South African Construction Industry, 2017–2022

South African Construction Industry, 2017–2022

South Africa’s multidisciplinary construction industry accounts for a significant proportion of economic growth. This is evident in the country’s GDP as the industry is currently in a challenging cycle following the ongoing pressure on margins, decreased revenues, and struggling order books. However, the upward trend seen in certain segments of the industry experienced in 2017 is attributed to an increase in regional construction projects, recovery of certain commodity prices as well as increasing demand in the commodities market, an improving global construction market, and lastly, favourable exchange rates. The South African construction industry is encouraged to take advantage of new technologies disrupting the market, green construction methods, and PPPs to survive in turbulent times.

Research Highlights
This analysis addresses opportunities, challenges, and key drivers and restraints in the market. This study focuses on the following market segments:

South African construction market
Construction technology market
Green construction market
Green procurement market
Construction and mining capital equipment market
Cement market – particularly the green cement market.
The study period is from 2015 to 2022, with a base year of 2017 and a forecast period of 2018 to 2022.

Key Features
Provide an overview of the total market size and expected growth between 2018 and 2023.
Offer insight into the key drivers and restraints and their degree of impact over the next 5 years.
Present market forecasts for the total market from 2015 to 2022.
Provide an overview of the market, technology, and construction material trends over the next 5 years.
Highlight the key growth opportunities.

Key Issues Addressed
Who are the major participants within the local construction market?
What key factors are affecting market dynamics? What are the drivers, challenges, and business risks?
What are some of the most promising, high-growth opportunities for the local construction industry?
What are the emerging trends in the industry?
What are the key market restraints within the industry and their impact over the next 5 years?
What technologies and technological trends will have the greatest impact on the market?

Key Conclusion
Lastly, it is predicted that the construction industry will experience the following:
Green construction and green building materials, such as green cement, will see a significant boost in market revenue and will become one of the fastest-growing market segments between 2020 and 2030.
Industry participants should focus on establishing strategic partnerships among suppliers, (cement) manufacturers and technical firms to optimise market penetration through improved technology and expertise baseline.
There will be a significant increase in the implementation of higher efficiency in renewable energy, innovation in modular construction methods, and a strong adoption of optimisation technologies.

  • Executive Summary
    • Key Findings
    • Key Questions this Study will Answer
  • Construction Industry Overview
    • Scope
    • Construction Industry Overview
  • Key Technologies Transforming the Construction Industry
  • Construction and Development Trends
    • Trends/Factors Impacting the Construction Industry
  • Regulatory Trends
    • Regulatory Trends Impacting the Construction Industry
  • Market Drivers and Restraints
    • Market Drivers
    • Drivers Explained
    • Market Restraints
    • Restraints Explained
  • Market Size and Forecast
  • Growth Opportunities and Companies to Action
    • Growth Opportunity 1-Demand for Green Construction
    • Growth Opportunity 2-Demand for Green Cement
    • Growth Opportunity 3-Rising Residential and Infrastructure Market
    • Growth Opportunity 4-Renewable Energy
    • Growth Opportunity 5-Movement towards Green Procurement
    • Growth Opportunity 6-Integration of AI and Digitisation of the Industry
    • Growth Opportunity 7-Re-use of Builders Waste/Rubble
    • Strategic Imperatives for Success and Growth
  • Company Profiles-Aveng
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Basil Read
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Concor
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Esor
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Group Five
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Raubex
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-Stefanutti Stocks
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Profiles-WBHO
    • Overview
    • Company Analysis
    • Financial Performance
  • Company Comparison
    • Capability Matrix
    • Financial Comparison-Revenue
      • Table Multidisciplinary Construction Industry: Revenue by Company, South Africa, 2013-2017
    • Financial Comparison-Total Assets
      • Table Construction Industry: Total Assets by Company, South Africa, 2013-2017
    • Financial Comparison-Two-year Order Book
    • Financial Comparison-Efficiency
      • Table Construction Industry: Operating Earnings to Revenue Ratio, South Africa, 2013-2017
  • The Last Word
    • Top 3 Predictions for the Construction Industry
  • Appendix
    • Abbreviations

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