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Commercial Building Construction in Canada: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Commercial Building Construction in Canada Market Research Report | NAICS 23622aCA | Jun 2016

Concrete jungle: The push toward green and sustainable construction will bolster demand

IBISWorld’s Commercial Building Construction market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Annual Growth 11-16
Annual Growth 16-21
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Industry Analysis & Industry Trends

Operators in the Commercial Building Construction industry in Canada have experienced strong growth over the past five years. Declining vacancy rates for retail and office building space between 2010 and 2011 allowed the industry to pick up strongly. Commercial construction typically lags behind the overall economy by up to two years, due in part to the length of construction contracts and the pipeline of projects that general contractors keep on the books. Over the five years to 2021, this pipeline of projects and new contracts is anticipated to allow revenue to rebound and expand. The industry is also set to benefit from the increased migration of the population toward metropolitan areas... purchase to read more

Industry Report - Industry SWOT Analysis Chapter

The Commercial Building Construction industry is in the mature phase of its life cycle. Though industry growth has been moderately volatile over the past five years, its overall contribution to the economy (IVA) has outpaced GDP growth. Over the 10 years to 2021, IBISWorld projects industry IVA to grow by an annualized 3.6%. In contrast, the overall economy is projected to grow by an annualized 1.9% over the same period.

While the industry's markets fluctuate based on changes in the economy as a whole, including per capita disposable income, unemployment, corporate profit and interest rates, industry services are an essential part of the economy and enjoy complete market acceptance. This close connection with overall economic cycles is highly indicative of a mature industry... purchase to read more


Industry ProductsRelated ReportsTable of Contents

What is the Commercial Building Construction Industry?

This industry constructs (i.e. new work, additions, alterations, maintenance and repairs) office, retail, hotel and entertainment buildings. The majority of participants are general contractors or project managers. This industry does not include municipal building construction, which comprises institutional buildings such as schools, hospitals and churches.

Industry Products
Integrated Product DeliveryConstruction Management at RiskDesign Build Design Bid BuildConstruction Management Agency
Industry Activities
Office building constructionHotel and motel constructionRestaurant, cafe and bar constructionRetail store constructionShopping centre or shopping mall constructionCommercial warehouse constructionService and gas station constructionAuto service and sales store constructionEntertainment and recreation building construction (e.g. casinos, gyms, cinemas and arenas)Radio and television broadcast studio construction

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