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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

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
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 Products Chapter

Educational buildings

Constructing educational buildings contributes 22.6% of industry revenue. Educational buildings such as primary and secondary schools, colleges, universities, nurseries and childcare centres are typically constructed in suburban areas. Firms of all sizes can contest contracts, but all must do so using rigid government processes.

The injection of additional funding from the central government under the Building Schools for the Future programme helped boost construction in the educational building market in the mid- to late 2000s, but recent cuts in public spending have resulted in the value of construction in this market contracting. However, private investment in this segment through PFIs is expected to grow over the next five years... 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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