Residential Construction in China

Residential Construction in China

  • September 2020 •
  • 32 pages •
  • Report ID: 3711578 •
  • Format: PDF
Residential Construction in China

Summary
Residential Construction in China industry profile provides top-line qualitative and quantitative summary information including: market size (value 2015-19, and forecast to 2024). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
- The residential construction market is defined as the value of work put in place annually for residential buildings. This includes apartments and apartment blocks, houses, and similar buildings, but not hotels and other forms of commercial, temporary accommodation, and includes both single- and multi-family housing. Market value is defined in general as the total value of construction activity in any given time period, including costs related to construction materials, equipment and services, new construction, refurbishment, repair and maintenance and demolition. It is synonymous with measures such as construction value put in place or value of construction work done.
- The Chinese residential construction market had total revenues of $1,641.1bn in 2019, representing a compound annual growth rate (CAGR) of 4.1% between 2015 and 2019.
- The slower growth in 2019 reflects a void where government investment in new housing was not renewed, although a housing renovation initiative did generate less-profitable activities.
- Decline will be inevitable in 2020, with consumer confidence at rock-bottom and construction projects delayed by stringent lockdown measures, but the Chinese residential market will finish the year in a less dire state than many others.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in China
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in China
- Leading company profiles reveal details of key residential construction market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the China residential construction market with five year forecasts

Reasons to Buy
- What was the size of the China residential construction market by value in 2019?
- What will be the size of the China residential construction market in 2024?
- What factors are affecting the strength of competition in the China residential construction market?
- How has the market performed over the last five years?
- What are the main segments that make up China’s residential construction market?
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