $X.XX, depending on Asphalt Treatment, Concrete Treatment, Cleaning & Preparation and Cost of Materials. For example, lower prices are associated with Resealing ($0.50 to $1.25 per square foot), whereas higher prices are associated with Resurfacing ($1.50 to $8.00 per square foot).

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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.

Parking Lot Maintenance & Repair Category Price Trends

Pricing trends are indicated by the compound annual growth rate (CAGR) during a set period of time. For the Parking Lot Maintenance & Repair market, prices in the US have grown 3.1% 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)

3.1%
Compound Annual Growth Rate
United States (2025-2028)

Compound Annual Growth Rate

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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 Parking Lot Maintenance & Repair

Total cost of ownership is Medium in the Parking Lot Maintenance & Repair 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 Downtime may raise the total cost of ownership unexpectedly.

Billed During

Additional Fees

Buyers often need to purchase additional products and services, such as line painting and concrete parking blocks, in conjunction with parking lot maintenance.

Utilities

The improvement of the energy efficiency of parking lot features, particularly lighting, could help reduce long-term energy costs. This may require a higher upfront investment, but may lower the TCO over the long run.

Compliance

Permitting and compliance costs can add to the TCO. For example, if the vendor needs to obtain permits or comply with local regulations, this may add to the overall cost of the service.

Unforeseen

Downtime

Parking lot maintenance and repair services typically require the repair area to be closed to vehicles for 24 hours to allow the repair materials to dry. This downtime may translate into lost revenue for buyers, further boosting the total cost of ownership.

Buyer Power in Procurement Negotiations

In 2026, buyer power amounts to -2.5 in the United States. Buyer power is most positively impacted by Recent Developments. 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

-2.5

Buyer power forecasts: your glimpse into the future

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  • Near-real-time updates to current and forecast Buyer Power Scores
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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

  • Asphalt Manufacturers
  • Industrial Supplies Wholesalers
  • Sand & Gravel Miners
  • Heavy Equipment Rental Firms

2nd

Tier Suppliers

  • Petroleum Refineries
  • Boiler & Heat Exchange Manufacturers
  • Construction & Mining Equipment Wholesalers
  • Construction Machinery Manufacturers

Biggest Parking Lot Maintenance & Repair Suppliers in the US by Revenue

The largest Parking Lot Maintenance & Repair vendors by revenue in the US are Ergon, Inc., Ace Asphalt of Arizona Inc. and AMS Paving Inc. 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
Ergon, Inc. International Jackson, MS 1,001-10,000 < 5
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Ace Asphalt of Arizona Inc. National Phoenix, AZ 251-500 < 5
AMS Paving Inc. Regional Fontana, CA 101-250 < 5
Asphalt Contractors Inc. Regional Union Grove, WI 51-100 < 5
Asphalt Solutions Inc. Regional New River, AZ 25-50 < 5
EverBlak Inc. Local Rochester, NY <25 < 5
Harding Group, Llc Regional Indianapolis, IN 251-500 < 5
Murphy Paving & Sealcoating Inc. Local Lemont, IL <25 < 5
Rabine Group National Schaumburg, IL 101-250 < 5

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Profit Analysis

The average profit margin across vendors in the Parking Lot Maintenance & Repair market is 6.5% 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 rising, when considering movement between 2025 and 2026. To understand cost forecasts for 2027 and uncover the implications on profit, start your subscription. Learn more

Vendor & Supply Chain Analysis

Market suppliers have a moderate level of financial risk, with larger suppliers typically having lower risk than smaller suppliers. Buyers should ask to review private companies’ financial data in order to make a more informed decision during the purchasing process.

While there are large enterprises within the industry capable of serving at the national level, this market is highly fragmented with most participants serving local markets and competing on price, quality, and timeliness. This fragmentation benefits buyers because they can leverage the fragmented and highly competitive nature of the market to obtain lower prices.

Asphalt is made up of 95.0% aggregate (gravel, sand, or stone), which is the most commonly mined material in the world, thus allowing for a steady supply. However, since suppliers are so reliant on this one input, there is moderate supply chain risk.

The United States is a petroleum-rich country, enabling it to be a net exporter of asphalt, which is made from a mixture of petroleum and gravel. As a result, parking lot maintenance and repair vendors have easy access to this input from domestic suppliers.

Supplier Information

Ace Asphalt of Arizona Inc.

Sunland Asphalt & Construction, LLC is a private company operating nationally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1979, the company is currently headquartered in Phoenix, Arizona, United States of America with an estimated 375 employees.... Subscribe to learn more

AMS Paving Inc.

AMS Paving Inc. is a private company operating regionally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1981, the company is currently headquartered in Fontana, California, United States of America with an estimated 75 employees. Subscribe to learn more

Asphalt Contractors Inc.

Asphalt Contractors Inc. is a private company operating regionally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1979, the company is currently headquartered in Union Grove, Wisconsin, United States of America with an estimated 175 employees. Subscribe to learn more

Asphalt Solutions Inc.

Asphalt Solutions Inc. is a private company operating regionally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1998, the company is currently headquartered in New River, Arizona, United States of America with an estimated 25 employees. Subscribe to learn more

Ergon, Inc.

Ergon, Inc. is a private company operating internationally in the construction and manufacturing sectors. The company's offerings include paraffins and parking lot maintenance & repair. Founded in 1954, the company is currently headquartered in Jackson, Mississippi, United States of America with an estimated... Subscribe to learn more

EverBlak Inc.

EverBlak Inc. is a private company operating locally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 2002, the company is currently headquartered in Rochester, New York, United States of America with an estimated 25 employees. Subscribe to learn more

Harding Group, Llc

Howard Asphalt LLC is a private company operating regionally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1960, the company is currently headquartered in Indianapolis, Indiana, United States of America with an estimated 375 employees. Subscribe to learn more

Murphy Paving & Sealcoating Inc.

Murphy Paving & Sealcoating Inc. is a private company operating locally in the construction sector. The company's offerings include parking lot maintenance & repair. Founded in 1989, the company is currently headquartered in Lemont, Illinois, United States of America with an estimated 8 employees. Subscribe to learn more

Rabine Group

Rabine Group is a private company operating nationally in the construction sector. The company's offerings include parking lot maintenance & repair and asphalt paving services. Founded in 1981, the company is currently headquartered in Schaumburg, Illinois, United States of America with an estimated 175 employees.... Subscribe to learn more

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Procurement Management KPIs for the Parking Lot Maintenance & Repair 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 Scope 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.

Customer satisfaction is a useful metric in evaluating smaller local providers that may not have a national presence.

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.

The employee training rate is important for markets that rely heavily on physical labor.

The employee training rate can be used to gauge a supplier's ability to adapt its staff to shifting parking lot design and maintenance techniques.

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Questions to Ask During Procurement Negotiations

How can I gain leverage during negotiations?

Experience and Expertise

How many years has your business been operating in the market? Have you operated under a different name or management team in the past?

How long has your longest client been using your services?

Competition

What is your reputation like among customers? How have you developed it?

How are your services better than your competitors'?

Customer Service

What type of customer service support do you offer? Do you offer 24/7 customer account and technical support services?

How have you addressed customers' issues?

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Parking Lot Maintenance & Repair RFP Guidelines

What should my RFP include?

Organizational Overview

All buyers should provide an overview of their city or organization, including the number of residents or occupants and date of incorporation.

All buyers should provide information regarding the size of their land or project area.

Statement Of Need

All buyers should state the desired materials to be used to perform the services.

Municipal buyers should establish working hours for services performed in public areas (e.g., parks).

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.

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