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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 | Oct 2015

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

IBISWorld’s Commercial Building Construction market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$32bn
Annual Growth 10-15
3.0%
Annual Growth 15-20
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Profit
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Employment
97,217
Businesses
7,512
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 2020, 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 Key Buyers Chapter

The Commercial Building Construction industry is estimated to have a low level of concentration, with the three top companies making up less than 20.0% of market share. As of 2015, there is only one major industry player (PCL Constructors Inc.) that competes with regional and local contractors. Market share concentration among the largest enterprises has been increasing slightly over the past five years, because these competitors have consolidated to increase profit margins. Although industry concentration is classified as low, the regional concentration is often higher... 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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