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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 | Jun 2015

Build it up: Higher business expenditure will prompt greater investment in new building projects

IBISWorld’s Commercial Building Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Kier Construction Limited Kier Construction Limited market share
Industry Statistics & Market Size
Revenue
£20bn
Annual Growth 11-16
5.9%
Annual Growth 16-21
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Profit
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Employment
90,414
Businesses
15,614
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 such as 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 Analysis Chapter

Commercial building contractors were among those most severely affected by the economic downturn kick-started by the 2008 financial crisis. Private investment plunged, the value of commercial construction output nosedived and industry revenue followed suit. This means that although revenue has grown overall in the past five years, rising at an estimated compound annual rate of 5.9% over the five years through 2015-16, much of this has been possible because a 30.7% revenue fall in 2009-10 brought revenue to an unusual low. Since then, recovering consumer demand, preparations for the 2012 Olympics and long-term investment plans by large developers have helped contractors recover somewhat... 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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