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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 | May 2016

Building blocks: Resurgent economic conditions have supported demand from various sectors

The Commercial Building Construction market research report provides key industry analysis and industry statistics, measures market size, analyzes current and future industry trends and shows market share for the industry’s largest companies. IBISWorld publishes the largest collection of industry reports so you can see an industry’s supply chain, economic drivers and key buyers and markets.

Report Snapshot
Market Share of Companies
Kier Construction Limited Kier Construction Limited market share
Industry Statistics & Market Size
Revenue
£20bn
Annual Growth 12-17
2.8%
Annual Growth 17-22
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Profit
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Employment
86,737
Businesses
13,134
Industry Analysis & Industry Trends

The Commercial Building Construction industry has recovered well over the past five years. It had previously endured a period of decline when private investment in commercial and industrial premises slumped in response to adverse trends in employment, company profitability and household spending. However, landmark office developments, rising demand for office space and renewed spending on public health and educational facilities have supported a resurgence in industry activity and consistent expansion in industry revenue since 2013-14.

Economic recovery over the past five years has supported strong capital expenditure, which has led to overall revenue growth... purchase to read more

Industry Report - Industry Products Chapter

Offices

Offices are usually constructed in the central business districts of major cities, but there is also significant demand for smaller developments in regional cities and suburban areas. Investment in office construction fluctuates in response to the business cycle but can take significantly longer to recover due to the length of time complex office schemes can take to complete. Many companies went out of business as the recession hit, which meant there were vacancies in office complexes and little incentive to invest in new sites. However, there has been more activity in the segment over the past year because rising business profit and confidence have attracted more investment... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Commercial Building Construction Industry?

This industry consists of firms that construct non-residential buildings to sell on their own account or on a fee or contract basis. This includes schools, hospitals, stores and airport buildings. The assembly and erection of prefabricated buildings is also covered. Repairs and maintenance are also included in the industry. Part or all of the construction process may be outsourced.

Industry Products
OfficesEducational buildingsHealth-care buildingsRetail buildingsEntertainment and recreation buildingsIndustrial buildingsOther non-residential buildings
 
Industry Activities
Constructing industrial buildings Constructing institutional buildings Constructing, office and other commercial buildingsConstructing recreation and entertainment facilitiesConstructing educational and health related facilitiesAssembling and erecting prefabricated non-residential buildings


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