Construction in Philippines industry profile provides top-line qualitative and quantitative summary information including: market size (value 2012-16, and forecast to 2021). 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 Philippines construction market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information.
The construction industry is defined as the value of work put in place annually in the residential, non-residential, and civil engineering segments. The residential segment covers houses, dwellings, and similar work. The non-residential segment covers commercial, industrial, social, and similar work. Civil engineering covers infrastructure for transportation, telecommunications, energy, and other purposes.
The Filipino construction industry had total value of $16.1bn in 2016, representing a compound annual growth rate (CAGR) of 13.5% between 2012 and 2016.
The civil engineering segment is expected to be the industry's most lucrative in 2016, with total revenues of $9.9bn, equivalent to 53% of the industry's overall value.
Residential construction is set for strong growth over the next few years. The Housing and Land Use Regulatory Board wants to see an additional 1 million houses and apartments built before the end of 2016.
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What was the size of the Philippines construction market by value in 2016?
What will be the size of the Philippines construction market in 2021?
What factors are affecting the strength of competition in the Philippines construction market?
How has the market performed over the last five years?
What are the main segments that make up Philippines's construction market?