Canada Construction Industry Databook Series – Market Size & Forecast (2015 – 2024) by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional and Infrastructure Construction, Opportunities in Top 10 Cities, and Risk Assessment
Report Description
In 2019, the decline of home sales has been driven largely due to rising interest rates and stricter mortgage qualification rules. The rising interest rates and mortgage rules will continue to remain the driving factor for the slowdown in the residential sector. However, factors such as a strong job market are expected to push the construction activity in residential sector. According to ConsTrack360 estimates, more than 130,000-180,000 jobs will be added to the market over the next 4 quarters, which means that the household income levels of the families will keep growing at a steady pace.
An increasing number of millennials are expected to move out of the rental market and start looking for buying their own home. As a result of which, the residential sector is expected to grow over the short to medium term.
Apart from residential construction, the government of Canada has funded the road infrastructure projects in Ontario. Three projects are currently under development in Casey, Kerns and Evanturel townships.
According to Constrack360, the building construction industry in Canada is expected to record a CAGR of 5.5% to reach CAD 277.9 billion by 2024. The residential construction industry in value terms increased at a CAGR of 4.8% during 2015-2019. The commercial building construction market in value terms is expected to record a CAGR of 4.5% over the forecast period.
This report from ConsTrack360 provides data and trend analyses on building construction industry in Canada, with over 80 KPIs. This is a data-centric report and it provides trend analyses with over 120+ charts and 100+ tables. It details market size & forecast, emerging trends, market opportunities, and investment risks in over 30 segments in residential, commercial, industrial and institutional construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms. The report focuses on combining industry dynamics with macro-economic scenario and changing consumer behavior to offer a 360-degree view of the opportunities and risks.
In addition to country level analysis, this report offers a detailed market opportunity assessment across key cities, helping clients assess key regions to target within the city.
Report Scope
• Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2015-2024 in Canada. KPIs covered include the following:
• Market size by value
• Market size by volume of construction
• Number of units
• Canada Residential Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Housing type (multi family, single family)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Top 10 cities in Canada
• Price point / income level (luxury, mid-tier, affordable)
• Construction stage (new construction, re-development, maintenance)
• Canada Commercial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Office building (further broken down by Grade A, Grade B, and Grade C)
• Retail building
• Hospitality and luxury building
• Restaurant
• Entertainment
• Sports facility
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Top 10 cities in Canada
• Canada Industrial Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Manufacturing plants
• Chemical & pharmaceutical
• Metal & material processing
• Construction stage (new construction, re-development, maintenance)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Top 10 cities in Canada
• Canada Institutional Building Construction Coverage: 10-year market size & forecast in value and volume (area and units) terms by
• Healthcare construction
• Educational construction
• Public sector
• construction stage (new construction, re-development, maintenance)
• Key cities (Tier – 1, Tier – 2, Tier – 3 segmentation)
• Top 10 cities in Canada
• Canada Infrastructure Construction Sectors: 10- year market size & forecast in value terms by
• Marine and inland water infrastructure
• Utility system construction (oil and gas infrastructure, communication infrastructure, power infrastructure, water and sewer infrastructure)
• Transportation infrastructure (highway, street and bridge construction, railway construction, airport construction, and tunnel construction)
• Construction stage (new construction, re-development, maintenance)
• Cities Covered
• Toronto
• Montreal
• Calgary
• Ottawa
• Edmonton
• Mississauga
• North York
• Winnipeg
• Scarborough
• Vancouver
Reason to Buy
• In-depth Understanding of Construction Market Dynamics: Understand market opportunity, industry dynamics, key trends and drivers across 40+ market segments and sub-segments of building and infrastructure construction industry in Canada.
• Volume and Value Data: Get detailed understanding of the market both from value and volume (both by activity and units) perspective for historical as well as forecast period
• Develop Market Specific Strategies: Identify growth segments and target specific opportunities to formulate your strategy; assess market specific key trends, drivers and risks in construction industry.
• City Level Insights: Get city level trend analyses to identify unique opportunities across key cities and also by tier-1, tier-2, and tier-3 cities.
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