Residential Construction in Asia-Pacific industry profile provides top-line qualitative and quantitative summary information including: market size (value 2011-15, and forecast to 2020). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market. Essential resource for top-line data and analysis covering the Asia-Pacific residential construction market. Includes market size data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
Save time carrying out entry-level research by identifying the size, growth, and leading players in the residential construction market in Asia-Pacific Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the residential construction market in Asia-Pacific 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 Asia-Pacific residential construction market with five year forecasts Macroeconomic indicators provide insight into general trends within the Asia-Pacific economy
Reasons To Buy
What was the size of the Asia-Pacific residential construction market by value in 2015? What will be the size of the Asia-Pacific residential construction market in 2020? What factors are affecting the strength of competition in the Asia-Pacific residential construction market? How has the market performed over the last five years? How large is Asia-Pacific’s residential construction market in relation to its regional counterparts?
The residential construction market is defined as the value of work put in place annually for residential buildings. This includes apartments, houses, and similar buildings, but not hotels etc. Market value includes new build and also renovations and repair; it includes construction of buildings and also preparatory work and completion (demolition, site preparation, electrical and plumbing installation, etc). All currency conversions were carried out at constant average annual 2014 exchange rates.
The Asia-Pacific residential construction market is expected to generate total value of $1,229.6bn in 2015, representing a compound annual growth rate (CAGR) of 11.1% between 2011 and 2015.
China dominates the Asia-Pacific market. House prices in major cities such as Beijing and Shanghai fell through much of 2014, as a result of factors such as restrictions on purchases of second homes, but they began to rise again in 2015.
Japan's market had a strong performance, considering the maturity of this economy. Although Japan is already a highly urbanized society, there is still a trend for net increase in urban populations, which will drive up demand for residential construction.