Report cover image

Myanmar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

Publisher GlobalData
Published Dec 19, 2024
Length 41 Pages
SKU # GBDT19550431

Description

Myanmar Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis to 2028 (H2 2024)

Summary

GlobalData’s Construction in Myanmar - Key Trends and Opportunities to 2028 (H2 2024) report provides detailed market analysis, information and insights into the Myanmar's construction industry, including -
  • The Myanmar’s construction industry's growth prospects by market, project type and construction activity
  • Critical insight into the impact of industry trends and issues, as well as an analysis of key risks and opportunities in the Myanmar’s construction industry
  • Analysis of the mega-project pipeline, focusing on development stages and participants, in addition to listings of major projects in the pipeline.
GlobalData estimates Myanmar’s construction industry to contract by 6% in 2024, owing to rising material costs, labor shortages, supply chain disruptions, currency devaluation, and ongoing civil conflict leading to the exit of international businesses. For instance, in July 2024, Singapore based investment holding company Avarga Limited withdrew from a MKK96.6 billion ($46 million) energy project following operational downturns linked to the 2021 coup. However, there are signs of short-term recovery driven by improvements in exports and foreign investment. In the first six months of the financial year (FY) 2024-25 (April to September 2024), foreign direct investments (FDI) of over MMK171.6 billion ($81.7 million) were directed into the manufacturing sector. Moreover, in October 2024, the Myanmar Investment Commission (MIC) approved 30 foreign projects from seven countries, totalling MMK468.3 billion ($223 million).

Over the remainder of the forecast period, from 2025 to 2028, the construction industry is expected to register an annual average growth rate of 3.5%, supported by investments in renewable energy, infrastructure, and manufacturing projects. According to the pipeline of projects tracked by GlobalData, Myanmar had a pipeline value of MMK240.2 trillion ($114.4 billion), as of late November 2024. Some of the major projects currently under construction are the MMK18.9 trillion ($9 billion) Mandalay to Muse Railway Link project, which is expected to be completed by 2031; the MMK12.6 trillion ($6 billion) Thanlyin Integrated Refinery and Petrochemical Complex project, which is expected to be completed by 2030, and the MMK2.7 trillion ($1.3 billion) Kyaukpyu Industrial Zone project, which is also expected to be completed by 2030

Scope

This report provides a comprehensive analysis of the construction industry in Myanmar. It provides -
  • Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Myanmar, featuring details of key growth drivers.
  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
  • Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
  • Identify and evaluate market opportunities using our standardized valuation and forecasting methodologies
  • Assess market growth potential at a micro-level with over 600 time-series data forecasts
  • Understand the latest industry and market trends
  • Formulate and validate business strategies using GlobalData's critical and actionable insight
  • Assess business risks, including cost, regulatory and competitive pressures
  • Evaluate competitive risk and success factors

Table of Contents

41 Pages
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
Outlook
Latest news and developments
4.2 Commercial Construction
Outlook
Project analytics
Latest news and developments
4.3 Industrial Construction
Outlook
Project analytics
Latest news and developments
4.4 Infrastructure Construction
Outlook
Project analytics
Latest news and developments
4.5 Energy and Utilities Construction
Outlook
Project analytics
Latest news and developments
4.6 Institutional Construction
Outlook
Latest news and developments 27
4.7 Residential Construction
Outlook
Project analytics
Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
7.1 What is this Report About?
7.2 Definitions
7.3 CRI Methodology
About GlobalData
Contact Us
List of Tables
Table 1: South Africa Ready Meals Market Value (ZAR m) and Growth (Y-o-Y), 2018-28
Table 2: South Africa Ready Meals Market Value (USD m) and Growth (Y-o-Y), 2018-28
Table 3: South Africa Ready Meals Market Value (ZAR m) by Segments, 2018-23
Table 4: South Africa Ready Meals Market Value (ZAR m) by Segments, 2023-28
Table 5: South Africa Ready Meals Market Value (USD m) by Segments, 2018-23
Table 6: South Africa Ready Meals Market Value (USD m) by Segments, 2023-28
Table 7: South Africa Ready Meals Market Volume (Kg m) and Growth (Y-o-Y), 2018-28
Table 8: South Africa Ready Meals Market Volume (kg m) by Segments, 2018-23
Table 9: South Africa Ready Meals Market Volume (kg m) by Segments, 2023-28
Table 10: South Africa Ambient Ready Meals Market by Value (ZAR m), 2018-28
Table 11: South Africa Ambient Ready Meals Market by Value (USD m), 2018-28
Table 12: South Africa Ambient Ready Meals Market by Volume (Kg m), 2018-28
Table 13: South Africa Chilled Ready Meals Market by Value (ZAR m), 2018-28
Table 14: South Africa Chilled Ready Meals Market by Value (USD m), 2018-28
Table 15: South Africa Chilled Ready Meals Market by Volume (Kg m), 2018-28
Table 16: South Africa Dried Ready Meals Market by Value (ZAR m), 2018-28
Table 17: South Africa Dried Ready Meals Market by Value (USD m), 2018-28
Table 18: South Africa Dried Ready Meals Market by Volume (Kg m), 2018-28
Table 19: South Africa Frozen Ready Meals Market by Value (ZAR m), 2018-28
Table 20: South Africa Frozen Ready Meals Market by Value (USD m), 2018-28
Table 21: South Africa Frozen Ready Meals Market by Volume (Kg m), 2018-28
Table 22: South Africa Ready Meals Market Value by Brands (ZAR m), 2020-23
Table 23: South Africa Ready Meals Market Value by Brands (USD m), 2020-23
Table 24: South Africa Ready Meals Market Volume by Brands (Kg m), 2020-23
Table 25: South Africa Ready Meals Market Value by Distribution Channel (ZAR m), 2020-23
Table 26: South Africa Ready Meals Market Value by Distribution Channel (USD m), 2020-23
Table 27: Category Definitions - Ready Meals Market
Table 28: Distribution Channel Definitions Ready Meals Market
Table 29: Volume Units for Ready Meals Market
Table 30: South Africa Exchange Rate ZAR - USD (Annual Average), 2018 - 2023
Table 31: South Africa Exchange Rate ZAR - USD (Annual Average), 2024 - 2028 Forecast
List of Figures
Figure 1: South and South-East Asia, Construction Output (Real % Change), 2022-28
Figure 2: Myanmar, Construction Output by Sector (Real % Change), 2022-24 and 2025-28
Figure 3: Myanmar, Risk Summary
Figure 4: Myanmar, Risk Regional Comparison
Figure 5: Myanmar, Construction Output Value (Real, $ Million, 2022 Prices and Exchange Rate), 2019-28
Figure 6: Myanmar, Construction Output Value, by Sector (Real, $ Million), 2019-28
Figure 7: Myanmar, Commercial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 8: Myanmar, Commercial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 9: Myanmar, Industrial Construction Output by Project Type (Real, $ Million), 2019-28
Figure 10: Myanmar, Industrial Construction Projects Pipeline, Value by Stage ($ Million)
Figure 11: Myanmar, Infrastructure Construction Output by Project Type (Real, $ Million), 2019-28
Figure 12: Myanmar, Infrastructure Construction Projects Pipeline, Value by Stage ($ Million)
Figure 13: Myanmar, Energy and Utilities Construction Output by Project Type (Real, $ Million), 2019-28
Figure 14: Myanmar, Energy and Utilities Construction Projects Pipeline, Value by Stage ($ Million)
Figure 15: Myanmar, Institutional Construction Output by Project Type (Real, $ Million), 2019-28
Figure 16: Myanmar, Residential Construction Output by Project Type (Real, $ Million), 2019-28
Figure 17: Myanmar, Residential Construction Projects Pipeline, Value by Stage ($ Million)
Figure 18: Myanmar, Headquarters of Key Contractors (% of Total Project Pipeline)
Figure 19: Myanmar, Headquarters of Key Consultants (% of Total Project Pipeline)

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us