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Apartment & Condominium Construction in the US - Industry Market Research Report

Publisher IBISWorld
Published Feb 24, 2025
Length 39 Pages
SKU # IBSS19911195

Description

Apartment & Condominium Construction in the US

Companies in the Apartment and Condominium construction industry build new multifamily residential units, including apartment complexes, condominiums, townhouses and duplexes. Some companies offer construction management for projects. The drastic need for apartments has led to an increase in construction through 2023. Overall, revenue is set to grow at an annualized rate of 3.5% to $79.6 billion over the five years to 2023. This includes a 3.7% decline in 2023 as inflation slows construction activity.

This industry is composed of general contractors responsible for constructing new multifamily residential units, including high-rise apartments, townhouses, condominiums and medium-to-high density units (i.e. units not separated by a ground-to-roof wall). All of the complexes may be constructed for sale as condominiums or cooperatives, or used as rental apartments. This industry does not include speculative builders or contractors who build on their own account for sale.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares."

Table of Contents

39 Pages


ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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