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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 2015

Built to last: 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. In the coming years, the industry is expected to continue benefiting from increasing consumer spending and a rebound in corporate profitability. Growing demand for green building projects is anticipated to further increase the demand for building starts and renovation of office buildings, retail stores, hotels and entertainment buildings... purchase to read more

Industry Report - Industry Analysis Chapter

The Commercial Building Construction industry is composed of general contractors (GCs), project managers and companies that construct buildings in conjunction with the full scope of business activity in Canada, including retail and warehouse space, restaurants, office buildings, agricultural structures, hotels and motels, amusement parks, gyms and other recreational buildings. Companies in the industry typically act as the GC for a project, which entails full planning and organization of the build, including securing materials and hiring subcontractors, as well as obtaining licences, maintaining the work place and managing clean up. With such a diverse range of client markets, no single sector of the economy determines the health of commercial construction... 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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