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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 | Mar 2017

Stumbling block: Uncertainty in 2016-17 is expected to subdue impressive recent growth

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
Annual Growth 12-17
Annual Growth 17-22
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Industry Analysis & Industry Trends

The Commercial Building Construction industry has performed well in recent years, after weak economic conditions weighed on private investment in commercial and industrial premises at the start of the five-year period through 2016-17. However, landmark office developments, rising demand for office space, demand for car parks as new car sales soared 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.

The expansion of the economy over the past five years has supported rising capital expenditure, which has led to overall revenue growth. Nevertheless, revenue fell significantly in 2012-13, which was indicative of a lingering degree of uncertainty in the economy... purchase to read more

Industry Report - Industry Analysis Chapter

Relatively stable economic growth has boosted construction activity and supported demand for commercial builds in recent years. Revenue is estimated to rise at a compound annual rate of 2.2% over the five years through 2016-17. Nevertheless, growth has been limited overall due to the faltering nature of the economic recovery, which caused revenue to fall significantly in 2012-13. Recovering business expenditure, strong business confidence and long-term investment plans by large developers have been crucial in supporting industry growth over the past five years.

Industry growth continues to be driven by rising demand for offices and retail spaces in London and other major cities. Com.. 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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