Industry Analysis & Industry Trends
Operators in the Site Preparation industry provide a variety of services that facilitate activity. These services include excavation, levelling, blasting and land drainage. The industry's main clients are companies in the residential and commercial construction, infrastructure, industrial and mining sectors. Resurgent growth in these sectors has supported solid revenue growth. Government schemes like the Help to Buy scheme and strong levels of consumer confidence have supported particularly strong demand from the residential market. Schemes to boost the supply of new homes by increasing the availability of brownfield sites has provided significant opportunities for firms providing earth moving and foundation services... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Site Preparation industry is in the mature stage, with revenue activity being principally determined by trends in key building and infrastructure markets. Over the 10 years through 2021-22, industry value added (IVA) is forecast to increase at a compound annual rate of 1.2%, while GDP is expected to grow at a compound annual rate of 2.3% over the same period. Although IVA is forecast to grow at a slower rate than GDP, this largely represents the anticipated slowdown in demand as a result of the EU referendum outcome. The prior period has been characterised by solid growth although revenue still remains below pre-economic downturn levels. This suggests a mature industry.
Strong demand in the past few years has since the industry expand robustly. The.. purchase to read more