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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 | Sep 2014

Building upwards: Higher consumer spending is providing a strong foundation for 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
£17bn
Annual Growth 10-15
2.7%
Annual Growth 15-20
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Profit
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Employment
73,639
Businesses
10,756
Industry Analysis & Industry Trends

The Commercial Building Construction industry has endured a tumultuous period over the past five years because its primary markets plummeted and took industry operators down with them. 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 fiscal austerity measures involved cuts to funding for institutional buildings like schools and hospitals. Many companies went bust as business profit plummeted, retailers were hit by online competition and consumer spending fell. Various retailers, including supermarkets and department stores, scaled back their expansion plans, and lack of demand for offices caused property developers to halt investment too... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The industry is in a mature stage of its life cycle. Over the 10 years through 2019-20, industry revenue is forecast to grow at a compound annual rate of 3.3%, while GDP is projected to rise at a compound annual rate of 2.1% over the same period. Although this might seem to suggest that the industry is growing, these figures are largely the result of revenue starting from a low base in 2009-10 because of the slump brought by the economic downturn. The industry is expected to expand at a rate fairly similar to that of the UK economy... 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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