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Commercial Building Construction in the UK: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Commercial Building Construction Market Research Report | SIC F41.201 | Feb 2015

Revenue rebuild: Improving economic conditions and expanding demand fuel growth

IBISWorld’s Commercial Building Construction market research report offers insightful industry analysis and research into the market at the national level. IBISWorld’s in-depth industry market research is presented in a logical and consistent format. The industry report contains key industry statistics, market size, industry trends, and growth and profit forecasts for a 5-year outlook period.

Report Snapshot
Market Share of Companies
Balfour Beatty Group Limited Balfour Beatty Group Limited market share
Kier Construction Limited Kier Construction Limited market share
Industry Statistics & Market Size
Revenue
£19bn
Annual Growth 10-15
5.4%
Annual Growth 15-20
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Profit
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Employment
86,467
Businesses
14,941
Industry Analysis & Industry Trends

The Commercial Building Construction industry has been recovering from a tumultuous period during the economic downturn, when private investment in commercial and industrial premises slumped in response to adverse trends in company profitability, employment and household spending. In the public sector, the government's spending cuts affected demand for institutional buildings like schools and hospitals. However, the Olympic Games and some landmark office developments provided some support for those operators based in or near London.

Increased business confidence stemming from a stabilising of the economy helped demand to recover from the recession-induced low in 2011-12... purchase to read more

Industry Report - Industry Products Chapter

Educational buildings

Constructing educational buildings is estimated to contribute 24.5% of industry revenue. Educational buildings such as primary and secondary schools, colleges, universities, nurseries and childcare centres are typically constructed in urban and suburban areas. Since most of the population attend government-funded schools, much of the work in this segment is funded by the public sector. Firms of all sizes can contest public-sector school-building contracts, but they must do so according to government processes... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Commercial Building Construction Industry?

This industry includes firms that construct non-residential buildings to sell on their own account or on a fee or contract basis. The assembly and erection of prefabricated buildings is also covered. Sometimes, part or all of the construction process is outsourced.

Industry Products
OfficesEducational buildingsHealth-related buildingsRetail buildingsEntertainment and recreation buildingsIndustrial buildingsOther non-residential buildings
 
Industry Activities
Constructing industrial buildings Constructing institutional buildings Constructing offices, hotels, shopping malls, restaurants and other commercial buildingsConstructing recreation and entertainment facilitiesAssembling and erecting prefabricated non-residential buildings


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