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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 | Mar 2016

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

IBISWorld’s Commercial Building Construction market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$30bn
Annual Growth 11-16
0.9%
Annual Growth 16-21
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Profit
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Employment
86,296
Businesses
12,366
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 Locations Chapter

Establishments operating in Canada’s Commercial Building Construction industry are distributed largely in line with the country’s population and economic activity. Population growth typically influences commercial building activity, but unexpected events, such as natural disasters, can create commercial construction booms in specific areas.

Ontario is home to 36.5% of total commercial construction establishments. It is also home to Toronto, the country’s most populous city, whose high population density encourages the need for commercial building construction and retail centres... 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
General contracting Construction managementRemodelling contracting
 
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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