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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 SWOT Analysis Chapter

The Commercial Building Construction industry is in the mature phase of its life cycle. The industry has been growing strongly since 2010, driven by an overall increase in corporate profit and consumer spending. Industry value added (IVA), which measures the industry's contribution to the economy, is expected to increase at an average annual rate of 3.6% over the 10 years to 2020. This increase is slightly higher than the GDP growth rate of 2.2% over the same period.

While the industry's markets fluctuate based on changes in the Canadian economy as a whole, including per capita disposable income, unemployment, corporate profit and interest rates, industry services are an essential part of the Canadian economy and enjoy complete market acceptance... 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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