Residential Construction in South Korea

Residential Construction in South Korea

  • September 2020 •
  • 33 pages •
  • Report ID: 3711635 •
  • Format: PDF
Residential Construction in South Korea

Summary
Residential Construction in South Korea industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 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 South Korean residential construction market had total revenues of $84.4bn in 2019, representing a compound annual growth rate (CAGR) of 5.3% between 2015 and 2019.
- High levels of youth unemployment, tight mortgage rules and over-priced houses continued to weigh on this market in 2019.
- South Korea has fared better than most countries in controlling the COVID-19 outbreak, but the grave economic fallout in the region and around the world will nonetheless make this market’s recovery difficult.

Scope
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the residential construction market in South Korea
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in South Korea
- 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 South Korea residential construction market with five year forecasts by both value and volume

Reasons to Buy
- What was the size of the South Korea residential construction market by value in 2019?
- What will be the size of the South Korea residential construction market in 2024?
- What factors are affecting the strength of competition in the South Korea residential construction market?
- How has the market performed over the last five years?
- Who are the top competitiors in South Korea’s residential construction market?
Loading...

We are very sorry, but an error occurred.
Please contact [email protected] if the problem remains.