Report cover image

Hong Kong Construction Market Summary, Competitive Analysis and Forecast to 2027

Publisher MarketLine
Published May 05, 2023
Length 43 Pages
SKU # MTLN18024818

Description

Hong Kong Construction Market Summary, Competitive Analysis and Forecast to 2027


Summary

Construction in Hong Kong industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.

Key Highlights
  • The construction market is defined as the value of work put in place annually for both, residential and non-residential construction.
  • The Hong Kongese construction industry had total revenues of $31.3 billion in 2022, representing a negative compound annual growth rate (CAGR) of 0.5% between 2017 and 2022.
  • The non-residential construction segment accounted for the industry's largest proportion in 2022, with total revenues of $20.9 billion, equivalent to 66.6% of the industry's overall value.
  • Hong Kongese construction industry slowed down in the past few years, owing to several factors, namely: slow growth in the economy, a decrease in urbanization, continuous rise in interest rate, supply chain challenges, and labour shortage resulting in negative annual growth.
Scope
  • Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the construction market in Hong Kong
  • Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the construction market in Hong Kong
  • Leading company profiles reveal details of key construction market players’ global operations and financial performance
  • Add weight to presentations and pitches by understanding the future growth prospects of the Hong Kong construction market with five year forecasts
Reasons to Buy
  • What was the size of the Hong Kong construction market by value in 2022?
  • What will be the size of the Hong Kong construction market in 2027?
  • What factors are affecting the strength of competition in the Hong Kong construction market?
  • How has the market performed over the last five years?
  • What are the main segments that make up Hong Kong's construction market?

Table of Contents

43 Pages
1 Executive Summary
1.1. Market value
1.2. Market value forecast
1.3. Category segmentation
1.4. Geography segmentation
1.5. Market rivalry
1.6. Competitive landscape
2 Market Overview
2.1. Market definition
2.2. Market analysis
3 Market Data
3.1. Market value
4 Market Segmentation
4.1. Category segmentation
4.2. Geography segmentation
5 Market Outlook
5.1. Market value forecast
6 Five Forces Analysis
6.1. Summary
6.2. Buyer power
6.3. Supplier power
6.4. New entrants
6.5. Threat of substitutes
6.6. Degree of rivalry
7 Competitive Landscape
7.1. Who are the leading players?
7.2. What strategies do leading players follow?
7.3. What is the strength of the leading players?
7.4. How is technology shaping the construction industry?
8 Company Profiles
8.1. CIMIC Group Limited
8.2. Gammon Construction Ltd
8.3. China Railway Construction Corp Ltd
8.4. China State Construction Engineering Corp Ltd
9 Macroeconomic Indicators
9.1. Country data
10 Appendix
10.1. Methodology
10.2. Industry associations
10.3. About MarketLine
List of Tables
Table 1: Hong Kong construction industry value: $ million, 2017–22
Table 2: Hong Kong construction industry category segmentation: % share, by value, 2017–2022
Table 3: Hong Kong construction industry category segmentation: $ million, 2017-2022
Table 4: Hong Kong construction industry geography segmentation: $ million, 2022
Table 5: Hong Kong construction industry value forecast: $ million, 2022–27
Table 6: CIMIC Group Limited: key facts
Table 7: CIMIC Group Limited: Key Employees
Table 8: Gammon Construction Ltd: key facts
Table 9: Gammon Construction Ltd: Key Employees
Table 10: China Railway Construction Corp Ltd: key facts
Table 11: China Railway Construction Corp Ltd: Annual Financial Ratios
Table 12: China Railway Construction Corp Ltd: Key Employees
Table 13: China State Construction Engineering Corp Ltd: key facts
Table 14: China State Construction Engineering Corp Ltd: Annual Financial Ratios
Table 15: China State Construction Engineering Corp Ltd: Key Employees
Table 16: Hong Kong size of population (million), 2018–22
Table 17: Hong Kong gdp (constant 2005 prices, $ billion), 2018–22
Table 18: Hong Kong gdp (current prices, $ billion), 2018–22
Table 19: Hong Kong inflation, 2018–22
Table 20: Hong Kong consumer price index (absolute), 2018–22
Table 21: Hong Kong exchange rate, 2018–22
List of Figures
Figure 1: Hong Kong construction industry value: $ million, 2017–22
Figure 2: Hong Kong construction industry category segmentation: $ million, 2017-2022
Figure 3: Hong Kong construction industry geography segmentation: % share, by value, 2022
Figure 4: Hong Kong construction industry value forecast: $ million, 2022–27
Figure 5: Forces driving competition in the construction industry in Hong Kong, 2022
Figure 6: Drivers of buyer power in the construction industry in Hong Kong, 2022
Figure 7: Drivers of supplier power in the construction industry in Hong Kong, 2022
Figure 8: Factors influencing the likelihood of new entrants in the construction industry in Hong Kong, 2022
Figure 9: Factors influencing the threat of substitutes in the construction industry in Hong Kong, 2022
Figure 10: Drivers of degree of rivalry in the construction industry in Hong Kong, 2022

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.

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